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Tinmar-Ind Posts Over EUR320M In Revenue In 2011, Prepares EUR100M Worth Of Solar Power Projects
Energy

Tinmar-Ind Posts Over EUR320M In Revenue In 2011, Prepares EUR100M Worth Of Solar Power Projects

Tinmar-Ind, an energy trader controlled by businessman Augustin Oancea, almost doubled its revenue last year, to more than EUR324 million.

Roxana Petrescu · 04.06.2012 · 00:00 · 4 min
Short Deadlines For Romania's Electricity Market Deregulation Are Not Credible - Lawyer
Energy

Short Deadlines For Romania's Electricity Market Deregulation Are Not Credible - Lawyer

The short deadlines set for the deregulation of electricity prices in Romania are not credible and authorities have all the necessary means to delay the process, Stefan Botezatu, managing pa...

Ecaterina Craciun · 29.05.2012 · 14:45 · 1 min
CEZ: Investors In Renewable Energy Face Many Obstacles In Romania
Energy

CEZ: Investors In Renewable Energy Face Many Obstacles In Romania

Investments in renewable energies are founded on the need to ensure durable development, given that current sources are exhaustible, but the players in this field face a series of obstacles,...

Radu Bostan · 29.05.2012 · 13:26 · 1 min
Energy

Economy Minister Signs RON150M Contracts For Energy Investments

Romanian Economy Ministry Daniel Chitoiu signed Tuesday two non-reimbursable financing contracts targeting to build a hydroelectricity plant in Arges county, southern Romania, and a cogenera...

Ioana Tudor · 29.05.2012 · 12:12 · 1 min
CFR To Get State Loan For Paying Debts To Energy Suppliers
Automotive

CFR To Get State Loan For Paying Debts To Energy Suppliers

Romania's Government will give national railway administrator CFR a loan to pay its arrears to the private energy suppliers and will issue an ordinance whereby CFR will pay only the principa...

Radu Bostan · 28.05.2012 · 15:44 · 1 min
Competition Authorities To Unveil Preliminary Report On Energy Market Probe In June
Energy

Competition Authorities To Unveil Preliminary Report On Energy Market Probe In June

Romania’s Competition Council plans to make public in June a preliminary report on its inquiry into the local electricity market launched two years ago, antitrust watchdog president Bogdan C...

Ecaterina Craciun · 25.05.2012 · 14:55 · 1 min
Basescu: Romania Wins With Any Alternative Energy Project In Balkans
Energy

Basescu: Romania Wins With Any Alternative Energy Project In Balkans

President Traian Basescu said Friday that any of the alternative energy supply projects in the Balkan region is a win for Romania, whether it is Nabucco, the South East Europe Pipeline or th...

Radu Bostan · 18.05.2012 · 15:25 · 1 min
First Quarter Review: Consumption, Drugs And Mall Sales Up, Energy And Beer Sales Down
Macroeconomics

First Quarter Review: Consumption, Drugs And Mall Sales Up, Energy And Beer Sales Down

The start of the year came with different signals from the main sectors of Romania's economy, so a clear trend cannot be outlined for the first quarter of the year, according to data release...

Radu Bostan · 11.05.2012 · 00:00 · 5 min
Energy

Metrorex Seeks To Buy Energy For RON62M

Bucharest subway operator Metrorex will hold a tender at the end of May to buy electricity for one year, through a contract worth an estimated 62.64 million lei (EUR14.22 million).

Radu Bostan · 08.05.2012 · 14:34 · 1 min