Energy
Dafora Nine-Month Sales Fall 20% To RON115.3M
Drilling and construction firm Dafora Medias (DAFR.RO), owned by businessman Gheorghe Calburean, on reported a 20% drop in nine-month sales, to 115.3 million lei (EUR27.4 million), from RON1...
How Can The Government Prevent Renewable Energy Investors From “Exporting” The EUR10B Support Scheme?
The Romanian government will provide over EUR10 billion through a support scheme for green energy projects, but has no certainty that this money, which will be paid through individuals’ and...
TMK Artrom Slatina Reports RON61.3M Net Profit For Jan-Sep
Romanian tube maker TMK Artrom Slatina (ART.RO), owned by Russian steel group TMK, on Monday reported a net profit of 61.3 million lei (EUR14.6 million) for the first nine months of the year...
Romanian Electrica Expects To Sell Green Certificates For EUR210M In By 2017
Romanian state-owned electricity producer Electrica expects to obtain up to EUR210 million between 2012 and 2017 from green certificate sales.
Transelectrica SPO Most Likely Launched In Spring 2012 - Brokers
The public offer whereby the Romanian Economy Ministry wants to sell 15% in national power grid operator Transelectrica (TEL.RO) will most likely be launched in spring next year, one of the...
Investors Drop EU Funds As Romania's Renewable Enegy Support Scheme Is Generous Enough
A series of investors in renewable energy decided to give up EU funding to finance their projects, and chose the green certificate support scheme, which gives them higher profit and frees up...
Economy Ministry Contracts Broker For Transelectrica SPO
Romania’s Economy Ministry on Monday signed a contract with the consortium set to broker the sale of a 15% stake in power grid operator Transelectrica (TEL.RO).
Prospectiuni 9-Month Net Profit Quadruples To RON30.7M
Romanian Prospectiuni Bucuresti (PRSN.RO), provider of geological surveys for the oil and gas industry, Monday reported a net profit of 30.7 million lei (EUR7.3 million) for January-Septembe...
Renewable Energy Support Scheme Will Not Cause Bills To Skyrocket - Ministry Official
The energy price increase caused by the Romanian support scheme for renewable energy is not a very large sum, it's "only a few lei extra," Monday said Mircea Cotosman, adviser on environment...