Energy
Mercedes-Benz Has Faith In Electric Car, Expects To Sell 20 in 2013
Mercedes-Benz Romania plans to sell 20 electric cars after the launch of the smart electric drive model in January 2013. The target of “tens of units” comes after sales of merely four electr...
Top 100 Exporters Make Up 17% Of Overall Turnover Of Romanian Companies
Car manufacturer Automobile Dacia, oil company Rompetrol Rafinare and car maker Renault Industrie Roumanie are the largest exporters in the Romanian economy in the first six months of this y...
KazMunayGas: Petromidia Is Financially Unhealthy, But We Can Afford To Sustain Its Losses
The losses recorded by refinery Petromidia, the most important asset of oil group Rompetrol, since Kazakh company KazMunayGas took over the majority stake in the company, exceeded EUR760 mil...
Transelectrica To Upgrade Power Station For EUR5M
Romanian power grid operator Transelectrica (TEL.RO) will invest 22.6 million lei (about EUR5 million) in upgrading a power station.
Ponta Meets With Russian Ambassador To Bucharest For Talks On Oltchim
Romania’s Prime Minister Victor Ponta on Monday met with Russia’s ambassador to Bucharest for talks on the privatization of chemical plant Oltchim Ramnicu Valcea (OLT.RO).
Posta Romana To Provide RON7.16M Postal Services To Enel Energie, Enel Energie Muntenia
Romania’s national postal company Posta Romana will provide postal services to electricity suppliers Enel Energie and Enel Energie Muntenia for a total 7.16 million lei (around EUR1.6 millio...
Suntech Power To Supply Solar Panels For Four Projects EDP Develops In Romania
Solar panel producer Suntech Power Holdings has signed a contract with Portuguese company EDP Renovaveis to supply panels with a total capacity of 39 megawatts for four new photovoltaic proj...
Failure Of 2012 Privatizations: From EUR1B Initially Expected To EUR37M
The Romanian state expected to raise around EUR1 billion from privatizations in 2012, but got only EUR37 million from the stock exchange sale of 15% in state-owned power grid operator Transe...
Petrom CEO Mariana Gheorghe Among The World’s Most Powerful Businesswomen
Mariana Gheorghe, Chief Executive Officer of Romania’s largest oil company OMV Petrom (SNP.RO), has this year joined the ranks of the international elite of executives, debuting at no. 32 in...