Energy
Alro Slatina Names Marian Nastase As New Board Chairman
Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, on Friday appointed Marian Nastase as the new chairman of the Board, and Frank Muller as vice-chairman of th...
ANRE: Romania Could Export Natural Gas In Second Half Of 2013
Natural gas exports from Romania towards European Union member states will be possible starting with the second half of 2013, the country’s energy regulator ANRE head Nicolae Havrilet told M...
INS: Romania's Power Output Down 2% In First Ten Months
Romanian energy output fell 2.1% on the year to 19 million tons of oil equivalent in the first ten months, on declining production in the hydropower and nuclear sectors, official data showed...
Over EUR2.5 Billion Invested In 21 Wind Farms In Romania
A number of 21 large wind farms were either operating or undergoing testing in Romania at the beginning of December, following investments of over EUR2.5 billion, according to the latest dat...
Gazprom’s NIS Recruits Former Petrom Executives To Build Romanian Management Team
Serbian group NIS, controlled by Russian giant Gazprom, has recruited several former executives of local oil companies this year, especially from OMV Petrom (SNP.RO), to build a management t...
Sweden’s Usitall Scraps Investment Projects In Romania
Swedish waste-to-energy developer Usitall on Thursday said it will discard its plans to invest up to EUR600 million in Romania to build waste-based power plants, citing the local authorities...
OMV Petrom, ExxonMobil Begin Large 3D Seismic Survey In Black Sea
Romanian dominant oil company OMV Petrom (SNP.RO) and ExxonMobil Exploration and Production Romania have started a large 3-D seismic survey in the Black Sea, Petrom said in a statement Wedne...
OMV Petrom Mulls Selling RON116.6M Worth Of Electricity
Romania’s leading oil company OMV Petrom (SNP.RO) plans to raise 116.6 million lei (EUR25.6 million) from selling 0.5 terawatt hours of electricity on the local energy exchange OPCOM.
Innovative Firms Registered Turnover, Capital Increases In 2008-2011 - Survey
Romanian innovative firms have registered turnover and capital increases since the beginning of the crisis, and their gross value added (GVA) climbed 24% between 2008 and 2011, according to...