Energy
Tiriac Energy Inaugurates First Four Franchised Gas Stations
Tiriac Energy, the power division of Tiriac Group, on Friday said it inaugurated the first four franchised gas stations of its filling station network, following an investment of EUR200,000,...
Nuclearelectrica 1Q Net Profit Up Nearly 26% To RON84M
Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO), operator of the power plant in Cernavoda, on Friday reported a net profit of RON84.05 million in the first quarter of 2...
Tiriac Energy CEO: We’ll Have More Than Ten Franchised Gas Stations By Yearend
Tiriac Energy will open four franchised gas stations next week, following a EUR200,000 investment, which is the first step of the group held by businessman Ion Tiriac on the EUR10 billion a...
Sebastian Tcaciuc Elected Chairman Of Romgaz Executive Board
The Executive Board of Romania’s largest natural gas producer Romgaz Medias (SNG.RO) on Thursday elected Sebastian Tcaciuc as Board Chairman, a non-executive position.
Romgaz Medias Posts RON565M Net Profit And RON1.4B Turnover In 1Q/2017
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) on Thursday reported a net profit of RON565 million for the first quarter of 2017, up 15.7% from RON489 million in the year-earl...
OMV Petrom’s Net Profit Doubles To RON618M, Sales Rise 27% In 1Q/2017
Romania's OMV Petrom (SNP.RO), majority owned by Austria's OMV, registered a net profit of RON618 million in the first quarter of 2017, double from RON288 million in the year-earlier period,...
Oil Product Wholesaler Artoil Plans To Double Revenue To RON400M In 2017
Artoil, an oil product wholesaler based in Timisoara has seen its revenue go up from 5 million lei (EUR1.1 million) to RON200 million in five years and plans to double it to RON400 million i...
AEM Timisoara Eyes EUR92M Turnover In 2017
Timisoara-based company AEM, specialized in manufacturing and supplying devices and meters used to measure electricity and natural gas, targets a turnover of EUR92 million in 2017, higher th...
Enel To Install Over 150,000 Smart Meters In Muntenia Sud, Dobrogea And Banat In 2017
Electricity distribution companies of Enel group will install over 150,000 smart meters in 2017, in the regions where they operate in Romania – Muntenia Sud, Dobrogea and Banat, Enel said in...