ELECTRICITY
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Tinmar Ind, Romania’s Largest Private Electricity Trader, Includes ArcelorMittal Galati In Its Portfolio
Tinmar Ind, the largest private electricity trader in Romania, owned by businessman Augustin Oancea, signed a one-year contract with ArcelorMittal Galati, the second largest energy consumer...
Electricity Suppliers Association Calls For Reintroduction Of Bilateral Contracts
The Association of Electricity Suppliers in Romania (AFEER) is calling on authorities again to reintroduce bilateral contracts negotiated directly on the power exchange OPCOM, arguing the ba...
China’s State Grid Corporation Interested In Enel’s Romanian Assets
China’s State Grid Corporation, the world’s largest electricity distribution company, is interested in buying the electricity business Italy’s Enel has for sale in Romania.
Electricity, Gas And Fuel Consumption Down In 1H
Romania used 3.2% less electricity in the first half, as well as 4.7% less natural gas and almost 3% less fuel.
Romania 2014 Final Electricity Consumption Seen Down 8.3% To 46 TWh
Romanian final electricity consumption is expected to fall 8.3% on the year to around 45.9 terawatt hours in 2014, according to a government document drafted by the Economy Ministry.
CEZ Stays In Romania, Puts Major Investments On Hold
CEZ Romania will stay on the local market, as it believes Romania has potential, but will not pursue any major development plans for the time being, says chief executive officer Martin Zmeli...
Metrorex Buys Electricity Worth EUR14.15M
Bucharest subway operator Metrorex has awarded a contract of 62.1 million lei (EUR14.15 million) to state-run power distributor Electrica Furnizare, VAT included, whereby it will purchase el...
Vitol Buys EUR20M Worth Of Electricity From CE Oltenia
Vitol, one of the world's largest energy and commodity traders, which discreetly entered the Romanian energy and gas market last year, has made its first purchase on the local power exchange...
Economy Ministry Seeks Ways To Stimulate Electricity Consumption For Population
Economy Ministry is looking for ways to stimulate electric power consumption for populations and small and medium businesses, via state aids or taxation, minister Constantin Nita stated.