Energy
MOL Sales Volume In Romania Up 5% On Year In First Quarter
Hungarian oil company MOL Tuesday said its fuel sales volume on the Romanian market rose 5% to 101,000 tons in the first quarter, from 96,000 tons in the year-earlier period.
Spanish Heliotech To Develop EUR55M Solar Power Project In C Romania
Spanish developer Heliotech and its Romanian partner Solar Systems will develop a solar power project worth over EUR55 million in Harghita county, central Romania.
France's Vinci To Improve Energy Efficiency Of Romanian Vulcan For EUR2M
Vinci Facilities Romania, part of French construction group Vinci, will rehabilitate and upgrade the equipment of steam generator maker Vulcan Bucuresti (VULC.RO), to improve its energy effi...
Rompetrol Opens Two More Gas Stations In Moldova
Rompetrol Moldova, member of oil group Rompetrol, has recently opened two more gas stations, extending its network to 47 filling stations countrywide.
How The Muntmark Family Became The Biggest Developer Of Wind Farms In Romania
The Muntmarks were among the first people to set their eyes on the wind power three years before Romania became a EU member and now one in two turbines in service are part of a farm they dev...
Transelectrica’s Mystery: Turnover Up, Profit Down, Shares At 2-Year Low
The net profit of Romanian power grid operator Transelectrica (TEL.RO) fell 3.7 times in the first quarter to 43.6 million lei (EUR10 million), while its turnover rose 18% to RON884 million...
Repower Getting Ready For Power Generation In Romania, Plans EUR250M Investment
Private power supplier Repower Romania, the local subsidiary of Swiss-held Repower group, plans to go into electricity generation and invest about EUR250 million on the local market in the n...
Azomures Turnover Up 9% To RON446M In First Quarter
Chemical fertilizer maker Azomures (AZO.RO) Monday said its turnover increased 9% in the first quarter, to 446.4 million lei (EUR102.5 million), while the net profit climbed 5%, to RON46.5 m...
Prospectiuni Switches To Loss Of RON14M In First Quarter
Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) Monday said it has switched to a loss of 13.9 million lei (EUR3.2 million) in the first quarter, versus profit a year earlier...