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Energy

Condmag To Build RON27M Gas Pipeline For Transgaz

Condmag Brasov (COMI.RO) will build a gas pipe worth 27.2 million lei (EUR6.2 million) for state-owned gas transporter Transgaz (TGN.RO).

Andrei Cîrchelan · 02.11.2011 · 18:22 · 1 min
Energy

Romania May Resume Eco Pass Trading In 2012

The sale of greenhouse gas certificates, suspended in August because of inventory deficiencies, may be resumed in 2012, and the Finance Ministry will handle the sales, according to a draft g...

Andrei Cîrchelan · 02.11.2011 · 18:08 · 1 min
Energy

Rominserv Valves January-September Sales Rise 20%

Rominserv Valves Iaifo Zalau, a unit of the Romania’s second-largest oil group Rompetrol, reported sales of over $6 million in the first eight months, up 20% on the year.

Florentina Dragu · 02.11.2011 · 11:44 · 1 min
OMV Petrom Starts Test Production At Totea Well
Energy

OMV Petrom Starts Test Production At Totea Well

Romanian dominant oil company OMV Petrom (SNP.RO) Wednesday said it started test exploitation of its Totea well in the southwestern region of Oltenia, which could prove to be the country’s m...

Florentina Dragu · 02.11.2011 · 10:23 · 1 min
Social/Politics

Government's List Of Priority EU Projects: Worth EUR7B And 0% Completed

Romania's Government has drawn up a list of 60 projects financed by the EU that will be monitored with priority, most of them at little over 0% completion despite being worth more than EUR7...

Radu Bostan · 01.11.2011 · 18:42 · 3 min
Alro Gives General Manager Seat On Board
Energy

Alro Gives General Manager Seat On Board

The general manager of aluminum maker Alro Slatina (ALR.RO), Gheorghe Dobra, on Tuesday was appointed member of the Managing Board.

Andrei Cîrchelan · 01.11.2011 · 16:48 · 1 min
Real Estate

Real Estate Transactions Without Energy Certificate May Be Challenged In Court - Bill

Real estate transactions may be later challenged in court by the signatories or by third parties, if the property exchange or rental contract did not come with the building's energy efficien...

Radu Bostan · 01.11.2011 · 16:37 · 3 min
Energy

Romania ’10 Energy Resources Up 1% YY At 44.3M Toe

Romania’s energy resources rose 1% in 2010 compared with the previous year, while consumption widened by 1.6%, the country's national statistics office said Tuesday.

Andrei Cîrchelan · 01.11.2011 · 10:04 · 1 min
Borbely: EU To Introduce Tax On Apartment Heating Systems In 2013 Or 2015
Social/Politics

Borbely: EU To Introduce Tax On Apartment Heating Systems In 2013 Or 2015

The European Union will introduce a pollution tax on apartment heating systems "in 2013 or 2015," said Romanian Environment Minister Laszlo Borbely.

Radu Bostan · 31.10.2011 · 17:12 · 1 min