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ENERGY

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After Conquering Dobrogea, Wind Farm Investors Tap Into Moldavia
Energy

After Conquering Dobrogea, Wind Farm Investors Tap Into Moldavia

Galati county has become the star of the year in terms of the number of wind energy projects that have won network connection contracts. Vaslui, Botosani and Suceava also caught the interest...

Roxana Petrescu · 09.08.2011 · 00:00 · 2 min
Energy

Subway Company Metrorex Wants To Buy Energy For RON14M

Romanian state-run subway company Metrorex will start negotiations to buy energy for the September 1-November 30 interval, and the contract to be awarded is estimated at about 14.01 million...

Ioana Tudor · 01.08.2011 · 13:50 · 1 min
Energy Companies Push For New Gas Price Hike In 4Q
Energy

Energy Companies Push For New Gas Price Hike In 4Q

Romanian utility companies Monday requested a new increase in natural gas tariffs for industrial consumers, just one month after the regulatory authority approved a 10% hike in prices.

Florentina Dragu · 01.08.2011 · 13:11 · 1 min
Energy

Romania Starts Procedures To Slash 1,300 Jobs In State-Owned Energy Companies

Romania’s Government on Wednesday decided the start of procedures to lay off 1,300 employees of several state-owned energy companies this year.

Oana Gavrila · 27.07.2011 · 13:39 · 1 min
Energy

Romania To Pay RON5.7B For 2011/12 Winter Fuel Stocks - Draft

Romanian Economy Ministry estimates will pay 5.69 billion lei (EUR1.35 billion) to ensure the necessary fuel stock for the 2011/2012 winter, 34% higher on the year, according to a draft gove...

Florentina Dragu · 22.07.2011 · 16:55 · 1 min
Social/Politics

Unionists Talk With IMF Delegation About Energy Market, Privatization

Romanian National Union Bloc (BNS) leader Dumitru Costin said Friday talks between unionists and the International Monetary Fund delegation focused on problems concerning the energy market,...

Ioana Tudor · 22.07.2011 · 13:53 · 1 min
Will Romania Have More Green Energy Than It Needs?
Energy

Will Romania Have More Green Energy Than It Needs?

Investors in wind and solar energy are drawn into the race of green energy, the hottest sector of the moment by something that acts as a magnet: the aid that the Romanian state provides thro...

Roxana Petrescu · 11.07.2011 · 00:00 · 2 min
Energy

Metrorex Cancels Energy Purchase Over Lack Of Bidders

Bucharest subway operator Metrorex has called off its auction to buy electricity, because of the lack of bidders for the 52 million lei (EUR12.31 million) contract, and will launch a new pro...

Radu Bostan · 04.07.2011 · 16:25 · 1 min
Energy

Vimetco Pulls Out Of JV With Romanian Interagro

Dutch aluminum smelter Vimetco has decided to withdraw from its joint venture with Romanian Interagro set up to support the construction of a coal fired power plant in the southern city of T...

Florentina Dragu · 21.06.2011 · 12:09 · 1 min