Energy
Ariton: Romania Won’t Sell Stock In Transelectrica, Transgaz At Just Any Price
Romania will sell minority stakes in key state-run companies such as Transelectrica (TEL.RO) and Transgaz (TGN.RO) only if it can get the “best price”, Economy Minister Ion Ariton said Monda...
Ariton: Headhunters To Receive Just EUR50k For Finding CEOs At State Firms
Contracts for the recruitment of private management at Romanian state-owned companies will be concluded for EUR50,000-EUR60,000, while EUR250,000 is the contract value ceiling, Economy Minis...
AGRI To Select Feasibility Study Consultant By Yearend
The consultant developing the feasibility study for gas route AGRI (Azerbaijan-Georgia-Romania Interconnector) will be selected in an auction held by the end of this year, according to Roman...
Headhunters Get EUR250k To Recruit Managers For State Companies In Romania
The headhunting companies hired to recruit managers for Romania’s state-run companies Hidroelectrica, Oltchim, Electrica Furnizare and Romarm will receive a commission of EUR250,000 for each...
First Reserve, Renovalia Energy Set Up Renewable Energy JV
US private equity fund First Reserve and Spain’s Renovalia Energy have established a joint venture to own and operate wind projects in North America and Europe, including Romania.
Record High Fee Paid To Headhunter That Will Find CEO For Hidroelectrica
The government will pay EUR250,000 to the headhunter that will find the right manager for Hidroelectrica, the most valuable asset of the Economy Ministry, valued at EUR3.49 billion. This fig...
Nuclearelectrica Chief Resigns
The general manager of nuclear power plant operator Nuclearelectrica, Pompiliu Budulan, resigned.
Energy Prices To Rise In Bid To Cover Efficiency Costs - ANRE
Electricity and gas prices will rise once regulator ANRE asks energy distributors to approach clients with efficiency solutions, whose costs will be covered through the adjustment of deliver...
Romgaz Awarded Public Procurement Deals Worth RON577M In 2011
Romanian natural gas producer Romgaz Medias has awarded over 1,300 public procurement contracts worth 576.5 million lei (EUR132.4 million) in the first eleven months of 2011, largely for dri...