Energy
Dobrogea Is Chock-full Of Wind Farms. Moldavia Is Next
South-eastern Romania is full to the brim with wind power projects, some of them already functional and some in various stages of approval, with wind farm investors now targeting Moldavia, a...
Dima, CEZ Vanzare: Liberalization Of Energy Prices Will Be The Market’s Biggest Transformation
Although at least in theory all electricity consumers have been able to change their supplier since 2007, with the exception of large companies, few have given up the comfort of regulated pr...
Several Romania Energy Suppliers Failed To Meet Green Certificate Quotas, Face Penalties Of EUR2.8M
About 18% of electricity suppliers in Romania failed to meet the mandatory green certificate quotas for last year and face penalties amounting to EUR2.86 million, according to energy watchdo...
OMV Demands RON92M From Romania In International Arbitration Court
Austrian group OMV, the majority shareholder of Romanian oil company OMV Petrom, has filed a claim against the Romanian state with the International Court of Arbitration in Paris, demanding...
Vimetco Shortlists Three Constructors For Its Alum Power Plant In Romania
Dutch-registered Vimetco NV Wednesday said it has short-listed three contractors for the construction of its future 250-megawatt power plant in Tulcea county, southeastern Romania.
Where Profits Of State-Run Energy Companies Go
The announcements of state-run companies’ purchasing intentions on the website of the electronic public procurement system (SEAP) reveal the more or less justified expenses they are willing...
Prospectiuni OKs Taking EUR14.2M Loans
Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) Tuesday approved taking out loans of up to EUR14.2 million to finance investments and purchase drilling equipment, the compan...
Chimcomplex Seeks EUR4.5M State Guarantee As Loan Collateral
Romanian chemical company Chimcomplex Borzesti (CHOB.RO) is seeking a EUR4.48 million guarantee from state-run lender EximBank to use as collateral on a EUR5.6 million loan to finance invest...
Franklin Templeton Funds Buy 2.82% In Transelectrica For RON4.6M
Two investment funds administrated by Franklin Templeton Investments have bought a total stake of 2.82% in Romanian power grid operator Transelectrica (TEL.RO) in a secondary public offering...