Energy
Oil Terminal 1H Profit Down 21.6%, to RON11.4M
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO), the biggest harbor operator in Romania, reported a net profit of RON11.4 million in the first six months, down 21.6% o...
Rompetrol Rafinare Posts $57.5M Profit In 1H/2017
Rompetrol Rafinare Group, one of the largest in Romania, registered a net turnover of $1.3 billion and earnings before interest, taxes, depreciation, and amortization (EBITDA) of $57.5 milli...
Nuclearelectrica 1H Net Profit Rose Over 70-Fold To RON133.7M
Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO), operator of the power plant in Cernavoda, on Friday reported a net profit of RON133.7 million in the first half of 2017...
Oltchim Records EUR6.1M Profit in 1H/2017
Romania's state-owned chemical plant Oltchim, insolvent since January 2013, on Thursday reported a profit of EUR6.1 million for the first six months of 2017 and a turnover of EUR100 million.
Romania OMV Petrom Posts RON592M Profit in 2Q/2017
Romania's oil and gas company OMV Petrom (SNP.RO), controlled by Austria's OMV, on Thursday reported a net profit attributable to shareholders of RON592 million for the second quarter, nearl...
Romania, China To Speed Up Talks on Energy Investments in Rovinari, Cernavoda
Romania and China will speed up negotiations to build a thermal power plant in Rovinari and discussed the construction of a third and fourth nuclear reactor at the power plant in Cernavoda.
Electrogrup: We’ll Make Renewable Energy Equipment When Investment Returns To Romania
The lack of investment in the local renewable energy sector is making some companies in the energy infrastructure construction business turn to markets abroad. One such company is Electrogru...
Transporters Protest Fuel Excise Hikes, Say Will Raise Tariffs
Transporters said Tuesday they will raise tariffs for cargo and passenger transport, will no longer fill their tanks in Romania and may resort to street protests after the government announc...
Romania May Raise Fuel Excise Duties
Excise duties on fuels could be increased, according to a draft amending Romania’s Tax Code, published by the Finance Ministry which says the current excise duties in Romania are very close...