Energy
Nuclearelectrica: Intergovernmental Agreement With US To Place Romania Among Countries With Double Nuclear Capacity
The global nuclear energy production grew for the seventh consecutive year in 2019, reaching 2,657 TWh, per the World Nuclear Association (WNA). Compared to the previous year, there is an in...
Restart Energy Invests $30M In Solar Park In Salaj County
Restart Energy, an independent electricity and natural gas supplier on the local market, seeks to invest approximately $30 million in developing a solar project of 45 megawatts (MW) in Sarma...
E.ON's Delgaz Grid Plans RON1B Investments in Infrastructure by 2023
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, plans to invest nearly RON1 billion by 2023, in upgrading local networks, of which RON7....
Romanian Transgaz, Russian Gazprom Terminate Legacy Gas Transmission Contract
Romanian state-owned gas natural transmission company Transgaz (TGN.RO) said Monday it has terminated the legacy contract for gas transmission through the T3 transit pipeline on the territor...
Laurentis Energy Partners Signs EUR3M Deal with Romanian Nuclearelectrica for Unit 1 Refurbishment
Canada's Laurentis Energy Partners was awarded a EUR3.156 million contract award, through its subsidiary Canadian Nuclear Partners, to support refurbishment at Romania’s nuclear station in C...
Nuclearelectrica Has RON632M Deposits With CEC Bank
Romania's nuclear power producer Nuclearelectrica (SNN.RO) on Tuesday informed its shareholders and investors that it had placed with lender CEC BANK a deposit in the amount of RON80 million...
Alro Slatina Reconfirms Genoveva Nastase as CFO
Shareholders of aluminum producer Alro Slatina (ALR.RO) onm Monday reconfirmed Genoveva Nastase in the position of company financial manager for a new four-year mandate, the company said in...
Transelectrica Net Profit Grows 18% in 2020, to RON114M
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Monday reported a net profit of RON114 million for 2020, up 18% on the year.
Allianz Pension Funds Reach 5.01% Holding in Transgaz
Romania's natural gas transmission company Transgaz (TGN.RO) said in a market report Friday that Allianz SE, parent company of Allianz-Tiriac Pensii Private, has exceeded the 5% holding thre...