Energy
Cristian Colteanu Leaves GE Romania After A Decade At The Helm
Cristian Colteanu, who became General Electric’s chief executive officer for Romania, Bulgaria and the Republic of Moldova in 2007, left the US group at the beginning of this year, ending on...
ZF Power Summit ’18: Reality Is Austria And Hungary Vie Over Black Sea Gas
The Romanian government could collect EUR2.8 billion royalties over twenty years from the natural gas drilled in the Black Sea and natural gas production is expected to double by 2025, when...
Razvan Nicolescu, Deloitte: Romania To Have Over 1 Million Electric Or Hybrid Vehicles Until 2030
Romania will have over one million electric or hybrid vehicles until 2030, Razvan Nicolescu, energy&resources industry leader with Deloitte, told ZF Power Summit 2018 on Tuesday.
Energy Industry: We’re Working In The Dark In The Absence Of Country Strategy
Investments are the keyword on the energy market this year and companies in the sector are ready to bring new gas and electricity generation facilities online.
Transgaz, Reganosa Submit Binding Bid To Take Over Greek Gas Pipeline Operator DESFA
Romania's natural gas transmission company Transgaz in consortium with Spain's Reganosa have submitted a binding bid to acquire a 66% stake in Greece's gas transmission company DESFA.
Transelectrica Profit Falls 90% in 2017, to RON26M
Romanian state-run power grid operator Transelectrica (TEL.RO) reported a profit of RON26 million for 2017, down 90.3% compared with RON272 million in 2016, mainly due to the decrease of tar...
Rompetrol Rafinare Posts $22M Consolidated Net Profit in 2017
Rompetrol Rafinare, owned by KMG International, posted a consolidated net profit of approximately $22 million, on the backdrop of historical output records by its Petromidia Navodari and Veg...
Nuclearelectrica 2017 Profit Grows 172%, to RON303M
Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO), operator of the power plant in Cernavoda, on Thursday said its net profit grew 172% in 2017, to RON303 million from RON...
Romgaz 2017 Profit Grows 82%, to RON1.8B
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) on Thursday posted a net profit of RON1.8 billion for 2017, 82% higher compared with 2016.