Energy
Romania Extends Cernavoda Investment Agreement Until December 2013
Romania has extended until December 2013 an investment agreement for the construction of two new reactors at the Cernavoda nuclear power plant in a bid to attract additional funds, governmen...
MOL Sales Volume In Romania Up 4% On Year In First 9 Months
Hungarian oil company MOL on Wednesday said its fuel sales in Romania rose 4% to 347,000 tons in the first nine months of 2012, from 333,000 tons in the year-earlier period.
Dafora’s Net Loss Widens After First Nine Months
Romanian construction and oil drilling company Dafora Medias (DAFR.RO) Wednesday reported a net loss of 11.94 million lei (EUR2.6 million) for the first nine months, wider than RON7.1 millio...
Transelectrica Posts 9-Month Net Profit Of RON19.2M, Down 87.5% On Year
Romanian state-run power grid operator Transelectrica (TEL.RO) Wednesday reported a net profit of 19.2 million lei (EUR4.2 million) for the first nine months, 87.5% lower than in the year-ea...
Economy Ministry Will Resume Private Management Selection At State Companies
Romania’s Economy Ministry said Tuesday it will resume the selection of private managers at state-owned companies included in its portfolio.
Two Investment Funds Buy Wind Farm Project In SE Romania
Investment funds Marguerite and EnerCap Power bought 80% of an 80 MW wind farm project to be developed in Constanta county (southeastern Romania) from Cypriot company EP Global Energy.
Oltchim Employees Resume Protests Over Unpaid Wages
Around 400 employees of Romanian chemical company Oltchim (OLT.RO) staged their second consecutive day of protests Tuesday, asking to be paid their back wages for September and October.
Oltchim Employees Receive Back Wages For September By November 27
The employees of Oltchim Ramnicu Valcea will receive half of their back wages for September until November 15, while the other half will be paid by November 27, according to the plant’s mana...
Chimcomplex 9-Month Revenues Up 5% To RON154.3M
Romanian chemical plant Chimcomplex Borzesti (CHOB.RO) on Monday reported revenues of 154.3 million lei (EUR34.13 million) in the first nine months of 2012, up 5.7% compared with RON146 mill...