Energy
Romgaz Stored 633M Cubic Meters of Natural Gas
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) has stored over 633 million cubic meters of natural gas, more than double the quantity required by the country's agency for mine...
Romanian Government To Support CE Hunedoara, Mintia Thermal Power Plant
The Romanian government will support energy holding CE Hunedoara and the Mintia thermal power plant in a strategic approach to ensure the country's energy independece, ruling coalition leade...
Bulrom Gas Invests EUR4M In Gas Station Network
Dan Paltcov and Dan-Claudiu Parau, the shareholders of Bulrom Gas, one of the largest LPG businesses in Romania, will invest more than EUR4 million in a network of 15 gas stations under the...
Romanian Fondul Proprietatea Sells Stakes in Electrica Subsidiaries for RON752M
Romanian investment fund Fondul Proprietatea (FP.RO) announced Wednesday it has sold its stakes in the subsidiaries of electricity distribution and supply company Electrica for a total of RO...
Romanian Electricity Supplier Electrica Approves Collective Layoff Plan
Romanian state-owned electricity distribution and supply company Electrica SA (EL.RO) has approved a plan to lay off employees at its service and maintenance unit by the end of the year.
Transelectrica To Invest RON100M In Network Upgrades By Yearend
Romanian state-run power grid operator Transelectrica will invest RON42.2 million in power station upgrades in November and plans to invest RON100 million by the end of the year.
Electrica Has New Executive Board, Buys Stakes Held By Fondul Proprietatea
The Ordinary General Meeting of Shareholders of electricity distribution and supply company Electrica SA (EL.RO) elected a new Executive Board, on October 26, which comprises seven members a...
Top Four Fuel Retailers Account For 80% Of The Market
OMV Petrom Marketing, Rompetrol Downstream, Lukoil Romania and MOL Romania Petroleum Products – the companies that operate Petrom, Rompetrol, Lukoil and MOL gas station chains, account for 8...
Electrica SA Grants Intercompany Loan Of RON100M To Electrica Furnizare SA
The Board of Directors of electricity distribution and supply company Electrica SA (EL.RO) has approved the granting by Electrica SA of a revolving intercompany loan of RON100 million to the...