Energy
Oltchim Ramnicu-Valcea Employees Protest Over Unpaid Wages, Job Uncertainty
Over 300 employees of Romanian chemical plant Oltchim Ramnicu-Valcea (OLT.RO) protest Wednesday over the management’s delays in making a decision regarding the future of the plant.
Wind Farm Capacity Seen Double By 2014, Solar Power Projects Most Popular Now
The capacity of the operational wind farms in Romania might double by the end of 2014, from the current 1,390 MW, which cost about EUR2 billion. Although this is a significant leap from the...
S&P Downgrades Transgaz To ‘BB’; Outlook Negative
Standard & Poor's Ratings Services Tuesday lowered its long-term foreign and local currency corporate credit ratings on Romanian state-run natural gas transmission system operator Transgaz (...
Basescu: Partnership With USA Focused On Economic Matters And Brought Exxon, Chevron
Romanian President Traian Basescu said Tuesday that, since the signing of the declaration on a strategic partnership, relations with the United States have focused on economic matters, with...
Romania Pays More For Diesel Than Luxembourg Despite Eight Times Lower Wages
One liter of diesel oil in Romania was more expensive at the end of last month than in Luxembourg, despite the fact that a Luxembourger makes almost EUR2,300 per month, while an average Roma...
Egnatia Romania Completes 1.7 MW Photovoltaic Project In Bistrita-Nasaud
Egnatia Romania, supplier of turn-key services for photovoltaic projects, Monday said it finalized the works and connected on the grid the photovoltaic project of 1.7 MW owned by Romanian pr...
Power Connection In Romania May Take Up To 223 Days, Only 130 Days In Bulgaria
In Romania, in order to connect to the electricity distribution system, an entrepreneur with a warehouse located in Bucharest has to wait 223 days, according to the World Bank's survey on ho...
Electrocarbon 1H Sales Up 37% To RON104M
Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) reported sales of 104.3 million lei (EUR23.7 million) in the first six months of this year, up 37% from the RON76 million...
Oltchim’s Special Administrator Resigns
Romanian state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO) Friday said Toma Bogdan Costreie has resigned from his position of special administrator, without giving a reason for his...