Energy
GE Vice Chairman: Engineering Will Be The Most Sought-After Field In The Future
John Rice, vice-chairman of General Electric, a US industrial conglomerate with a turnover of $147 billion in 2011, says the most sought-after skills in the future will be the “easily transf...
Romanians Pay Twice As Much For Electricity As Finns, French
Romanians pay almost twice as much for electricity when adjusted for purchasing power as the Finns or the French, official data showed Friday.
Competition Authorities To Unveil Preliminary Report On Energy Market Probe In June
Romania’s Competition Council plans to make public in June a preliminary report on its inquiry into the local electricity market launched two years ago, antitrust watchdog president Bogdan C...
Competition Council: Hidrolectrica Inquiry Needs More Time
Romanian Competition Council’s probe into preferential tariffs at state-run hydropower generator Hidrolectrica will be completed by the end of the year at the earliest, Council president Bog...
Oil Terminal’s Board Chairman May Step Down
Andrei Barbu Todea announced plans to step down from his position of Chairman of the Board at Romanian oil storage and shipment firm Oil Terminal (OIL.RO), the company said in a statement Fr...
Antitrust Body To Complete Gas Market Probe In Upcoming Months
Romania’s Competition Council said it will finalize in the upcoming months the antitrust inquiry set off last year on the local gas market regarding a potential conspiracy between several co...
Green Power Producers Made EUR100M From Green Certificates In Jan-April
Green power producers collected from the support scheme put in place by the Romanian government almost EUR100 million in the first four months of the year, as much as they did last year. Eig...
Germany’s E.ON Mulls Opening Business Service Center In Romania
Germany’s utility E.ON plans to open a new business service center in Cluj-Napoca city, northwest Romania, as part of a larger restructuring program aimed to cut costs and optimize services...
Economy Ministry Signs Two EU-Funded Contracts For RON100M
Romania’s Economy Minister Daniel Chitoiu on Tuesday signed two contracts to upgrade the gas distribution network in Cluj-Napoca and build a cogeneration unit, the Economy Ministry said Thur...