Energy
Transelectrica Unveils Supervisory Board Structure After Its Seven Members Accept Mandates
Transelectrica (TEL.RO), the operator of the national energy transmission system, announced in a stock market report the structure of the Supervisory Board after its seven provisional member...
E-Distributie Invested RON106M In 2022 In Modernizing High Voltage Electricity Grids And Transformer Stations
E-Distributie companies, the electricity distribution operators within the Enel Group, in 2022 invested approximately RON106 million from own funds in high voltage projects in Bucharest, Ilf...
Conpet Ends 2022 with 25% Growth in Profit
Conpet Ploiesti (COTE.RO), a state-run crude oil transporter, ended 2022 with RON64.7 million net profit, up 24.6% compared with 2021, while revenue stood at RON472.2 million, 14.4% higher,...
Electrica Extends Interim CEO Mandate of Alexandru Chirita
Electricity supplier and distributor Electrica (EL.RO) on Monday notified the Bucharest Stock Exchange of having decided to extend the duration of the mandate of Alexandru-Aurelian Chirita a...
CTP And Enel X Romania Install 1.5 MW Photovoltaic Power Plant At CTPark Bucharest Industrial Park
CTP, the largest owner and developer of industrial and logistics space in Romania, continues its investments in green energy by installing a 1.5 MW photovoltaic power plant at the CTPark Buc...
Photon Energy Commissions Its First Romanian Photovoltaic Power Plant
Dutch renewable energy group Photon Energy has announced that Photon Energy Engineering – the Group’s Romanian subsidiary dedicated to engineering, procurement, and construction (EPC) servic...
OMV Petrom Extends Christina Verchere's CEO Mandate Until April 16, 2027.
The Supervisory Board of OMV Petrom decided in its meeting of Feb 23 to extend the mandate of the company's Chief Executive Officer (CEO), Christina Verchere, by four more years, until April...
Liberty Galati To Restart Blast Furnace No. 5 In Mid-March
Liberty Galati announced on Tuesday (Feb 21) that it would restart Blast Furnace No. 5 in mid-March 2023 against the backdrop of market recovery in Europe supported by improvements in input...
Allianz Trade: Europe’s Energy Shock Does Not Mean De-industrialization
In 2022, increases in corporate utility bills were contained, due to government interventions and the long pass-through from wholesale energy prices to retail contracts, which are for the mo...