Energy
Rovinari 2011 Net Profit Rises Over Fivefold To RON33.3M
Romanian state-run thermal power producer Rovinari Wednesday said its net profit rose more than fivefold on year to 33.3 million lei (EUR7.5 million) in 2011, boosted by a 28% increase in el...
Electrica Distributie Muntenia Nord Posts 15% Higher Turnover In 2011, To RON685.7M
Romanian electricity distributor Electrica Distributie Muntenia Nord said its turnover rose 15% on year to 685.7 million lei (EUR162.1 million) in 2011, compared to RON596 million in 2010, a...
E.ON Energie Romania Posts EUR1B Sales For 2011
E.ON Energie Romania, a unit of German utility E.ON, reported gas and electricity sales of 4.26 billion lei (EUR1 billion) in 2011, the company said in its financial report Wednesday.
Government Approves Construction Of Gas Pipeline Link To Moldova
Romania's Government on Wednesday approved the construction of a pipeline linking the Romanian and Moldovan natural gas transport systems, between Iasi and Ungheni, Prime Minister Victor Pon...
Power Plant Turceni Swings To RON56M Net Profit In 2011
Romanian thermal power producer CE Turceni Wednesday said it has swung to a net profit of 55.5 million lei (EUR13.1 million) in 2011, versus losses a year earlier, helped by a 47% increase i...
Power Company Craiova 2011 Sales Up 12% To RON1.2B
Romanian thermal power producer Craiova Wednesday said its sales rose 12% on the year to 1.22 billion lei (EUR287.8 million) in 2011, as a prolonged draught has boosted demand for electricit...
Nuclearelectrica Profit Rises Sixfold In 2011
Romanian state-owned energy producer Nuclearelectrica Wednesday said its net profit rose almost sixfold on year to 95 million lei (EUR21.3 million) in 2011, largely fueled by a 5% increase i...
GDF Suez Energy Romania 2011 Sales Rise 9% To RON3.86B
GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, Wednesday said its sales rose 9% to 3.86 billion lei (EUR910.8 million) in 2011, from RON3.54 billion a year earlier.
Transelectrica Names New General Manager
Romanian state-run power grid operator Transelectrica (TEL.RO) has appointed Marius Ion Mateescu as the new general manager, the company said in a statement Wednesday.