Energy
Romania Adds Another Year To Transit Deal For Russian Gas
The transit deal for Russian natural gas on Romanian soil has been extended by another year, until the end of 2012, Thursday said Elisabeta Ghidiu, strategy and corporate management head wit...
Competition Council Head: Pricing Gaps Mean Romania’s Gas Market Is Out Of Sync With EU
Romania’s gas market is not integrated into the EU market because of price disparities, Competition Council president Bogdan Chiritoiu said Thursday.
Only One Bidder In Auction For Brokering Transgaz Public Offer
A consortium formed of Raiffeisen Capital&Investment, BT Securities and Czech brokerage firm Wood&Co was the sole bidder in the auction for a broker to intermediate the sale of a 15% stake i...
Emanuel Muntmark-Owned Firm Takes EUR68M Loan For Wind Farm
A company owned by businessman Emanuel Muntmark, Ewind Constanta, took out a EUR68 million loan from Erste Bank, to fund the construction of a wind farm in southeast Romania, people close to...
Romanian Companies To Pay More For Natural Gas Deliveries As Of January
Romanian energy regulator ANRE Wednesday said natural gas tariffs for industrial consumers will grow by 5% as of January 1, due to costlier imports.
Romania To Sell 10% In Hidroelectrica By November 2012
Romania’s planned initial public offering of a 10% stake in state-run hydropower generator Hidroelectrica will be concluded by end-October 2012, according to the country’s latest letter of i...
Hidroelectrica To Terminate All Deals Concluded Outside OPCOM Market
Romanian government will give notice of cancellation by year-end to all companies that signed bilateral deals with state-run energy producer Hidroelectrica outside the energy market OPCOM, a...
Romania To Put 2 New Firms Under Private Admin, Removes CFR Marfa From List
Romania's government has taken out freight railway operator CFR Marfa from a list of state-owned companies to be run by private managers, while adding two new enterprises, according to the c...
Ariton: State-owned Turceni, SNLO To Lay Off 500 People By Yearend
Romanian Economy Minister Ion Ariton on Wednesday said a total 500 employees will be laid off, by December 31, from thermal power producer Turceni and mining company SNLO.