Energy
Electrica Shareholders OK Total Ceiling Of Short-Term Financing Of RON1.5B
Shareholders of state-owned utility group Electrica (EL.RO) decided in their general meeting of March 21 to approve a total ceiling of short-term financing in the amount of RON1.5 billion th...
Delgaz Grid Sets Off Upgrade Works On Five Electrical Stations In Vaslui County
The teams of contractors of Delgaz Grid, the natural gas and electricity distribution company in Romania of German utility group E.ON, started the implementation of the project for the moder...
Rompetrol Rafinare Ships Almost $1B of Oil Products in Region in 2021
Rompetrol Rafinare (RRC.RO), the operator of the Petromidia Navodari and Vega Ploiesti refineries, exported $960 million worth of oil products in the region to the subsidiaries of KMG Intern...
Portugal's EDP Renewables Targets 1,000 MW Projects In Romania, Govt Says
Portugal’s EDP Renewables (EDPR), the third largest renewable energy investor on the Romanian market, said it plans to invest in additional green energy projects in Romania with a capacity o...
Simtel Team To Install 30,000 Photovoltaic Panels On 11 Buildings Of CTPark Bucharest West
Simtel Team (SMTL.RO), a Romanian engineering and technology company, said in a stock market report on Monday that it signed a framework contract with industrial and logistics space develope...
Chimcomplex To Undergo Major Restructuring To Cope With Soaring Energy Prices
Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, said in a stock market report on Monday that it is forced to enter a major restructuring prog...
Romania Competition Council Sets Off Inquiry Into Fuel Price Hikes
Romania’s Competition Council has started an inquiry into fuel price hikes, saying it is monitoring the fuel market and arguing that prices has increased too much unreasonably.
Rompetrol Rafinare Faces Complex Cyberattack
Rompetrol Rafinare (RRC.RO), member company of the KMG International Group (KMGI) and the operator of Petromidia Navodari, Romania’s largest oil refinery, announced on Monday in a stock mark...
Petromidia Navodari Refinery To Undergo Scheduled Technological Turnaround
Rompetrol Rafinare (RRC.RO), member company of the KMG International Group (KMGI), will suspend the operational activity of the Petromidia Navodari refinery, between March 11 and April 3, fo...