Series of records for the capital market in Romania after the Hidroelectrica IPO and crossing the threshold of 150,000 investors at BVB
23.08.2023
The capital market in Romania is going through one of the best periods...
Simtel installed 1 of 3 photovoltaic panels of prosumer legal entities in Romania
Text and photo source: Cornerstone Communications
Simtel Team (BVB: SMTL), a Romanian engineering and technology company listed on the AeRO market of the...
Customized insurance solutions for renewable energy: Aon, UNIQA and Network One Distribution collaborate to promote green energy adoption
Text and photos source: June Communications
Aon Romania, one of the leading insurance brokerage and risk management consulting...
Putin fails again as Europe’s gas storage hits 90 percent, article published in politico.eu BY GABRIEL GAVIN
The EU has met its gas storage targets more than three months ahead of schedule. But that might not...
North Sea yields more oil & gas, as Equinor makes new discovery
Norwegian state-owned energy giant Equinor has made a new oil and gas discovery near the Fram field in the North Sea off Norway, using an Odfjell...
Event in Eastern Europe, Romania enacted the law on the integration of hydrogen from renewable sources in the field of industry and transport
According to the new legislative changes in the field...
ROMGAZ GROUP published the Board Of Directors’ Report for 1ST Half Year 2023
ROMGAZ GROUP published the Board of Directors’ Report for 1ST Half Year 2023. Romgaz Group keeps high operational and financial performances in...
Hidroelectica reported a 46% increase in net profit to 3.9 billion lei in the first half of the year!
Nine O’Clock exclusive!
Excellent performance for Hidroelectrica in the first 6 months of 2023
Today, August 16, 2023,...
OMV successfully completes Turnaround in the Schwechat Refinery
OMV successfully completes Turnaround in the Schwechat Refinery
Vienna, August 16, 2023
• Petrochemicals unit of OMV Schwechat Refinery subjected to routine safety inspections and periodic maintenance since June
•...
The Minister of Energy, Sebastian Burduja: Romania to build 7 GW of renewable energy
The Minister of Energy, Sebastian Burduja, announced that Romania has an ambitious investment plan until 2030, mainly 7 GW of energy...
The Distribuție Oltenia User Care Centers will not be open to the public on the 14th and 15th of August 2023 and will resume their activity on the 16th August 2023
The operator Distribuție Oltenia...
E.ON embarks on a new chapter moving in Record Park’s premier office space
E.ON Business Services Cluj, one of the largest employers and most active players in the business support services field in Cluj-Napoca, will...
Purcari Wineries continues its investments in Photovoltaic Systems
Purcari Wineries Public Company Limited (hereinafter “the Group, “the Company”) continues its efforts in sustainability by extending its Photovoltaic System located at Purcari Winery and installing a...
CMS advises on two strategic investments in the Romanian renewable sector
International law firm CMS has advised HELLENiQ Energy Holdings on the acquisition of a 211 MW portfolio of four solar projects developed in Romania...
KMG International (Rompetrol) has joined the Diversity Charter
The KMG International (Rompetrol) Group has joined the Diversity Charter, following the signing of the declaration by which the member companies undertake to promote and develop organizational...
KMG International (Rompetrol) launched a new training program for students and graduates in the technical field who want a career in the energy industry
Training program with 100 Trainees, in Rompetrol companies
KMG International (Rompetrol) launched...
Anamaria Marin, Head of Marketing B2C, Enel X Romania: “People who want to install photovoltaic panel systems on the roof or on the ground, in order to ensure the production of electricity for their...
How to become a prosumer in Romania, by Enel X Romania
“People who want to install photovoltaic panel systems on the roof or on the ground, in order to ensure the production of electricity for...
ROMGAZ Conference Call – H1 2023 Financial Results August 16, 2023, 13:00 (Romania Time)
Source: https://www.romgaz.ro/
he participation to ROMGAZ Conference Call will be done through Webex Meetings platform. Below, you will find information on how...
Development Plan for the Domino and Pelican South gas fields in the Neptun Deep block receives endorsement by the regulator
Christina Verchere, CEO OMV Petrom: „With the confirmation of the Development Plan, Neptun Deep project moves...
OMV Petrom has signed the main contract for Neptun Deep infrastructure development, the largest natural gas project in the Romanian Black Sea
Christina Verchere, CEO OMV Petrom: „With the signing of this contract, we are taking...
Regarding the Investment Objective: Development of Iernut Power Plant by Building a New Combined Cycle Gas Turbine Power Plant
Text and photo source: Romgaz
• On August 1, 2023, the Order to start work on the...
Electrica BRK Financial Group and Roca Industry are the three companies selected for the Investor Relations and Liquidity Support Programme
Text and photo source: BVB
Electrica, BRK Financial Group, and Roca Industry were selected for the...
The Doicești-Șotânga 80 MW photovoltaic park has been commissioned. The investment is part of the Doicești Energy Complex, which will include the SMR Power Plant and the Doicești Photovoltaic Park
Nine O’Clock exclusive!
The new Doicești...
THE MINISTRY OF ENERGY AND E-DISTRIBUTIE DOBROGEA SIGNED A FINANCING CONTRACT THROUGH THE MODERNIZATION FUND, IN A TOTAL VALUE OF 47.71 MILLION LEI, FOR THE DEVELOPMENT AND MODERNIZATION OF THE GRID IN NĂVODARI.
Nine O’Clock...
European Energy Explores the Construction of Green Hydrogen and E-Methanol Plants in Romania
Text and photo source: European Energy
The Danish company European Energy will complete, in 2023, the construction of the world’s largest e-methanol and...
Exim Banca Românească issues state guarantees for renewable energy projects
Text and photo source: Exim Banca Romaneasca
Exim Banca Românească launched a new guarantee product in the name and on behalf of the Romanian state that...
Enel Green Power ROMÂNIA COMMISSIONED ITS LARGEST PHOTOVOLTAIC PARK, WITH AN INSTALLED CAPACITY OF 63 MW, IN CĂLUGĂRENI, GIURGIU COUNTY
Text and photos source: Enel
Enel Green Power România has reached a capacity of approximately 100...
Rezolv Energy acquires rights to develop Bulgaria’s largest solar plant, right on the Romanian border
Text and photo source: Point PA
The 165-hectare, 229 MW installed capacity plant will be situated in Silistra Municipality in north-eastern...
CBRE Study: Industrial & Logistics spaces, crucial in solar energy production, as rooftop PV will generate more than half of it by 2030
Text and photos source: CBRE Group
Industrial & logistics spaces will play a...
E-DISTRIBUTIE INTENSIFIES ITS ACTIVITY IN THE FIELD, FOLLOWING THE INCREASE IN ENERGY CONSUMPTION AND HEAT WEATHER WARNINGS
Text and photo source: E-Distributie
Very high temperatures recorded throughout the country in recent days have led to...
Eurowind Energy starts construction of Pecineaga 48 MW wind farm
Text and photo source: Publicis Groupe
The wind farm will generate approximately 176,000 MWh annually, with the capacity to supply electricity to 48,000 households each year.
The...
The Ministry of Energy has put in public debate the draft law on Offshore Wind Energy Exploitation
Nine O’Clock exclusive!
Today, July 18. 2023, the Ministry of Energy has put in public debate the draft law...
Nuclearelectrica signs a Memorandum of Understanding with Energocom to develop long-term cooperation between the parties in the energy sector and to achieve common strategic objectives
Nuclearelectrica and Energocom, the energy supplier of Republic of Moldova,...
Financing contracts signed for four photovoltaic parks to be developed by OMV Petrom and CE Oltenia
OMV Petrom and Complexul Energetic (CE) Oltenia will build four photovoltaic parks with a cumulated capacity of ~450 MW
OMV Petrom,...
Breaking News: Renewable energy and energy efficiency: Commission urges Romania, Hungary and Croatia to report on 2020 targets
The Commission urges Romania, Hungary and Croatia to report on the achievement of the 2020 targets.
Today, 14...
Breaking News: Hidroelectrica enters FTSE Emerging Markets and MSCI Frontier Markets indices and strengthens Romania s presence on international investors radars
Hidroelectrica is the first Romanian company to benefit from the fast entry mechanisms of...
E-DISTRIBUȚIE MUNTENIA LAUNCHED A PROCUREMENT PROCEDURE FOR CONCRETE PILLARS WORTH 21 MILLION LEI
E-Distribuție Muntenia, the electricity distribution operator in Bucharest and in Ilfov and Giurgiu counties, part of the Enel Group, has launched, through...
The ProCredit Group inaugurated its photovoltaic park – ProEnergy, with a value of approximately EUR 2.5 million
The expected annual output of the 3 MWp solar park is 3,711 MWh, which will be able to...
Good news for Hidroelectrica SA, the Bucharest Stock Exchange posted on its Linkedin page
Good news for Hidroelectrica SA, the leader in electricity production in Romania that successfully debuted today on the Bucharest Stock Exchange, following...
Bogdan Badea, President of the Board of Directors Hidroelectrica, said: “Today we celebrate a decisive moment in the history of Hidroelectrica – the listing of the company on the Bucharest Stock Exchange
Bogdan Badea, President...
Johan Meyer, CEO Franklin Templeton Romania & Portfolio Manager of Fondul Proprietatea, said: “The scale and resounding success of the Hidroelectrica listing is a great outcome for the many years of preparation, hard work,...
Adrian Tanase, CEO of the Bucharest Stock Exchange, stated: “Hidroelectrica’s listing is a benchmark for the capital market in Romania and we congratulate the company’s shareholders and the intermediary consortium for achieving the largest IPO...
Radu Hanga, President of the Board of Directors of the Bucharest Stock Exchange, stated: “We congratulate Hidroelectrica and the company’s shareholders for the success of the largest IPO in the history of the Romanian capital...
Hidroelectrica debuts trading following a jumbo IPO worth EUR 1.9 billion the largest ever from the Bucharest Stock Exchange
The Initial Public Offering (IPO) unfolded on the Bucharest Stock Exchange (BVB) through which Fondul Proprietatea...
SOCIETATEA DE PRODUCERE A ENERGIEI ELECTRICE IN HIDROCENTRALE “HIDROELECTRICA” S.A. Announces Admission to Trading and First Day of Dealings
SOCIETATEA DE PRODUCERE A ENERGIEI ELECTRICE IN HIDROCENTRALE “HIDROELECTRICA” S.A. (“Hidroelectrica” or the “Company”), Romania’s leading...
tbi bank and DbSolar partner up for a greener future
Solar energy is a key pillar in any strategy aimed at achieving green energy across the European Union. Many Romanians have chosen in the last...
Dentons advises Hidroelectrica on €1.9 billion initial public offering
Cameron Half, London-based US securities and capital markets partner, who co-led the Dentons team, said: “We are very pleased to have worked with Hidroelectrica on this...
Mădălina Rachieru-Postolache, head of the Bucharest Capital Markets practice, says: “The extraordinary enthusiasm for the listing of Hidroelectrica that we have witnessed these days confirms the state of anticipation accumulated since the previous attempt...
OMV secures additional gas transport capacities until 2028
OMV secures additional gas transport capacities until 2028
Vienna, July 5, 2023
OMV secured additional European gas transport capacities to Austria.
In this year’s annual auction, OMV was awarded capacities...
Pricing and allocation of the initial public offering of S.P.E.E.H.
Hidroelectrica S.A. (“Hidroelectrica”)
Franklin Templeton International Services S.À R.L. (“FTIS”), in its capacity of alternative investment fund manager and sole director of Fondul Proprietatea S.A. (the...
DSPE to invest EUR 75 million in RoPower to develop the Doicesti SMR Power Plant in Romania
Nuclearelectrica welcomes the financing support of DS Private Equity immediately after the announcement at the G7 by the...
E.ON Study: More than 50% of Romanians who live at home are interested in purchasing a photovoltaic system this year from an energy supplier
28% of Romanians know that they can purchase a PV system...
Adhoc report – Involuntary manslaughter case – Ploiesti Court of Appeal final decision (appeal)
Adhoc report in compliance with Law no. 24/2017 on issuers of financial instruments and market operations and Financial Supervisory Authority Regulation...
OMV Petrom signed an agreement for the purchase of several photovoltaic parks in Romania
Franck Neel, member of the OMV Petrom Executive Board, responsible for the Gas and Power activity: „This purchase supports the achievement of...
PPC will complete the acquisition of Enel Romania in September and will become the largest energy player in Southeast Europe. The transaction will increase the number of PPC customers by 57%
Annual General Meeting of...
Nuclearelectrica and Korea Hydro & Nuclear Power (KHNP) sign a Memorandum of Understanding (MoU) for cooperation in the field of nuclear fuel
S.N. Nuclearelectrica (SNN) and Korea Hydro & Nuclear Power (KHNP) signed on June...
ROENEF: To achieve our climate objectives, Romania’s energy renovation rate should triple
The construction sector plays a central role in achieving the climate and energy objectives set by the EU EPBD Directive, approved by the...
Over a million bearings: Schaeffler Wind Power Standard ensures maximum reliability in wind turbines
Over a million wind turbine bearings have already been manufactured and delivered in accordance with the Wind Power Standard
Highest quality standards...
Nuclearelectrica, NuScale Power, E-INFRA, Nova Power & Gas, Fluor Enterprises and Samsung C&T Corporation sign a Memorandum of Understanding to collaborate in the deployment of NuScale VOYGR™ Power Plants in Central and Eastern Europe...
Rottaprint’s business, 15% growth in the first half of the year
Rottaprint, the largest local flexographic printing company producing self-adhesive labels and flexible packaging in Romania, grew by more than 15% in the first 5...
Nestlé Professional enriches the premium coffee experience with a range of solutions from the “We Proudly Serve Starbucks®” Coffee Program
Nestlé Professional, Nestlé’s out-of-home expert offers customized coffee-based hot and cold beverage and culinary solutions...
Dr. Leahu Dental Clinics joins the REGINA MARIA Network as part of the biggest takeover in the private medical sector in 2023
“12 years ago, I set out to completely change the oral medicine sector...
ENEL INCLUDED ONCE AGAIN AMONG WORLD SUSTAINABILITY LEADERS IN FTSE4GOOD AND VIGEO-EIRIS 120 INDICES
The company reaffirmed its position in the mid-year reviews of the FTSE4Good Index Series and the Euronext Vigeo-Eiris indices at...
ANALYSIS Limitless Agency: More than half of Romania’s population will use online commerce by 2025, with the e-commerce market reaching 10 billion euros
Romania’s ecommerce market is becoming stronger in South-East Europe, growing faster than...
Analysis: How you can reduce the costs of charging an electric car
The market of electric and plug-in hybrid cars in Romania has accelerated growth thanks to the incentives granted through the Rabla Plus Program...
RE/MAX has reached 70 national franchises and is aiming for an accelerated growth strategy in 2023
15 new offices have joined the network in recent months
RE/MAX Romania, part of the world leader in real estate...
Colliers: Romanian real estate investment market closed the first quarter in 2023 with transactions worth 120 million euro, almost 10% of the CEE-6 volume
The first quarter of 2023 closed with a total value of...
Signing of the Support Agreement between the Romanian State and Nuclearelectrica for the development of the National Strategic Project Units 3 and 4 Cernavoda NPP
Today, 9 June 2023, the Support Agreement was signed between...
North Bucharest Investments Report: Pipera – The neighborhood with the highest number of premium and luxury residential complexes
The Pipera area in Northern Bucharest represents one of the biggest attractions for young families and those...