5 ian 2012

Electrical power consumption in 2011, an important indicator for the economy's evolution, was really close to matching the 2008 level, regarded as exceptional for Romania, missing the mark by a mere more

4 ian 2012

Kazakh-held Rompetrol, the second-largest player in the Romanian oil industry, will continue cost cutting measures this year, considering that since 2007 when the group was bought by KazMunayGas just more

3 ian 2012

2012 should come with a wave of asset sales in the energy sector, considering that all reorganization plans have failed. Electrica Serv, Electrica Furnizare, energy companies Oltenia and Hunedoara, more

29 dec 2011

The capacity of operational wind farms in Romania has reached this year 1,009.5 MW, 40% higher than the capacity of reactor of the Cernavoda nuclear plant. Investments exceeded EUR1.5 billion if more

16 dec 2011

OMV Petrom (SNP.RO), the largest company in Romania, could be significantly affected by the changes of the Gas Law approved by the Chamber of Deputies on Thursday. more

6 dec 2011

Seventeen state-owned companies were included in this year's “Top 100 Most Valuable Companies in Romania”, three of which were new entries and the rest of them regulars in this ranking put more

5 dec 2011

The head of Nestle Romania, one of the largest groups in the food industry, believes only those who don’t spend their time complaining about the effects of the crisis have the resources to go after more

2 dec 2011

German dairy producer Müller estimates its sales in Romania will rise 40% to EUR10 million in 2011, amid a flat market. more

30 nov 2011

Italy’s Enel, the largest private company that distributes and supplies electricity to the Romanian market, will invest over EUR100 million to implement a system of online monitoring for high and more

25 nov 2011

Perseverance, a clearly set goal and a lot of work are some of the ingredients that have helped 12 Romanian entrepreneurs to build strong, crisis-resistant businesses, which have good growth prospects more

23 nov 2011

Daniel Turnheim is the youngest member of the management of Petrom (SNP.RO). He took over as chief financial officer a year ago. The 36-year old executive’s appointment came at a time when the only more

23 nov 2011

October turned out to be a good month for wind power, as strong winds drove output up to more than double the level of July, for instance. more

18 nov 2011

Two Romanian chocolate makers have joined forces to cope with competition from multinationals: Kandia – a brand that has been around for 120 years in a confectionery market that switched from lack more

17 nov 2011

Chocolate manufacturer Kandia, one of the best-known brands on the local market, is about to take over the Supreme Chocolat group, owner of the Primola brand. The deal is already on the desk of the more

16 nov 2011

Seven companies asked for the annulment of the force majeure notices issued in September by Romania’s Chamber of Commerce and Industry (CCIR), but only Energy Holding, assisted by law firm Tuca more

15 nov 2011

The Romanian government will provide over EUR10 billion through a support scheme for green energy projects, but has no certainty that this money, which will be paid through individuals’ and more

11 nov 2011

Electrica, the only electricity distribution and supply company still in the portfolio of the Romanian state, says it has to recoup RON1.6 billion (EUR380.9 million) from companies to which it more

4 nov 2011

The Black Sea depths are becoming the busiest battleground for the world’s oil giants, which have so far announced plans to spend $2.5 billion to explore this unknown area. Early next year, Romania more

28 oct 2011

ExxonMobil hopes that along with Petrom, Romania’s largest company, it will join the exclusive club of prospectors of the sea depths, through their operations in the Neptun block in the Black Sea. more

21 oct 2011

The support scheme granting over EUR10 billion in aid to green energy investors will enter force next week (October 24 through October 30), a moment awaited by investors in the sector for three years. more

20 oct 2011

Lactalis Romania, the local unit of the French giant that owns since 2008 LaDorna, one of the best-known dairy brands on the local market, has for the first time revealed its development strategy, as more

19 oct 2011

The price of the oil barrel has fluctuated heavily in 2011; from a peak of $114.53 in April, it plunged to $76.39 at the beginning of October. This trend, however, did not induce any response in the more

19 oct 2011

Neither the government, nor the Economy Ministry could answer a ZF request for a list of the 100 largest exporters in Romania, the value of their exports and their performance in the first seven more

18 oct 2011

More and more energy specialists are choosing to leave Romania in search of higher pay and because only a handful of new investments in this sector that might have required their expertise have been more

17 oct 2011

The amount of power generated by wind farms in the first nine months of the year was over ten times higher than in the corresponding period of 2010, and owners of windmills made more than EUR42 more