Energy
Lazard, STJ, Deloitte Seek to Advise Hidroelectrica in View of IPO
Lazard, STJ and Deloitte have signed up to provide equity advisory services to state-owned power producer Hidroelectrica in view of an initial public offering for an estimated EUR1.75 millio...
Romania Seeks To Fund New Power Generation Capacities Of Over 10,600 MW
Romania plans to finance, in the next ten years, new electricity production capacities of over 10,600 MW, according to the National Plan for Energy and Climate Change (PNIESC).
Hidroelectrica Invests RON24M In Revamping Daesti Hydropower Plant
Romanian state-owned power producer Hidroelectrica on Friday announced investments of RON24.8 million in modernizing hydro-aggregate 2 (HA2) of the Daesti hydropower plant (Valcea County).
Transgaz Calls Shareholders Meeting to Set Up Romanian Gas Hub Services
Romania's natural gas transmission company Transgaz (TGN.RO) has called a shareholders' meeting on March 16 to approve the set-up of Romanian Gas Hub Services and the articles of incorporati...
OMV Petrom Posts 11% Lower Net Profit, Of RON3.63B, YoY In 2019
OMV Petrom (SNP.RO), the largest Romanian oil and gas company, on Thursday reported a net profit of RON3.63 billion in 2019, down 11% on the year, according to the company’s financial result...
Romgaz To Seek Legal Advice to Acquire a Stake in Neptun Deep
Romania's state-owned natural gas producer Romgaz Medias (SNG.RO) has called a shareholders' meeting for March 11 to approve the acquisition of legal services in view of acquiring a particip...
Directa Plus Romanian Subsidiary To Supply Environmental Services to GSP Offshore
Italy's Directa Plus, a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets, said its subsidiary Setcar in Romania has signed a...
Nuclearelectrica Targets RON550M Net Profit in 2020
Romania's state-owned nuclear power producer Nuclearelectrica (SNN.RO) targets a net profit of RON550 million in 2020, 1% higher than in 2019, and revenues of RON2.63 billion, up 6% on the y...
Transgaz Signs MoU On Partnership For Development Of Natural Gas Networks In Eastern Europe
Romania's natural gas transmission company Transgaz (TGN.RO) on Friday announced the signing of a memorandum of understanding (MoU) on the Partnership for the Development of Natural Gas Netw...