Energy
Electrica Extends Mandate Of Cristian Bosoanca As Executive Board Chairman Until Dec 31, 2023
The Board of Directors of Romanian state-owned energy utility group Electrica (EL.RO) has extended the mandate of Cristian Bosoanca as Chairman of the Board starting January 1, 2023 until De...
Fondul Proprietatea Sells Its Last 2.8% in OMV Petrom for RON764M
Fondul Proprietatea (FP.RO) sold its 2.8% in OMV Petrom (SNP.RO) in an about RON764 million transaction or RON0.43 per share, thus exiting the shareholder structure of the largest company on...
Romania's Power Output Drops 4.5% YoY In Jan-Oct 2022
Romania's electricity production decreased by 4.5% year-over-year in January-October 2022, the country's statistical office INS said on Wednesday (Dec 14).
Fondul Proprietatea Seeks to Sell Its 3% in OMV Petrom Fast
Franklin Templeton International, the manager of Fondul Proprietatea (FP.RO), announced the start of an accelerated bookbuilding offering of its entire stake in OMV Petrom (SNP.RO), Romania’...
OMV Petrom and Romgaz File Commercial Discovery Statement for Neptun Deep Block
OMV Petrom and Romgaz submitted the statement of commercial discovery for the Neptun Deep block with Romania’s national agency for mineral resources ANRM, market sources said. The statement...
Green Genius Signs First Solar Power Development Contract in Romania
Green Genius, one of the main European renewable energy developers, part of Lithuania’s Modus Group, has signed the first solar power development contract in Romania, a EUR8 million project...
Enel X Romania To Build Solar Park For Antibiotice Iasi
Enel X Romania, part of Enel X Global Retail, the advanced energy services division of Italy’s Enel Group, will build a photovoltaic (PV) park with a total installed capacity of 2.5 MW for R...
Nuclearelectrica Reconnects Cernavoda Unit 1 To National Power Grid
Romania's nuclear power producer Nuclearelectrica (SNN.RO) said in a stock market report on Monday (Dec 12) that Unit 1 was reconnected to the national power grid on the evening of December...
Electrica Group Joins Shareholding Structure Of Central Counterparty
Electricity distributor and supplier Electrica (EL.RO) announced in a stock market report on Friday (Dec 9) that it entered the shareholding structure of the Central Counterparty (CCP.RO).