Energy
Beltrame Group to Invest EUR300M in Eco-friendly Rebar and Wire Rod Factory in Romania
Italy's AFV Beltrame Group, one of the largest producers of steel bars and special steels in Europe, will invest EUR300 million to build an eco-friendly rebar and wire rod factory in Romania...
PwC: Europe Needs $2 Trillion Investments In Electricity Networks Until 2050
The energy transition from fossil fuels to renewable sources will entail huge investments in production capacities and infrastructure, with the amounts estimated for Europe alone to transfor...
EBRD Lends EUR40M To Distributie Energie Electrica Romania For Electricity Distribution Network Upgrades
The European Bank for Reconstruction and Development (EBRD) on Friday said it was providing a loan worth the Romanian lei equivalent of up to EUR40 million (USD47.3 million) to Distributie E...
Rompetrol Rafinare Seeks to Reduce Share Capital by Maximum RON3B
Rompetrol Rafinare (RRC.RO), part of KMG International and 44.7% owned by the Romanian state, seeks to reduce its share capital by as much as RON3 billion from the current share capital of R...
Simtel Team Starts Trading on Bucharest Capital Market
Shares of Simtel Team (SMTL.RO), a Romanian engineering and technology company, started trading Thursday on the AeRO market of the Bucharest Stock Exchange.
Fitch Affirms Romanian Transgaz Rating at 'BBB-'; Outlook Stable
Fitch Ratings has affirmed Romanian state-owned natural gas transmission company Transgaz's Long-Term Issuer Default Rating at 'BBB-' with a Stable Outlook.
Enel X Romania Partners With Kaufland to Build EUR1M Photovoltaic Park
Enel X Romania, part of Enel X, the advanced energy services division of the Enel Group, is implementing a photovoltaic system for retailer Kaufland Romania in Turda, Cluj county, with an in...
Liberty Galati Posts Strongest Quarterly Results Since 2008 in 1Q/2021
Liberty Galati, the largest integrated steel producer in Romania, has reported a strong set of results for the first quarter of this year, building on the production improvements made in 202...
OMV Petrom Invests EUR70M Replacing Coke Drums at Petrobrazi Refinery
OMV Petrom, the largest energy company in South-Eastern Europe, will invest approximately EUR70 million at the Petrobrazi refinery, to replace facilities that are essential during the refini...