Energy
Romanian Transelectrica 9-Mo Profit Falls 30%
Romanian power grid operator Transelectrica (TEL.RO) on Tuesday reported a net profit of RON213 million for the first nine months, 30% lower than in the same period a year earlier.
Romanian Alro Slatina 9-Mo Profit Falls to RON63.8M
Romanian aluminum smelter Alro Slatina (ALR.RO) on Tuesday reported a net profit of RON63.8 million for the first nine months of the year, down from RON72.7 million in the same period a year...
Romperol Rafinare Posts $20.8M Profit In January-September
Romanian oil refining company Rompetrol Rafinare (RRC.RO), member of KMG International group, registered a consolidated net profit of $20.8 million in the first 9 months of 2016, up 41% vers...
Rompetrol Well Services Posts RON4.1M Loss In January-September
Rompetrol Well Services (PTR.RO), a unit of KMG International, the second largest oil group in Romania, on Monday said it registered a net loss of RON4 million in January-September 2016, whi...
Romelectro Upgrades Transelectrica’s Transforming Power Station Bradu
Service provider for the energy industry Romelectro carries out upgrade works at transforming power station Bradu for Romanian state-run power grid operator Transelectrica (TEL.RO), Romelect...
Romelectro To Complete Works At Romgaz New Thermal Power Plant In 2019
The works to be carried out by service provider for the energy industry Romelectro at the new thermal power plant of state-owned natural gas producer Romgaz in Iernut will start next summer...
Hidroelectrica Gross Profit Up 29% In January-September
Romania’s state-owned hydropower producer Hidroelectrica reported a gross profit of RON1.133 billion in the first nine months of 2016, up 29% versus the year-earlier period, the company said...
MET Group Completes Acquisition Of Repower Operations In Romania
Swiss MET Group has completed the acquisition of the operations of electricity supplier Repower in Romania, the companies said in a statement.
Government: Energy Stocks For 2016-2017 Winter To Cost RON2.3B
The Romanian government approved in its Wednesday meeting a decision regarding measures to set up the safety stocks of the national electric-energy system, called the winter program.