Energy
South-Korean Firm Wants Stake In Romanian Nuke JV
A South-Korean company is willing to buy “no matter how much” in EnergoNuclear, the project company building reactors 3 and 4 at Romania’s sole nuclear power plant in Cernavoda, Monday said...
Wind Farms Generated Ten Times More Power And Money In 9 Months
The amount of power generated by wind farms in the first nine months of the year was over ten times higher than in the corresponding period of 2010, and owners of windmills made more than EU...
Nuclearelectrica Jan-Sep Power Sales Up 4.8% To RON1.15B
Romanian state-owned energy producer Nuclearelectrica Thursday reported total sales of 1.15 billion lei (EUR268 million) in the first nine months, up 4.8% on the year.
Gazprom, SOCAR To Battle Local Heavyweights For A Slice Of Romania's Fuel Retail Market
Romania’s fuel distribution market caught the eye of international groups such as Gazprom or SOCAR, even though some 90% of local sales go to four major companies.
2011 Energy Investments: EUR2B In Wind Parks And First Gas-Fueled Power Station Since ’90
Energy investments completed in Romania in 2011 make it the best of the past 20 years, as the value of new electricity projects is around EUR2 billion.
Economy Ministry Forms Committee To Select Investors For Tarnita Plant
The committee seeking investors for the Tarnita-Lapustesti power plant, in northwestern Romania, will include 10 members and it will be headed by Economy Minister Ion Ariton, according to th...
Energy Bourse Operator OPCOM To Add RON23M To Share Capital
Romanian energy market operator OPCOM will increase its share capital by 23 million lei (EUR5.3 million), to RON26.4 million, the operator’s sole shareholder, state-owned power grid operator...
Hidroelectrica Takes RON120M Loan From Banca Transilvania
Romanian state-owned hydropower producer Hidroelectrica took out a credit line worth 120 million lei (EUR27.75 million) from Banca Transilvania (TLV.RO) to fund working capital, the Economy...
Third Time’s The Charm For Romania’s Energy Sector Reorganization
The government’s latest bid to reorganize the national energy system, through the creation of complexes Oltenia and Hunedoara, is seen by specialists as a better idea than the two previous o...