Romanian property restitution fund Fondul Proprietatea sold its 11.99% stake in energy distributor Engie Romania to the majority shareholder, GDF International, for 432.6 million lei (87…
Simtel, a local engineering and technology company listed on the Bucharest Stock Exchange’s AeRO market and Romanian leader in renewable energy, has completed the largest solar…
President of the National Energy Regulatory Authority (ANRE) George Niculescu said that fees for electricity distribution operators will increase in 2024 by 3.3% and for electricity…
E.On’s subsidiary Delgaz Grid, which operates electricity and natural gas distribution networks serving over 3 million households in north-east Romania, contracted a 3 billion RON (600…
The Australian investment fund Macquarie Asset Management is reportedly seeking to sell the electricity and natural gas supply company in southern Romania, which it purchased from…
Retele Electrice Muntenia, part of PPC Group (previously named E-Distributie Muntenia), is the new name of the company that manages the electricity distribution grids in Bucharest…