Energy
Parliament Adopts Energy Bill
Romania’s Chamber of Deputies on Thursday adopted with 186 to three votes and seven abstentions an energy bill which deregulates the local energy market.
Romet Eyes Up To 8% Higher Sales In 2012
Romanian industrial equipment manufacturer Romet Group estimates a 7% to 8% increase in its sales to around EUR320 million in 2012, supported by new investments.
CEZ Plans EUR400M Investment In Romanian Energy Sector In 2012
Czech power group CEZ plans to invest around EUR400 million in Romania this year, mainly in renewable energy projects, an official of CEZ Romania said Thursday.
Nuclearelectrica Restarts Nuke After Overhaul
Romanian state-owned energy producer Nuclearelectrica Wednesday restarted the first reactor at its nuclear power plant in Cernavoda, following a 5-week scheduled overhaul.
Parliament Approves New Energy Bill, Regulator Placed Under Its Control
The Romanian Senate on Wednesday adopted with 81 to one vote and one abstention a bill amending the energy law, whereby the country’s energy regulator ANRE is placed under the control of the...
Government Drops Advisors Involved In Bringing Private CEOs To State-Run Companies
The consortium made up of executive search company Pedersen&Partners, law firm NNDKP and strategic management advisory Roland Berger, which was appointed in September last year to help the E...
Greenest Day: Wind Farms Beat Nuclear Plant On May 13
Wind energy is no longer just a trend, because on May 13, wind turbines covered more of the national consumption of energy than the Cernavoda nuclear power plant. At the time, though, the nu...
Listing Romgaz On Foreign Market Possible, Says Broker
Romanian natural gas producer Romgaz could be floated simultaneously in Bucharest and on a foreign exchange, but such a decision requires serious consideration, one of the brokers running th...
S&P Places Romania's Transgaz 'BB+' Rating On Watch Negative
Standard & Poor's Ratings Services placed its 'BB+' long-term foreign and local currency corporate credit ratings on Romanian natural gas transmission system operator Transgaz Medias (TGN.RO...