electricity

Economy

Aluminum production and other strategic areas will be supported by the delivery of electricity from state-owned companies

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By Jerom Bolt The untimely increase in the price of electricity puts in difficulty not only the budgets of household consumers but also those of large industrial producers. One of them, ALRO Slatina (one of the largest producers in Europe)...
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Economy

Macquarie Infrastructure and Real Assets (“MIRA”) took over the assets of CEZ Romania, including the largest onshore wind farm in Europa

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By Edwig Ban CEZ Group has approved the sale of its assets in Romania to funds managed by Macquarie Infrastructure and Real Assets ("MIRA"), the company said in a press release. According to CEZ Group, the assets consist of seven companies,...
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Economy

Romanian group Electrica enters the renewable energy market

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By Jerom Bolt The Electrica Group enters the market for the production of electricity from renewable sources with the acquisition of the Stăneşti Photovoltaic Park, with an installed capacity of 7.5 MW. ”Electrica Furnizare S.A., part of the Electrica Group, announces...
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Economy

The electricity generation capacity is officially almost 21,000 MW

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By Edwig Ban Romania had, officially, on June 19, electricity production capacities with a total installed capacity of 20,654 MW, according to the data of the National Energy Regulatory Authority (ANRE). The official statistics were introduced on the ANRE website, which...
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Economy

Romania joins XBID, the largest intraday electricity market in Europe

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By Emea Riga Europe's largest intraday electricity market (XBID) will add seven new states to its current 14-member network by the end of this year. In the first year of operation, XBID executed over 16 million transactions, the Epex Spot...
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Tech & Innovation0

SeedBlink acquires Symbid, one of the world’s first investment crowdfunding platforms, in a European consolidation move

By rbj Speedlink, the European co-investment platform in tech startups, has announced it has completed the acquisition of Symbid, one...
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Business

Biofarm: innovation ambassador, during the first six months of the year, the Romanian company focused on launching new products in the CHC segment dedicated...

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By rbj Biofarm (stock symbol BIO), one of the most important drug manufacturers in Romania, reports significant increases in the first half of the year...
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Event & Opinion

The Romanian firefighters are present in France to support the French forces who are fighting the climacteric flames

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By rbj Two C-17 Globemaster III aircraft from the Multinational Strategic Transport Unit and a C-27J Spartan aircraft of the Romanian Air Force performed, on...
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Economy

ROCA Industry announces that its subsidiary Bico Industries will take over the majority stake in the Lithuanian company SmartTech AG

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By rbj ROCA Industry, the holding company that brings together the construction materials companies in the ROCA Investments portfolio, announces that its subsidiary Bico Industries...
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Issue of the Day

Hungarians fear inflation, but also global recession. The opinion of the Central Bank of Budapest. Viktor Orban’s government expects inflation of 20% in 2022

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By rbj Inflation could accelerate to around 20 percent in the coming months, said Barnabás Virág, vice president of Bank Magyar Nemzeti. According to the...
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Constantin Radut
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