Energy
Clariant Buys Land For Biofuel Plant Near Craiova
Swiss-held Clariant chemical group has bought a 10-hectare plot in the rural town of Podari, near Craiova, which previously accommodated the vegetable oil plant Olpo (closed by Cargill) and...
Association: Effective Tax Rate In Romania Upstream Sector Falls To 13.9% In 2017
The effective tax rate in Romania’s upstream sector (oil production) rose to 17.4% in 2016 and fell to 13.9% in 2017, while the average in EU countries decreased to 8.8%, according to a stud...
Romelectro To Upgrade Three Transelectrica Power Transformation Stations For EUR14M
Romelectro, as a general entrepreneur, on Monday said it recently won the bids organized by Romanian state-run power grid operator Transelectrica for the modernization of power transformatio...
Transelectrica Posts RON47M Loss In 2017 Due To Tariff Decline And ANAF Taxation Decision
Romanian state-run power grid operator Transelectrica (TEL.RO) on Friday said it revised downwards its 2017 results and announced an accounting loss of RON47.9 million, compared to a net pro...
Romanian Transgaz Signs Contract Taking Over Moldova's Gas Transmission Company
Romanian natural gas transmission company Transgaz (TGN.RO), through its Eurotransgaz division in the Republic of Moldova, signed the privatization contract by which it takes over Moldova's...
Romgaz Sets Up Division for Natural Gas Storage Activities
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) on Tuesday announced its was grouping its storage operations under a single company as of April 1.
Transgaz Signs Contract For Construction Of Gas Compressor Stations For BRUA Phase 1
Romanian natural gas transmission company Transgaz (TGN.RO) signed on March 23 the contract for the development of three gas compressor stations of 10 MW each, as stipulated in the first sta...
Lidl's Real Estate Company Gets EUR100M Capital From Parent Company
Lidl Romania SCS, which administers the real estate assets of the German group, received a capital injection of EUR100 million in February from the parent company.
Transgaz Gets Right To Start Works on BRUA Phase 1
Romanian natural gas transmission company Transgaz (TGN.RO) has obtained the right to start works on the first stage of the Romanian portion of the natural gas pipeline connecting Bulgaria,...