Energy
Romgaz To Pay Dividends of RON3.82/Share From 2016 Profit
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) will pay gross dividends of RON3.82/share, totaling RON925 million, shareholders decided in a general meeting Thursday.
OMV Petrom Invests EUR5M In Modernizing Test Center At Petrobrazi Refinery
OMV Petrom, the largest oil and gas producer in Southeastern Europe, on Wednesday said it invested nearly EUR5 million in modernizing the center for the fuel quality control within the Petro...
E.ON Plans to Invest Over RON450M in Romania This Year
German utility group E.ON plans to invest over RON450 million in Romania this year, E.ON Romania general manager Frank Hajdinjak said Tuesday.
Court Upholds Energy Holding SRL Antitrust Fine
Romania's Competition Council won a lawsuit against Energy Holding SRL as the Bucharest Court of Appeals upheld an antitrust fine.
Romgaz Medias Has New Executive Board Chairman
The Executive Board of Romania’s largest natural gas producer Romgaz Medias (SNG.RO) approved the appointment of Gheorghe-Gabriel Gheorghe as Chairman, replacing Sebastian Tcaciuc who was ap...
Lukoil Romania Switches To RON16M Loss; Turnover Falls Nearly 2%, To RON5.4B, In 2016
Lukoil Romania, one of the leading players on the local oil market, switched to loss in 2016, posting a negative result of RON16.2 million (EUR3.6 million), according to Finance Ministry dat...
Oltchim Could Double Turnover with EUR20M Investments
Romanian chemical plant Oltchim has three production lines that don't require large investment and could double its turnover, said Virgiliu Bancila, head of chemical producer Chimcomplex Bor...
European Commission Opens Investigation Into Gas Export Restrictions From Romania
The European Commission has opened a formal investigation to assess whether Romania's gas transmission system operator Transgaz has been hindering gas exports from Romania to other EU Member...
Rompetrol Downstream Opens Its First Gas Station With Electric Vehicle Charging Points
Rompetrol Downstream, the retail company of KMG International, is opening the first gas station with electric vehicle charging points, on Soseaua Chitila 128A Roadway, Bucharest, thus, showi...