Energy
Romania Sets Calendar For Energy Deregulation, Cancels Social Tariffs
The Romanian government will deregulate electricity tariffs for both industrial and household clients in several steps starting with this fall, as part of a stand-by loan agreement signed wi...
Economy Minister Names Upcoming Private Management Targets
Private managers will firstly be installed at state-run companies Oltchim (OLT.RO), Romarm and Hidroelectrica, and then to Electrica Furnizare, Economy Minister Lucian Bode said Wednesday af...
Bidding Deadline For Cernavoda Nuke Project Extended To Sep 15
Romania’s Economy Ministry has once again extended, to September 15, the deadline by which companies can bid for the development of reactors 3 and 4 at the country's sole nuclear power plant...
Major Solar Power Equipment Maker Eyes Romania
Norway’s Renewable Energy Corporation (REC), one of the world’s largest makers of equipment for solar farms, whose revenue stood at about EUR1.8 billion in 2011, is interested in the Romania...
Transelectrica To Invest RON1.1B In Network Expansion In 2012-2014
Romanian state-run power grid operator Transelectrica (TEL.RO) plans to invest over 1.1 billion lei (EUR250 million) between 2012 and 2014 to extend its network and build new units, the comp...
EU Regulator Body Keeps Petrom Manager As Vice-President
European Union energy regulator cooperation agency ACER on Tuesday announced the appointment of Razvan Nicolescu as vice-president of the board, as well as the reappointment of Piotr Wozniak...
Transelectrica’s Brokers Could Cash Up To RON4.1M If Offer Successful
The three brokers running a secondary public offering of 15% in Romanian power grid operator Transelectrica (TEL.RO) could receive up to 4.1 million lei (EUR0.95 million) for services render...
Transelectrica Sets Public Offering Range. Minimum Share Price At RON14.9, Maximum Price At RON19.2
Romanian state-run power grid operator Transelectrica (TEL.RO) has set its secondary public offering price band at 14.9-19.2 lei (EUR3.41-EUR4.4) a share, the company said Tuesday.
Transelectrica Suspended, As Romanian Government Sets Public Offering Price
The shares of Romanian state-owned power grid operator Transelectrica (TEL.RO) were suspended from trading Monday morning, as authorities are about to approve the minimum and maximum prices...