Energy
Romania's Energy Strategy Still Relies On Coal - Economy Adviser
Romania’s energy strategy will continue to rely on coal for electricity production, Thursday said Tudor Serban, adviser to the economy minister.
Romania To Fire Over 4,300 Miners By 2018, In Sector Overhaul
Romanian national hard coal company CNH will dismiss 3,300 employees by 2018, while the national lignite company SNLO plans to dismiss 1,000 in the next few years, under Romania’s mining sec...
Prefab Invests EUR5M In 10 MW Cogeneration Plant
Romanian construction materials maker Prefab Bucuresti (PREH.RO) Thursday said it will invest EUR5 million in a cogeneration plant, to supply one of its factories, while the excess of 4 MW w...
Electrica To Buy 15 Turbines For Galati Windfarm
Romanian state-run power distributor Electrica will purchase 15 wind turbines with a total capacity of around 45 MW for its windfarm in eastern county of Galati, the company said in a letter...
French Investors Suggest "Updated" Gas Price Would Improve Romanian Energy Sector
The French Embassy to Romania an the local French chamber of commerce CCIFER on Wednesday proposed a set of measures meant to render the local energy sector more efficient, which include the...
GDF Suez Energy Romania To Invest RON150M In Gas Network Upgrades
GDF Suez Energy Romania will invest some 150 million lei (EUR1=RON4.1152) this year in gas network upgrades, company general manager Yvonnick David said Wednesday.
Competition Council To Complete Fuel Market Probe By Midyear
The Romanian Competition Council’s investigation of the local fuel market should be complete in the first half of the year, and the results will be sent to the European Commission, the autho...
Romania Economy Ministry: Not A Good Time To Sell Oltchim
Romania will wait for the European Commission’s ruling on a debt conversion at chemical plant Oltchim (OLT.RO) before attempting to privatize the plant, the head of Economy Ministry’s privat...
Franklin Templeton Says Romania Could Attract EUR3.5B By Listing Nuke, Hydropower Producers
Romanian state-owned power producers Hidroelectrica and Nuclearelectrica could draw funds worth a total EUR3.5 billion when floating stock on the bourse, Monday said Greg Konieczny, manager...