Energy
Bostina & Asociatii To Represent Electrica In Paris Court
Bostina & Asociatii, one of the biggest law firms in Romania, will represent Electrica, the country's only state-run electricity distribution and supply company, at the International Court o...
GE To Pay $3.3B For Lufkin, Which Owns Plant in Romania
U.S. corporation General Electric (GE) will acquire Texas-based oil and natural gas equipment producer Lufkin Industries for $3.3 billion. Lufkin is present in 40 countries, including Romani...
OPSPI Names Four Members In Transgaz Executive Board
Romania's industry privatization authority OPSPI Friday appointed four members in the executive board of state-owned natural gas transporter Transgaz following a private manager selection pr...
Oltchim Employees To Protest Outside Government HQ Tuesday
About 1,000 employees of insolvent chemical plant Oltchim Ramnicu Valcea (OLT.RO) will hold a protest rally outside the Government building in Bucharest Tuesday, requiring an urgent meeting...
Production Of Wind And Solar Projects Worth EUR500M Kicked Off In First Two Months
Investors in green energy kicked off production at facilities with a capacity of EUR350MW in the first two months of the year, following investments of around half a billion euros.
Law Firm Popovici Nitu & Asociatii 2012 Revenue Grew 10% But With Additional Costs
Popovici Nitu & Asociatii law firm, one of the largest on the Romanian market, recorded a 10% rise in gross revenue against EUR12.8 million in 2011, thanks to a stable portfolio of clients a...
Sfantu Gheorghe Authorities Want To Build Photovoltaic Park Worth Around EUR11M
Local authorities in Sfantu Gheorghe, central Romania, want to build a photovoltaic park worth 47.5 million lei (around EUR11 million).
Romania's Power Output Down 7.1% On Year In First Two Months
Romanian energy output fell 7.1% on the year to 3.56 million tons of oil equivalent in the first two months, hit by falling production in the thermal and nuclear power sectors, official data...
What Is The Price Of Transgaz Offering And How Can Investors Buy Shares?
The intermediaries of the secondary public offering to sell 15% in Romanian natural gas transmission company Transgaz seem to have learned from the “mistakes in the past” and sought to struc...