Energy
MOL Romania 1Q Gasoline Sales Volume Stable, Diesel Oil Sales Volume Up 13.5%
The volume of gasoline sales in Romania of Hungary’s oil group MOL were stable in the first quarter of 2017, while the volume of diesel oil sales rose 13.5% against the same period a year be...
KDF Energy Widens Losses In January-February
KDF Energy, the third local energy trader which went insolvent since the beginning of the year, (after Transeenergo COM and Arelco Power) registered losses of RON4 million in January and RON...
Vast Resources Starts Gold And Silver Test Production At Manaila Polymetallic Mine
UK-based mining company Vast Resources PLC, listed on the London Stock Exchange, announced that gold and silver test production has commenced ahead of schedule at its Manaila Polymetallic Mi...
Liviu Nistoran Elected Chairman Of Hidroelectrica Supervisory Board
Liviu Nistoran was elected Chairman of the Supervisory Board of Romanian state-run hydropower producer Hidroelectrica, the most valuable company in Romania.
OMV Petrom Mulls Annual Investments Of EUR1B By 2021
The new strategy of Romania's OMV Petrom (SNP.RO) is centered on three strategic pillars, namely enhancing the competitiveness of the existing portfolio, developing growth options and region...
Daniela Lulache No Longer Member Of Nuclearelectrica Board Of Directors, Keeps GM Position By September
Daniela Lulache, the general manager of Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO) since 2013, was not reconfirmed as a member of the company's Board of Directors...
OMV Starts Arbitration Proceedings Against Romanian State For Recovering EUR34M Environmental Costs
Austria's OMV, owner of OMV Petrom (SNP.RO), initiated arbitration proceedings against the Romanian state at International Court of Arbitration in Paris for recovering environmental costs wo...
Enel Launches Natural Gas Supply Services For Residential Customers In Romania
Italian utility group Enel has entered the Romanian natural gas supply market for residential customers, who can opt for a single electricity and natural gas supplier, the company said in a...
Rompetrol Rafinare Expects 14% Higher Turnover, But Threefold Lower Profit In 2017
Romanian oil refining company Rompetrol Rafinare (RRC.RO), which is listed on the main segment of the Bucharest Stock Exchange, targets a 14% year-on-year increase in its gross turnover, to...