Investments in Romania’s electricity networks reach EUR 2.2 bln in 7 years
, NewsThe investments in the electricity transport and distribution networks in Romania amounted to EUR 2.2 billion between 2008 and 2014, according to the Federation of Energy Utility Companies Associations (ACUE).
The ACUE member companies also invested EUR 430 million between 2008 and 2013 in expanding and improving the gas distribution networks.
The gas and electricity companies have invested in Romania EUR 8.7 billion since their privatization, and have investment plans of about EUR 600 million. The local network needs significant additional investments to reach a level comparable to the European networks.
The ACUE has 27 members, including E.ON Romania, GDF SUEZ Energy Romania, Distrigaz Sud Retele, and ENEL Romania. These companies have more than 30,000 employees and an annual turnover of over EUR 5.4 billion.
source: romania-insider.com
LATEST NEWS
- March 8, 2023 Calcium Carbonate Industry, Reshaping the Market Growth, Serbian supplier to match European industrial demand
- March 20, 2023 Europe, Mining of key minerals without environmental pollution
- March 14, 2023 Activists call on EU to better protect nature from energy infrastructure in the Western Balkans
- March 12, 2023 Europe could be hit by similar protests against lithium mining as Serbia
