Energy
Elcomex Starts Goat Farm After Sale Of Wind Farm To Enel
Energy industry group Elcomex based in Constanta (SE Romania), owned by businessman Ion Grecu, will invest EUR30 million in an integrated agricultural business.
Complex Energetic Oltenia’s GM Named Private Manager
The general manager of Complexul Energetic Oltenia, Laurentiu Ciurel, was named Monday the company’s private manager, with a four-year mandate.
Romania To Overcharge Local Gas Producers By 60%
The Romanian Government will enforce additional taxes on companies that extract and sell natural gas on the local market, including the Black Sea perimeter, according to an emergency ordinan...
Romania Expects Revenue Of EUR127M From New Tax On Gas, Energy Transport
Natural gas and energy transport companies in Romania will pay a “monopoly” tax applicable in the February 2013-December 2014 interval, according to a draft Government emergency ordinance.
Romania To Apply Special Tax On Natural Resources To Increase Budget Revenue
Companies that exploit and extract natural resources other than natural gas in Romania will pay a special tax of 0.5% of their revenue, which will be applicable between February 2013 and Dec...
Romgaz Becomes Integrated Power Company After Iernut Takeover
Romanian state-run natural gas producer Romgaz Medias has become a vertically integrated power company following the takeover of the Iernut thermal power plant.
InterAgro Group Invests EUR21M In Cogeneration Plant
InterArgro group, owned by Romanian businessman Ioan Niculae, has invested EUR21 million, VAT included, in a 20 MW-cogeneration power plant built within the chemical plant Donau Chem located...
Ribo, ArcelorMittal: It Is Unacceptable That Only 5% Of Wind Turbine Parts Are Made In Romania
A foreign manager says what the Economy minister should have said: Romania stands to gain too little from the green energy boom because most equipment is not built locally.
Petrom Gains RON4B On Stock Exchange In A Month
The shares of Romanian oil-company OMV Petrom (SNP.RO) have returned to the spotlight after several major transactions have been sealed, in which significant stakes were transferred as cash...