Romanian MEP Victor Negrescu has been appointed the European Parliament's general rapporteur for the budget of the European Union for 2025.
"It is proof of my colleagues' trust in me after I managed the budgetary issues on behalf of the Social Democratic group for the last three years," he said in a post on social media.
This week, Negrescu presented in Brussels the European Parliament's priorities for next year's European budget. He said the goal is not to cut the funds allocated...
Romania's state-controlled hydropower group Hidroelectrica (BVB: H2O), in a Q1 operational update published on April 29, announced that its gross electricity output plunged by 38% y/y to 2.735 GWh in the first three months of the year. The note was published after the trading session, where the company's shares rose by 1.25%. On the same […]
The Romanian subsidiary of the French utility group Engie announced that it completed the acquisition of a 54 MW ready-to-build wind project in Mereni, Constanța County, on April 29. The project, located in a region known for strong wind resources, comes with all necessary permits, allowing construction to begin later this year. Commissioning is expected […]
An engineering consortium led by Romanian group Enevo announced that it has delivered to Danish Eurowind a positioning solar park with a capacity of 69 MW in Teius, Alba County (central Romania) under a EUR 24.3 million engineering, procurement, and construction contract that also included a 110/20 kV station and an 80 MVA transformer. The […]
The yields paid by Romania’s Treasury on the bonds sold to households under the Fidelis issue (bonds not listed at the Bucharest Exchange but with a put option) increased again in the May issue after they had declined for two consecutive months in March and April from a peak level reached in February. The Treasury […]
Interim president Ilie Bolojan emphasized connectivity and energy as Romania’s main priorities during his statement at the end of the Three Seas Initiative Summit, held this week in Warsaw, Poland. Speaking to the press, the Romanian leader highlighted the progress made over the past decade to bridge the development gap between Central and Eastern Europe […]
The company ended 2024 with €27.5 million in revenue and projects a further 15% growth in 2025. Major investments planned for the coming years, focusing on enhanced customer experience through automation, digitalization, portfolio expansion, international growth, and sustainability. From Romania to Western Europe: local production, international expansion. METIGLA,...
