Energy
Transgaz Profit Falls 26% in 1Q, to RON236M
Romanian state-owned gas pipeline operator Transgaz (TGN.RO) on Tuesday reported a net profit of RON236 million for the first quarter, down 26% compared with the same period last year.
Electroalfa Seeks To Get 25% Of Revenue From International Contracts
Electroalfa, a group specializing in manufacturing of low and medium-voltage equipment and in delivering turn-key projects in the energy sector, believes one quarter of the revenue it budget...
Oltchim Profit Grows Six-Fold in 1Q, to RON46.3M
Romanian state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO) on Friday reported its firs-quarter net profit grew six-fold on the year, to RON46.3 million, from RON7.5 million in the f...
Romania's Electricity and Gas Distribution Networks Need EUR10B Long-Term Upgrades
Romania's electricity and gas distribution networks need investments over EUR10 billion in the long term in order to replace the old infrastructure, according to the estimation of the member...
Alro Invests In Energy Saving Technology at Slatina Plant
Alro Slatina (ALR.RO), the largest aluminum producer in continental Europe (excluding Russia and Scandinavia), said Wednesday it has reached an agreement with Aluminium Pechiney, part of Rio...
EC Investigates State Aid for Romanian National Uranium Company
The European Commission on Tuesday opened an in-depth investigation to assess whether various public support measures from Romania in favor of the National Uranium Company are in line with E...
Eurostat: Romania Produced 11,286 GWh Of Electricity From Nuclear Sources In 2016
Romania produced 11,286 gigawatt hours (GWh) of electricity from nuclear sources in 2016, and gross electricity generation from nuclear plants within the EU Member States stood at 839.7 thou...
Investments In Black Sea Hydrocarbon Sector To Generate Additional $40B To Romania's GDP
Investments in the Black Sea hydrocarbon sector will generate revenue of over $26 billion to the state budget and an additional $40 billion to Romania’s gross domestic product (GDP) until 20...
Nuclearelectrica In Talks With Chinese Investor to Develop Two More Nuclear Reactors
Romania's nuclear power producer Nuclearelectrica (SNN.RO), operator of the power plant in Cernavoda, is in talks with Chinese investors to develop a third and fourth unit at the plant, comp...