Energy
Conpet Ploiesti Net Profit Grows 14.2% YoY To RON42M In Jan-Sept 2021
Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) on Tuesday said it ended the first nine months of 2021 with a net profit of RON42 million, up 14.2% on the year, a turnover of RO...
Over EUR400M Worth of Green Energy Projects Cleared in October
Large wind and solar energy projects worth above EUR400 million got the green light in October to connect to Transelectrica grid.
Hidroelectrica Net Profit Doubles YoY To RON2.6B In Jan-Sept 2021
Romanian state-owned hydropower producer Hidroelectrica on Monday reported record results for the first nine months of 2021 against the backdrop of a 48% increase in the average electricity...
Oil Terminal Net Profit Skyrockets 90.5% YoY to RON18.9M In Jan-Sept 2021
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) said Friday in its financial report that it ended the first nine months of 2021 with a net profit of RON18.93 million,...
Transelectrica Net Profit Drops 57% YoY To RON81M In January-September 2021
Romanian state-owned power grid operator Transelectrica (TEL.RO) said in its financial report released on Friday that its net profit declined by 46.7% on the year to RON81 million in the fir...
Restart Energy Withdraws from Natural Gas Supply Business
Electricity and natural gas supplier Restart Energy has decided to withdraw from the natural gas supply business and focus on green power as of 2022. Its 18,000 customers will be allocated b...
Transgaz Net Profit Plunges 45% YoY To RON112M In January-September 2021
Romanian state-owned gas natural transmission company Transgaz (TGN.RO) said Friday in a stock market report that ended the first nine months of 2021 with a net profit of RON112 million, dow...
Nuclearelectrica Sees Profit Rise by 34% in First 9 Months of 2021, to RON641M
Nuclearelectrica (SNN.RO), Romania’s sole nuclear power producer, majority held by the Energy Ministry, ended the first nine months of 2021 with net profit worth RON641.1 million, up 34% fro...
Law Firm Filip & Company Assists Electrica In Contracting RON750M Loan
Law firm Filip & Company has assisted Electrica (EL.RO), one of the main actors on the energy supply and distribution market in Romania, in contracting a loan worth EUR750 million from Erste...