Energy
Enel Connects To Grid Three New Romanian Wind Farms
Enel Green Power, a unit of Italy’s utility Enel, has connected to the grid three new wind farms located in southeastern Romania, with a total capacity of 206 megawatts, the company said in...
Expert Petroleum To Supply OMV Petrom RON1.4B Services For Production Enhancement
Expert Petroleum will provide Romania's leading oil and gas group OMV Petrom (SNP.RO) services for production enhancement in the western Timis county, following a deal priced at 1.39 billion...
Prospectiuni Wins EUR80M Contract To Seek Oil And Gas For Petrom
Prospectiuni (PRSN.RO), the geological prospecting company owned by Romanian businessman Ovidiu Tender, has won a EUR79.8 million contract for 2D and 3D onshore prospecting works for OMV Pet...
Gazprom Wants To Open 50 Gas Stations In Romania By End Of 2013
Gazprom, the world’s largest natural gas producer, wants to open 50 filling stations in Romania by the end of next year, after the recent opening of its first station on the local market, in...
Romania Has 800 Turbines, Investments In Wind Farms Exceed EUR1.5B In 2012
Romania has wind farms with a total installed capacity of about 2,000 megawatts and remains one of the world’s most attractive countries for investments in renewable energy.
Rompetrol Expects $9B Turnover In 2013 Vs $7B Forecast In 2012
Romania’s second-largest oil group Rompetrol expects its turnover to reach $9 billion in 2013, compared to $7 billion estimated for 2012, said the group's senior vice-president Azamat Zhangu...
2013 Brings New Challenges, Including Electricity, Natural Gas Price Increases
Romanians will face new challenges next year when several measures approved by the local authorities will take effect, most concerning price increases.
Larger Romanian Companies Went Insolvent In 2012
Mic.ro, Hidroelectrica, Tnuva, a few real estate developers and 15,000 other businesses were unable to pay their debts this year and were forced to file for insolvency and part of them went...
Rompetrol To Build 30 New Gas Stations In 2013, Doesn't Rule Out Acquisitions
Rompetrol, the second largest local oil company, says it could open about 30 new gas stations built from the ground up in 2013. It also does not rule out acquisitions.