Energy
Wind Turbine Transport Becomes Impossible Mission Because Of Danube's Low Levels
Warm winter should be good news for wind farm builders, but this time the lack of rain and snowfall created a problem. Since very big equipment (a wind turbine is around 100-meter tall), is...
Economy Ministry Requests Budget Revisions For Almost 50 State Companies
Romania's Economy Ministry has asked the Government to revise the 2011 budgets of almost 50 state-owned companies, to include higher costs, and complained that the Finance Ministry has not a...
Nabucco, AGRI Are Prime Objectives For Romania - President
President Traian Basescu on Thursday said that one of Romania’s priorities is energy security, adding gas projects Nabucco and AGRI remain prime objectives.
Alro Reconsiders Costs On High Energy Prices, Layoffs Are Last Resort
Romanian aluminum producer Alro Slatina (ALR.RO) Thursday said it is reconsidering all its investments and expenditure, because of the cheap energy deficit, which increased electricity costs...
Oltchim To Work On Debt Payment Schedule With Electrica
Romanian chemical company Oltchim (OLT.RO) Thursday said it will establish a payment schedule for its debt to energy supplier Electrica, a day after the latter has terminated an agreement si...
Alro Considers Compensation Measures For High Energy Costs
Romanian aluminum maker Alro Slatina (ALR.RO) Thursday said it is considering options, including operations restructuring and stopping less efficient production capacities, if it is unable t...
GE: Romania Is Easily Among The Top 5 Countries For Green Energy Investments
US industrial giant General Electric says Romania is easily among the top five most attractive European countries for green energy investors, with the main driver continuing to be wind farms...
Electrica Calls Off Auction To Buy Wind Turbines
Romanian state-run power distributor Electrica has called off an auction to purchase wind turbines for its planned wind farms in the eastern county of Galati, saying the offers received were...
Romgaz GM Suspended Pending Investigation
Romanian Economy Ministry Ion Ariton Wednesday suspended Marcel Piteiu from his position as general manager of natural gas producer Romgaz, pending an investigation into allegations of under...