Energy
Transelectrica Gets EUR33M Non-Reimbursable EU Funding for Overhead Power Line
Romanian state-run power grid operator Transelectrica (TEL.RO) said Thursday it has signed a financing contract to build the 400 kV overhead line (OHL) Gutinas –Smardan, amounting to EUR33.4...
E.ON's Delgaz Grid Gets RON19.5M EU Funding For Investments in Vaslui
Delgaz Grid, E.ON's gas and electricity distribution company in Romania, will invest over RON31 million, of which 19.5 million from EU funds, in modernizing transformer stations in Vaslui co...
Transgaz And CEGH Sign Cooperation Agreement To Establish Romanian Gas Hub
Romania's natural gas transmission company Transgaz (TGN.RO) and Austrian Central European Gas HubAG (CEGH), the operator of the Virtual Trading Point in Austria, have signed a Cooperation A...
Transgaz To Pay Additional Dividends To The State If It Fails To Fulfil Its 2019 Investment Commitments
Romania's natural gas transmission company Transgaz (TGN.RO) must submit a report in December regarding the fulfilment of its investment pledges for 2019 and of the amounts committed or the...
CEZ Romania's Wind Park Produced 143.5 Gwh/Month in 2018
The Cogealac-Fantanele wind park, the largest onshore wind farm in Europe, produced on average 143.5 GWh of electricity a month in 2018, according to officials of park owner CEZ.
Electrica Seeks Shareholder Approval to Recover RON235M Damages
Romanian state-owned energy utility group Electrica (EL.RO) will seek shareholder approval to file civil action against 18 former managers and six former executives to recover damages totali...
Nuclearelectrica Reconnects Cernavoda Unit 1 to National Power Grid
Romania's nuclear power producer Nuclearelectrica (SNN.RO) reconnected the first unit of the power plant in Cernavoda to the national power grid Tuesday evening after the completion of remed...
Transelectrica Shareholders Approve New Provisional Supervisory Board Members
Shareholders of Romanian state-run power grid operator Transelectrica (TEL.RO) on Friday approved the extension of four provisional member mandates within the company’s Supervisory Board, be...
Liberty Steel To Invest EUR200M in Galati Mill in Five Years
Liberty Steel, owned by international metals and industrial entrepreneur Sanjeev Gupta, plans to invest EUR200 million in the steel mill in Galati over the next five years.