11.14.2012

Romanian state-run energy company Electrica plans to sell stakes of 13.57% each in two power suppliers to Italian utility Enel in a bid to raise EUR448.2 million, the government said Wednesday. more

11.11.2012

Romanian state-run energy company Electrica and its subsidiaries invested 501.7 million lei (EUR111 million) in the first nine months of the year, and a part of the money went to two wind farm more

09.27.2012

Romanian chemical plant Chimcomplex Borzesti (CHOB.RO), owned by businessman Stefan Vuza, has not bought the EUR150 million debt of chemical plant Oltchim Ramnicu-Valcea (OLT.RO) to state-run company more

08.24.2012

Romanian state-run power company Electrica SA will select advisors for the privatization of its units Electrica Furnizare and Electrica Serv on September 25 and October 1, respectively, the company more

08.06.2012

Romania’s Economy Ministry plans to sell stakes of 39% in each of the three distribution units belonging to state-run power company Electrica, according to a draft government decision. more

07.31.2012

Romanian state-run energy company Electrica plans to sell 13.47% of its 23.57% stake in power distributor Electrica Muntenia Sud to Italian utility Enel in a bid to raise approximately EUR375 million, more

07.31.2012

Economy Ministry secretary of state Gelu Stefan Diaconu will be appointed temporary administrator of Romanian state-owned power distributor Electrica, according to a memorandum included on the agenda more

07.17.2012

Czech energy group CEZ is interested in participating in the privatization process of the remaining distribution units of Romanian state-run power company Electrica, the head of CEZ Romania said more

06.01.2012

Romanian Economy Minister Daniel Chitoiu on Friday signed three contracts financed with non-reimbursable EU money targeting several projects developed by state-owned electricity distributor Electrica more

05.31.2012

The distribution branches of Romanian state-owned energy company Electrica posted a cumulated net profit of 116 million lei (EUR27.4 million) in 2011, more than double from RON47.1 million in the more

05.30.2012

Romanian electricity distributor Electrica Distributie Muntenia Nord said its turnover rose 15% on year to 685.7 million lei (EUR162.1 million) in 2011, compared to RON596 million in 2010, according more

05.20.2012

Ioan Folescu, general manager of Romanian energy supplier Electrica, resigned Friday, after the new administration expressed its doubts over his lack of political involvement. more

03.27.2012

The three branches of Romanian electricity supplier Electrica will be floated on the Bucharest Stock Exchange in the second half of this year, and the listing schedule will be developed within a more

03.27.2012

Romanian authorities decided the start of procedures to list 15% stakes in electricity distributors Electrica Distributie Transilvania Sud, Electrica Distributie Transilvania Nord and Electrica more

03.20.2012

Employees of Romanian power producer Electrica SA will be able to buy stock in the company’s privatized units by the end of this year, within a process that has been postponed since 2005, economy more

02.10.2012

Wind farms have been disconnected from the system, distributors have suffered millions of euros in damages and 50,000 residents in small towns have been left in the dark. more

01.31.2012

Romanian state-run power company Electrica SA will sell stakes of 15% in each of its distribution units on the Bucharest bourse and will hire legal advisers by mid-February, according to a draft more

01.23.2012

Romanian state-owned electricity distributor Electrica asked German utility group E.ON to pay damages worth EUR50 million within a litigation initiated by E.ON in the International Court of Arbitrage more

01.20.2012

Romanian state-owned power distributor Electrica plans to sell the shares it owns in companies detached from Electrica Muntenia Sud, a subsidiary sold to Italian utility group Enel. more

01.19.2012

Romanian chemical company Oltchim (OLT.RO) Thursday said it will establish a payment schedule for its debt to energy supplier Electrica, a day after the latter has terminated an agreement signed in more

01.18.2012

Romanian state-run power distributor Electrica has called off an auction to purchase wind turbines for its planned wind farms in the eastern county of Galati, saying the offers received were more

01.18.2012

Romanian electricity supplier Electrica on Tuesday terminated its electricity supply contract with chemical company Oltchim (OLT.RO), and deliveries to the plant were taken over by Electrica more

01.16.2012

Romanian state-owned electricity supplier Electrica reduced volumes delivered to chemical company Oltchim (OLT.RO), because of a debt worth more than EUR100 million, and it is summoning the company to more

12.29.2011

Romanian state-owned electricity supplier Electrica plans to take out a loan worth up to EUR70 million, for the construction of a wind farm in eastern Romania. more

12.23.2011

Romanian state-owned electricity distributor Electrica SA wants to attribute a contract worth 46.3 million lei (EUR10.8 million) through negotiation. more