ENERGY
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Power Consumption Rose To 2008 Level In 2011, Slowed Down In Final Months
Electrical power consumption in 2011, an important indicator for the economy's evolution, was really close to matching the 2008 level, regarded as exceptional for Romania, missing the mark b...
2012, The Year Of Energy Sector Privatizations And Of The Black Sea Bet
2012 should come with a wave of asset sales in the energy sector, considering that all reorganization plans have failed. Electrica Serv, Electrica Furnizare, energy companies Oltenia and Hun...
Chimcomplex To Build EUR22M Power Unit
Romanian chemical plant Chimcomplex Borzesti (CHOB.RO) will invest up to EUR22 million in a new thermal power unit, the company said in a statement Tuesday.
Banks And Energy Companies See Biggest Loss In Market Value
The ranking of companies with the biggest losses of value in crisis is topped by players in the banking and energy sector, according to the “Top 100 most valuable companies in Romania” yearb...
Top State-Run Companies Worth EUR4 Billion Less Than In 2008
Seventeen state-owned companies were included in this year's “Top 100 Most Valuable Companies in Romania”, three of which were new entries and the rest of them regulars in this ranking put t...
Strong Winds Turn Into EUR50 Million Worth Of Green Certificates
October turned out to be a good month for wind power, as strong winds drove output up to more than double the level of July, for instance.
FIC: Romania Needs To Draw More Investments To Energy
Romania has major potential for growth on the energy segment, but exploitation requires large investment, which will be not drawn from private investors as long as policies are not consisten...
Renewable Energy Support Scheme Will Not Cause Bills To Skyrocket - Ministry Official
The energy price increase caused by the Romanian support scheme for renewable energy is not a very large sum, it's "only a few lei extra," Monday said Mircea Cotosman, adviser on environment...
Electrica Has To Recoup EUR380M, But Borrows To Finance Its Activity
Electrica, the only electricity distribution and supply company still in the portfolio of the Romanian state, says it has to recoup RON1.6 billion (EUR380.9 million) from companies to which...