Energy
Romania’s Gas Market Deregulation Depends On International Gas Prices
Romania’s Government has pledged to gradually eliminate regulated natural gas prices for industrial consumers until the end of 2014, but it could extend the period until the end of 2015 if t...
Romania To Set Up Natural Gas Exchange By 2013
Romanian authorities plan to set up a trading exchange in the natural gas market by January 2013, according to a memorandum signed with the International Monetary Fund.
CFR To Get State Loan For Paying Debts To Energy Suppliers
Romania's Government will give national railway administrator CFR a loan to pay its arrears to the private energy suppliers and will issue an ordinance whereby CFR will pay only the principa...
Romania To Raise Electricity Tariffs By 5% Next Month
Romania’s new government has pledged to increase by 5% the administered prices for electricity by the end of June, according to a memorandum signed with the International Monetary Fund.
Government Has Serious Concerns About Appointments To CE Oltenia Board
Romania's Government has acknowledged to the IMF that it is behind on restructuring the state-owned companies and selecting private management, with CE Oltenia being the only company with a...
E&Y: Romania Keeps Top Destination Status For Renewable Energy Investments
Romania remains one of the top destinations in the world for renewable energy projects, according to a report from Ernst & Young.
Germany’s E.ON To Invest RON350M In Romanian Units In 2012
German utility E.ON plans to invest around 350 million lei (EUR78.4 million) in its Romanian units in 2012, slightly up from RON320 million in the previous year, E.ON Romania said in a state...
Transelectrica Board Member Resigns
Horia Hahaianu resigned from the Managing Board of Romanian state-owned power grid operator Transelectrica (TEL.RO), and he was replaced on an interim basis by the head of the Economy Minist...
Hidroelectrica’s Power Output Halved In 1Q
Drought has continued to negatively impact the turnover of Hidroelectrica, Romania’s largest energy producer, as the electricity generated by the company in the first quarter of the year was...