Energy
Law Firm Leroy si Asociatii Names Two New Partners
Law firm Leroy și Asociații, with over 18 years of experience on the Romanian market, has appointed two new partners, Cristina Togan and Eleonora Udroiu, accomplished lawyers with extensive...
Electroalfa To Boost Production Capacity, Hire More People
Electroalfa, a group specializing in low and medium voltage equipment and turnkey energy products, says it ended last year with 122 million lei (EUR27 million) revenue and this year’s budget...
OMV Petrom Hydrocarbon Production Slightly Down In 4Q/2016 Vs 4Q/2015
Romania's OMV Petrom (SNP.RO), majority owned by Austria's OMV, reported a hydrocarbon production of 170,000 kboe/d in the fourth quarter of 2016, compared with 176,000 kboe/d in the same pe...
Transelectrica Notifies Energy Ministry Of Possible Energy Crisis
Romanian state-run power grid operator Transelectrica officially notified the ministries of Energy, Economy and energy regulator ANRE of a potential crisis in the functioning of the national...
Chimcomplex Starts EUR10M Investments in Production, Eyes Oltchim Assets
Chimcomplex S.A., Romania’s largest independent producer of chemicals, indirectly owned by businessman Stefan Vuza, will invest over EUR10 million in a production unit and is looking into th...
Hidroelectrica Sees All-Time High Gross Profit In 2016
Hidroelectrica, the crown jewel of Romania’s energy system, posted record gross profit of 1.5 billion lei (EUR334 million) in 2016, the year it exited insolvency, according to preliminary da...
RCS&RDS’ Digi Energy Beats Enel And ENGIE On Competitive Energy Market
Telecom operator RCS&RDS’ Digi Energy, a company that operates on the local energy market, has grown to about 3.6% share of the competitive market in one year, the highest rise by a newcomer...
Antitrust Watchdog Clears Takeover Of Gas Supply Activity Of C-Gaz&Energy Distributie By CEZ Vanzare
Romania’s Competition Council has cleared the operation whereby CEZ Vanzare SA is taking over the natural gas supply activity, under competition conditions, of C-Gaz&Energy Distributie SRL,...
CEZ Distributie Changes Name Into Distributie Oltenia
CEZ Distributie, owned by Czech utility group CEZ, will change its name into Distributie (Energie) Oltenia, while the other identification data of the company will remain unchanged, the comp...