Energy
Fondul Proprietatea Still Seeks to Sell Stake in Hidroelectrica
Romanian investment fund Fondul Proprietatea (FP.RO) is still seeking to sell a stake of nearly 20% it holds in Romanian hydropower producer Hidroelectrica, fund representative Johan Meyer s...
Nuclearelectrica To Shut Down Cernavoda Unit 2 for 72 Hours for Repairs
Romania's nuclear power producer Nuclearelectrica (SNN.RO) will shut down the second unit of the power plant in Cernavoda on Wednesday for 72 hours in view of repairs.
Romania Collects A Mere $30M In Royalties A Year For Black Sea Gas
Romania collected 116.4 million lei ($29 million) in royalties for the natural gas drilled in the Black Sea in 2017. About 10% of Romania’s gas production comes from offshore blocks.
Nuclearelectrica Appoints Dan Bigu As Manager Of Cernavoda Nuclear Power Plant
Romania's nuclear power producer Nuclearelectrica (SNN.RO) on Friday said it appointed Dan Bigu as manager of Cernavoda NPP (Nuclear Power Plant), effective September 1, 2018, following the...
Competition Council Looks into Chimcomplex' Acquisition of Oltchim Assets
Romania's antitrust watchdog said Wednesday it was looking into the acquisition of assets from state-owned chemical plant Oltchim by chemical producer Chimcomplex Borzesti.
Romgaz Appoints Andrei Bobar As Chief Financial Officer
The Board of Directors of Romania’s largest natural gas producer Romgaz Medias (SNG.RO) has appointed Andrei Bobar as Chief Financial Officer, for a three-year period, the company said in a...
Energy Ministry Says Desulphurization System At Paroseni Power Plant Is Operational
Romania’s Energy Ministry announced on Monday that state-run energy holding Complexul Energetic Hunedoara inaugurated its first desulphurization system, at its Paroseni power plant, which wi...
Transgaz' Takeover of Moldovan Gas Company To Be Completed Next Week
The takeover of Moldova's natural gas company Vestmoldtransgaz by Romania's Transgaz will be finalized next week, when the privatization contract suspension clauses are closed, Romania's Eco...
Nuclearelectrica Extends Mandate Of Its General Manager By Two Months
The Board of Directors of nuclear power producer Nuclearelectrica (SNN.RO), operator of the power plant in Cernavoda, has approved a decision to extend for two more months the duration of ma...