Energy
Transgaz Completes Phase 1 Of BRUA Pipeline; Construction Works Reach EUR377.4M
Romanian state-owned gas natural transmission company Transgaz (TGN.RO) said Thursday in a stock market report that it completed works on Phase 1 of the natural gas pipeline connecting Bulga...
Enel X Romania Builds Two Solar Power Plants For Nimet Targoviste; Investment Reaches EUR1.5M
Enel X Romania, part of Enel X, the advanced energy services division of Italy’s Enel Group, is building two solar power plants with a total installed capacity of nearly 2 MWp, for chrome pl...
Volker Raffel Takes Over As CEO Of E.ON Romania
Volker Raffel has taken over the position of Chief Executive Officer (CEO) of natural gas and electricity supplier E.ON Romania, a member of Germany utility group E.ON, effective August 1, 2...
OMV CEO Alfred Stern Appointed President of OMV Petrom
OMV Petrom (SNP.RO), the largest company on the Bucharest Stock Exchange by capitalization on Friday announced it appointed Alfred Stern, the new chief executive officer of Austria’s OMV gro...
Going Green: Modern Retailers Invest in PV Panels for Stores and Warehouses
Half of modern retail actors are betting several million euros on green energy, equipping their stores with photovoltaic panels and spending on biogas power stations.
Romgaz Summons Its Shareholders On Sept 9 To Elect Interim Board Members
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) convenes the Ordinary General Meeting of Shareholders (OGMS) on September 9, 2021 in order to elect seven interim Board members...
Electrica Seeks To Buy Two Solar Parks And One Wind Park From Muntmark In Deal Totaling EUR13M
Romanian state-owned energy utility group Electrica (EL.RO) said in stock market report that it signed, as buyer, with Emanuel Muntmark and with Catalin Mrejeru, as sellers, three share sale...
OMV Petrom Sales Revenue Up 1% To RON10B, Net Profit Up 13% To RON980M YoY In 1H/2021
OMV Petrom, the largest energy company in South-Eastern Europe, ended the first half of 2021 with sales revenue of RON10 billion, up 1% versus the same period in 2020, and a net profit of RO...
Romania Antitrust Body Clears Acquisition Of A Part Of Vestmoldtransgaz Share Capital By EBRD
Romania’s Competition Council has approved an operation whereby the European Bank for Reconstruction and Development (EBRD) is acquiring a part of the share capital of company Vestmoldtransg...