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Energy

Power Plant Craiova Seeks RON50M Loan

Romanian state-owned power producer Craiova on Friday said it seeks a 50 million lei (EUR1=RON4.1146) loan for working capital between 2011 and 2012.

Andrei Cîrchelan · 08.04.2011 · 14:19 · 1 min
Energy

Green Certificate Scheme To Hike Power Prices By 5%-7% - Watchdog

Romania’s state aid scheme for renewable energy might increase electricity production prices by 5%-7%, local energy watchdog ANRE said Thursday.

Andrei Cîrchelan · 07.04.2011 · 16:02 · 1 min
Energy

Romania Still Plans To Create Energy Champions - Official

Romania has not yet given up the idea of creating two national energy champions, and it is currently evaluating alternative solutions to this end, an Economy Ministry official said Thursday.

Andrei Cîrchelan · 07.04.2011 · 14:42 · 1 min
Energy

Romania Plans Selling Excess Green Certificates To Other States

Romania plans to sell its excess green certificates to another state, economy ministry official Alexandru Sandulescu told an energy seminar Thursday.

Andrei Cîrchelan · 07.04.2011 · 14:41 · 1 min
Energy

Romania Jan-Feb Pwr Output +1.5% On Yr, Energy Resources -1%

Romania’s power output rose 1.5% on the year in January to February, while the country’s total energy resources dropped 1%, the National Statistics Institute said Thursday.

Andrei Cîrchelan · 07.04.2011 · 14:41 · 1 min
Energy

Romania To Float Minority Stock In Energy Companies

Romania’s Economy Ministry will float energy company stock on the bourse, retaining majority, and will employ private management, since strategic investor privatizations are no longer an opt...

Andrei Cîrchelan · 07.04.2011 · 14:39 · 1 min
Energy

Chinese SGCC Seeks Stake In Romanian Transelectrica - Sources

The State Grid Corporation of China, or SGCC, is interested in buying the 15% stake Romania plans to sell in state-owned power grid operator Transelectrica (TEL.RO), people close to the matt...

Andrei Cîrchelan · 01.04.2011 · 15:25 · 1 min
Energy

Romanian Alro Eyes $30M Annual Sales Boost, On Upgrades

Romanian aluminum maker Alro Slatina (ALR.RO) forecasts a competitiveness increase project supported by EU financing will boost the company’s annual sales by at least $30 million, company ge...

Andrei Cîrchelan · 01.04.2011 · 15:24 · 1 min
Energy

Romania Import Gas Price Rises At 2-Yr High In Jan

Romania imported in January natural gas at $399 per thousand cubic meters, the highest price since March 2009, according to data published by energy regulator ANRE.

Andrei Cîrchelan · 01.04.2011 · 15:24 · 1 min