01.22.2014

Romanian state-run energy holding CE Oltenia will be stripped of two of its coalmines in Valcea County ahead of a planned listing on the Bucharest Stock Exchange, in a move to render the company more more

01.22.2014

Romanian state-run energy holding CE Oltenia failed to sell a planned 1.48 million megawatt-hours of electricity on the local energy exchange Tuesday due to lack of offers. more

01.20.2014

Romanian state-run energy holding CE Oltenia plans to sell electric power worth 273.3 million lei (EUR60.33 million) on the local energy exchange OPCOM Tuesday. more

01.15.2014

Complexul Energetic Oltenia (Oltenia Energy Complex), the largest thermal power producer in Romania, expects 5 billion lei (EUR1.1 billion) revenue this year, 4% higher than in 2013, but the gross more

01.14.2014

Romanian regional investment fund SIF Oltenia (SIF5.RO) reported last year a profit of RON130 million (EUR29.4 million), up 47% compared with RON88.4 million in 2012, mainly due to the sale of several more

12.12.2013

Romanian regional investment fund SIF Oltenia (SIF5.RO) has bought 0.44% of the shares of state-run natural gas transporter Transgaz (TGN.RO) for 8.91 million lei (EUR2 million) via a private offering more

12.12.2013

Romania’s state-run energy holding CE Oltenia plans to sell electricity to countries in central and eastern Europe and has started negotiations with potential buyers in six markets in the region, more

11.20.2013

Romanian vegetable oil producer Argus Constanta (UARG.RO) has bought a 36.32% stake in grain producer Comcereal Tulcea (CTUL.RO) for 8.2 million lei (EUR1.8 million euro). more

10.28.2013

Revenues of Romanian regional investment fund SIF Oltenia (SIF5.RO) rose 2.5-fold on the year to nearly 262 million lei (EUR59.4 million) in January through September 2013, mainly due to selling some more

09.18.2013

Romanian regional investment fund SIF Oltenia (SIF5.RO) will launch a public offering to take over 44.3% in vegetable oil producer Argus Constanta (UARG.RO) for 38 million lei (EUR8.5 million). more

08.13.2013

Romanian regional investment fund SIF Muntenia (SIF4.RO) Tuesday said its revenues fell to 71.3 million lei (EUR16.2 million) in the first half, from RON108.7 million a year earlier. more

08.06.2013

Romanian regional investment fund SIF Oltenia (SIF5.RO) Tuesday said its revenues more than doubled to 189.9 million lei (EUR43.2 million) in the first half, from RON86.66 million a year earlier. more

07.30.2013

Romanian state-run energy holding CE Oltenia, which was set up in mid-2012, registered turnover of 1.22 billion lei (EUR278 million) in the first half of the year and gross profit of RON110 million. more

06.14.2013

Romania’s government wants to rethink plans regarding energy producer CE Oltenia and is considering selling it to a strategic investor or sealing a partnership with a private company, according to more

06.11.2013

Romania’s Competition Council said it has authorized the takeover of Termo Craiova which administers the heat distribution and supply in Craiova, southern Romania, by state-owned thermal power plant more

05.23.2013

Romanian state-run energy holding CE Oltenia is likely to raise over EUR100 million in its planned initial public offering of 12% of its shares, the company’s general manager Laurentiu Ciurel said more

05.23.2013

Romanian state-run energy holding Oltenia is looking to attract up to EUR160 million financing from the European Bank for Reconstruction and Development to upgrade an electricity production unit at more

05.20.2013

Romanian state-run energy holding CE Oltenia might build several photovoltaic parks, starting 2014, which will allow the company to become renewable energy producer as well, the company’s private more

05.20.2013

Romanian regional investment fund SIF Oltenia (SIF5.RO) bought a 0.09% stake in OMV Petrom (SNP.RO) for about 20 million lei (EUR4.6 million) from Fondul Proprietatea (FP.RO). more

05.16.2013

Romanian state-run energy holding Oltenia estimates its full-year profit will rise 67% to 151.2 million lei (EUR35 million) in 2013, from RON90.4 million predicted for last year. more

05.15.2013

Romanian regional investment fund SIF Oltenia (SIF5.RO) Wednesday said its first-quarter revenue rose 86.6% increase to 51.71 million lei (EUR11.8 million), from RON27.7 million in the previous year. more

05.10.2013

Oltenia Energy Complex (CE Oltenia), Romania’s largest coal-fueled energy producer, covering over 30% of the local consumption, is now working at only 2% of its installed capacity, a situation not more

04.28.2013

The European Bank for Reconstruction and Development (EBRD) will contribute through a EUR200 syndicated loan scheme to the financing of a EUR266 million modernization and rehabilitation project for more

04.26.2013

Romania’s Economy Ministry has hired a consortium comprising lender BRD Societe Generale (BRD.RO) and Swiss Capital to assist with the sale of a 12% stake in state-run energy holding CE Oltenia. more

04.20.2013

The shareholders of Romanian regional investment fund SIF Oltenia (SIF5.RO) has appointed a new Managing Board and three of the former members were reelected, including chairman and general manager more