25 iul 2012

Renewable energy producers got green certificates worth some EUR138 million in the first six months, which is significantly higher than the about EUR95 million they got for the entire last year. The more

25 iul 2012

Dairy producer Tnuva, the largest player in the Israeli food industry, has reached the final stage of its exit from the local market, putting up for sale its plant in Popesti-Leordeni. more

24 iul 2012

Romania insolvent state-owned energy producer Hidroelectrica and Energy Holding have agreed Monday on the price of the contract, but Hidroelectrica’s representative also aim to cut the duration of more

17 iul 2012

The turnovers of the 33 largest companies controlled by the Romanian state, whether they operate in energy, transport or natural resources, last year exceeded EUR10 billion. more

16 iul 2012

Energy Holding, one of the most profitable private energy traders, ended 2011 in the red, after having made hefty profits from selling the cheap electricity it got from state-owned hydropower producer more

11 iul 2012

Romania’s largest insolvency, that of energy producer Hidroelectrica, is proving an increasingly tough mission, since the company could again use the force majeure clause because of the drought. more

5 iul 2012

While the Romanian state’s most valuable asset, Hidroelectrica, is insolvent, companies that buy energy at below market prices and sell it on make significant profits, ending up with turnovers of more

2 iul 2012

Oil companies saw a new year of growth in 2011, mainly due to significant price hikes despite the fact that the Romanian market continued to be affected by low purchasing power. more

28 iun 2012

The scheme granting six green certificates per each megawatt of solar power generated remains valid for the projects done by early 2014. more

22 iun 2012

Environmental protection and construction equipment manufacturer Comelf, controlled by the Uzinsider Bucuresti group, in 2009 started making small parts for wind power farms, an industry that was just more

16 iun 2012

Renewable energy producers received nearly EUR750,000 each day over the past month, and the value of subsidies granted to companies generating power by using wind, sunlight or water resources amounted more

13 iun 2012

Wind energy is no longer just a trend, because on May 13, wind turbines covered more of the national consumption of energy than the Cernavoda nuclear power plant. At the time, though, the nuclear more

8 iun 2012

Romania had fifteen wind farms worth more than EUR1.7 billion operational at the beginning of June. Four of the fifteen farms, whose total capacity stands at about 1,165 MW, more than a Cernavoda more

7 iun 2012

Strauss Romania, producer of the Doncafe coffee, forecasts revenue of 232 million lei (about EUR52 million) for this year, up more than 9% compared with 2011, when sales were flat. more

6 iun 2012

No local oil company has announced plans to cut pump prices, despite the drop of the Brent oil barrel below $100 in the past week, to the January 2011 level, and despite the 24% decline recorded since more

5 iun 2012

Almost one year since becoming chief executive of OMV, Gerhard Roiss gives a few clues about the prospects of Romania's largest oil and gas producer, Petrom, as well as its future challenges. more

5 iun 2012

Wrigley Romania, the producer of the Orbit chewing gum, posted sales of 214 million lei (around EUR50 million) last year, up about 4% on 2010. more

4 iun 2012

Tinmar-Ind, an energy trader controlled by businessman Augustin Oancea, almost doubled its revenue last year, to more than EUR324 million. more

4 iun 2012

Romanian thermal power producer Turceni, Rovinari and Craiova ended last year with record revenue, as the drought that hurt Hidroelectrica was a real boost for the business of the three plants. more

29 mai 2012

Romgaz Medias, Romania’s largest gas producer and the most profitable state-run company, last year reached a net profit of over 1 billion lei (around EUR0.22 billion), 35% more than the preliminary more

28 mai 2012

Drought has continued to negatively impact the turnover of Hidroelectrica, Romania’s largest energy producer, as the electricity generated by the company in the first quarter of the year was almost more

25 mai 2012

Green power producers collected from the support scheme put in place by the Romanian government almost EUR100 million in the first four months of the year, as much as they did last year. Eighty more

24 mai 2012

Rompetrol, the second-largest player on the Romanian oil market, continued cost cuts in the first part of this year, with over 100 people having left the group since the beginning of 2012. Rompetrol more

23 mai 2012

Petrom, the largest oil company in Romania, is preparing its strategy for the next decade, and the document will be presented this summer, according to the latest available information. more

17 mai 2012

After taking over at the helm of Danone Romania in April, Dieter Schultz set several clear objectives for his mandate: the first of them is to keep the company on an upward trend in 2012, even if the more