ENERGY
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How Did Romania’s Largest Energy Producer End Up Insolvent Twice?
Hidroelectrica, Romania’s largest power generator, is again undergoing insolvency, for the second time in less than a year, and market sources say its stock market listing is almost impossib...
Norway, Iceland, Liechtenstein Donate EUR8M To Romania For Energy Efficiency Programs
Norway, Iceland, and Liechtenstein are donating EUR8 million to Romania to fund energy efficiency programs targeting lower carbon emissions.
Equipment And Service Providers Pin Hopes On Energy Efficiency And Infrastructure For Growth
The need for investments in energy efficiency and the hope that the old infrastructure will be replaced some day are about the only chances of growth left for providers of equipment and serv...
EnergoBit Cluj Gets 10% Revenue Increase, To EUR176M
EnergoBit group of firms, a major player on the energy equipment and works market, in 2013 generated revenue of EUR176 million, up 10% year-on-year, according to preliminary data released by...
Adrem Invest Targets EUR100M In Revenue On Long Term
Engineering company Adrem Invest in 2013 generated revenue of above EUR50 million, in the wake of a 30% increase, and a 10% profit margin.
Industry: It’s Absurd To Pay International Prices In A Country That Has Its Own Resources
Romania’s largest industrial companies say there is no use for the country to have natural gas resources if they cannot be used for competitive production.
Energy Sector Calls For Predictability And Stability
Major investors in the energy sector, utility and oil companies are expecting signals from the government about its strategy so as to be able to decide where to channel their future investme...
Transelectrica Ready To Invest EUR1B In Network Expansion
Romanian state-run power grid operator Transelectrica (TEL.RO) is willing to invest over EUR1 billion in expanding its network, but the company’s development strategy is tightly linked to th...
INS: Romania’s Power Output Falls 6.2% In 2013; Consumption Down 6%
Romanian energy output fell 6.2% on the year to 21.34 million tons of oil equivalent in 2013, on the back of a two-digit decline of the thermal power production.