Energy
Rompetrol: Start Of “Career Ready” Internship Program
KMG International (Rompetrol) is launching the 22nd edition of the “Career Ready” program, in which 80 students and recent graduates will take part, selected following a complex recruitment...
Romgaz Completes Transaction With ExxonMobil
Romanian natural gas producer and supplier Romgaz (SNG.RO) on Monday (Aug 1) announced the completion of the acquisition transaction and the transfer of all shares representing 100% of the s...
Romgaz Makes RON70M Term Deposit With CEC Bank
Romanian natural gas producer and supplier Romgaz (SNG.RO) on Monday (Aug 1) said in a stock market report that it placed with state-run lender CEC BANK a term deposit in the amount of RON70...
OMV Petrom Headed Towards RON10B Profit and RON50B Turnover, But High Prices Start Destroying Demand
With RON4.6 billion net profit and RON26 billion sales, OMV Petrom, the biggest company listed on the Bucharest Stock Exchange, had a 1H/2022 more profitable that 2020 and 2021 put together...
Conpet Concludes RON33M Contract With Petrom For Crude Oil Transport In August 2022
Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) on Wednesday said it concluded a contract with OMV Petrom (SNP.RO) for the transport of crude oil during the August 1 - 31, 202...
Delgaz Grid Finalizes Upgrade Works On Stanilesti And Murgeni Transformer Stations In Vaslui County
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, has completed works aimed at replacing high and medium voltage equipment at the Staniles...
Restart Energy To Implement EUR160,000 Solar Energy Project For Agrocomplex Lunca Pascani
Restart Energy, one of the largest independent energy suppliers on the Romanian market, said it signed a contract worth EUR160,000 with the company Agrocomplex Lunca Pașcani for the installa...
OMV Petrom Shareholders Approve RON2.5B Special Dividends
Shareholders of OMV Petrom (SNP.RO) approved at the Ordinary General Meeting on July 26, 2022 the management's proposal to distribute special dividends because of the company's strong financ...
Swiss Entrepreneur Claudio Cisullo Launches Smart Energy Business Unit in Romania
CC Trust Group, a family business founded and owned by Swiss entrepreneur Claudio Cisullo, has entered Romania’s energy efficiency market with a franchise in the field of smart buildings.