Energy
Romanian Transgaz Starts Works on BRUA Project
Romanian natural gas transmission company Transgaz (TGN.RO) has started works on the Romanian portion of the natural gas pipeline connecting Bulgaria, Romania, Hungary and Austria (BRUA).
Oil Terminal Cuts Staff Spending After Posting 1H Loss
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) has suspended its employees' individual work contracts for 10 days and will pay them 75% of their base wage during this...
Oltchim Halts Production on Sept 1-11 for General Turnaround
Romanian state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO) on Friday announced it will halt production in the period September 1-11 for a scheduled general turnaround.
Dafora Medias Reduces Loss by 66% in H1, Revenue Up 64%
Romanian drilling company Dafora Medias (DAFR.RO) on Friday reported a loss of RON3.2 million for the first half of 2018, down 66% on the year, while its revenue grew 64%, to RONRON49.6 mill...
Transelectrica Profit Flat at RON98M in 1H, Revenues Drop 29%
Romanian state-run power grid operator Transelectrica (TEL.RO) on Thursday reported a net profit of RON98 million for the first half of 2018, unchanged from the same period last year.
Transgaz Profit Declines 30% in 1H/2018, to RON279.61M
Romanian state-owned gas pipeline operator Transgaz (TGN.RO) on Tuesday reported a net profit of RON279.61 million for the first half of 2018, down 30% compared with the same period last yea...
Nuclearelectrica Net Profit Grows 15.9%, to RON182.3M in 1H/2018
Romania's nuclear power producer Nuclearelectrica (SNN.RO), operator of the power plant in Cernavoda, on Tuesday reported a net profit of RON182.3 million for the first half of the year, up...
Romgaz Profit Falls 10%, to RON797M in 1H/2018
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) on Tuesday reported a net profit of RON797 million for the first half of the year, 10% lower compared with the same period of 20...
Power Utility Electrica Posts RON210M Net Profit in 1H/2018
Romanian energy utility Electrica (EL.RO) on Tuesday reported a consolidated net profit of RON210 million for the first half of 2018, RON201.5 million higher compared with the same period la...