Energy
US Trade and Development Agency Awards $14M Grant to Romania’s RoPower
U.S. Trade and Development Agency (USTDA) has awarded a grant of $14 million to RoPower Nuclear SA (RoPower), the project company for the development of the small modular reactors recently e...
Petrom Triples Sales to RON44B in Jan-Sept 2022; Net Profit Climbs 5 Times to RON9.2B
OMV Petrom (SNP.RO), the biggest company listed on the Bucharest Stock Exchange, reported record high financial results for the first nine months of 2022 amid rising fuel prices and higher e...
Romgaz Sells RON1.7B Worth of Gas to Engie
Romgaz (SNG.RO), a natural gas and electricity producer held by the Romanian government via the Energy Ministry, on October 27 announced conclusion of three deals with Engie Romania, Electro...
Distributie Energie Electrica Romania Likely to Get RON240M Injection from EBRD
The European Bank for Reconstruction and Development (EBRD) is exploring a RON240 million loan for Distributie Energie Electrica Romania (DEER) company, part of Electrica group.
Fuel Wholesaler Artoil Revenue Up 62% to EUR110M in H1
Timisoara-based fuel wholesaler Artoil, held by Alexandra and Alex Bunceanu, posted about EUR110 million revenue in the first half, an increase of almost 62% on the year-ago period, ZF has c...
Restart Energy To Install Photovoltaic Generators For TED Agro And TED Farm
Restart Energy, one of the largest independent electricity suppliers in Romania, recently signed a contract with TED Agro and TED Farm for the installation of 230 kWp photovoltaic generators...
Nuclearelectrica Makes RON73.1M Term Deposit With Eximbank
Nuclear power producer Nuclearelectrica (SNN.RO) placed with Romania’s import-export bank Eximbank a term deposit without extension in the amount of RON73.1 million, the company informed its...
ALRO Group Welcomes Government’s Decision To Adopt Measure To Compensate Indirect Emissions Costs Embedded In Energy Price
ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, welcomes the adoption of the Emergency Ordinance on compensating the indirect e...
Nuclearelectrica Benefits From The Issuer Market Maker Services Provided By BRK Financial Group
Romania's nuclear power producer Nuclearelectrica (SNN.RO), listed on the Bucharest Stick Exchange since 2013, will benefit from the issuer's market-making services provided by BRK Financial...