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NICOLESCU

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Romgaz Should Complete EUR25M Investment In Gas Storage Unit By End-August
Energy

Romgaz Should Complete EUR25M Investment In Gas Storage Unit By End-August

Romania's minister-delegate for energy Razvan Nicolescu wants state owned natural gas producer Romgaz Medias (SNG.RO) to complete a EUR25 million investment raising the storage capacity of a...

Oana Gavrila · 10.07.2014 · 17:34 · 1 min
EBRD Buys Electrica Stock Worth EUR75M To Become 2nd Largest Shareholder
Banks-Insurance

EBRD Buys Electrica Stock Worth EUR75M To Become 2nd Largest Shareholder

The European Bank for Reconstruction and Development has become the second-largest shareholder in Romanian state-run energy company Electrica SA after it purchased EUR75 million worth of sha...

Florentina Dragu · 27.06.2014 · 18:37 · 1 min
Energy Minister: Electrica IPO Might Be Fully Subscribed By Monday
Capital Market

Energy Minister: Electrica IPO Might Be Fully Subscribed By Monday

The initial public offering through which Romania seeks to sell 51% in energy company Electrica SA has a good evolution and might be fully subscribed by Monday, two days before completion da...

Gabriela Stan · 19.06.2014 · 11:38 · 1 min
Romania Won’t Be Affected By Russian Gas Supply Issue - Energy Minister
Energy

Romania Won’t Be Affected By Russian Gas Supply Issue - Energy Minister

The Romanian population will not be affected if Russia halts gas supplies to Ukraine as the country has stored enough gas, while local production is higher than consumption, according to Raz...

Gabriela Stan · 16.06.2014 · 13:14 · 1 min
Romania Could Produce In 2019 More Electricity And Gas Than It Consumes
Energy

Romania Could Produce In 2019 More Electricity And Gas Than It Consumes

Romania may produce more electricity and natural gas than it needs for consumption in the second half of 2019, which would place it among the top three energy-producing European countries, E...

Oana Gavrila · 30.05.2014 · 11:08 · 1 min