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RCS & RDS continues its efforts to gain the right to distribute electricity
Two companies of the group RCS & RDS currently have ongoing projects for the development of some electricity distribution networks,…
Fondul Proprietatea receives more than 100 million euros for 4.15% of Romgaz
Fondul Proprietatea (FP) sold through an accelerated private placement 4.15% of the stakes in Romgaz, more than initially planned, for…
The Tax Service forecloses CEO for almost 25 million lei in debt
ANAF launched the procedure for enforcement of Complex Energetic Oltenia (CEO) for a total state debt of 24.8 million lei…
KMG International made profits of 11.4 million dollars to nine months
KMG International (former Rompetrol Group) recorded in the first nine months a net profit of 11.4 million dollars, compared to…
Iran asks OPEC to reduce oil production for the prices to climb
OPEC member states should cut oil production for prices to climb to 70-80 dollars per barrel, said the Iranian oil…
ROPEPCA: Oil and gas investments depends on the long-term stability of the fiscal framework
For more than five years, the International Monetary Fund (IMF) urges Romania, through the arrangements made for financial stability, to…
ALD Automotive expects growth from electric vehicles and telematics
For 10 years in Romania, ALD Automotive builds on its international experience gained in over 40 countries. The company managed to…
E.ON sells oil and gas assets in Norway for 1.6 billion dollars
The German utility Group E.ON, has entered into an agreement to sell the exploration and production activities in Norway to…