Almost 27% of the gas thermal units in Romania are older than ten years and should be replaced, according to the results of a survey made by E.ON. A condensing power plant can reduce natural gas consumption by up to 30%. E.ON mentions the fact that, in a context of increased volatility of the energy prices, energy efficiency measures for the reduction of consumption without affecting comfort, with the purpose of dropping the value of the energy bills, must be a preoccupation for all users. Replacing old, low-efficiency and high-consumption plants with new, energy-efficient ones is one of the most affordable solutions. A condensing power plant provides up to 30% reduction in natural gas consumption due to 108% efficiency compared to conventional power plants. The benefit for the user is the reduction of the gas consumption up to approximately 3,600 kWh per year, for an average annual consumption of almost 12,000 kWh, with an economy for the bill to almost 1,000 lei per year. The German group E.ON is one the leaders on the energy market. The companies in the group, Delgaz Grid, E.ON Energie Romania and E.ON Asist Complet develop activities of distribution, energy supply and energy solutions, namely technical ones for almost 3.4 million users. Since they entered the Romanian market, E.ON has invested over 1.9 billion euro, mainly in the modernization of the grid. At the same time, the value of the contributions to the state budget and the local budgets is 2.7 billion euro.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
