Energy
Economy Ministry To Transfer Control Of Transelectrica, Transgaz To Finance Ministry - Sources
Romania’s Economy Ministry will transfer its control over the shares in state-run power grid operator Transelectrica (TEL.RO) and natural gas transporter Transgaz (TGN.RO) to the Finance Min...
Romgaz Mulls Selling RON88M Worth Of Electricity
Romanian state-run natural gas producer Romgaz Medias plans to sell around 430,000 megawatt hours of electricity on the local energy exchange OPCOM in a bid to raise 87.7 million lei (roughl...
Siniat Romania Starts Construction Of New Plasterboard Plant In June
Siniat Romania, a unit of Belgian industrial group Etex, will start the construction of a plasterboard factory in Turceni, southern Romania, in June.
Grup Servicii Petroliere To Drill In Barents Sea For Gazprom
Grup Servicii Petroliere, part of Upetrom group owned by businessman Gabriel Comanescu, won a new contract with Gazprom, the world’s largest natural gas producer, for oil exploration in the...
Basescu Urges Exxon, OMV-Petrom To Render Romania Regional Hub For Black Sea Operations
Romanian president Traian Basescu Wednesday proposed ExxonMobil and OMV-Petrom’s delegation to render the country a regional hub for zonal operations.
Oltchim Administrators Propose Split-up Before Privatization
The legal administrators of Romanian insolvent state-owned chemical plant Oltchim recommend the company’s privatization either by setting up a special purpose vehicle, which takes over the p...
Bogdan Stanescu Proposed As Special Administrator Of Romania’s Chemical Plant Oltchim
Romania’s Economy Minister Varujan Vosganian has proposed Bogdan Stanescu as special administrator of insolvent state-run chemical plant Oltchim Ramnicu-Valcea (OLT.RO).
Enel Invested Over EUR650M In Romanian Wind Energy In Three Years
Italian group Enel, which has become the largest private energy distributor in Romania following privatizations, reached investments of over EUR650 million in wind farms on the Romanian mark...
Enel Green Power Committed EUR251M To Romania Wind Projects In 2012
Enel Green Power, a unit of Italy’s utility Enel, has invested EUR251 million in its Romanian wind energy network in 2012, the company said in its financial report Tuesday.