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Premier Energy Targets Integrated Business Model
Energy

Premier Energy Targets Integrated Business Model

Premier Energy, the third leading household supplier of natural gas in Romania, held by Czech investment company Emma Capital, will focus on integrating the recently acquired CEZ Vanzare on...

Loredana Frățilă-Cristescu · 29.03.2024 · 09:35 · 1 min
Energy Ministry Calls Nuclearelectrica Shareholders To Approve Partnership With DSPE BETA Private Equity Fund
Capital Market

Energy Ministry Calls Nuclearelectrica Shareholders To Approve Partnership With DSPE BETA Private Equity Fund

Romania’s only nuclear power producer Nuclearelectrica (SNN.RO) on Thursday notified the Bucharest Stock Exchange that its majority shareholder, the Energy Ministry wanted several items adde...

Loredana Frățilă-Cristescu · 28.03.2024 · 20:06 · 1 min
Hidroelectrica Proposes First Dividend Since Going Public: RON13.99/Share
Capital Market

Hidroelectrica Proposes First Dividend Since Going Public: RON13.99/Share

State-run Hidroelectrica (H2O), the largest electricity producer in Romania, on March 27, 2024 announced its first proposed dividends since going public in the summer of 2023.

Loredana Frățilă-Cristescu · 27.03.2024 · 22:58 · 1 min
Retele Electrice Muntenia Set To Complete Upgrades At Obor And Filaret Transformer Stations In Bucharest By End-2024
Energy

Retele Electrice Muntenia Set To Complete Upgrades At Obor And Filaret Transformer Stations In Bucharest By End-2024

Retele Electrice Muntenia, part of the PPC Group, formerly named E-Distributie Muntenia, aims to complete the modernization of the Obor and Filaret transformer stations in capital city Bucha...

Ecaterina Craciun · 27.03.2024 · 16:15 · 1 min
CMS Advises PPC On Completion Of Acquisition Of 84 MW Operational Wind Farm In Romania
Energy

CMS Advises PPC On Completion Of Acquisition Of 84 MW Operational Wind Farm In Romania

International law firm CMS has advised PPC Renewables on the successful completion of their acquisition in Romania of an 84 MW operational wind farm from Lukoil Group, a deal that was signed...

Ecaterina Craciun · 27.03.2024 · 15:54 · 1 min
Retele Electrice Muntenia Completes Modernization Of North Power Station In RON70M Investment
Energy

Retele Electrice Muntenia Completes Modernization Of North Power Station In RON70M Investment

Retele Electrice Muntenia company (part of the PPC Group, formerly named E-Distributie Muntenia) has finalized the modernization works for the North Power Station, the largest primary substa...

Ecaterina Craciun · 27.03.2024 · 15:24 · 3 min
Transelectrica Extends Mandates Of Provisional Directorate Members By 2 Months
Energy

Transelectrica Extends Mandates Of Provisional Directorate Members By 2 Months

Romania’s national power transmission company Transelectrica (TEL.RO) has announced in a stock market report on March 21 that it decided to extend the mandates of provisional Directorate mem...

Ecaterina Craciun · 21.03.2024 · 22:54 · 1 min
Transgaz Set To Distribute RON66M Dividends From Its 2023 Profit
Energy

Transgaz Set To Distribute RON66M Dividends From Its 2023 Profit

Natural gas transmission company Transgaz (TGN.RO) has called its shareholders to approve, among others, the distribution of RON66 million as dividends from its 2023 profit.

Ecaterina Craciun · 21.03.2024 · 00:28 · 2 min
OMV Petrom Budgets RON5.2B Net Profit In 2024
Capital Market

OMV Petrom Budgets RON5.2B Net Profit In 2024

OMV Petrom (SNP.RO), the largest oil company in Romania, has budgeted RON5.2 billion net profit for 2023, an increase of 31% on the 2023 figure, while sales should increase by 1% to RON33.3...

Loredana Frățilă-Cristescu · 19.03.2024 · 21:12 · 1 min