Energy
OMV Petrom Enters Han-Asparuh Exploration License Offshore Bulgaria
OMV Petrom (SNP.RO), the largest energy company in Southeastern Europe, said Monday it has completed the transaction for the acquisition of 100% of the shares in OMV Offshore Bulgaria GmbH f...
Antitrust Watchdog Looks into OMV Petrom Outsourcing Deal
Romania's antitrust body said Monday it was looking into a deal whereby oil and gas company OMV Petrom (SNP.RO) seeks to outsource operations and services to J. Christof E&P Services SRL and...
Nuclearelectrica Reconnects Cernavoda Unit 2 To National Power Grid
Romania's nuclear power producer Nuclearelectrica (SNN.RO) announced it reconnected the second unit of the nuclear power plant in Cernavoda to the national power grid Monday morning (August...
Transgaz Profit Grows 18% in 1H, to RON231M
Romania's natural gas transmission company Transgaz (TGN.RO) on Thursday reported a net profit of RON231.2 million for the first half of the year, 18% higher compared with the same period in...
Auchan and Petrom Target 400 MyAuchan Stores in Filling Stations in Next 5 Years
OMV Petrom, the largest energy company in Southeastern Europe, and Auchan Retail Romania, the subsidiary in Romania of Auchan Retail, one of the largest global groups in food retail, said Th...
Shareholders Of Electrica Group’s Three Distribution Firms OK Merger; New Entity Named Distributie Energie Electrica Romania
Shareholders of the three electricity distribution companies within energy utility group Electrica (EL.RO), namely, SDEE Transilvania Nord, SDEE Transilvania Sud and SDEE Muntenia Nord, resp...
German Allianz Group Indirectly Reaches 5.3% Holding Of Voting Rights Of Electrica
German Allianz Group has indirectly reached a holding of 5.3% of the voting rights of Romanian state-owned energy utility group Electrica (EL.RO), after the private pension fund AZT Viitorul...
Rompetrol Develops New Product for Protective Medical Masks
Rompetrol Rafinare said Tuesday its petrochemical division has successfully developed a a special type of polypropylene dedicated to protective medical masks.
Transgaz Calls Shareholders Meeting To Approve Sale Of 25% Stake In Vestmoldtransgaz To EBRD For EUR20M
Romania's natural gas transmission company Transgaz (TGN.RO) has called a shareholders' meeting on October 5 to approve the conclusion of a transaction with the European Bank for Reconstruct...