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Energy expert: renewable energy would increase electricity bills by only EUR 2/MWh, not by EUR 12, as the authorities claim
The electricity bill could grow, in 2013, by EUR 12/MWh, authorities blaming this price hike on alternative energy, when...
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Mihail Stanculescu is the new acting managing director of Hidroelectrica
Mihail Stanculescu, the current head of the development division, will also have duties of acting managing director of Hidroelectrica....
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The Competition Council analyzes the takeover of Termo Craiova by Complexul Energetic Oltenia
Competition watchdog analyzes the economic concentration resulted from the merger through absorption of Termo Craiova SRL...
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Kazakhstan to buyback Rompetrol Rafinare (BSE: RRC) from the Romanian state
The Rompetrol Group, with the Romanian state, represented by the Office of State Ownership and Privatization in Industry...
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Complexul Energetic Oltenia estimates a profit down over 50%
Complexul Energetic Oltenia estimates for this year a turnover of over RON 4.1bn and a net profit exceeding RON 100mln. The...
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Piatra-Neamt City Hall plans to build a photovoltaic park worth RON 72.2mln
Piatra-Neamt municipality plans to build a photovoltaic park worth RON 72.2mln (EUR 16.4mln), with an installed power of...
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KPMG assessed Hidroelectrica at a 40% lower value in 2012
Independent evaluator KPMG assessed Hidroelectrica’s value upon a request from the Property Fund (BSE: FP). KPMG discovered...
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OMV Petrom, fined with RON 40,000 for pollution in Dambovita County
OMV Petrom was fined by the Environmental Guard with RON 40,000 after, following a damage, on the route of a company’s...
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Hidroelectrica’s acting managing director was appointed acting MD at Transelectrica Bucharest (BSE: TEL)
The Supervisory Board of Transelectrica Bucharest on Thursday decided to revoke Andrei Gabriel Benghea-Malaies from the position...
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Transelectrica Bucharest (BSE: TEL) posted a four-times lower profit in 2012 y/y
Transelectrica’s financial results in 2012 were much below those recorded in 2011. Thus, last year it posted profits of...
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