2 aug 2011

National grid company Transelectrica (TEL.RO) says it has slowed down the process of signing contracts that allow “windmills” to connect to the grid because of the very high volume of requests. more

29 iul 2011

Lower rainfalls this year and rising water costs led hydro-power producer Hidroelectrica’s profit down four times in the first half of the year against the similar period of 2010. more

26 iul 2011

Hidroelectrica’s energy contracts for 2010 show the company has walked away from over EUR90 million because it preferred to sell electricity directly, instead of using the energy exchange. more

25 iul 2011

Electrica, the largest state-owned energy supply and distribution company, which will also become an energy producer next year, says it had to revise its investment plans for a wind power farm twice more

22 iul 2011

Romania's dominant oil and gas company Petrom and US giant ExxonMobil, the world’s largest oil company, are taking up the costliest bet ever made on Romania’s underground reserves: seeking more

20 iul 2011

Gazprom, through its Serbian subsidiary NIS, submitted a takeover bid to Rompetrol for all its Romanian filling stations two months ago. The Kazakh owners of Rompetrol rejected it, but the proposal more

15 iul 2011

The amount of wind energy produced in the first six months of this year was double the amount of 2010 as a whole. Producers of green energy therefore gained more in the first six months of 2011 than more

12 iul 2011

Hidroelectrica, Romania’s largest energy producer, took a EUR110-million loan from the European Bank for Reconstruction and Development (EBRD) for the rehabilitation of the Stejaru Bicaz power more

11 iul 2011

Investors in wind and solar energy are drawn into the race of green energy, the hottest sector of the moment by something that acts as a magnet: the aid that the Romanian state provides through the more

8 iul 2011

Lactalis, which in 2008 acquired control of LaDorna, one of the best-known local dairy brands, says the Romanian business has grown each year. The French group also say they have no plans to conduct a more

30 iun 2011

French-held Lactalis, which paid EUR70 to 90 million in 2008 for the LaDorna business, has closed a cheese factory, several milk collection centers and food storage facilities, and the equipment was more

22 iun 2011

French-Belgian group GDF Suez, which entered the Romanian market in 2005 by acquiring the majority stake in former gas distributor Distrigaz Sud, last year posted turnover of around EUR843.2 million, more

20 iun 2011

Romgaz Medias, one of the most valuable state-owned companies that accounts for half of the Romania's natural gas production, is to give EUR168 million, 90% of last year's net profit, plus more

20 iun 2011

The sale of a 9.8% stake in Petrom (SNP.RO), the largest Romanian company, will be completed by late July, Economy Minister Ion Ariton has firmly stated. The minister’s statement is surprising as no more

6 iun 2011

Investment fund SIF Moldova (SIF2.RO), which holds 6% in the largest Romanian bank BCR, challenged in court the lender’s shareholders decision to not pay dividends from the 2010 profit. more