Energy
OMV Petrom Posts Loss in 3Q, 9-Mo Profit Falls 70%
OMV Petrom (SNP.RO), the biggest oil and gas company in Southeast Europe, on Thursday reported sales of RON15.1 billion for the first nine months of 2002, down 17% on the year, while net pro...
Romgaz Extends Terms Of Provisional Directorate Members By Two Months
Shareholders of Romania's state-owned natural gas producer Romgaz Medias (SNG.RO) on Friday approved the extension of the mandates of current provisional Directorate members by two months fr...
Transgaz Completes Modernization Works On Gas Compressor Station In Silistea
Romania's natural gas transmission company Transgaz (TGN.RO) has completed the modernization works of the gas compressor station in Silistea, an objective included in the second stage of the...
CEZ Sells Romanian Operations to Macquarie Infrastructure and Real Assets
Czech energy group CEZ announced Friday it has reached an agreement to sell its Romanian assets to funds managed by Macquarie Infrastructure and Real Assets (MIRA).
Hidroelectrica Completes Upgrades On 110kV Transformer Stations Serving Voila, Vistea Hydropower Plants
Romanian state-owned hydropower producer Hidroelectrica on Tuesday said it completed modernization works and is going to commission the 110kV transformer stations belonging to Voila and Vist...
US Imposes Anti-Dumping Tariff of 84% on Alro's Aluminum
The United States Department of Commerce has determined an anti-dumping tariff of 83.94% on aluminium sheets made by Romania's Alro SA (ALR.RO) applicable immediately, the company said in a...
Transelectrica Supervisory Board Extends Provisional Members' Terms by Two Months
The supervisory board of Romanian state-owned power grid operator Transelectrica (TEL.RO) has extended the mandates of current provisional Directorate members by two months.
Hidroelectrica Completes RON5.4M Modernization Works On Bradisor Hydropower Plant
Romanian state-owned hydropower producer Hidroelectrica has announced the commissioning of a 110 kV electric station belonging to Bradisor hydropower plant, as part of Lotru hydropower retro...
Romania to Sign $8B Financing Agreement with US for Cernavoda Nuclear Reactors
Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the building of two new reactors at the Cernavoda nuclear...