Energy
Government Approves Sale Of CE Hunedoara Through Sealed-Bid Auction
Romania’s Government Wednesday approved the privatization strategy for energy holding CEn Hunedoara.
Gheorghe Calburean Resigns As GM Of Dafora Medias
Businessman Gheorghe Calburean, owner of Romanian drilling company Dafora Medias (DAFR.RO), has resigned from the position of general manager and will be replaced by Dan Popovici.
Green Energy Investors To Flee Romania If Aid Scheme Is Adjusted - Association
The reduction of state aid granted to renewable energy producers is detrimental to the sector and will cause many companies to leave the market, according to the Romanian Photovoltaic Indust...
Romania Expects Applications Of Manager Candidates For State Companies By April 2
Professional managers interested in running Romanian state-owned electricity supplier Electrica SA, power company Complexul Energetic Hunedoara and power grid operator Transelectrica have un...
Siemens: Green Power Support Scheme Should Not Give Equal Treatment
The economy could benefit from the renewable energy boom if investors were rewarded based on the amount of components they buy from the local market for their projects, says George Catalin C...
Romania To Sell CE Hunedoara Through Sealed-Bid Auction
Romania’s Government has changed the privatization strategy for CEn Hunedoara and plans to sell a 51% stake in the energy holding to a strategic investor through a sealed-bid auction, instea...
Former Administrator Of Tractorul Brasov Buys 12-Ha Land From CRED For EUR2.5M
Romanian businessman Silviu Savin, former administrator of Flavus Investitii, which acquired the assets of Tractorul Brasov in 2007, will buy a 12-hectare land in Iasi from Cefin Real Estate...
Alro's Future In Romania Depends On Adjusting Green Certificate Scheme - CEO
Romanian aluminum smelter Alro Slatina’s (ALR.RO) presence on the local market depends, in the short run, on the reduction of state aid granted to renewable energy producers, Gheorghe Dobra,...
Transelectrica Sees 5% Increase In 2013 Pretax Profit
Romanian state-run power grid operator Transelectrica (TEL.RO) estimates its pretax profit will rise 5% to 44.6 million lei (EUR10.2 million) in 2013, from RON42.5 million a year earlier.