Energy
Romania May Reduce The Aid Fund For Renewable Energy Producers
The number of green certificates granted to renewable energy producers may be reduced within two years, if authorities learn that the investment was overestimated, Wednesday said Bogdan Chir...
CFR To Receive Subsidies For Debts To Energy Suppliers
Romanian state-owned railway companies CFR Calatori and CFR Infrastructura will receive state subsidies to pay their debts to electricity suppliers, Bogdan Chiritoiu, president of the compet...
Minor Stakes In State-Owned Companies Will Not Draw Big Players – E.ON
Large players on the energy market will not be interested in the minority stakes sold by Romania in state-owned companies, Wednesday said Frank Hajdinjak, chief executive officer of E.ON Rom...
Romania To Privatize Oltchim By May 2012 – State Sec
Romanian state-owned chemical company Oltchim (OLT.RO) will be privatized by April-May 2012, Wednesday said Karoly Brobely, secretary of state within the Economy Ministry.
Romgaz 8-Month Net Profit More Than Doubles To RON677M
Romanian natural gas producer Romgaz Medias Tuesday said its net profit more than doubled to 677.7 million lei (roughly EUR157 million) in the first eight months, on lower costs.
Energy Prices Should Rise In Double-Digits For Industrial Consumers - Assoc
The price of gas and electricity for Romania’s industrial consumers should rise by two digits, since current levels are unsustainable, Tuesday said Frank Hajdinjak, president of utilities co...
UK Melrose To Invest $130M In Black Sea Project – Ambassador
British energy company Melrose Resources plans to invest around $130 million in deepwater exploration at Romania’s Black Sea platform, after it has secured approval for the project, the UK A...
China's Huawei To Invest EUR200M In Romania By 2014
Chinese IT&C equipment producer Huawei will invest EUR200 million in Romania by 2014, mainly in a design center in Bucharest and a national fiber optic network in partnership with power grid...
Hidroelectrica: None Of Our Contracts Can Be Considered State Aid
The management of Romanian state-owned hydropower producer Hidroelectrica on Friday said that none of the bilateral contracts it has concluded to sell electricity, including the ones with Al...