Energy
Condmag Wins RON12.5M Pipe Installation Deal With Petrom
Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) Friday said it has won a 12.5 million lei (EUR2.9 million) contract to provide pipe installation and connection services to leading o...
Twice As Much Green Energy Produced In H1 Than In Entire 2010
The amount of wind energy produced in the first six months of this year was double the amount of 2010 as a whole. Producers of green energy therefore gained more in the first six months of 2...
Enel Deplores EUR187M-And-Rising Debt Owed By CFR
The debt owed by Romanian state-owned railway operator CFR to electricity distributor Enel stands at EUR187 million, Thursday said Enel Romania general manager Luca d'Agnese.
Enel, ArcelorMittal Can Double Stakes In Cernavoda Nuke Project
Italy’s utility Enel has the option to double its stake in Romanian joint venture EnergoNuclear, which was set up to build two additional reactors at the Cernavoda nuclear power plant, the h...
Turceni Power Plant Posts Record High Turnover In 1H
The temporary shutdown of the second reactor of the Cernavoda nuclear power station for almost one month is one of the factors that helped CEN Turceni, the largest thermal power plant in Rom...
Transelectrica Swings To RON10M Profit In 1H
Romanian state-run power grid operator Transelectrica (TEL.RO) Wednesday said it has switched to net profit of 9.94 million lei (EUR2.32 million) in the first half of 2011, from a loss of RO...
EU Greenlights Romania’s Renewable Energy Support Scheme
The European Commission approved Romania’s legislation supporting investment in renewable energy through green certificate incentives, norms launched in 2008, saying it complies with EU stat...
Firefighters Put Out Fire At Petrotel-Lukoil Refinery In S Romania
A fire broke out Wednesday at around 3.25 a.m. at the Petrotel-Lukoil refinery in Ploiesti, southern Romania, and firefighters put it out in 25 minutes.
Petrom’s Subscription Level Will Be Known Only After Offering Ends
The government’s sale offering of Petrom shares, but so far there is no public information on the level of subscription, which will only be known when the offering closes on July 22.