Energy
Electrica Says Employees Could Pay EUR200M For 10% Stakes In Enel, E.ON Units
Romanian state-run energy company Electrica estimates revenues of at least EUR200 million from the sale of minority stakes in the local units of Italy’s Enel and German E.ON to the employees...
Oil Terminal 1H Net Profit Falls To RON0.9M
Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Friday said its net profit fell nearly threefold on year to 0.93 million lei (EUR0.21 million) in the first half, on lower sales.
Oltchim Limits First-Half Loss To RON70.3M
Romania’s state-run chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Friday said its net loss narrowed 60% on the year in the first half, as sales advanced 69% to 915.2 million lei (EUR2...
Petrolexportimport Loss Narrows 69% In 1H
Romanian fuels wholesaler Petrolexportimport (PEI.RO) Friday said its net loss narrowed 69% to 0.37 million lei (EUR0.086 million) in the first half, aided by higher sales.
Alro's First Half Net Profit Soars To RON177.4M
Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Friday said its net profit rose six-fold on the year to 177.4 million lei (EUR42.2 million) in the first hal...
Transgaz Net Profit Falls 3.8% To RON255M In First Half
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Friday said its net profit fell 3.8% on the year to 255.2 million lei (EUR59.5 million) in the first half, due to hi...
Rompetrol Rafinare 1H Loss Narrows To $63.7M
Romanian Rompetrol Rafinare (RRC.RO), the refining unit of the country's second-largest oil group Rompetrol, Thursday said its net loss narrowed 46% to $63.7 million in the first half, from...
Romania Looks To China For Investors In Cernavoda Nuke Project
Romania’s Economy Ministry has scheduled several meetings with Chinese investors regarding the construction of two new reactors at the country’s sole power plant in Cernavoda, minister Ion A...
Economy Ministry To Sell 15% Stake In Transelectrica By End-October
Romanian Economy Ministry plans to sell 15% in state-run power grid operator Transelectrica (TEL.RO) on the Bucharest Stock Exchange by end-October, minister Ion Ariton said Thursday.