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Why Is Romania Polluting More Despite 800 Wind Turbines Installed
Energy

Why Is Romania Polluting More Despite 800 Wind Turbines Installed

After three years and over EUR3 billion investments in 2,000 MW of wind energy, Romania is polluting more than it did before the 800 turbines were put in place.

Tudor Ioana Raluca · 12.03.2013 · 00:00 · 3 min
Nuclearelectrica Restarts Cernavoda Reactor After Generator Problems Solved
Energy

Nuclearelectrica Restarts Cernavoda Reactor After Generator Problems Solved

The second reactor at Romania’s nuclear power plant in Cernavoda was reconnected to the national grid Sunday after it was shut down on March 9 due to some generator control system problems.

Tudor Ioana Raluca · 11.03.2013 · 18:47 · 1 min
Carpathian Gold Mulls Opening Three Gold, Copper Exploitations W Romania
Energy

Carpathian Gold Mulls Opening Three Gold, Copper Exploitations W Romania

Samax Romania, part of Canadian group Carpathian Gold, aims to open three gold and copper exploitations in the western Hunedoara county, which are expected to generate up to $1.2 billion inv...

Manuela Panescu · 11.03.2013 · 18:13 · 1 min
Small Steps Are Better For Romania’s Energy System, Experts Say
Energy

Small Steps Are Better For Romania’s Energy System, Experts Say

Romania should focus its energy strategy on smaller, yet more flexible projects that require lower investments, instead of large energy projects, such as reactors 3 and 4 of the Cernavoda nu...

Oana Gavrila · 11.03.2013 · 00:00 · 4 min
OMV Petrom To Disclose Directors’ Remuneration
Energy

OMV Petrom To Disclose Directors’ Remuneration

Romanian oil company OMV Petrom (SNP.RO) wants to set up a remuneration committee and make public the remuneration of the members of the Executive and Supervisory boards, Sorana Baciu, Strat...

Ioana Tudor · 07.03.2013 · 15:55 · 1 min
Hidroelectrica’s Legal Administrator To Sack 600 People In 2013
Energy

Hidroelectrica’s Legal Administrator To Sack 600 People In 2013

Euro Insol, the legal administrator of Romania’s insolvent power producer Hidroelectrica, will start Friday a layoff program targeting 600 employees with the company’s service and maintenanc...

Manuela Panescu · 07.03.2013 · 15:23 · 1 min
Hidroelectrica To Select 67 Private Managers - Administrator
Energy

Hidroelectrica To Select 67 Private Managers - Administrator

Romania’s insolvent power producer Hidroelectrica will launch a campaign next week to select 67 private managers, the company’s legal administrator Euro Insol said Thursday.

Florentina Dragu · 07.03.2013 · 13:56 · 1 min
Romania's Power Output Down 2.6% On Year In January
Macroeconomics

Romania's Power Output Down 2.6% On Year In January

Romania’s energy output fell 2.6% on the year to 1.93 million tons of oil equivalent in January, mainly due to declining production in the thermal power sector, official data showed Thursday...

Neagu Bogdan Mircea · 07.03.2013 · 10:00 · 1 min
Energy

Electrocarbon Wants To Borrow EUR26M For Micro-Hydro Facilities

Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) wants to obtain non-reimbursable financing of 63.4 million lei (EUR14.5 million) through the European Regional Developmen...

Ioana Tudor · 06.03.2013 · 20:33 · 1 min