Energy
Nuclearelectrica Restarts Reactor After Unscheduled Shutdown
Romanian state-run energy producer Nuclearelectrica Thursday said it has restarted the second reactor at its Cernavoda nuclear power plant, following an unexpected shutdown a day earlier.
Leu Closes Flat Vs Euro In Lackluster Trade
Romania’s leu was stable against the euro Wednesday and closed roughly flat on the day, amid a quiet market.
Nuclearelectrica Reactor Shuts Down Unexpectedly
A reactor at Romania’s state-run energy producer Nuclearelectrica shut down unexpectedly earlier Wednesday, company officials said.
Lucian Isar May Be Appointed Interim Board Chairman Of Transgaz
Romanian former minister delegate for business environment Lucian Isar could be appointed interim Board Chairman of state-run natural gas transporter Transgaz Medias (TGN.RO), according to a...
Energy Exchange Boasts Three Times Higher Trading Volumes In 2012
The last three months of 2012 were very intense for the bilateral contracts platform of energy exchange OPCOM, with 190 out of the year’s 254 transactions sealed in the period.
PCC Increases Stake In Oltchim To 32.3%
Germany's PCC SE increased its stake in Romanian chemical company Oltchim (OLT.RO) by 14.02% after taking over Cyprus-registered firm Polyolt Holding Limited, owned by investment fund Carlso...
Romania Seeks Investors For 1,000MW Hydropower Plant
Romania’s government is searching for investors to finance the construction of a 1,000-megawatt hydropower plant in Tarnita-Lapustesti, a project valued at EUR1.2 to EUR1.4 billion, minister...
Germany’s E.ON Opens Business Service Center In Cluj-Napoca
German utility E.ON Tuesday opened a new business service center in Cluj-Napoca, northwest Romania, which will provide mostly accounting services to the group’s global units.
Petrom LPG Changes Names Into Gaspeco L&D After Takeover By Crimbo Gas
Romania’s liquefied petroleum gas Petrom LPG, bought by Crimbo Gas International from the country's largest oil company OMV Petrom (SNP.RO), changed its name into Gaspeco L&D.