Energy
Electricity And Thermal Power Producer ELCEN Files For Insolvency
The Board of Directors of state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) decided to file for insolvency on Thursday, due to the financial situation of the...
Catalin Stancu Appointed New CEO Of Electrica
The Executive Board of Romanian electricity distribution and supply company Electrica (EL.RO), one of the most valuable companies majority owned by the state, has appointed Dan Catalin Stanc...
Romgaz Signs RON76.5M Contract With Transgaz
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) has signed a contract of RON76.54 million whereby it will deliver natural gas for technological consumption to natural gas trans...
Linde Gaz To Continue Hiring In Romania
Linde Gaz Romania, the local subsidiary of Germany’s Linde, world’s largest supplier of industrial gases, says that so far the 2016 business targets have been accomplished and it hopes to se...
Alro Slatina Invests Over RON100M In Research-Development
Romanian aluminum producer Alro Slatina (ALR.RO) is acquiring three research-development (R&D) equipment within a EU-funded project worth over RON115 million.
Transgaz Accessed EUR179M EU Grant For BRUA Gas Pipeline Construction
Romanian natural gas transmission company Transgaz (TGN.RO) has accessed a EUR179 million grant, part of Connecting Europe Facility, for the works at the Romanian section of the natural gas...
Competition Council Looks Into Takeover Of Repower Furnizare Romania By MET Holding AG
Romania’s Competition Council on Thursday said it is looking into the takeover of private power supplier Repower Furnizare Romania SRL by MET Holding AG and its Romanian unit, MET Romania En...
Dutch Group NN Controls A 5.01% Stake In Transgaz
Dutch group NN holds indirectly a 5.01% stake in Romanian natural gas transmission company Transgaz (TGN.RO), namely 589,697 shares, following a transaction on the secondary market of Buchar...
Vast Resources Sells In Switzerland All Concentrates Produced At Manaila Polymetallic Mine
UK-based mining company Vast Resources, with operations in Romania and Zimbabwe, said it signed a long-term off-take agreement with Transamine Trading SA, the Geneva-based global trader of n...