Energy
Romgaz Seeks Shareholder Approval To Acquire Natural Gas Supplier
Romanian state-run natural gas producer and supplier Romgaz (SNG.RO) announced in a stock market on Wednesday (March 6) that it summoned the ordinary general meeting of shareholders on April...
Hidroelectrica Puts Hydroelectric Unit 5 At Portile de Fier I Hydropower Plant Back Into Service
Romania's largest energy producer Hidroelectrica has completed tests at the hydroelectric unit no. 5 at the Portile de Fier I (Iron Gates I) hydropower plant and put the technical objective...
Sweden's OX2 Gets Building Permit For 99 MW Wind Farm In Romania Due To Become Operational At End-2025
At the end of 2023, Swedish group OX2 got the construction permit for the most advanced project in its portfolio, with an installed capacity of 99 MW and a grid connection contract from Marc...
Transelectrica Completes 400 kV Overhead Power Line Project In RON150M Investment
Transelectrica has announced the successful completion of the construction project of a 400 kV Overhead Power Line Portile de Fier – (Anina) – Resita, in an investment worth a total RON150 m...
Delgaz Grid Invested RON35M In 200,000 Natural Gas Meters In 2023
Natural gas and electricity distribution company Delgaz Grid invested over RON35 million in the purchase and installation of more than 200,000 natural gas meters in 2023, representing 10% of...
Rompetrol Well Services 2023 Turnover Soars 38.2% YoY To RON73M
Rompetrol Well Services (RRC.RO), one of the major suppliers of well services in Romania, reported a turnover of RON73.5 million for 2023, up 38.2% from 2022, as per the company's preliminar...
Transgaz Reports 50% Lower Net Profit, 13% Higher Revenue For 2023
Natural gas transmission company Transgaz (TGN.RO) ended 2023 with net profit of RON172.4 million, at a group level, down 50% vs 2022, as per the company's preliminary consolidated report pu...
Transelectrica Ends 2023 With RON219M Net Profit, Down 57.5% vs 2022
Romania’s national power transmission company Transelectrica (TEL.RO) reported net profit of RON219 million for 2023, lower by RON296 million or 57.5% than in 2022, mainly due to the fact th...
Electrica Shares Officially Included In FTSE Russell Indices
Electrica has announced on Wednesday (Feb 28) that its shares have been admitted for the first time ever for inclusion in the FTSE Global Equity Index Series (GEIS), and that the effective e...