Energy
Alro Group 1Q Turnover Grows 4.4% To RON744M, Loss Shrinks To RON62M Vs RON110M In Year-Earlier Period
Alro Group (ALR.RO), one of Europe’s largest vertically integrated aluminum producers, on Friday said it ended the first three months of 2021 with a turnover of RON744 million, up 4.4% on th...
Romgaz Consolidated Net Profit Falls 19% To RON464M, Turnover Drops 7.2% To RON1.32B YoY In 1Q/2021
Romanian state-owned natural gas producer Romgaz (SNG.RO) on Friday said it ended the first three months of 2021 with a consolidated net profit of RON464 million, down 19% on the year, and a...
Transgaz Consolidated Net Profit Drops 23% YoY To RON154M In 1Q/2021
Romanian state-owned gas natural transmission company Transgaz (TGN.RO) on Friday said it ended the first quarter of 2021 with a consolidated net profit of RON154 million, down 23% on the ye...
Transelectrica Total Revenue Grows 20% To RON726M, Net Profit Rises 6% To Nearly RON82M In 1Q/2021
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Friday said it ended the first quarter of 2021 with total revenue of RON726 million, 20% higher than in the same period in...
Electrica Group Net Profit Drops Nearly 28% YoY To RON57.9M In 1Q/2021
Romanian state-owned energy utility group Electrica (EL.RO) on Friday said it ended the first three months of 2021 with a net profit of RON57.9 million, down 27.7% from the year-earlier peri...
Hidroelectrica to Pay Total Dividends of RON2.3B
Romanian state-owned hydropower producer Hidroelectrica will pay dividends totaling RON2.3 billion this year, after the Romanian state approved an additional RON1 billion dividend distributi...
ATP Trucks Automobile Launches Electric Bus with Up To 360 KM Autonomy
ATP Trucks Automobile, part of ATP Group in Baia Mare, northern Romania, announced the launch of its ATP Bus e-UpCity electric bus with an autonomy of up to 360 km.
Antitrust Body Clears German DKV Group To Acquire Romanian Firm Smart Diesel
Romania’s Competition Council has approved the transaction whereby German DKV Group had acquired Arad-based Smart Diesel end-2020, the largest private filling station operator in Romania, fo...
Oil Terminal Net Profit Soars 57% YoY To RON6.3M In 1Q/2021
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) ended the first quarter of 2021 with a net profit of RON6.3 million, up 57% on the year, and a turnover of RON47.8 mill...