Energy
Prospectiuni Announces $20M Prospecting Deals In Morocco
Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) has signed three deals worth $20 million for oil prospecting in Morocco, general manager Gehrig Schultz said Wednesday.
Romanian Foraj Sonde Ernei Seeks RON64M Loan
Romanian oil drilling company Foraj Sonde Ernei (FOSP.RO) plans to borrow up to 64 million lei (EUR14.7 million) to finance investments, the company said in a statement Wednesday.
Rompetrol Group Starts Oil Drilling Operations For Petrom
Romanian oil group Rompetrol on Wednesday announced it has started drilling operations, for the first time in Romania, following an investment of $8.5 million.
Enel Invests EUR100M To See In Real Time Where Bucharest Power Cuts Occur
Italy’s Enel, the largest private company that distributes and supplies electricity to the Romanian market, will invest over EUR100 million to implement a system of online monitoring for hig...
Enel Romania Announces New Network Command Center
Power company Enel Romania on Tuesday announced it has completed construction of a command center for the Muntenia region (southeast Romania) within a EUR90 million investment program that i...
Romanian Prospectiuni Inks Exploration Deal For Seven Blocks In Senegal
Prospectiuni (PRSN.RO), a company owned by Romanian businessman Ovidiu Tender, obtained prospecting permits from the Senegal government for seven blocks, seeking gold, heavy metals and rare...
Brokers To Bid For Romgaz Listing By December 29
Brokers wishing to intermediate the listing of a 15% stake in Romanian state-owned gas producer Romgaz Medias can bid in the auction until December 29, the Economy Ministry said Monday in a...
PwC, KPMG And Taylor-DeJongh File Bids To Advise On Oltchim Sale
PricewaterhouseCoopers Management Consultants, KPMG Romania and investment bank Taylor-DeJongh have filed bids to advise on the sale of Romanian state-run chemical company Oltchim (OLT.RO),...
Ameropa Holding Inks Agreements To Buy Romanian Azomures
Swiss fertilizer and grains trader Ameropa Holding concluded “a series of agreements” with the Turkish investors owning Azomures (AZO.RO), to buy the Romanian fertilizer maker.