Energy
Nuclearelectrica Board Extends Mandates for Provisional Management
The board of directors of Romania's nuclear power producer Nuclearelectrica (SNN.RO) has appointed the general manager, deputy general managers and the financial manager for a provisional pe...
Romanian Hidroelectrica, Austrian Verbund Hydro Power Sign Cooperation Memo
Romanian hydropower utility and Austria's Verbund Hydro Power GmbH signed a cooperation memorandum Tuesday for the joint development of projects in the energy sector, Hidroelectrica said.
Petrolexportimport Enters Bankruptcy Procedure
Romanian fuels wholesaler Petrolexportimport (PEI.RO) will enter a simplified bankruptcy procedure, following approval by by the Bucharest Court, the company said Thursday.
Cernavoda Nuclear Reactor 2 Returns to Full Power
Romania's nuclear power producer Nuclearelectrica (SNN.RO) announced Tuesday it has restored Unit 2 of the nuclear power plant in Cernavoda to full power after repair works.
Nuclearelectrica Reduces Power of Cernavoda Nuclear Reactor 2 for Repairs
Romania's nuclear power producer Nuclearelectrica (SNN.RO) announced it would reduce the power of the second nuclear reactor at the power plant in Cernavoda on Monday due to repairs.
Fitch Affirms Romania’s Transelectrica at 'BBB'; Outlook Stable
Fitch Ratings has affirmed Romanian state-run power grid operator Transelectrica's long-term issuer default rating (IDR) at 'BBB' with a stable outlook.
Electrogrup Announces Public Offering On Bucharest Stock Market
Electrogrup Infrastructure, a company held by Teofil and Simion Muresan brothers and by Marian Pantazescu, specializing in constructions for the energy infrastructure, will carry out a publi...
Competition Council Looks Into High Tech Clima Acquisition By CEZ Group Member Companies
Romania’s Competition Council is looking into a transaction whereby companies High Tech Clima SRL and its branch, High-Tech Clima DOO (Serbia) are acquired by New Energy Investments B.V. (Th...
Schaeffler Builds Testing Center in Brasov
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group, will build a testing center in Brasov, central Romania, on an area of 8,000 sqm, where 160 engineers will work startin...