Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS


Energy & Environment

Azerbaijan, Romania discuss AGRI project

Thursday, November 10, 2016

The Azerbaijan-Georgia-Romania Interconnector (AGRI) project was mulled by Azerbaijan’s Energy Minister Natig Aliyev and Romania’s ambassador Dan Iancu in Baku, Azerbaijan’s Energy Ministry said Nov. 3, according to ...

Romania's final energy consumption was up by 0.7 percent in 2015 from 2014

Thursday, November 3, 2016

_ Primary  energy  production  level  in  2015  was  about  the  same  with that of 2014, while imports of energy products increased by  ...

CEH needs the state aids for the mining and electricity production activities

Thursday, November 3, 2016


The Hunedoara Energy Complex (CEH) needs the state aids for the mining and electricity production activities, so it can function and cover the coal needed for thermal power plants, but also respect the labour agreement, new deputy director general Petre Nica told ...

Commission proposals on biofuels will damage Romania’s interests

Thursday, November 3, 2016


The change of EU policy on biofuels will undermine Romania’s potential to become one of Europe’s most important sources of clean renewable fuel, writes Laurentiu Rebega for EurActiv.com. Laurentiu Rebega is a Romanian politician and a member of the European Parliament with the Europe of Nations and Freedom Group (ENF). In 2009, the EU enacted the Renewable Energy Directive (RED). That legislation was intended to promote the use of biofuels as a clean ...

Solutions for producers of electricity from renewable sources, from the Ministry of Energy

Thursday, November 3, 2016

The Ministry of Energy has put into public debate the draft of the emergency ordinance for amending the Law 220/2008. The document is long awaited by the companies operating in electricity generation from renewable resources, given that the changes in primary and secondary regulation in recent years have drastically reduced the income of the producers. Repeatedly, the representative associations from the renewable energy industry have warned ...

Iohannis: Oltenia Energy Complex cannot avoid upgrading and downsizing

Thursday, November 3, 2016


President Klaus Iohannis said Friday in the southwestern city of Targu Jiu that the local Oltenia Energy Complex (CEO) cannot avoid upgrading and downsizing, because both are needed for it to continue ...

Europe’s energy intensive industry asks for 100% EUAs exemption

Thursday, November 3, 2016

Members of Central Europe Energy Partners (CEEP) are urging 100% free EU Emission Allowances (EUAs) for energy-intensive industries, such as chemicals, fertilizers, refineries, and steel, until 2030, as well as a 100% derogation for power plants that use new technologies with a 43% energy efficiency (lignite) and 45% (coal), reveals a release to energynomics.ro. Moreover, they request the strengthening of the beneficiary Member States’ control ...

Romania will import gas in proportion of 30 percent on national level in November

Thursday, October 27, 2016

Romania will import gas in proportion of 30 percent of the overall consumption on national level in November, but the population will use only domestic production gas, according to a document regarding the gas mix structure, published on the website of the National Regulatory Authority for Energy ...

Natural gas, the main fuel in 2030 for the domestic energy production

Thursday, October 27, 2016


Natural gas might become the main fuel in 2030 for the domestic energy production, with a share of 45 percent, followed by nuclear energy with 12 percent, according to the data of Romania's Energy Strategy 2016-2030 project, presented on Tuesday by Project Coordinator Radu Dudau at a specialist conference. Therefore, the basic scenario for 2030 includes a ...

Minister Palmer: Romania will continue to invest more than 20 billion euros in reducing water pollution in the Danube Basin

Thursday, October 27, 2016

Romania has invested and will continue to invest more than 20 billion euros in reducing water pollution in the Danube Basin, with all these efforts expected to have a significant impact on marine environment quality, Romania's Minister of the Environment Cristiana Pasca Palmer told a High-Level Conference towards Enhanced Cooperation on Black Sea Fisheries and ...

Enel Romania to invest RON 36 mln for improving retail client relationship infrastructure

Thursday, October 27, 2016

Enel Energie and Enel Energie Muntenia have invested in the development of customer relations services by acquiring a package of inbound calls and back-office services, business-review.eu reports. The investment value goes to over RON 36 million and the services acquisition will be made through the Public Acquisition Electronic System. „We’re glad to offer our customers an improved experience regarding the electric energy supplier. ...

Willem Schoeber, former manager with Shell and EWE was named manager with Electrica

Thursday, October 27, 2016

The General Meeting of Electrica SA decided in the meeting of Friday the naming of Willem Jan Antoon Henri Schoeber as independent member of the Board according to a press release of the company. ‘This nomination comes as a result of the vacating of a position of member in the Board of Electrica SA after Michael Boersma gave up his quality as member starting with 1 May 2016. The duration of the mandate of the new member of the Board will be equal ...

Energy from renewable sources accounted for 4,698 MW at end-August 2016

Thursday, October 27, 2016

Installed power of energy producers from renewable sources accounted for 4,698 MW at end-August 2016, show data released by Transelectrica on Friday. Thus, there were wind farms of 2,961 MW, photovoltaic panels with a total capacity of ...

Bulgaria-Romania gas link to be operational in mid-November

Thursday, October 27, 2016

Austria's Habau, the company leading the construction of the section of the gas interconnector Bulgaria-Romania under the Danube river, said on Thursday that the project will be completed next month, seenews.com reports. "We have successfully managed to install the first pipeline and we expect that in the middle of November both pipelines will be operational," Karl Leidenfrost, Habau managing director for Romania said at the fourth annual Black Sea Oil ...

OMV Petrom global depository receipts were listed on London Stock Exchange

Thursday, October 27, 2016

OMV Petrom global depository receipts were admitted to trading on the main market for listed financial instruments of the London Stock Exchange, informs an ad on the website of the Bucharest Stock Exchange (BVB). "On October 20, 2016, following the closing ...

European Parliament’s backing of fracking outrages critics

Thursday, October 27, 2016

The European Parliament has welcomed more imports of fracked gas from the US, leading to criticism questioning the EU’s commitment to the Paris Agreement on climate change, EurActiv Germany reports. Although the EU’s gas demand is at a 20-year-low, the bloc’s falling ...

President Iohannis: Well-thought strategy in energy sector, needed

Thursday, October 20, 2016

President Klaus Iohannis on Tuesday said that a well-thought strategy is needed in the energy area, showing that in the connected industries there are dissatisfying developments as "things have entered a cone of shadow." "We must be very aware that Romania currently has a huge potential in the energy area. We have the Nuclear Power Plant, it is self-evident ...

Romania's Nuclearelectrica extends talks with China's CGN for new Cernavoda NPP units

Thursday, October 20, 2016

Nuclearelectrica [BSE:SNN], the operator of Romania's sole nuclear power plant (NPP) Cernavoda, said on Tuesday it extended negotiations with China General Nuclear Power Corporation (CGN) for the construction of reactors 3 and 4 until December 20, seenews.com reports. If an agreement is not reached by the new deadline, each party will be able to cease the memorandum of understanding relating to the project, the company said in a statement filed ...

Nuclearelectrica's Lulache says negotiations over nuclear units 3, 4 have reached finish line

Thursday, October 20, 2016

Negotiations with China's CGN over the construction of units 3 and 4 at the Cernavoda nuclear-power plant have reached the finish line, and among the unsettled aspects is the role of the Romanian Government in the project, Director General of Nuclearelectrica, Romania's national nuclear power operator, Danilea Lulache told Agerpres on Wednesday. "We are on ...

Canada's Euro Sun Mining wins new prospecting permit in Romania

Thursday, October 20, 2016

Canadian exploration and development company Euro Sun, formerly known as Carpathian Gold, said on Wednesday it has been granted a new prospecting permit in west-central Romania, seenews.com reports. The permit, issued by Romania's National Agency for Mineral Resources, ANRM, is for the Stanija area, located about 3 km east of the company's Rovina Valley existing mining perimeter. "The Stanija property covers 42 square km in the ...

Premium News


Thursday, May 25, 2017

Financial & Banking

Monday, May 22, 2017


Tuesday, May 23, 2017


Wednesday, May 24, 2017

Energy & Environment

Thursday, May 25, 2017