Energy
Energias de Portugal Expands To Solar Power Business
Energias de Portugal (EdP), one of the most active investors in the wind power business in Romania, has also expanded into solar energy after buying a portfolio of projects that might be wor...
Oltchim Employees To Resume Protests Wednesday
The employees of Romanian chemical plant Oltchim Ramnicu-Valcea (OLT.RO) will resume protests Wednesday over unpaid wages from August and the halt in the company's operations.
Oltchim Privatization Contract Delayed Over Missing Clauses
Romanian politician and television host Dan Diaconescu Monday refused to sign the contract for the purchase of a 54.86% stake in state-run chemical company Oltchim SA (OLT.RO), saying the de...
Oltchim Privatization, The Perfect Disaster Of Politicians Managing The State
“Is there anything more? There’s nothing more,” Remus Vulpescu, head of the Economy Ministry's privatization office OPSPI, said Friday after opening the envelope containing the offer of Dan...
Dan Diaconescu Wins Auction For Majority Stake In Romania Oltchim
Romanian politician and television host Dan Diaconescu has won a sealed-bid auction for a 54.86% stake in state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO), the Economy Ministry sai...
ERG And Lukoil To Develop Wind Farm in Romania, EBRD Mulls Financing Construction
Italian company ERG and Russian group Lukoil will buy a wind farm project in Tulcea county, and the European Bank For Reconstruction and Development (EBRD) is considering financing construct...
Dan Diaconescu Offers RON203M For Romania’s Stake In Oltchim
Romanian controversial politician and television host Dan Diaconescu Friday offered 203.14 million lei (EUR45 million) for the state’s 54.86% in chemical company Oltchim Ramnicu-Valcea (OLT....
Auction Offers For Chemical Company Oltchim Accepted
The four auction offers for the sale of state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO), submitted Thursday at the Economy Ministry’s privatization office OPSPI, have been accepte...
No Bidders For Cernavoda Nuclear Plant’s Reactors 3 And 4
Romania’s most ambitious energy project, the reactors 3 and 4 of the nuclear plant in Cernavoda (south-east of the country) remains frozen as no company showed any interest in developing the...