Energy
Petrolexportimport Net Profit Rises Over Fourfold In 2012
Romanian fuels wholesaler Petrolexportimport (PEI.RO) Thursday said its net profit rose over fourfold to 1.06 million lei (EUR0.24 million) in 2012, from RON0.23 million a year earlier.
CEZ Romania 2012 Production, Trading EBITDA Rises To EUR103M
CEZ Romania, a unit of Czech power group CEZ AS, reported operating profit before taxes of CZK2.6 billion (EUR103 million) from production and trading operations in 2012, more than double on...
Rompetrol Rafinare 2012 Loss Narrows To $157M
Romanian Rompetrol Rafinare (RRC.RO), the refining unit of the country's second-largest oil group Rompetrol, Thursday said its net loss narrowed 39% to $156.8 million in 2012, from $173.7 mi...
Prospectiuni Turnover Fell Slightly In 2012 To RON314M
Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) Thursday reported turnover of 314.28 million lei (EUR70.5 million) for 2012, down 0.3% from RON315.29 million in 2011.
Azomures Plans $200M Investments In Next Three Years
Romanian chemical fertilizer maker Azomures (AZO.RO) plans to invest $200 million in the next three years, mainly to boost efficiency, the company’s general manager Mihai Anitei said Thursda...
Vosganian Says State Aid Should Be Granted To Oltchim By Mid-Year
Romania’s Economy Minister Varujan Vosganian on Thursday said state aid should be granted to chemical plant Oltchim Ramnicu-Valcea (OLT.RO) by the middle of the year, or it will no longer be...
Romania Energy Exchange Might Launch Natural Gas Platform In April
Romania’s energy exchange OPCOM could launch a new platform for natural gas trading in April, the energy regulatory authority ANRE said Thursday.
Hanea, Statoil: Romania May Store Carbone Dioxide In Empty Ore Deposits
Romania may store carbon dioxide in exploited deposits in the southern parts of the country, Thursday said Remus Hanea, head of research of Statoil's fast modeling updating department.
Smart Group: Some 40% Of A Solar Power Project May Be Developed With Romanian Resources
The solar power industry may create new jobs as a significant part of a photovoltaic project may be developed with Romanian resources, Halil Demirdag, CEO of power producer Smart Group, said...