ENERGY
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EBRD: Romania Should Privatize Energy Segment
The main problem faced by Romania’s energy segment is the old equipment, and the easiest way to solve this issue is to sell to private companies, according to Louis Borgo, senior banker with...
Romania Faces Legal Action Over Energy Price Regulation
The European Commission has sent Romania, among others, reasoned opinions urging compliance with the legal obligation of liberalizing the electricity and natural gas markets, with a two-mont...
EUR25B Energy Market Discussed At Length In ZF Power Summit '12
Energy, an over EUR25 billion market, with more than 135,000 employees, will be discussed at length in the first edition of the ZF Power Summit ’12, an event organized by Ziarul Financiar th...
State-Owned Energy Companies Post Record-High Results
The largest 15 companies controlled by the Economy Ministry posted 23 billion lei (EUR5.3 billion) in revenue last year, up 15% on 2010. The highest increases were those of the energy comple...
Competition Council OKs Setup Of Oltenia Power Producer
Romania’s Competition Council on Thursday approved the creation of the Oltenia thermal power producer, which clusters state-owned units Craiova, Rovinari, Turceni and coal company SNLO.
Siliken Solar Panel Plant In Timisoara Employs 500, Set To Export To US And Asia
About a year ago, Spanish-held Siliken, an approximately EUR500 million business specializing in solar panel manufacturing, started operations in a plant in Timisoara, after investing EUR5 m...
Romania’s Electricity Export Halt Is An Option, Not A Fact - Ministry
Romania has no problems in the production of electricity and there are no reasons to restrict deliveries to households, the Economy Ministry said Monday.
Basescu Says Households Won’t Be Left Without Electricity
Romanian President Traian Basescu on Monday said households will not see any interruptions in the electricity supply, adding that the government might decide to cease energy exports.
Hidroelectrica Uses Reserves To Cover National Electricity Shortage
State-owned hydropower producer Hidroelectrica is using its water reserves to compensate for the reduction of output in thermal power plants and wind farms.