02.05.2012

Romania should immediately terminate the energy contracts awarded only to certain groups, which cost the budget millions of euros each year, Jeffrey Franks, head of the IMF agreement evaluation more

02.05.2012

Romania will deregulate the price of energy supplied to the public between 2013 and 2017, i.e. over two extra years than initially agreed, Istvan Szekely, head of the European Commission's mission to more

01.30.2012

Electricity deals on the day-ahead platform of Romania’s energy market OPCOM rose to an all-time record of 37,981 megawatt per hour Monday, equal to 21% of the local consumption forecast for more

01.29.2012

Romania will try to negotiate with the International Monetary Fund a later date to liberalize its energy market, President Traian Basescu told a news conference Sunday. more

01.25.2012

Romanian investment fund Fondul Proprietatea (FP.RO) plans to sell part of its natural gas and energy stocks in 2012, the fund’s manager Greg Konieczny said Wednesday. more

01.19.2012

Romanian aluminum producer Alro Slatina (ALR.RO) Thursday said it is reconsidering all its investments and expenditure, because of the cheap energy deficit, which increased electricity costs. more

01.19.2012

Romanian aluminum maker Alro Slatina (ALR.RO) Thursday said it is considering options, including operations restructuring and stopping less efficient production capacities, if it is unable to buy more

01.18.2012

US industrial giant General Electric says Romania is easily among the top five most attractive European countries for green energy investors, with the main driver continuing to be wind farms, a more

01.18.2012

Italy’s Enel, which became the largest energy distributor in Romania following privatizations, is close to complete 292-MW wind power projects worth over EUR400 million, according to ZF estimates. more

01.18.2012

The start of 2012 brings new investments in wind farms, the most dynamic segment of the Romanian energy sector in the past two years, with projects with a capacity of around 1,000 MW and worth over more

01.17.2012

Renewable energy will soon have to stop relying on government support, since companies investing on this segment are “spoiled” with state aid, Tuesday said Valentin Mircea, vice-president of the more

01.17.2012

Wind farm developer Monsson Group, owned by businessman Emanuel Muntmark, will invest some EUR250 million in the construction of a wind farm in southeast Romania. more

01.16.2012

Solar energy projects have caught speed on the Romanian market, with 51 such projects currently under construction, which entail investments of around EUR500 million, according to data of transmission more

01.05.2012

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

01.03.2012

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

12.20.2011

Romania's energy market might be linked to its counterparts in the Czech Republic, Slovakia and Hungary, state-owned power grid operator Transelectrica (TEL.RO) said Tuesday. more

12.20.2011

November kick-started a genuine revolution in green energy, as this is the first month when the support scheme for green energy became fully operational after a three-year wait for investors in the more

12.16.2011

The Bucharest Court of Appeals decided that state-run hydropower generator Hidroelectrica can maintain its force majeure declaration on the energy delivered to Energy Holding, Hidroelectrica said in a more

12.13.2011

Romanian chemical plant Chimcomplex Borzesti (CHOB.RO) will invest up to EUR22 million in a new thermal power unit, the company said in a statement Tuesday. more

12.12.2011

The ranking of companies with the biggest losses of value in crisis is topped by players in the banking and energy sector, according to the “Top 100 most valuable companies in Romania” yearbook more

12.06.2011

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

12.02.2011

Electricity and gas prices will rise once regulator ANRE asks energy distributors to approach clients with efficiency solutions, whose costs will be covered through the adjustment of delivery prices. more

11.23.2011

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

11.22.2011

Romania has major potential for growth on the energy segment, but exploitation requires large investment, which will be not drawn from private investors as long as policies are not consistent and more

11.21.2011

Romania Hipermarché, operator of Cora chain of hypermarkets, Monday said it has received authorization to act in capacity of electric energy trader on the local market. more