10.20.2015

Romania's tax authority ANAF has started the foreclosure procedure on state-owned energy holding CE Oltenia to recover debts worth RON24.8 million to the state budget, ANAF said in a statement. more

09.25.2015

The talks on a potential listing of energy holding CE Oltenia on the stock exchange will be resumed in spring, while hydropower producer Hidroelectrica will only be listed after it exits insolvency, more

09.25.2015

The Jilt Nord mine, which belongs to state-run energy holding Complexul Energetic Oltenia, will be opened and put into exploitation at a capacity of 4.5 million tons of brown coal per year, following more

09.24.2015

Anina Radu, vice-president and deputy general manager with regional investment fund SIF Oltenia (SIF5.RO), bought on the Bucharest Stock Exchange September 22 a stake of 12,930 shares in the company more

09.16.2015

Romanian regional investment fund SIF Oltenia (SIF5.RO) posted the highest net profit of all five SIFs in the first eight months, at RON139 million, while in August alone, the fund’s profit stood at more

09.02.2015

The Romanian Government plans to build an energy group of 600 MW at state-owned thermal power producer Rovinari, within energy holding Complexul Energetic Oltenia (CE Oltenia), a project worth nearly more

08.25.2015

Romania’s energy holding CE Oltenia will hire a consultancy company to draw up a restructuring and reorganization plan and analyze the potential closing down of certain energy units, the company more

08.11.2015

Romanian regional investment fund SIF Oltenia (SIF5.RO) Monday said in a statement on the Bucharest Stock Exchange it appointed Paul Prodan as a third member in the fund’s Audit Committee. more

07.28.2015

Romanian state-owned railway freight carrier CFR Marfa won the bid to transport coal to one of its biggest clients, energy producer CE Oltenia, so that it will continue to transport approximately 18 more

07.20.2015

Romania’s energy holding CE Oltenia laid off nearly 2,000 employees this year and outsourced the jobs of 1,070 others, reaching 15,400 employees. more

07.15.2015

SIF Banat-Crisana (SIF1.RO) posted a net profit of 43.6 million lei in the first half of 2015, threefold lower than the same period a year ago, mainly fueled by sale transaction early this year. more

07.14.2015

Regional investment fund SIF Oltenia (SIF5.RO) bought a 3,000 stake in vegetal oil producer Argus Constanta (UARG.RO) on the Bucharest Stock Exchange July 9, in a 9,000 lei deal. more

07.14.2015

The restructuring of energy producers CE Oltenia and CE Hunedoara is compulsory in order to be competitive on the market and the government should appoint a consultant to set up a long-term scenario more

05.27.2015

The government on Wednesday approved a decision assigning funding amounting to RON12.6 million as severance pay for 2,133 employees to be laid off by state-owned energy holding CE Oltenia. more

04.16.2015

Romania’s energy holding Complexul Energetic Oltenia budgeted investments of RON870 million for 2015, a part of which will be earmarked for projects aimed at reducing the impact of expenses related more

03.11.2015

The board of Romanian regional investment fund SIF Oltenia (SIF5.RO) proposed the payment of a gross dividend worth RON0.12 per share, totaling RON69.6 million (EUR15.66 million), representing 73.4% more

02.27.2015

Romania's Energy Ministry has transferred mines Aluni and Berbesti in Valcea county from energy holding CE Oltenia to coal and power producer CET Govora, extinguishing the historical debts between the more

02.22.2015

Bucharest Court ruled against the petition of regional investment fund SIF Oltenia to block the financing for Prodplast Imobiliare shopping center, but the decision is not final and can be appealed. more

12.30.2014

Romania's largest electricity generation company Hidroelectrica might go public in the first half of 2015, after having had to postpone its initial public offering scheduled for June 2014 due to the more

12.11.2014

Hidroelectrica and Complexul Energetic Oltenia, Romania’s largest energy producers, are preparing to be floated on the stock market. However, the two companies, which supply half of the country’s more

12.09.2014

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

10.14.2014

Romanian regional investment fund SIF Oltenia (SIF5.RO) reported a profit of 71.7 million lei (EUR16.1 million) in the first nine months of the year, down 39% from RON117.88 million in the more

09.16.2014

Romania's energy holding CE Oltenia has modernized all the thermal power plants it operate sin the southern region of the country but no longer has a market because of renewable energy and the high more

09.03.2014

The first six months of 2014 brought a record in terms of Romania’s energy exports, with domestic producers sending over 3 terawatt hours of electricity abroad, the highest level since 2007, the more

08.28.2014

Regional investment fund SIF Oltenia has petitioned the court to cancel decisions of Prodplast Imobiliare shareholders to attract funding for the development of a shopping center and the decision of more