Energy
Upet Switches To Profit In First Half
Romania’s oil industry equipment maker Upet Targoviste (UPET.RO) Thursday said it switched to a 215,000 lei (EUR48,000) profit in the first half of 2012, from losses of RON1.7 million during...
Vulcan Swings To RON11M Profit In First Half
Romanian steam generator maker Vulcan Bucuresti (VULC.RO) Thursday said it has swung to a net profit of 11.1 million lei (EUR2.47 million) in the first half, versus losses in the year-earlie...
CEZ Romania Received Interconnection Applications For 1,000 MW Solar Plants
Romanian power supplier CEZ Distribution, a unit of Czech utility group CEZ, has received interconnection applications for photovoltaic power stations with a total capacity of around 1,000 m...
Heating Prices In Bucharest To Remain Unchanged After Gas Price Hike
Heating bills in Romania’s capital Bucharest will remain unchanged despite a planned 10% increase in natural gas prices as of September, an official with the Economy Ministry said Thursday.
Petrom, Part Of Consortium Picked By Ukraine For Black Sea Exploration
Ukraine has selected a consortium formed of ExxonMobil, Shell, Romania’s OMV Petrom (SNP.RO) and Nadra Ukrainy national joint-stock company for hydrocarbon exploration in the Skifska field o...
Romania Is Attractive For Wind Energy Investors Because Its Support Scheme Is 55% More Generous Than France’s
Romania is the country where the renewable energy division of Energias de Portugal (EDP), one of the major European energy groups, recorded the highest growths in the last year, with the Por...
Dafora 1H Revenue Down 20% To RON77.8M
Romanian drilling company Dafora Medias (DAFR.RO) Tuesday said its revenue dropped 20% on the year to 77.8 million lei (EUR17.2 million) in the first half, from RON96.8 million in the same p...
Prospectiuni Swings Into Red In First Half, With RON6M Loss
Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) Tuesday announced it switched to losses of 6.1 million lei (EUR1.34 million) in the first half of 2012, after net profit of R...
Voinea: Romania Considers Extra Tax For Electricity, Gas Producers
Romanian electricity and natural gas producers may have to pay an extraordinary tax on the supplementary revenues obtained following price deregulations on the local market, an official of t...