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NITA

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Romania Postpones Auction To Select Energy Strategist
Energy

Romania Postpones Auction To Select Energy Strategist

Romania’s planned auction to select one or more companies to draft a new national energy strategy will be postponed to an unspecified date due to lack of funds to organize the proceedings, E...

Florentina Dragu · 23.09.2013 · 13:02 · 1 min
Romania Has No Plans To Sell Stock In State Companies Outside Privatization Calendar
Energy

Romania Has No Plans To Sell Stock In State Companies Outside Privatization Calendar

The Romanian government doesn’t plan to sell any more stock in state-run enterprises except for the companies already scheduled for listing in Bucharest, the minister delegate for Energy Con...

Florentina Dragu · 23.09.2013 · 12:17 · 1 min
Nita: Nuclearelectrica Should Use IPO Proceeds To Increase EnergoNuclear’s Capital
Energy

Nita: Nuclearelectrica Should Use IPO Proceeds To Increase EnergoNuclear’s Capital

Romanian state-run nuclear power producer Nuclearelectrica could use the proceeds from an initial public offering of 10% of its stock to finance a capital increase at EnergoNuclear, a joint-...

Florentina Dragu · 23.09.2013 · 11:40 · 1 min
Nita: Romania-Moldova Pipeline Completed By December
Energy

Nita: Romania-Moldova Pipeline Completed By December

Romania’s planned natural gas pipeline linking the northeastern city of Iasi to Ungheni city in the neighboring Republic of Moldova will be completed by the end of 2013, following a total in...

Florentina Dragu · 11.07.2013 · 13:16 · 1 min
Romania To Adopt Bill Reducing Support For Green Energy Producers Next Week
Energy

Romania To Adopt Bill Reducing Support For Green Energy Producers Next Week

Romanian government will likely adopt next week a controversial bill reducing state support for renewable energy producers, Energy Minister Constantin Nita said Wednesday.

Florentina Dragu · 29.05.2013 · 19:34 · 1 min
Romania Abandons Plan To Sell Petrom Stock – Energy Minister
Capital Market

Romania Abandons Plan To Sell Petrom Stock – Energy Minister

Romanian Minister-delegate for Energy Constantin Nita said Wednesday that the government is unlikely to resume the sale of a 10% stake in oil company OMV Petrom (SNP.RO), following an unsucc...

Florentina Dragu · 17.04.2013 · 11:40 · 1 min
Minister: Romania Must Modernize Power Producers With High Production Costs
Energy

Minister: Romania Must Modernize Power Producers With High Production Costs

Romania should start its energy system restructuring by adapting electricity producers that register high production costs to market requirements, Minister-delegate for Energy Constantin Nit...

Ioana Tudor · 04.04.2013 · 13:09 · 1 min
Nita: Romania Might Tax Shale Gas Differently From Conventional Gas
Energy

Nita: Romania Might Tax Shale Gas Differently From Conventional Gas

Romania’s taxation system for shale gas and gas extracted from Black Sea blocks might differ from that currently applied for conventional gas, if the country has such gas resources and begin...

Ioana Tudor · 04.04.2013 · 12:42 · 1 min
Romanian Energy Exchange OPCOM Stays With Economy Ministry
Energy

Romanian Energy Exchange OPCOM Stays With Economy Ministry

Romania’s energy exchange OPCOM remains under the control of the Economy Ministry, after state-run power grid operator Transelectrica (TEL.RO), the sole shareholder of OPCOM, has been transf...

Ioana Tudor · 03.04.2013 · 20:01 · 1 min