Energy
Bogdan Matei Appointed Sales Manager Of Enel Energie And Enel Energie Muntenia
Bogdan Matei has been appointed sales manager of electricity suppliers Enel Energie and Enel Energie Muntenia held by Enel group in Romania.
EUR180M ParkLake Mall Runs On Electric Generators
ParkLake, the 70,000 square meter mall in which Portugal’s Sonae Sierra and Ireland’s Caelum Development invested EUR180 million, is running on electric generators because its existing grid...
Hidroelectrica Expects To Top RON1B Gross Profit Threshold After First 8 Months Of 2016
Romania’s state-owned hydropower producer Hidroelectrica, which underwent a restructuring process during insolvency, expects to end the first eight months of 2016 with a gross profit of over...
Transelectrica’s Supervisory Board Has Two New Members
Dorin Alexandru Badea, executive director of the Treasury and Financial Markets Division at Eximbank, and Manuel Costescu, state secretary at the Economy Ministry, were appointed members in...
MOL Enters Top Three On Fuel Retail Segment
MOL Romania, the local subsidiary of Hungary’s MOL group, which has pursued one of the most aggressive expansion policies on the local market, says it is not among the top three fuel retaile...
SOCAR And NIS Far Behind The 400 Gas Station Target
Azerbaijan’s SOCAR group and Gazprom-held Serbian NIS group were supposed to have more than 400 gas stations in Romania by now, but only have about 50 stations together, according to the lat...
OMV Petrom Continues Production Contract In Ticleni Area With New Partner
Romania's largest oil and gas company OMV Petrom (SNP.RO), majority owned by Austria's OMV, has announced the continuation of the production enhancement contract in Ticleni area, Gorj county...
Tradeville: Investors Disappointed By Energy Companies' Results In 2Q
Local oil and natural gas producers reported lower revenues and profitability, failing to take advantage of the opportunities on the international markets, according to a report by brokerage...
Major State-Run Energy Companies On Stock Exchange Sit On Almost EUR1B Cash
The five largest publicly listed energy companies that are either state-run or in which the government still holds a significant stake had 4.39 billion lei (EUR984 million) cash in their acc...