Energy
Chitoiu: Romania To Resume Petrom Stake Sale After Market Analysis
The Romanian government will decide whether to resume the sale of a 10% stake in oil company OMV Petrom (SNP.RO) after conducting a market analysis, economy minister-designate Daniel Chitoiu...
Romania To Liberalize Gas Prices In 2013-2018, Electricity In 2012-2017
Romania will deregulate natural gas prices between 2013 and 2018 and electricity prices between 2012 and 2017, Economy Minister-designate Daniel Chitoiu said Monday in parliament.
Romania To Resume Cupru Min Sale 4 Months After Getting Environmental Permit
Romania’s new Cabinet, which will seek a confidence vote in Parliament Monday, will resume the sale of copper producer Cupru Min four months after the company gets an environmental permit, e...
Parliament Committees Endorse Daniel Chitoiu For Economy Minister
Romania’s parliamentary committees hearing proposed ministers on Monday have endorsed Daniel Chitoiu for economy minister with 38 to four votes and two abstentions.
Romania To Appoint Private Managers For State Companies By October
Romania will appoint private managers to run state-owned companies by October and the first companies targeted are hydropower generator Hidroelectrica and natural gas transporter Transgaz (T...
Romania To Keep Gas Prices Unchanged This Year
Romania will keep gas prices unchanged this year both for household and non-household consumers, Economy Minister-designate Daniel Chitoiu told International Monetary Fund and European Commi...
Romania To Privatize Oltchim In September, Resume Cupru Min Sale
Romania will privatize chemical producer Oltchim Ramnicu Valcea (OLT.RO) in September and resume the sale of copper producer Cupru Min, the country’s minister-designate for economy, Daniel C...
Iproeb Bistrita 1Q Turnover Down 17% To RON21.5M
Romanian cable maker Iproeb Bistrita (IPRU.RO) Friday announced its turnover decreased 17% in the first quarter, to 21.5 million lei (EUR4.9 million), and reported profit of only RON40,000,...
Romania's New Government To Impose Moratorium On Shale Gas Drilling
Romania’s newly named government plans to impose a moratorium on shale gas exploitation until European Union-commissioned studies to assess possible environmental damage of hydraulic fractur...