Industrial News
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European finance ministers backed Estonia’s bid to adopt the euro, overriding the European Central Bank’s warning that the Baltic state may struggle to keep inflation under control. “Estonia will become the 17th member of the euro area on Jan. 1, 2011,” Luxembourg Prime Minister Jean-Claude Juncker told reporters late yesterday after...
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District heating and electricity supplier Dalkia Energia's revenue fell 3% to HUF 47.6 billion in 2009, but operating profit climbed 11% to HUF 5.55 billion, the company told MTI.
Dalkia Energia sold HUF 5,438 TJ of heat energy in 2009, about the same as in 2008. Its electricity sales fell 7.5% to 886 GWh, declining at about the same rate as the economy...
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PRAGUE (CIA) – Last year Czechs threw away 1.8 mln old mobile phones. They only handed in a little more than 100,000 fixed line phones for liquidation; this is the lowest number reported in the past 15 years. This stems from data provided by REMA System, which collects and liquidates old electrical equipment. Last year people got rid...
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Poland's presidential elections are now less than three weeks away and the political games are in full swing.
On Tuesday Jarosław Kaczyński of the Law & Justice party (PiS) revealed his plans for Poland's future in the global economy.
Mr Kaczyński says it's imperative Poland join the G20 – a club of the 20 richest countries in the world –...
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PARIS/PRAGUE (CIA) - OECD estimates the growth of the Czech economy at 2% this year. The GDP growth is expected to accelerate to 3% next year. This year’s growth will be driven primarily by export and government expenditures, while private consumption and investments will dominate next year. The unemployment rate in the Czech Republic (according...
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Wednesday 11:14, May 26th, 2010
Hungarian wind-power company Pannon Szélerőmű will build a seven-turbine wind farm near Bábolna this summer, the regional newspaper 24 Óra reported on Wednesday.
Pannon Szélerőmű CEO László Hoffmann told the newspaper that the company expects to begin operation of...
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PRAGUE (CIA) – The Czech Republic is a clear leader in the usage of solar energy among the 12 new European Union member countries. Photovoltaic power plants (PVPP) with total output of 485MW were operated in the entire region at the turn of 2009 and 2010; the Czech Republic accounted for 463MW (95.5%) of the total. This stems from the Status...
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State-owned oil refiner Orlen has discovered gas underneath its own land in the Lubelskie voivodship.
Seismic tests suggest that there is enough gas to allow Poland to become gas-independent, and even to become a net exporter of the fuel.
“We have confirmed what we had assumed. We have already explored the most promising areas,” Wiesław Prugar,...
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The project will raise renewable energy production at Dalkia's cogeneration plants in Łódź and Poznań to 18%, with a green capacity of 67 MWe.
This is Dalkia's biggest biomass project to date. Starting at the end of 2011, 700,000 metric tons of biomass, 80% of it from forests, will be used in place of coal. The €70 million...
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21.05.2010 - 16:12
PRAGUE (CIA) - The first part of so far the biggest photovoltaic power plant in the Czech Republic near the village of Veprek northern of Kralupy nad Vltavou has launched its operation. The Energy Regulatory Office of the Czech Republic awarded a license to FVE Czech...
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