Senior Editor
Roxana Petrescu
- Fields
- Energy, Companies, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 175
Petrom Posts Stronger Results Despite Falling Fuel Demand
OMV Petrom (SNP.RO), the largest Romanian company, reported rising financial figures again though the market was characterized by shrinking fuel demand. Price hikes offset the consumption de...
After Conquering Dobrogea, Wind Farm Investors Tap Into Moldavia
Galati county has become the star of the year in terms of the number of wind energy projects that have won network connection contracts. Vaslui, Botosani and Suceava also caught the interest...
Energobit: From A Fax And $50 To EUR100M
Over 20 years, Cluj-based EnergoBit built a group with turnover of over EUR100 million, which has ended up competing on an equal footing with all major international companies on the energy...
RATB Wants To Quench Its Fuel Thirst With EUR100M
Bucharest’s public transportation corporation (RATB) is trying to secure its necessary fuel volumes for the next four years through a contract worth over EUR100 million, a company announceme...
Transelectrica Puts Off Wind Farm Connection Contracts To Accommodate Requests
National grid company Transelectrica (TEL.RO) says it has slowed down the process of signing contracts that allow “windmills” to connect to the grid because of the very high volume of reques...
Hidroelectrica 1H Profit Sinks On Lower Rainfalls
Lower rainfalls this year and rising water costs led hydro-power producer Hidroelectrica’s profit down four times in the first half of the year against the similar period of 2010.
Fondul Proprietatea Sheds Light On Hidroelectrica’s Secret Contracts
Hidroelectrica’s energy contracts for 2010 show the company has walked away from over EUR90 million because it preferred to sell electricity directly, instead of using the energy exchange.
How Money Invested In Building A Wind Farm Is Spent
Electrica, the largest state-owned energy supply and distribution company, which will also become an energy producer next year, says it had to revise its investment plans for a wind power fa...
Petrom And ExxonMobil Bet Over EUR100M On Black Sea Bed
Romania's dominant oil and gas company Petrom and US giant ExxonMobil, the world’s largest oil company, are taking up the costliest bet ever made on Romania’s underground reserves: seeking h...
Gazprom Set Sights On Rompetrol Gas Stations; Kazakh Owners Say They Get Such Offers All The Time
Gazprom, through its Serbian subsidiary NIS, submitted a takeover bid to Rompetrol for all its Romanian filling stations two months ago. The Kazakh owners of Rompetrol rejected it, but the p...
Twice As Much Green Energy Produced In H1 Than In Entire 2010
The amount of wind energy produced in the first six months of this year was double the amount of 2010 as a whole. Producers of green energy therefore gained more in the first six months of 2...
Hidroelectrica Borrows EUR110 Million From EBRD To Upgrade Stejaru Bicaz Plant
Hidroelectrica, Romania’s largest energy producer, took a EUR110-million loan from the European Bank for Reconstruction and Development (EBRD) for the rehabilitation of the Stejaru Bicaz pow...