Energy
Euro Insol Plans Professional Skill Assessment At Hidroelectrica Followed By Layoffs
Euro Insol, the court-appointed administrator of Romanian insolvent power producer Hidroelectrica, will assess the professional competence of the energy company’s employees in the next three...
Chinese ReneSola Buys Photovoltaic Park In Romania
Chinese ReneSola, the world’s largest photovoltaic manufacturer, entered the Romanian market through the acquisition of a photovoltaic park, after it bought the entire stake in local company...
Romania Receives Four Offers For Chemical Company Oltchim
Romania has received four offers for the privatization of state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO), the Economy Ministry’s privatization office OPSPI said Thursday.
Romania To Launch Renegotiations With Russia On Gas Transport Deals
Romania’s government Wednesday said it will launch renegotiations with Russia on several agreements regarding natural gas transportation on Romanian territory, after the European Commission...
Ponta: Oltchim Sale To Take At Least Two-Three Months
The privatization of state-owned chemical company Oltchim Ramnicu-Valcea will not be concluded earlier than two or three months even if a winner is selected this Friday, Prime Minister Victo...
Oltchim: 33 Board Directors In Ten Years. Will They Be Brought Before Court?
The dramatic situation that Romania’s largest chemical plant, Oltchim Ramnicu Valcea (OLT.RO) is the direct responsibility of the 33 members of the Board of Directors who have alternated at...
Ponta Says Higher Energy Royalty Rates, Different VAT Rates May Increase Budget Revenues
Increasing royalty rates in the energy sector and charging different sales tax rates to support agriculture are some of the measures meant to increase budget revenues between 2013 and 2016,...
Oltchim’s Sale Delayed Until September 20
Romania has delayed until September 20 the deadline by which investors may file bids for the privatization of state-owned chemical company Oltchim Ramnicu-Valcea, an official of the Economy...
Lukoil Starts 3D Seismic Surveys On Romanian Black Sea Blocks
Lukoil Overseas, a unit of Russian giant Lukoil, has started seismic operations at two oil blocks in the Romanian sector of the Black Sea, the Russian group said in a statement Monday.