Energy
MOL Romania Opens 2 New Gas Stations In EUR1.3M Investment
MOL Romania, the local unit of Hungary’s oil and natural gas company MOL, Monday said it has invested EUR1.3 million in two new gas stations in Romania, bringing its local network to 133 uni...
Remus Vulpescu Says Amicable Agreement Would Be Preferable At Rompetrol
Remus Vulpescu, former head of Romania's industry privatization authority OPSPI, freshly appointed as member of the board of directors of Rompetrol Rafinare (RRC.RO), said the government sho...
Rompetrol Rafinare Appoints Three New Board Members
Romanian Economy Ministry has appointed two new members in the Board of Directors of oil refinery Rompetrol Rafinare (RRC.RO), the company said in a statement Friday.
Transgaz Trading For Less Than IPO Price, Yet Investors Made 44% From Dividends
The delay of the sale of 15% in gas transmission company Transgaz Medias (TGN.RO) by the government via a public offering on the stock market has driven the share price below the price of it...
GDF Suez Romania Follows In Parent Group’s Footsteps With Bond Issue
Eric Stab, president and general manager of GDF Suez Energy Romania, the largest gas distributor on the local market, explained that the financing model used by parent group GDF Suez counted...
US Ambassador: Romania Needs $10B Investment In Energy Infrastructure
Romania could become an important energy hub in Europe once again, provided it can attract around $10 billion in infrastructure investments, US Ambassador to Bucharest, Mark Gitenstein said...
Transelectrica Replaces General Manager, Board Chairman
Romania’s Economy Ministry has appointed Andrei Gabriel Benghea-Malaies as the new general manager of state-run power grid operator Transelectrica (TEL.RO), the energy company said in a stat...
GDF SUEZ Energy Mulls Buying More Wind Projects In Romania
GDF Suez Energy Romania is considering purchasing several wind farm projects in the country, general manager Eric Stab said Thursday.
Bucharest Bourse Expects More Corporate Bonds In Next Year
The Bucharest Stock Exchange estimates more companies will list corporate bonds on its platform in the next 12 months, following the success of a five-year bond issued by GDF Suez Energy Rom...