Energy
CEZ Got EUR964M From Sale of Romanian Operations
Czech Republic’ CEZ group got CZK24.6 billion (EUR964 million) from the sale of its operations Romania to Australia’s Macquarie in the largest deal in Romania’s energy sector in the last few...
Franck Neel, OMV Petrom: Black Sea Gas Reserves Total 200B Cubic Meters; Regional Competition Grows
If the offshore law were changed today, OMV Petrom would need around 12 months to prepare for a final investment decision for the exploration of the Neptun Deep block and the first volumes c...
Ireland's Alternus Energy Group Acquires Solar Park In Giurgiu County
Irish company Alternus Energy Group has acquired a photovoltaic park with an installed capacity of 20 MW, in Giurgiu County, which was previously part of the portfolio of Risen Energy Solar...
Hidroelectrica Sees RON1.1B Profit in 2021, Earmarks RON1.3B for Acquisitions
Romania's state-owned hydropower producer Hidroelectrica expects a net profit of RON1.1 billion this year, 23% lower than in 2020, and total revenues of RON4.23 billion, 8% higher compared w...
ENGIE Romania CEO: Black Sea Offshore Gas Projects Require EUR13B Investment
The energy sector requires investments of EUR70 billion over the next decade, of which EUR13 billion in offshore gas projects in the Black Sea, Eric Stab, president and CEO of ENGIE Romania...
At Least 40 Electric Vehicle Recharging Stations To Be Installed In OMV, Petrom Filling Stations By End-2022
OMV Petrom, the largest energy company in South-Eastern Europe, together with Renovatio, the operator of the largest network of recharging stations for electric vehicles in Romania, will ins...
Daniel Ortiz Appointed New General Manager of Enel X Romania
Daniel Ortiz, former Head of Business-to-Consumer (B2C) Iberia, Endesa X, was appointed at the beginning of May as general manager of Enel X Romania, the company announced Monday.
Romgaz Gets Majority Owner’s OK For 2021 Individual And Consolidated Budget Of Revenue And Expenditure
Romanian state-owned natural gas producer Romgaz (SNG.RO) said in a stock market report Friday that its shareholders approved on May 7, 2021 the company’s individual and consolidated budget...
Electrica Extends Mandate Of Cristian Bosoanca As Executive Board Chairman Until December 31, 2021
The Board of Directors of Romanian state-owned energy utility group Electrica (EL.RO) has extended the mandate of Cristian Bosoanca as Chairman of the Board starting May 6 until December 31,...