Energy
Termica SA Guarantees Coal Purchase With Green Certificates
Thermal power producer Termica SA on Tuesday said it has used green certificates as guarantees for the purchase of some 30,000 tons of coal, with the buyback set for February.
Over 400 Employees Of Oltchim Protest Against Minority Shareholder
Over 400 employees of Romanian chemical company Oltchim (OLT.RO) protest Tuesday outside the unit’s main pavilion against the policy of German PCC SE, a minority shareholder that holds 18.2%...
Dafora Medias Starts Drilling On E Romania Adjud Block
Dafora Medias (DAFR.RO) announced Tuesday that it has started drilling with the first rig on the Adjud block leased by US Hunt Oil in partnership with OMV Petrom (SNP.RO).
Energy Holding Loses Top Spot Among Private Electricity Traders
Energy Holding, the best-known electricity trading business set up in the early '00s by Bogdan Buzaianu, lost the leading position in the ranking of private electricity traders to Tinmar Ind...
Raiffeisen Cuts Transgaz's Target Price To RON237/Share
Raiffeisen Capital&Investment Monday cut by 5% to 237 lei (EUR55.9) a share its 12-month target price on Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO), while keep...
Retrasib Doubles Capital To RON10M
Romanian electric engine maker Retrasib Sibiu (RTRA.RO) will increase its share capital by 5 million lei (EUR1.18 million) to RON10 million to bolster operations, the company said in a state...
Companies May Pay 10% More For Gas Starting October – Sources
Industrial gas consumers will pay prices higher by up to 10%, most likely starting October, according to agreements between the government and the International Monetary Fund, people close t...
Lazaroiu: No. Of Heating Subsidy Beneficiaries To Increase In 2011-2012
The number of heating subsidy beneficiaries will increase in 2011-2012, as the income cap considered when granting the aid will be raised, Romanian Labor Minister Sebastian Lazaroiu told a n...
Romania Suspended From Trading Green Certificates
The Kyoto Protocol committee has decided to suspend Romania from trading green certificates, after it noted breaches in the national inventory of carbon emissions, and the decision will appl...