Energy
CEZ Romania Eyes Triple Wind Power Output In 2011
CEZ Romania, a unit of Czech power group CEZ AS, expects wind power output will triple to around 0.9 TWh in 2011, as more turbines are scheduled to start production in the next period.
GE Energy Enters Partnership For EUR500M Wind Farm In E Romania
GE Energy, the energy unit of U.S. giant General Electric, starts a new phase of its presence on the Romanian market by launching a wind farm project in Vaslui, together with a German partne...
Wind Energy Management To Build EUR90M Windfarm In NE Romania
Wind Energy Management will invest EUR90 million in a 54W windfarm in Romanian northeastern county of Suceava, company shareholder Virgil Ernest Popovici said Wednesday.
Former Head Of Praktiker Is New CFO Of Enel Romania
Monica Hodor, former general manager of do-it-yourself retailer Praktiker Romania, was appointed chief financial officer (CFO) of energy distributor Enel.
Romanian Mining Company CNH To Receive RON136M Subsidy - PM
Romanian coal mining company CNH Petrosani will receive a subsidy of 136 million lei (EUR32 million) to continue its activity, Prime Minister Emil Boc announced Tuesday.
Government Cancels EUR51M Risk Coverage Guarantee For Enel-Electrica Deals
The Romanian government has decided to cancel a EUR51 million risk coverage guarantee in favor of Italian utility Enel for the privatization of two Electrica branches and wire the funds to t...
Transelectrica Puts Off Wind Farm Connection Contracts To Accommodate Requests
National grid company Transelectrica (TEL.RO) says it has slowed down the process of signing contracts that allow “windmills” to connect to the grid because of the very high volume of reques...
Dafora To Refinance EUR25M Loans
Romanian drilling company Dafora Medias (DAFR.RO) will refinance its existing loans in a move to obtain better lending terms, the company said in a statement Monday.
E.ON Gaz Distributie Seeks To Award EUR5.1M Telecom Deal
E.ON Gaz Distributie Targu-Mures, a unit of German utility E.ON, will organize a public tender to purchase telecommunication services for a three-year period, according to a company announce...