Energy
Transgaz Net Profit Drops 9% YoY To RON224.7M In Jan-Sept 2020
Romania's natural gas transmission company Transgaz (TGN.RO) ended the first nine months of 2020 with a net profit of RON224.7 million, down 9% on the year, per its quarterly report released...
Electrica Group Net Profit Soars 146% YoY To RON396M In Jan-Sept 2020
Romanian state-owned energy utility group Electrica (EL.RO) on Friday reported a net profit of RON396 million in the first nine months of 2020, up 146% from the year-earlier period.
Romgaz Turnover Drops 23% To RON2.9B, Net Profit Falls 20% To RON941M In Jan-Sept 2020
Romania's state-owned natural gas producer Romgaz Medias (SNG.RO) ended the first nine months of 2020 with a turnover of RON2.9 billion, down 23% on the year, and a net profit of RON941.9 mi...
Conpet Net Profit Declines 2.3% in Jan-Sept, to RON48.95M
Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) on Thursday reported a net profit of RON48.95 million for the first nine months of 2002, down 2.3% on the year.
Rompetrol Gets Antitrust Clearance to Take Over 9 Filling Stations
Romanian's competition authority has authorized a deal allowing Rompetrol Downstream to take over operation rights on nine filling stations belonging to Comision Trade group.
Nuclearelectrica Net Profit Grows 14.8% YoY To RON477M In Jan-Sept 2020
Romania's nuclear power producer Nuclearelectrica (SNN.RO) reported a net profit of RON477 million in the first nine months of 2020, up 14.8% on the year, and operating income of RON1.7 bill...
E.ON Reaches 100 Electric Vehicle Charging Stations In Romania
E.ON Energie Romania, one of the largest utility suppliers on the local market, has so far installed some 100 public and private stations for electric vehicles, through the E.ON Drive projec...
Tinmar Energy Completes Takeover of Grain Farmer Intercereal
Tinmar Energy, a company of Romanian entrepreneur Augustin Oancea, which is mainly an electricity, natural gas and oil products trader, has completed the takeover of Intercereal, a major gra...
Romgaz Says Energy Ministry Transferred RON115M For Iernut Power Plant Investment
Romania's state-owned natural gas producer Romgaz Medias (SNG.RO) on Wednesday said the Ministry of Economy, Energy and Business Environment transferred RON115 million for investments in the...