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Transelectrica Signs MoU For Start Of Procedures To Set Up JV Company For Green Energy Corridor Project
Energy

Transelectrica Signs MoU For Start Of Procedures To Set Up JV Company For Green Energy Corridor Project

Romanian power grid company Transelectrica (TEL.RO) and the other relevant parties designated at the level of each state, respectively AzerEnerji JSC, Georgian State Electrosystem and MVM Zr...

Ecaterina Craciun · 29.05.2024 · 14:24 · 1 min
BSOG Launches Biogas Company in Romania
Energy

BSOG Launches Biogas Company in Romania

Black Sea Oil & Gas SRL (BSOG), a company owned by investment fund Carlyle International Energy Partners and the EBRD, is launching BSOG Energy SRL in Romania, a company focused on biogas pl...

Cristina Bellu · 29.05.2024 · 10:54 · 2 min
Premier Energy Starts Trading At RON2.64B Valuation
Capital Market

Premier Energy Starts Trading At RON2.64B Valuation

Natural gas and electricity supplier and distributor Premier Energy (PE), 71% held by Czech investment fund Emma Holding, debuted on the Bucharest Stock Exchange on Tuesday, May 28, at a cap...

Loredana Frățilă-Cristescu · 28.05.2024 · 23:48 · 1 min
EBRD Buys 3.2% In Premier Energy Via IPO
Capital Market

EBRD Buys 3.2% In Premier Energy Via IPO

The European Bank for Reconstruction and Development (EBRD), the largest institutional investor in Romania, has bought into Premier Energy (PE.RO), following the initial public offering the...

Loredana Frățilă-Cristescu · 28.05.2024 · 20:36 · 1 min
Hidroelectrica Announces RON1B Investment Budget For UCMH In 2024-2028
Capital Market

Hidroelectrica Announces RON1B Investment Budget For UCMH In 2024-2028

State-run Hidroelectrica (H2O.RO) announced during an event on May 24 that it had a RON1 billion investment budget to be used in 2024-2028 for Uzina Constructoare de Masini Hidroenergetice (...

Loredana Frățilă-Cristescu · 27.05.2024 · 21:13 · 1 min
ASF Greenlights JT Grup Oil’s IPO
Capital Market

ASF Greenlights JT Grup Oil’s IPO

The Financial Supervisory Authority (ASF) has approved the prospectus for the initial public offering of 10 million shares for the listing of JT Grup Oil, a fuel wholesaler based in Navodari...

Loredana Frățilă-Cristescu · 24.05.2024 · 13:59 · 1 min
Nuclearelectrica Signs EUR14.3M Contract With Canada's Candu Energy For Engineering Services At Cernavoda Unit 1
Energy

Nuclearelectrica Signs EUR14.3M Contract With Canada's Candu Energy For Engineering Services At Cernavoda Unit 1

State-run company Nuclearelectrica (SNN.RO), Romania’s sole nuclear power producer, announced in a stock market report on May 23 that it concluded a contract of EUR14.3 million with Canadian...

Ecaterina Craciun · 23.05.2024 · 20:16 · 2 min
Transelectrica Extends Directorate Member Terms By Another Five Months
Capital Market

Transelectrica Extends Directorate Member Terms By Another Five Months

National power grid company Transelectrica (TEL.RO) on Wednesday informed shareholders and investors about the appointment of its directorate members and the directorate chairman on May 22,...

Loredana Frățilă-Cristescu · 22.05.2024 · 20:04 · 1 min
OMV Petrom Commissions Largest Crude Oil Storage Tank In Romania, At Petrobrazi Refinery
Energy

OMV Petrom Commissions Largest Crude Oil Storage Tank In Romania, At Petrobrazi Refinery

OMV Petrom, the largest integrated energy producer in Southeastern Europe, commissioned a new crude oil tank, the largest in Romania, on the Petrobrazi refinery platform.

Ecaterina Craciun · 20.05.2024 · 13:47 · 1 min