9 dec 2014

Complexul Energetic Oltenia, Romania’s largest thermal power producer, which groups the energy complexes of Oltenia basin with lignite mines, registered losses of RON290 million (around EUR66 more

28 nov 2014

After the green certificates meant to encourage renewable energy investments, the Romanian government thinks it has found a scheme that will allow it to finally launch the expansion of the nuclear more

28 nov 2014

The salaries of directors and managers of large state-run energy companies listed on the BVB rose in the first 9 months of this year by around 8-9%. The leader of the group is Transgaz, the national more

24 nov 2014

The plant US-held Lufkin opened in Ploiesti has been exporting oilfield equipment to various parts of the world from North America to Africa for more than a year now. The plans are to boost production more

19 nov 2014

Out of the 20 major activity fields in Romania, electricity is the field that witnessed the biggest increase in the number of companies during the 2008-2013 period, according to Trade Registry more

14 nov 2014

EDP Renovaveis (EDPR), the renewable power unit of energy group Energias de Portugal, the third most powerful investor in Romanian green energy, in October operated three capital subscriptions in two more

13 nov 2014

Romania's only oil and gas producer OMV Petrom (SNP.RO) is dropping 30 onshore productive fields, which have a marginal contribution to its total production, up to 0.6%, saying they might be more

13 nov 2014

Bulrom Gas Impex of Bucharest, a major player on the liquefied petroleum gas market, wants to open five stations next year also selling gasoline and diesel oil. more

11 nov 2014

The price of a gasoline liter in Romania reverted to the level of end-March, with the plummeting crude oil prices canceling the increase of fuel excise duty by 0.07 euros per liter introduced by the more

6 nov 2014

Romanian authorities are now supporting the integration of energy companies after breaking them up by business or energy generation source, a model that Romania applied at the recommendation of more

5 nov 2014

Energy consumption in Romania resumed growth in the first nine months of this year, according to data provided by Transelectrica, the state-run power grid operator. A 1.1% advance was reported against more

4 nov 2014

Renewable power investments worth some EUR480 million were completed in the first nine months of this year, according to ZF calculations based on information provided by Transelectrica and the energy more

31 oct 2014

Energy prices will remain flat next year, believes Ioan Rosca, chief executive officer of Electrica, Romania’s largest power distribution and supply company, with almost 3.6 million consumers. more

31 oct 2014

Romanian wines are stirring rising interest on foreign markets as well on the significant quality increase based on European Fund injection, says Aurelia Visinescu, one of Romania’s few woman more

30 oct 2014

Two Romanian state-run companies and three foreign groups are interested in taking over the local assets of Italy's Enel group. more

29 oct 2014

Hungary’s oil group MOL says that after acquiring the 42 Agip filling stations through which Italy’s ENI was still present in Romania it will reach a network of almost 190 stations, but that a more

24 oct 2014

Major companies in the energy generation business say they can barely cope now due the decline in power prices and the failure to sign long-term contracts. more

22 oct 2014

Prices will continue to fall next year and the “scary part” is consumers’ lack of appetite for long-term contracts, says Daniela Lulache, general manager of Nuclearelectrica, the company that more

17 oct 2014

The Socea family, a stakeholder in EnergoBit, a major supplier of equipment and services for the energy sector, is making its first major investment after ceding control of the company in 2012. more

15 oct 2014

Romanian energy producer Hidroelectrica, the country’s biggest, in the first nine months of this year generated gross profit worth 817 million lei (EUR185 million), up 20% from the year earlier more

13 oct 2014

Helvetansa, the Romanian-Swiss company founded in 1994 and specialized in luxury watch and jewelry retail, says demand is picking up, but for the time being purchases of items with prices of above more

10 oct 2014

Tinmar Ind, the largest private electricity trader in Romania, owned by businessman Augustin Oancea, signed a one-year contract with ArcelorMittal Galati, the second largest energy consumer in more

7 oct 2014

Engineering company Adrem Invest might allocate another EUR10 million to the biomass (wood waste) power plant in Suceava, which heats 20,000 homes in the city and also generates electricity, to have more

30 sep 2014

Italy’s Stefanel, the first foreign fashion brand that bet on the Romanian market in the early ‘90s, says it has 5-6 production partners in Romania, with around 20% of clothes sold at group level more

29 sep 2014

The number of green energy producers rose by a factor of 186 and the installed capacity by more than 217 times in 2005-2013, following almost EUR6.5 billion investment. This year, however, has been more