Energy
Romgaz Gas Production Down 5% in Q1
The hydrocarbon production of Romgaz (SNG.RO), the second largest oil company in Romania declined by 5.4% from 8.45 million to 8.07 million barrel of oil equivalent in the first quarter of 2...
Nuclearelectrica Makes RON130M Term Deposit with Exim Bank
Nuclear power producer Nuclearelectrica (SNN.RO) placed with Exim Bank a term deposit without extension in the amount of RON130.14 million, the company informed its shareholders and investor...
Transelectrica Appoints New CEO
National power grid company Transelectrica (TEL.RO) has appointed Stefanita Munteanu chief executive officer as of April 25, the company said in a decision of its Supervisory Board sent to t...
European Commission Urges Romania To Remove Restrictions On Electricity Export
The European Commission found that Romania did not fulfill its obligations assumed in the Treaty on the Functioning of the European Union (TFEU) by restricting the export of electricity, as...
UAE’s Masdar Wants to Carry Out Green Projects of 2,000 MW with Romania’s Hidroelectrica
One of the biggest green energy portfolios underway locally has UAE’s Masdar and Romania’s biggest energy producer Hidroelectrica behind it.
Banca Comerciala Romana Coordinates Up To USD600M Syndicated Loan For Rompetrol
KMG International Group has signed a new syndicated credit facility of USD531.8 million, with the possibility to be increased up to USD600 million.
Mariana Gheorghe No Longer Runs For A New Term In ING Group’s Supervisory Board
Mariana Gheorghe will no longer run for a new term in the Supervisory Board of ING Group, therefore the Group has started the process of recruiting a replacement, according to ING Group’s an...
Photon Energy Engineering Romania Completes And Connects To Power Grid Three PV Power Plants In Dolj County
Photon Energy Group announced that Photon Energy Engineering Romania, the Group’s Romanian subsidiary dedicated to engineering, procurement and construction (EPC) services, completed and gri...
Hidroelectrica Seeks to Rent 7,000 Square Meters for Its New HQ
Romania’s largest electricity generation company and the most anticipated listing on the Romanian capital market, Hidroelectrica, plans to lease office space in Bucharest via a tender.