Energy
Romenergo Offshoot To Invest EUR80M In Energy Projects By 2015
The Bucharest-based Romenergo group created an energy production firm that will invest more than EUR80 million over the next five years, group general manager Dragos Bilteanu told MEDIAFAX.
Gazprom Neft's Serbian Unit To Drill Oil Blocks In W Romania
Canadian East West Petroleum (EWP), which owns oil drilling rights to four blocks in western Romania, on Wednesday said it has contracted Serbian Naftna Industrija Srbijefor, or NIS, for the...
Romania To Export Gas Through Arad-Szeged Pipe In 2-3 Years At The Earliest
Natural gas exports from Romania to Hungary will be technically feasible in two or three years at the earliest, though the government has pledged to do everything in its power for domestic p...
Headhunters May Recruit Managers For Romanian State-Owned Firms
The World Bank has suggested that Romania use headhunters when recruiting for management positions in state-owned companies, Tuesday said Alexandru Sandulescu, director with the Economy Mini...
Romania Needs To Sync EU Energy Funding With Project Demands
Romania’s structural funds on energy and energy efficiency should be calculated on specific requests by companies, since interest is disproportionate between the two segments, Economy Minist...
Green Boom: More Power Generated By Romanian Wind Farms In 1Q 2011 Than In Whole 2010
Green energy generation registered a real boom in the first quarter of this year, with electricity generated by wind turbines, small hydro-power stations, solar farms or biomass stations bei...
Oltchim To Start Petrochemistry Operations At Arpechim By End-May
Romanian state-owned chemical plant Oltchim (OLT.RO) on Monday said it will start by the end of May the first petrochemistry installation at the Arpechim refinery, following an investment of...
Fitch Affirms Rompetrol Group at 'B+', Outlook Negative
Fitch Ratings affirmed Netherlands-based The Rompetrol Group's long-term foreign currency Issuer Default Rating (IDR) of 'B+', while removing it from Rating Watch Negative, where it was plac...
Enel: Romania Needs Energy Competition, Not Full Privatization
Romanian authorities need not privatize all energy companies or electricity producers, but the segment needs true competition, Friday said Luca D’Agnese, president of Enel Romania.