Energy
Romania Sets Off Checkups At All State-Run Energy Companies
Romanian Minister-delegate for Energy Constantin Nita said Wednesday he will have the minister’s control body check all contracts concluded by state-owned energy companies in a move to cut c...
Oltenia Energy Holding To Build 600MW Power Plant In Partnership With Chinese Firm
Romania will export to Austria and Turkey the energy produced at the thermal power plant Complexul Energetic Oltenia will build in partnership with a Chinese firm, Laurentiu Ciurel, the gene...
GE Installed EUR1B Worth Of Wind Turbines In Romania
General Electric has installed 265 wind turbines in Romania so far, each of which with a capacity of 2.5 megawatts. At an average cost of EUR1.5 million for installing one megawatt in a wind...
Franklin Templeton: Private Manager Selection At CE Oltenia Faulty
Franklin Templeton, administrator of investment fund Fondul Proprietatea (FP.RO), said Tuesday the appointment of Laurentiu Ciurel as private manager at Romanian power company Complexul Ener...
ANRE: Gas Producers To Sell 45% Of Output Via Auction
Romanian state-run natural gas producers will have to sell via open auction 45% of the quantities extracted in 2013, according to an order of the country’s energy watchdog ANRE.
Economy Ministry To Sell Owned Companies By End-April
Romania will privatize and launch initial public offerings targeting companies under the authority of the Economy Ministry by the end of April, the ministry head said Tuesday.
China’s Sinovel Mulls Starting Wind Turbine Production In Romania
Sinovel Wind Group Co, China's largest wind turbine producer, aims to partner up with Romanian Faur plant, held by brothers Emil and Marius Cristescu, and start production in Bucharest.
SOCAR Expands Romanian Gas Station Network To 14 Units, Plans New Openings
Azeri state-run oil company SOCAR has expanded its Romanian gas station network to 14 units and plans new openings in 2013.
GDF Suez: Romania’s Planned Tax On Natural Monopolies Should Be Passed To Consumers
Romania’s planned tax on natural monopolies will reduce the financing capacity of companies and hinder new investments, GDF Suez Energy Romania said Tuesday.