Energy
Finance Ministry To Auction Off Carbon Credits
Romanian government Wednesday authorized the Finance Ministry to sell at auction its carbon credits granted by the Kyoto committee, the executive said in a statement.
Government Sets 29 Activity Sectors
The Romanian Government on Wednesday set a list of 29 activity sectors for which collective work contracts may be negotiated and signed, said Labor Minister Sulfina Barbu.
Government Allots Extra Funds To Several Ministries To Pay Arrears
The Romanian Government has increased the 2011 budgets of the ministries of Transport, Environment, Regional Development, Education and Health to pay arrears, Government spokeswoman Ioana Mu...
Competition Council Recommends Differentiated Fines For Fuel Companies After Probe
The Romanian Competition Council's report on the fuel market investigation recommends differentiated fines between companies, the body's president, Bogdan Chiritoiu, said Wednesday.
Boc Calls For Investigations At State-Owned Companies Which Asked For More Money
Romanian Prime Minister Emil Boc on Wednesday called on ministers to analyze the activity of managers at companies under the authority of the Transport and Economy ministries, following seve...
Authorities Suspend Hidroelectrica Auction Over Complaint Surge
Romanian authorities decided to suspend an auction held by hydropower producer Hidroelectrica, for a computer system in a contract worth an estimated 47.4 million lei (some EUR10 million), f...
AXA Life Insurance Wins RON18.1M Contract With Electrica
Romanian insurer AXA Life Insurance won in November an auction held by electricity distributor Electrica, for a 18.1 million lei (EUR4.23 million) health insurance contract.
Nuclearelectrica Restarts Reactor
Nuclearelectrica, operator of Romania's sole nuclear power plant, Wednesday restarted the reactor 2, after a malfunction was remedied.
Hidroelectrica Finishes EUR75M Power Plant
Romanian state-owned hydropower producer Hidroelectrica on Tuesday announced the completion of a hydropower plant in southern Romania, following an investment of EUR75 million.