ENERGY
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New Taxation Changes Hurt Most Representative Sectors on Bucharest Stock Exchange
Energy companies and banks, which are among the most traded stocks on the Bucharest Stock Exchange, will pass on to their customers the financial burden introduced by the Emergency Ordinance...
Only 40% Of Romania’s Power Generation Capacity Operational Now
Romania has the most expensive energy in the region today, judging by spot prices, after having resorted to imports to meet consumption needs on Monday, despite the peak wind farm production...
2018 in Review: Energy Market
Like every year, energy was one of the most interesting sectors to watch, as the Black Sea gas caused tension in regional relations, and the bosses of the largest energy, oil and gas compani...
Govt Breaks Energy Sector ‘Piggybanks’, Asks For More Dividends
The state-run energy sector crown jewels are now assessing their reserves as the government wants additional dividends from them. Meanwhile they could see their investment budgets hurt, whil...
CEZ Romania: We’re Starting To Use Romanian Experts For Wind Power Projects In Germany
The most powerful investor in wind power in Romania, Czech-held CEZ energy group, says the people who built the Fantanele-Cogealac project in Dobruja, the largest onshore wind farm in Europe...
Energy Ministry Says Desulphurization System At Paroseni Power Plant Is Operational
Romania’s Energy Ministry announced on Monday that state-run energy holding Complexul Energetic Hunedoara inaugurated its first desulphurization system, at its Paroseni power plant, which wi...
Romania's Electricity and Gas Distribution Networks Need EUR10B Long-Term Upgrades
Romania's electricity and gas distribution networks need investments over EUR10 billion in the long term in order to replace the old infrastructure, according to the estimation of the member...
Dedeman Owners Get RON16M Dividends From Energy Companies
Dragos Paval and Adrian Paval, the founders of DIY retailer Dedeman Bacau, the biggest Romanian entrepreneurial business, could collect about 16 million lei (EUR3.4 million) dividends from t...
Energy Industry: We’re Working In The Dark In The Absence Of Country Strategy
Investments are the keyword on the energy market this year and companies in the sector are ready to bring new gas and electricity generation facilities online.