Energy
Ponta Says Problems At Insolvent Hidroelectrica To Be Eliminated By Fall
The problems that disrupted the functioning of Romanian insolvent hydropower producer Hidroelectrica will be removed and the company will get back to normal by this fall, Prime Minister Vict...
Hidroelectrica, Energy Holding Agree On Price, Still Talk On Deal Duration
Romania insolvent state-owned energy producer Hidroelectrica and Energy Holding have agreed Monday on the price of the contract, but Hidroelectrica’s representative also aim to cut the durat...
Government To Subsidize Irrigation Systems Energy
The Romanian Government will subsidize the energy necessary for the irrigation systems in order to fight the effects of this year's drought, Premier Victor Ponta said Monday.
MOL Romania: It’s Hard To Say How The Oil Market Will Evolve In 2012 Amid Political Changes
MOL Romania CEO, Kinga Daradics, said it is hard to predict the evolution of the oil market in 2012 amid political uncertainties and problems in the eurozone, after the start of a difficult...
Chitoiu: Romania To Complete Selection of Private Managers At State-Owned Companies By Yearend
Procedures to select private managers at 48 state-owned companies were launched last week and the selection will be finished by the end of the year, Romanian Economy Minister Daniel Chitoiu...
Hidroelectrica Cancels Two More Bilateral Deals
Romanian Economy Minister Daniel Chitoiu Friday said insolvent power producer Hidrolectrica terminated two more bilateral electricity deals concluded with Alpiq RomIndustries and Alpiq RomEn...
Government Approves State Guarantee For EUR40M Loan To Oltchim
Romania’s government has approved a state guarantee for a EUR40 million loan for chemical producer Oltchim Ramnicu Valcea (OLT.RO), Economy Minister Daniel Chitoiu said Friday.
Chitoiu: Industrial Consumers To Buy Electricity At Lower Prices
Romanian Economy Minister Daniel Chitoiu Friday said non-household consumers will be able to purchase electricity at lower prices compared with market levels, but the measure will be applied...
Audit Report Reveals Unjustified Expenses At Several State-Owned Companies
Most companies under the authority of the Romanian Economy Ministry spent money illegally over the past years, Economy Minister Daniel Chitoiu said Friday.