Energy
Clash Continues But Green Energy Producers Get Subsidies Of Over EUR160M And Investments Go Ahead
Green power has been the hottest topic in the energy sector since the beginning of this year, with the prospect of changes to the support scheme pitching against one another investors, the a...
Romania Approves EU Financing For Several Green Energy Projects
The Romanian Economy Ministry Monday signed 11 financing contracts worth 670 million lei (EUR153.4 million) for several energy efficiency and renewable energy production projects.
GDF Suez Energy Romania 2012 Net Profit Rises 51% To RON354.7M
GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, registered net profit of 354.75 million lei (EUR79.6 million) in 2012, up 51.4% on the year.
Romania-Russia Partnership In Gas Sector Could Be Affected By EU Regulations - Official
The partnership between Romania and Russia in the natural gas sector is working as it should, but things could get bumpy due to some problematic EU regulations, the head of Russian Federal A...
Hidroelectrica Wants To Buy Telecom Services For RON16.9M
Romanian state-owned hydropower producer Hidroelectrica will organize an auction at the beginning of June to acquire telecommunications services.
Enel To Invest EUR80M In Solar Power Projects After Investing EUR500M In Wind Farms
Enel Green Power (EGP), the renewable energy division of Italian utilities group Enel, intends to enter the Romanian solar energy sector and develop farms with a total capacity of 55 MW betw...
Companies Under Economy Ministry’s Umbrella Privatized By 2016
Romanian Economy Minister Varujan Vosganian Thursday said he wants to privatize all companies in the ministry’s portfolio by the end of the government’s mandate in 2016, with the exception o...
Romanian, Czech And Swedish Investors Bid For 70% Of Available Transgaz Shares
Romanian, Czech and Swedish investors subscribed for 70% in the secondary public offering of Romania’s state-run natural gas transporter Transgaz (TGN.RO), the bookrunners on the deal said W...
Hidroelectrica Expects Record Profit Of RON434M In 2013
Romanian state-run hydropower generator Hidroelectrica Wednesday reported a pretax profit of 144 million lei (EUR32.97 million) for the first quarter and said it expects a record full-year p...