energyobserver

information on the energy sector

FINANCIAL TIMES: ROMANIA SHOCKS INVESTORS WITH BANK AND ENERGY TAX PLANS / ENERGYNOMICS.RO

Romania’s government announced a swath of corporate taxes as part of a plan to raise 10 billion lei (€2.1bn) to address a budget deficit, sending the country’s stock market plummeting.

23.12.2018 · ROMANIA

TERAPLAST AND E.ON ENERGIE ROMANIA SIGN A 1.9 MILLION EURO AGREEMENT FOR ENERGY EFFICIENCY SOLUTIONS / ENERGYNOMICS.RO

E.ON Energie Romania will build a photovoltaic power plant in TeraPlast Industrial Park, part of a strategic partnership estimated at 1.9 million euros.

23.12.2018 · ROMANIA

ROMANIAN COMPANY DEDEMAN BOUGHT 23% OF ALRO SLATINA / ENERGYNOMICS.RO

Romanian company Dedeman, owned by the Pavăl brothers, bought 23.26% of ALRO, through Pavăl Holding, in a private placement initiated by majority shareholders. In addition, two executive managers of ALRO, the Chairman of the Board of Directors – Marian Năstase and the Financial Director – Genoveva Năstase, bought 600,000 shares in the private transaction, paying 1.8 million lei.

23.12.2018 · ROMANIA

ABB ANNOUNCES CHANGES IN BUSINESS MODEL / ENERGYNOMICS.RO

ABB has announced major changes to its business model. First, Hitachi will acquire ABB’s Power Grids business, an expansion of its existing partnership with Hitachi. The agreed price represents a transaction Enterprise Value of $11 billion for 100 percent of Power Grids, the equivalent to an EV/op. EBITA multiple of 11.2x 1 , before share of corporate cost. ABB will initially realize a levered consideration of ~$9.1 billion from the sale of 80.1 percent of Power Grids, including pre-sale net leverage (intercompany loan net of cash transferred), before one-time transaction and separation related costs as well as cash tax impacts, writes a press release sent to energynomics.ro.

23.12.2018 · ABB / ROMANIA

CLUJ-NAPOCA CITY HALL TO DECIDE ON THURSDAY TO ALLOCATE 7.7 MILLION LEI FOR 36 NEW E-CHARGING STATIONS / ENERGYNOMICS.RO

The Cluj-Napoca Local Council meeting on Wednesday, December 19, will discuss a draft decision on the building 36 new e-car charging stations. According to Ziua de Cluj, the planned investment amounts to 7.7 million lei. At the beginning of November, two e-car charging stations were inaugurated, located in the city hall’s parking lot, and in the parking lot at St. Michael’s Church. The local councilors decided that charging is free of charge; the costs are borne by the local budget and are part of the City Hall’s plan to encourage the purchase of clean vehicles.

23.12.2018 · ROMANIA

THE DIGITALISATION – ROMANIA’S POSSIBLE ECONOMIC GROWTH VECTOR / ENERGYNOMICS.RO

It is well known that the evolution of digital technologies, in combination with other key generic technologies, leads to a change in the way we design, produce and market related products and services, and the way in which their value is generated. Technological advances – such as the Internet of Things (IoT), 5G technology, cloud computing, data analysis and robotics – transform products, processes and business models from all sectors, ultimately creating new industrial patterns as chains global values are changing.

23.12.2018 · ROMANIA

DISTRIBUTION TARIFFS FOR ELECTRICITY WILL INCREASE BY 0.74% IN 2019 / ENERGYNOMICS.RO

The National Regulatory Authority for Energy – ANRE has approved the tariffs for electricity distribution service for 2019 with a national average increase of 0.74%. ANRE calculated that the impact on the household consumer with average consumption (100 kWh/month) will be about 3.5 lei per year.

23.12.2018 · ROMANIA

WORLD BANK CALLS ON POLAND TO SCALE UP RENEWABLE ENERGY SOURCES / ENERGYNOMICS.RO

Scaling up renewable energy sources in Poland would benefit the economy, improve people’s health, and reduce serious environmental problems – including the worst air pollution among cities in Europe – says a new World Bank report, Poland Energy Transition: The Path to Sustainability in the Electricity and Heating Sector.

23.12.2018 · POLAND

TURKISH FM CALLS ISRAELI PM 'COLD-BLOODED KILLER OF MODERN TIMES'

Turkish Foreign Minister Mevlut Cavusoglu   By Meryem Goktas 

23.12.2018 · TURKEY

IRAQ, KUWAIT TO ASSESS OIL RESERVES ON BORDER AREAS

Iraq and Kuwait agreed to work with a global consulting company to evaluate potential oil reserves on the border areas, Iraq's Oil Minister Thamir Ghadhban said Sunday.

23.12.2018 · KUWAIT

Pages:

Popula Tags:

SERBIA ALEKSANDAR VUČIĆ PUTIN TRUMP SOLAR ENERGY WINDMILLS BOSNIA AND HERZEGOVINA EUROAKTIV CINS KRIK

EPS

WISESEE

Green

Serbio

ASOR

WISESEE