Energy
Monica Hodor Takes The Helm Of E-Distributie Companies In Romania
Monica Hodor, a former networks development director within the global infrastructure and networks division of Enel Group, took over in early February 2021 the position of general manager of...
Hidroelectrica Shareholders Approve Acquisition of Crucea Wind Park
Shareholders of state-owned hydropower producer Hidroelectrica on Monday approved the company's acquisition of Crucea Wind Farm SA and STEAG Energie Romania SRL from German energy group STEA...
Azomures Gets EUR601,000 Grant for Energy Efficiency Program
Romanian chemical fertilizer producer Azomures, owned by Ameropa, has started an energy efficiency investment supported by a EUR601,000 grant from Iceland, Liechtenstein and Norway, through...
Nuclearelectrica Reconnects Cernavoda Unit 1 To National Power Grid
Romania's nuclear power producer Nuclearelectrica (SNN.RO) on Monday announced it reconnected the first unit of the power plant in Cernavoda to the national power grid.
Conpet Ploiesti Plans To Increase Share Capital By RON108.8M
Shareholders of state-run oil transporter CONPET Ploiesti (COTE.RO) will be discussing in their general meeting of March 11 a decision to increase the company’s share capital by RON108.8 mil...
Hidroelectrica Seeks To Invest RON170M In Retrofitting Bradisor Hydropower Plant
Romanian state-owned hydropower producer Hidroelectrica plans to invest RON170 million in retrofitting works at the Bradisor hydropower plant.
Rompetrol Well Services Approves KMG International Dividend Policy
Shareholders of Rompetrol Well Services (PTR.RO) rejected a proposal by minority shareholder KJK Balkan on the distribution policy for the RON84.37 million profit raised in previous years an...
Hidroelectrica IPO Expected at the End of 2021 at the Earliest
An initial public offering of a minority stake in Romanian state-owned hydropower producer Hidroelectrica could take place towards the end of 2021 in the best case scenario, company CEO Bogd...
Shell Returns To Romania With Commercial Road Transport Operations As Of April 2021
Oil group Shell, which had sold all its Romanian assets in 2007, is returning to Romania, where it will carry out commercial road transport activities, according to company representatives.