ENERGY
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Major Energy Companies Threaten To Halt Investment in Romania
Executives of utility companies say they are reluctant to continue to invest in Romania after two legislative changes in two years that shook their confidence in the long-term profitability...
Ruset, Siemens: A Well-Structured Strategy May Turn Romania Into An Energy Champion
A very well-structured strategy could help Romania become an energy champion, Petru Ruset, country division lead Energy Management Power and GAs Power Siemens, said Monday.
Romania's Energy Strategy Completed By October - Minister
Romania's future energy strategy will focus on energy security and might be completed in September of October, Energy Minister Andrei Gerea said Monday.
Romania's Energy Production Up 0.7% In 2014; Exports Tripled
Romanian energy output rose 0.7% to 21.92 million tons of oil equivalent in 2014, fueling a rise in exports as local consumption went down, official data showed Wednesday.
Romania’s Energy Exports Hit 10-Year High In 2014
Romania’s energy exports, accounting for 15% of the output, touched the highest level in the last ten years in 2014, on the backdrop of lower prices compared with the European average and se...
Romania To See New Automotive And Energy Investments In Next 2 Or 3 Years
The automotive industry and energy sector will get new investments from foreign companies in the next two or three years, as the automotive component sector has already attracted major compa...
FP, AT Kearney: Romania Shouldn’t Boost Energy Production But Efficiency
Romania does not need to increase energy production as the electricity demand will not require such a decision, but improve the efficiency of power stations, according to the representatives...
Romania’s Energy Consumption Hits 3-Year High On Low Temperatures
Romania’s energy consumption reached the highest level of the past three years at the end of last week amid the low temperatures, with coal as the main production source, doubled by hydropow...
Energy Companies Prepare Record Dividends From 2014's Profit
Most of the energy companies listed on the Bucharest Stock Exchange are preparing to pay the highest dividends ever to their investors after a 2014 when utility companies posted record profi...