ENERGY
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Electrica Invested EUR111M In First 9 Months, Money Went Also To Wind Farm Projects
Romanian state-run energy company Electrica and its subsidiaries invested 501.7 million lei (EUR111 million) in the first nine months of the year, and a part of the money went to two wind fa...
Romgaz Prepares To Join The Billion Euro Club
Romania’s largest natural gas producer Romgaz might see revenue reach EUR1 billion this year if it keeps the same growth pace as in the first half. The company is also getting ready to expan...
CEZ Romania EBITDA Doubled To EUR155M In Jan-Sept
The earnings before interest, taxes, depreciation, and amortization (EBITDA) of CEZ Romania, a unit of Czech power group CEZ AS, increased to CZK3.9 billion (EUR155 million) in the first nin...
Romania Has To Choose: Investments Of EUR1B Per Year Or Energy Imports In The Future
The Romanian energy sector has been at a crossroads for a long time and in order for it to get out of this gridlock investors unanimously ask for a good strategy and real competition, otherw...
OPCOM Energy Market Sees Transactions Of EUR300M In 10 Months
Bilateral deals closed on the power exchange OPCOM reached EUR300 million between January to October, as much as the total for 2011, mainly fueled by an increased appetite for energy from tr...
Businessman Daniel Donos Wants To Invest EUR8M In Photovoltaic Park
Romanian businessman Daniel Grigore Donos wants to invest up to EUR8 million in a solar power project to be developed in Covasna county, central Romania.
Romania Aims Attracting Several Chinese Companies In Over $3B Energy Investments
The Romanian Government aims to attract several Chinese companies to invest in electricity production units of over $3 billion, according to the secretary of state with the Economy Ministry...
US Ambassador: Romania Needs $10B Investment In Energy Infrastructure
Romania could become an important energy hub in Europe once again, provided it can attract around $10 billion in infrastructure investments, US Ambassador to Bucharest, Mark Gitenstein said...
Romania Lends Again Fuel Stocks To Electricity, Heating Producers
The Romanian Government approved Wednesday to lend fuel stocks from the state reserve to electric and thermal power producers during the 2012/2013 winter.