Energy
Vitol Buys Greenhouse Gas Permits For EUR1.63M
Romanian thermal power producer Termica Suceava sold green certificates last week to commodities trader Vitol for a total EUR1.63 million.
Distributor Gaz Sud Appoints Gary Mazzotti As CEO
Romanian gas distributor Gaz Sud on Monday said it has appointed Gary Mazzotti as chief executive officer, instead of Costin Berevoianu, who left the company.
Otopeni To Auction Off Infrastructure Works For EUR173M
The local authorities of Otopeni, Ilfov County, want to contract an infrastructure project worth an estimated 710.8 million lei (EUR173 million) for road modernization and the extension of t...
Romanian Total Electric To Invest EUR20.2M In 15-MW Wind Farm
Romanian Total Electric Buzau plans to invest EUR20.2 million in a 15-MW wind farm in southeastern Romania.
E.ON Energie Romania 1Q Gas Sales Up 3.4% YY, To 12 Mln MWh
Gas supplier E.ON Energie Romania sold 3.4% more natural gas in the first quarter, compared to the same interval of 2010, but the low sale price brought additional costs of more than 240 mil...
Romanian Oltchim's Debt To Become Stock, Not History - CEO
Romania will not erase the debts owed by chemical company Oltchim (OLT.RO), but it considers turning the debt into stock, in view of privatizing the company, Oltchim general manager Constant...
Romania Vows Before IMF To Slash Heating Aid Before September
Romania's government committed in the letter of intent to the International Monetary Fund to eliminate the thermal energy subsidy by the end of August at the latest, and direct such aid only...
Romania To Revise Gas Transit Deal With Russia
Romania's Government will begin negotiations with Russia to revise the existing agreements on the transit of natural gas through pipelines on Romania's territory, says the memorandum of unde...
Legal Advisors For Privatizations To Be Selected By July
Romania's Government will appoint, by July, legal advisors for the stock it plans to sell in state companies CFR Marfa, Tarom, Petrom, Transelectrica, Transgaz, Romgaz, Hidroelectrica and Nu...