Energy
Romgaz Extends Mandates Of Company's CEO, Deputy CEO And CFO For Two More Months
The Board of Directors of natural gas producer Romgaz’s (SNG.RO) convened on Thursday (March 23, 2023) and approved the extension of Razvan Popescu’s mandate as Chief Executive Officer (CEO)...
IULIUS Group Installed Photovoltaic Panels On All Its Properties, Expects To Produce 5,500 MWh Annually
IULIUS Group has installed photovoltaic panels on all properties in its portfolio and expects a production of 5,500 MWh annually, following an investment of over EUR3.5 million.
Rompetrol Well Services Plans to Pay Dividends with 1.5% Yield
Rompetrol Well Services (PTR.RO), the oil services division of Rompetrol, has called shareholders for April 26, 2023 to vote, among others, on a gross dividend of RON0.008805 per share, whic...
KREIF Continues Commissioning Works For Cogeneration Plant On Petromidia Platform
The Kazakh-Romanian Energy Investment Fund (KREIF), controlled by KMG International and the Romanian State, has made progress in commissioning the cogeneration plant on the Petromidia platfo...
Electrica Group Concludes RON180M Loan Agreement With European Bank for Reconstruction and Development
The Electrica Group, through its subsidiary Distributie Energie Electrica Romania SA (DEER), has concluded a loan agreement with the European Bank for Reconstruction and Development (EBRD).
Insolvent CET Arad Sold To Swiss Company AOT Energy
Insolvent thermal power plant CET Arad was acquired by AOT Energy headquartered in Switzerland, according to online publication Special Arad.
Nuclearelectrica Signs MoU With Emirates Nuclear Energy Corporation For Cooperation On Nuclear Energy Development
Nuclear power producer Nuclearelectrica (SNN.RO) and the Emirates Nuclear Energy Corporation (ENEC) have signed a Memorandum of Understanding (MoU) for bilateral cooperation within the nucle...
Alaska Energies Leases over 8,000-Sqms in VGP Park Bucuresti Nord
Alaska Energies, a company active on the renewable energy market founded in the Czech Republic, has leased more than 8,000 square meters of logistic spaces in VGP Park Bucuresti Nord to the...
OMV Petrom Budgets 28% Decline in Revenue in 2023
OMV Petrom (SNP.RO), the largest company in Romania, has budgeted RON40 billion revenue from sales in 2022, compared with RON55 billion in 2022 and the net profit should reach RON3.9 billion...