Energy
Alro Slatina Has New Financial Manager
Svetlana Pinzari has resigned as financial manager of Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, and has been replaced by Genoveva Nastase, the company...
MOL Romania Opens Two New Gas Station In EUR0.5M Investment
Hungary’s oil and natural gas company MOL said Thursday it opened two new gas stations in Romania, following a EUR500,000 investment, thus expanding its local network to 137 units.
Romanian Economy Minister Calls On EU Commissioner To Approve State Aid To Oltchim
Romanian Economy Minister Varujan Vosganian requested EU Commissioner for Competition Joaquin Almunia to approve a EUR45 million state aid to Romanian chemical plant Oltchim (OLT.RO).
Eurostat: Romania Second Least Energy Import-Dependent In EU
Romania was one of the least dependent countries on energy imports in the European Union in 2011, with a dependency rate of 21%, official data showed Wednesday.
Romania Wants Swift Agreement On Rompetrol Debt
The Romanian authorities and oil group Rompetrol continue negotiations over the latter’s outstanding debt to the state with a view to settle the matter before the parties make a new appearan...
Romgaz To Join OMV Petrom, ExxonMobil In Black Sea Project
Romanian dominant oil company OMV Petrom (SNP.RO) and ExxonMobil Exploration and Production Wednesday signed an agreement with state-run natural gas producer Romgaz to potentially reassign a...
Dafora’s 2012 Loss Widens 11-Times, To RON15.6M
Romanian drilling company Dafora Medias (DAFR.RO), controlled by businessman Gheorghe Calburean, posted losses of 15.6 million lei (EUR3.5 million) in 2012, over 11-fold higher from RON1.39...
Romania Seeks Directors For Nuclearelectrica, Natural Gas Companies
Romania’s Economy Ministry plans to select new members of the Managing Board for three energy and natural gas companies in its portfolio, including state-run nuclear power plant operator Nuc...
Fribourg Investments Takes Over 49% In Romanian Mining Firm
Investment fund Fribourg Investments, majority owned by former Moldovan Premier Ion Sturza, took over 49% in the share capital of Romanian mining firm Romaltyn, and will invest $20 million i...