Energy
Ameropa Raises Stake In Azomures To 96.4%
Swiss grain trader Ameropa Holding AG has increased its stake in Romanian fertilizer producer Azomures (AZO.RO) to 96.43% from roughly 76%, following a buyout offer to shareholders, accordin...
Nuclearelectrica Restarts Reactor
Romanian energy producer Nuclearelectrica restarted Unit 1 at its Cernavoda nuclear plant, the company said Monday.
Hidroelectrica Insolvency Case Reaches BNR
Hidroelectrica’s creditors and its court-appointed administrator are due to discuss the impact of the shocking insolvency of Romania’s most valuable state-run company at the central bank’s h...
Hidroelectrica Reorganization Won’t Entail Selling Assets, Company To Ensure Job Stability
The reorganization of Romanian state-owned hydropower producer Hidroelectrica, which entered insolvency Wednesday, will target economic mechanisms and will not entail selling assets, accordi...
Nuclearelectrica Stops Reactor After Detecting Problem
Romanian energy producer Nuclearelectrica Friday morning shut down Unit 1 at its Cernavoda nuclear plant, after a sensor detected a problem, sources on the energy market told MEDIAFAX.
Romania To Extend By One Year Deadline To List Key State Companies
Romania’s government extends by one year, until December 31, 2013, a deadline to list minority stakes in several state-owned companies on the Bucharest Stock Exchange and on international ma...
Oltchim Appoints Two Interim Board Managers
The Managing Board of Romanian state-owned chemical producer Oltchim (OLT.RO) on Thursday appointed Mihai-Radu Saptefrati și Nicolae Rotileanu as interim directors, replacing Karoly Borbely...
Comelf Bistrita Seeks Profit In Wind Power Boom
Environmental protection and construction equipment manufacturer Comelf, controlled by the Uzinsider Bucuresti group, in 2009 started making small parts for wind power farms, an industry tha...
Tenaris Group Completes $60M Investment In Zalau
Oil pipe maker Tenaris has completed a $60 million investment in a production unit in Zalau, Salaj county, and will finish another project in Romania, worth $50 million.