Energy
Rompetrol Gas Former CEO Assumes Management Role At Gaz Sud
Toma Veron, former general manager of Rompetrol Gas, the liquefied petroleum gas (LPG) division of the Rompetrol Group, has been appointed in a senior management role with the natural gas di...
Transelectrica Board Chairman Resigns Two Days After Appointment
Victor Vevera, personal adviser to Romanian Prime Minister Emil Boc, resigned from the position of chairman of the board at Transelectrica (TEL.RO), operator of the country's power grid, jus...
Electrica Asks E.ON For EUR50M In Damages
Romanian state-owned electricity distributor Electrica asked German utility group E.ON to pay damages worth EUR50 million within a litigation initiated by E.ON in the International Court of...
Transgaz To Buy Goods, Services Worth RON332.4M In March
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) plans to assign public procurement contracts worth 332.4 million lei (EUR76.6 million) in March, above the amount al...
Transelectrica Names Adrian Vevera As New Board Chairman
Romanian power grid operator Transelectrica (TEL.RO) Friday dismissed general manager Horia Hahaianu from his position of chairman of the board, the company said in a statement.
Electrica Plans To Sell Muntenia Sud Stock To Enel
Romanian state-owned power distributor Electrica plans to sell the shares it owns in companies detached from Electrica Muntenia Sud, a subsidiary sold to Italian utility group Enel.
Europa Oil & Gas Relinquishes Stake In NW Romania Block
British Europa Oil & Gas on Friday announced it relinquishes the 28.75% stake it owns on the EIII-1 Brodina block in northwestern Romania, in order to focus on other assets.
Spencer Stuart, Egon Zehnder File Bids To Conduct CEO Search For Romanian State Companies
Recruiting firms Spencer Stuart and Egon Zehnder International have filed bids to search executives for Romanian state-run companies Hidroelectrica, Oltchim (OLT.RO), Electrica Furnizare and...
Alro Head Appointed CEO At Vimetco, Owner Of Romanian Aluminum Smelter
Dutch-registered group Vimetco on Friday announced the appointment of Gheorghe Dobra, head of aluminum refinery Alro Slatina (ALR.RO), as its chief executive officer and member of the board.