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ENERGY

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Companies

First-Half Review: Only Retail Comes With Positive Signals

Electricity, cars, constructions, the telecom sector are the leading markets that saw declines in the first six months of this year against the similar period of 2011, signaling that good ti...

Tudor Ioana Raluca · 07.09.2012 · 00:00 · 2 min
Romanian Gas, Electricity Companies To Pay New Tax On Revenue As Of 2013
Energy

Romanian Gas, Electricity Companies To Pay New Tax On Revenue As Of 2013

Romania’s planned tax on extraordinary revenues in the natural gas and electricity market will be implemented as of January 2013, according to the country’s latest memorandum of economic and...

Florentina Dragu · 23.08.2012 · 13:06 · 1 min
Alro Slatina To Pay 70% More For Energy From Hidroelectrica
Energy

Alro Slatina To Pay 70% More For Energy From Hidroelectrica

Romanian aluminum smelter Alro Slatina (ALR.RO) will pay 70% more for the electricity bought from state-owned hydropower producer Hidroelectrica.

Ioana Tudor · 09.08.2012 · 16:25 · 1 min
Petrom Sees Energy Imports Rising To 46% Of Consumption By 2030
Energy

Petrom Sees Energy Imports Rising To 46% Of Consumption By 2030

Romanian energy imports are likely to reach 46% of the total consumption in 2030, according to estimates of dominant oil company OMV Petrom (SNP.RO), which said the country needs more invest...

Florentina Dragu · 08.08.2012 · 15:06 · 1 min
Nuclearelectrica Head: There Are More Than Enough Reasons To Continue Nuclear Power Projects In Romania
Energy

Nuclearelectrica Head: There Are More Than Enough Reasons To Continue Nuclear Power Projects In Romania

Dumitru Dina, head of nuclear energy producer Nuclearelectrica, a EUR375 million business in 2011, says there is no reason why Romania should not go ahead with its nuclear energy program des...

Roxana Petrescu · 03.08.2012 · 00:00 · 3 min
Energy

This Year’s Deals Show What Romanian Sectors Will Develop: Agriculture, Energy And IT&C

Agriculture, renewable energy and IT&C have been the most attractive sectors for foreign investors this year, which spent several hundreds of millions of euros to enter Romania.

Radu Bostan · 01.08.2012 · 00:00 · 3 min
Renewable Energy Investors Got EUR138M Worth Of Green Certificates In 1H
Energy

Renewable Energy Investors Got EUR138M Worth Of Green Certificates In 1H

Renewable energy producers got green certificates worth some EUR138 million in the first six months, which is significantly higher than the about EUR95 million they got for the entire last y...

Radu Bostan · 25.07.2012 · 00:00 · 1 min
Economy Minister Says More Hidroelectrica Bilateral Energy Contracts Will Be Terminated
Energy

Economy Minister Says More Hidroelectrica Bilateral Energy Contracts Will Be Terminated

Romanian Economy Minister Daniel Chitoiu on Thursday ensured the country’s Supreme Defense Body that no asset belonging to insolvent hydropower producer Hidroelectrica will be sold otherwise...

Ioana Tudor · 19.07.2012 · 23:27 · 1 min
First Loss For Energy Holding: EUR8 Million In 2011
Companies

First Loss For Energy Holding: EUR8 Million In 2011

Energy Holding, one of the most profitable private energy traders, ended 2011 in the red, after having made hefty profits from selling the cheap electricity it got from state-owned hydropowe...

Roxana Petrescu · 16.07.2012 · 00:00 · 1 min