Energy
Romanian Transgaz Gets EUR50M EIB Loan to Fund First Stage of BRUA Pipeline
Romanian natural gas transmission company Transgaz (TGN.RO) will get a EUR50 million loan from the European Investment Bank to finance the first stage of the Romanian portion of the the natu...
Competition Council Clears Acquisition Of OMV Petrom Wind Power By Transeastern Power
Romania’s Competition Council on Monday said it has approved the transaction whereby Dutch company Transeastern Power acquired OMV Petrom Wind Power S.R.L, whose portfolio includes Dorobantu...
Alro Invests Over $100M in Energy Efficiency
Romanian aluminum smelter Alro Slatina (ALR.RO) said Thursday it will invest over $100 million in energy efficiency programs, part of its 2017-2021 investment plans that amounts to over $190...
Electricity Distribution Firms’ Investments To Be Assessed By Interinstitutional Committee
An interinstitutional committee, which was set up at the proposition of the Energy Ministry, will assess the situation of electrical networks in Romania and the investments undertaken by ele...
Romania Energy Watchdog Postpones Household Gas Price Hike
Romania's energy sector regulator ANRE has postponed a decision to raise the price of natural gas delivered to household consumers by 6% as of October 1 until the Parliament adopts amendment...
Zmelik: CEZ Reluctant To Invest In More Renewable Energy Projects In Romania
CEZ energy group, the largest investor in green energy in Romania, with EUR1.2 billion projects, cut its wind power operation losses by 45% to 229 million (EUR50 million) last year, but the...
Nuclearelectrica Shareholders Approve Special Dividends And Refurbishment Of Cernavoda Unit 1
Shareholders of Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO), operator of the power plant in Cernavoda, on Thursday approved the distribution of special dividends re...
Insolvent Dafora Medias To Resume Trading On Bucharest Stock Exchange
Romanian drilling company Dafora Medias (DAFR.RO), which has been insolvent for two years, will resume trading on the Bucharest Stock Exchange on Monday, September 25, after the Sibiu Court...
Fondul Proprietatea Seeks to Sell 1.45B Shares in OMV Petrom
Romanian investment fund Fondul Proprietatea (FP.RO) has announced it plans to sell a 1.454 billion existing shares in oil and gas company OMV Petrom S.A. (SNP.RO) in an accelerated bookbuil...