Energy
Electromagnetica 9-Month Turnover Down 15% On Year, To RON327M
Romanian electric and electronic equipment maker (ELMA.RO) on Monday reported a 15.2% decline in turnover to 327.1 million lei (EUR73.7 million) and a 14.4% decrease in net profit to RON14.5...
Transgaz 9-Month Net Profit Falls 24% To RON215.2M
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Monday said its net profit fell 24.2% on the year to 215.2 million lei (EUR48 million) in the first nine months, due...
Electrica Invested EUR111M In First 9 Months, Money Went Also To Wind Farm Projects
Romanian state-run energy company Electrica and its subsidiaries invested 501.7 million lei (EUR111 million) in the first nine months of the year, and a part of the money went to two wind fa...
TISE Delegation Will Soon Come To Bucharest For Talks On Oltchim – Official
A delegation of Russian power producer TISE will come to Bucharest most likely next Friday for talks with Romanian Economy Ministry representatives on collaboration in the industry sector, s...
Georgescu: Romania To Invest Privatization Money In Key Energy, Transport Companies
Romania will invest revenues obtained from privatizations in strategic state-owned companies in the energy and transport sectors, Finance Minister Florin Georgescu said Friday.
Nuclearelectrica Restarts Reactor After Emergency Shutdown
Romanian state-run energy producer Nuclearelectrica Friday said it has restarted the second reactor at its Cernavoda nuclear power plant, following an unexpected shutdown two days ago.
Uztel Swings To 9-Month Profit Vs RON2M Loss A Year Ago
Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) Friday said it has swung to net profit of 1 million lei (EUR0.22 million), versus losses a year earlier, on higher revenues.
Retrasib Switches To Loss Of RON1M In First 9 Months
Romanian power transformers manufacturer Retrasib Sibiu (RTRA.RO) Friday said it switched to a loss of 1 million lei (EUR239,000) in the first nine months of 2012, versus profit in the first...
Rompetrol Well Services 9-Month Profit Rises 43% On Year
Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, Friday said its net profit rose 43% on the year to 15.4 million lei (EUR3.4 million) in the first ni...