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Nuclearelectrica Makes Nearly RON400M Term Deposit With CEC Bank
Energy

Nuclearelectrica Makes Nearly RON400M Term Deposit With CEC Bank

Nuclear power producer Nuclearelectrica (SNN.RO) placed with state-run lender CEC BANK a term deposit in the amount of RON393.35 million, the company informed its shareholders and investors...

Ecaterina Craciun · 23.06.2022 · 16:24 · 1 min
OMV Petrom Board Oks Share Capital Increase By Maximum Value of RON585M Up To RON6.2B
Energy

OMV Petrom Board Oks Share Capital Increase By Maximum Value of RON585M Up To RON6.2B

OMV Petrom (SNP.RO), Romania’s only oil and gas producer, on Wednesday said that, based on the authorization received from the Extraordinary General Meeting of Shareholders dated April 27, 2...

Cristina Bellu · 22.06.2022 · 10:36 · 2 min
Photon Energy Takes Steps Toward Own Portfolio of Solar Energy Projects in Romania
Energy

Photon Energy Takes Steps Toward Own Portfolio of Solar Energy Projects in Romania

Whereas Photon Energy has so far dealt with the maintenance of some solar power parks, the company is now stepping toward its own projects, having a 120 MW portfolio underway.

Roxana Petrescu · 21.06.2022 · 09:56 · 1 min
Nuclearelectrica Makes RON61.3M Term Deposit with Banca Romaneasca
Banks-Insurance

Nuclearelectrica Makes RON61.3M Term Deposit with Banca Romaneasca

Nuclear power producer Nuclearelectrica (SNN.RO) placed with Banca Romaneasca a term deposit without extension in the amount of RON61.28 million on June 17, 2022, the company informed shareh...

Loredana Frățilă-Cristescu · 17.06.2022 · 19:44 · 1 min
TMK Hydroenergy Power Starts Works On New Hydropower Plant In EUR700,000 Investment
Energy

TMK Hydroenergy Power Starts Works On New Hydropower Plant In EUR700,000 Investment

TMK Hydroenergy Power, part of CEZ Group, has started works on a new hydropower plant in Caras Severin County, on the Barzava River, within an investment worth EUR700,000.

Ecaterina Craciun · 15.06.2022 · 20:03 · 1 min
Black Sea Oil & Gas Announces Start Of Natural Gas Production From MGD Project
Energy

Black Sea Oil & Gas Announces Start Of Natural Gas Production From MGD Project

Black Sea Oil & Gas SA (BSOG) together with its co-venture partners, Petro Ventures Resources SRL and Gas Plus Dacia on Wednesday announced that production has started from the Midia Gas Dev...

Ecaterina Craciun · 15.06.2022 · 19:25 · 2 min
OMV Petrom Proposes RON2.6B Worth of Special Dividends
Capital Market

OMV Petrom Proposes RON2.6B Worth of Special Dividends

OMV Petrom (SNP.RO) the largest company on the Bucharest Stock Exchange, whose profitability is tied to the price of fuel, on Tuesday evening announced it would submit a proposal to sharehol...

Loredana Frățilă-Cristescu · 14.06.2022 · 21:19 · 1 min
Energy

Rompetrol Rafinare Completes Repair Works On Diesel Hydrotreating Unit

Rompetrol Rafinare (RRC.RO), a member company of the KMG International Group and the operator of the Petromidia Navodari and Vega Ploiesti refineries, has recently completed the repair works...

Ecaterina Craciun · 10.06.2022 · 19:22 · 2 min
EIB Disburses EUR1.4B To Romania For Energy Projects Under Modernization Fund
Energy

EIB Disburses EUR1.4B To Romania For Energy Projects Under Modernization Fund

The European Investment Bank (EIB) transferred almost EUR1.4 billion to Romania under the Modernization Fund scheme to finance strategic projects in the country’s energy sector, according to...

Ecaterina Craciun · 10.06.2022 · 18:40 · 1 min