Energy
Energy Trader Tinmar Aims To Produce 50 MW Of Solar Power
Romanian power supplier and energy trader Tinmar has entered the solar power production market and aims to install photovoltaic panels with a capacity of 50 megawatts.
Romania Might Increase Installed Solar Power Capacity To 1,500 MW By 2016
The installed power of photovoltaic panels in Romania might reach 1,500 MW by 2016, 100 MW more than the capacity of the two reactors at the country’s sole nuclear power plant in Cernavoda.
Energobit To End 2012 With 20% Higher Turnover, Over 900 Employees - Executive
Romanian engineering group EnergoBit expects a nearly 20% year-on-year increase in turnover in 2012 to over EUR160 million due to ongoing projects and investments.
Basescu: It’s Time To Resume Gold Or Copper Mining Exploitation
President Traian Basescu said Friday evening "it’s time" to resume gold or copper surface mining exploitation in order to create new job opportunities.
Hidroelectrica Sells RON35.6M Worth Of Electricity
Romanian power producer Hidroelectrica Friday sold electricity worth 35.6 million lei (EUR7.8 million) on the local energy exchange OPCOM, after having raised roughly RON220 million at sever...
Law Firm: Banks Will Get Rid Of “Skeletons” When New Projects Turn Profitable
Francisc Peli, founding partner of law firm PeliFilip and one of the most respected lawyers on the real estate segment, says management activities currently occupy 80% of his time.
Borza: There Are In Fact 500 “Smart Guys” At Hidroelectrica
Money has been sucked out of Hidroelectrica through 500 overvalued commercial contracts, and the company’s ten contracts for selling electricity were only the tip of the iceberg.
Hidroelectrica Sells EUR22.4M Worth Of Electricity
Romania’s insolvent power producer Hidroelectrica Thursday sold 101.6 million lei (EUR22.4 million) worth of electricity on the local market OPCOM, energy exchange data showed.
Transelectrica Names New Provisory Surveillance Council
The stockholders of Romanian state-run power grid operator Transelectrica (TEL.RO) chose Thursday a new provisory Surveillance Council CS, which includes the former minister delegate for Bus...