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AmCham Romania has a new Board of Directors, Jaak Mikkel (GM Coca-Cola HBC Romania) becomes president
The American Chamber of Commerce in Romania (AmCham Romania) has a new Board of Directors, following the elections and annual…
FP pays ”dividends” of 0.05 RON per share
Fondul Proprietatea (FP) will proceed with the payment of the special distribution of RON 0.05 per share starting with 27…
Dan Cătălin Stancu, Electrica: We plan to sell comfort, not just electricity
With a history of 120 years, Electrica is once again a young company in the process of reinventing itself, says…
EximBank to insure for five more years the Romanian exports in EU and OECD
EximBank will continue to issue insurance policies in the name of and on account of the Romanian State until 2021…
Gas price in Bulgaria to hike by 30%, over the average price in Romania
Bulgaria’s Energy and Water Regulatory Commission (EWRC) will likely approve a 29.63% gas price hike as of April 1, writes…
ENEL will invest 329 mln. euro in Romania by 2019
Enel has planned investments for a total of 329 million euro for the current regulatory cycle ending in 2018, of…
AFM works on the new Financing Guideline for electric charging stations
The Program for supporting the installation of charging stations for electric cars had five budgets, since June 2016. At the…
Gazprom seeks $50bln at Stockholm arbitration hearings from Naftogaz
Russia’s gas giant Gazprom seeks $50 billion from Ukraine’s Naftogas at the Stockholm Arbitration hearings and its claims can increase…
DNV GL will check compliance with the EU offshore safety directive for Black Sea Oil and Gas
Black Sea Oil and Gas (BSOG) chose DNV GL for the Front End Engineering and Design (FEED) verification of the…
Gazprom and Eni agree on gas supplies via Southern Corridor
Gazprom and Italy’s Eni signed a memorandum of understanding to jointly develop the so-called Southern Corridor of gas from Russia…
Gas imports increased almost threefold in January
Romania imported in January 2017 an amount of natural gas of 281,200 tonnes of oil equivalent (toe), about 271.5% (205.5…
Purice, BRM: About 20-25% of Romania’s population in need of subsidized gas
A possible liberalization of the gas market will result initially in a slight increase in the tariff, but in the…
Black Sea Oil and Gas to build a gas treatment plant in Corbu
The Black Sea Oil and Gas S.R.L. company, owned by Carlyle, the largest private equity fund in the world, that…
Deloitte: Almost half of Romanian CFOs see operating margins stagnate during 2017
About 47% of the CFOs expect stagnation for operating margins, suggesting that companies are keener on maintaining current operational performances,…
Romania imported 42% more oil in January
Romania imported in January 2017 a quantity of crude oil of 729,900 tonnes of oil equivalent, with 218,100 toe (42.6%)…
Metea (Romgaz): Gas market liberalization is a challenge
For Virgil Metea, general manager of Romgaz, the liberalization is a challenge. “From a personal point of view, the liberalization…