Energy
Cernavoda Nuke Project May Be Co-financed By Chinese Companies
Romania’s long-delayed nuclear power project in Cernavoda will most likely be completed with financial assistance from Chinese investors, deputy economy minister Rodin Traicu said Wednesday.
TISE Delegation Expected To Bucharest For Talks On Oltchim Privatization
A delegation of Russian energy producer TISE will arrive to Bucharest in a few days for talks on a “strategic collaboration” in the chemical and oil sectors, deputy economy minister Rodin Tr...
Azomures To Be Delisted From Bucharest Bourse Friday
Romanian chemical fertilizer maker Azomures (AZO.RO) will be delisted from the Bucharest Stock Exchange on Friday after Swiss grain trader Ameropa Holding AG has completed the procedure to f...
Transgaz Board Chairman Likely To Be Revoked In January
The shareholders of state-run natural gas transporter Transgaz Medias (TGN.RO) will convene in General Assembly on January 4 to discuss revoking the company’s Board Chairman Victor Alexandru...
Romania Extends By One Year The Sale Deadline Of 10% Stake In Electrica Moldova, Oltenia
The Romanian Government aims to extend by December 31, 2013 the right of electricity producers Electrica Moldova and Electrica Oltenia's employees to buy up to 10% of the stake in the two co...
Transelectrica To Upgrade Power Station For EUR21.1M
Romanian state-owned power grid operator Transelectrica (TEL.RO) signed an agreement with companies Alstom Grid Gmbh, SC Alstom Grid Romania, Electromontaj and Retrasib to upgrade power stat...
Constitutional Court To Issue Ruling In Electrica Moldova-E.ON Litigation - Sources
The Romanian Constitutional Court will decide if granting up to 10% of former electricity producer Electrica Moldova to its employees is constitutional, after the International Court of Arbi...
Hidroelectrica Lifts Force Majeure On Power Delivery
Romanian state-owned hydropower producer Hidrolectrica lifted its force majeure on electricity delivery on December 1, as hydrological conditions have improved, the company’s court-appointed...
Storm Shuts Down Nuclear Reactor In Romania
A powerful thunderstorm last night forced the shutdown of one of the two reactors at the Cernavoda nuclear power plant, southeastern Romania, the plant’s operator said Monday.