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Alstom Inks EUR160M Gas Desulphurization Deals In Romania, Taiwan
Energy

Alstom Inks EUR160M Gas Desulphurization Deals In Romania, Taiwan

French-based power company Alstom Wednesday said it has secured two contracts worth a total of EUR160 million to supply air quality control systems in Romania and Taiwan.

Florentina Dragu · 12.09.2012 · 17:44 · 1 min
Lithuania, Romania To Join Efforts In Search For Alternatives To Russian Gas
Energy

Lithuania, Romania To Join Efforts In Search For Alternatives To Russian Gas

Lithuania and Romania will work together to identify and secure an alternative route of natural gas supply to the Russian pipelines, the president of the Baltic nation said Wednesday.

Florentina Dragu · 12.09.2012 · 16:07 · 1 min
Italian Company Invests EUR41M In Clean Energy Production In Cluj
Energy

Italian Company Invests EUR41M In Clean Energy Production In Cluj

Italian company Romita Energie Verde will build a micro power facility using biomass in Cluj county, northwestern Romania, the Cluj county council said in a press release Wednesday.

Ioana Tudor · 12.09.2012 · 15:48 · 1 min
Energy

Raiffeisen To Finance Construction Of New Thermal Plant In Suceava

Romania industrial engineering company Adrem Invest Bucuresti will sign a financing contract with Austrian bank Raiffeissen for the construction of the new thermal plant in the northeastern...

Manuela Panescu · 12.09.2012 · 15:37 · 1 min
Oltchim’s Sale Draws Interest From 13 Investors
Energy

Oltchim’s Sale Draws Interest From 13 Investors

The upcoming privatization of Romanian state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO) has drawn interest from 13 companies so far, most of them foreign, the Economy Ministry said...

Florentina Dragu · 12.09.2012 · 14:31 · 1 min
Oltchim’s Former Deputy GM Named Interim CEO
Energy

Oltchim’s Former Deputy GM Named Interim CEO

Romania’s Economy Ministry has appointed Nicolae Radu Olaru as interim general manager of chemical company Oltchim SA (OLT.RO), following the resignation of Constantin Roibu, the ministry’s...

Florentina Dragu · 12.09.2012 · 12:39 · 1 min
Romania Lowers Nuclearelectrica IPO Task Book Price Seven Times
Capital Market

Romania Lowers Nuclearelectrica IPO Task Book Price Seven Times

Romania’s industry privatization authority OPSPI has lowered the price on task books for the stock market listing of state-owned energy producer Nuclearelectrica seven times, after an auctio...

Oana Gavrila · 12.09.2012 · 12:03 · 1 min
Transgaz SPO Prospectus To Be Ready In A Few Days
Capital Market

Transgaz SPO Prospectus To Be Ready In A Few Days

The prospectus for the secondary public offering to list an additional 15% in Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) will be ready in a few days, a governm...

Oana Gavrila · 12.09.2012 · 11:49 · 1 min
Deputies Approve ANRE Setup Ordinance
Energy

Deputies Approve ANRE Setup Ordinance

Romanian Chamber of Deputies approved Tuesday the Ordinance on the setup and functioning of the country’s National Regulatory Authority for Energy, or ANRE, admitting just part of President...

Manuela Panescu · 11.09.2012 · 15:28 · 1 min