Energy
ICCO, Lockheed Martin Invest $15M In Renewable Energy Production At Ghimbav
The ICCO group and US company Lockheed Martin on Thursday launched Romania's first private Smart Grid project, in the ICCO Ghimbav Industrial Park in Brasov county, with an investment of $15...
Ovidiu Tender To Develop Office Building In Bucharest
Ovidiu Tender's Prospectiuni Bucuresti (PRSN.RO), provider of geological surveys for the gas industry, will construct a 25,000-square meter office building in Bucharest, people familiar with...
Catalin Bulboaca Steps Down From Oltchim's Board
Adrian-Catalin Bulboaca, managing partner of law firm Bulboaca & Asociatii, resigned Wednesday from its position of interim member of the Board of Romanian chemical producer Oltchim Ramnicu-...
Citibank Lends RON125M To Romania's Transelectrica
Romanian state-owned power grid operator Transelectrica (TEL.RO) took a five-month loan worth 125 million lei (EUR28 million) from the local unit of US financial group Citibank.
CFR Gets State Loan To Pay Debts To Energy Suppliers
Romania's Government will give national railway company CFR a loan to pay its debts to the private energy suppliers, a decision taken with the International Monetary Fund's consent.
Roman Copper’s Claims Regarding Cupru Min Groundless – Privatization Office
Romania’s industry privatization office OPSPI considers that Canadian-based Roman Copper’s claims regarding the privatization of copper producer Cupru Min Abrud are groundless, OPSPI head Re...
Hidroelectrica CEO Replaced With Former CEZ Executive
Dragos Zachia, chief executive officer of Romanian hydropower producer Hidroelectrica, will be replaced by Stefan Gheorghe, a former executive in the CEZ Romania group.
Ponta To Discuss Gas Price Deregulation With Austrian Oil&Gas Companies
Romania’s Prime Minister Victor Ponta on Wednesday said he will pay an official visit to Austria on June 18 for talks on gas price deregulation with representatives of Austrian oil and gas c...
Romgaz, Transgaz To Have New General Managers
Romanian Economy Ministry plans to replace the general managers of its majority owned natural gas companies Romgaz Medias and Transgaz Medias (TGN.RO).