FP negotiates with the state the buying of shares in Electrica’s IPO
Fondul Proprietatea (FP) is negotiating the takeover of shares in Electrical, in the initial public offering (IPO) or from the…
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Rosneft Retreats to 10-Month Low as U.S. Sanctions CEO Sechin
OAO Rosneft, the world’s largest publicly traded oil producer, fell to the lowest level in 10 months in Moscow after…
24/7 dispatch center for photovoltaic and eolian plants from WSB Service SRL
WSB Service Ltd received from national grid operator Transelectrica the license required for 24/7 dispatching for photovoltaic and wind power…
Electrica will get the money CFR owes to it in May
Electrica signed a convention with CFR (the Romanian Railway Company) by which the national railway company is committed to pay…
GDF SUEZ Energy Romania 4.12 billion lei turnover in 2013, up 2%
Natural gas and electricity distributor GDF SUEZ Energy Romania, a subsidiary of French group GDF SUEZ, recorded last year a…
General Electric and Siemens compete for Alstom’s purchase
U.S. company General Electric (GE) wants to buy for 9.4 billion euros the electricity business of rival Alstom, operations that…
Companies are exempt from tax on reinvested profits until 2016
From July to the end of 2015 firms investing in production and / or purchase of machinery and any other…
Romania to receive UE money to clean up oil waste from several areas
European Commission will provide 74.3 million euros to Romania for cleaning several areas contaminated with petroleum products, in several counties.…
Romania discourages investments in renewables in the next years
The support scheme for renewable energy should be so designed as to make clear that the authorities in Romania do…
Korodi: Romania has the obligation to see what are its shale gas resources
Environment Minister Attila Korodi identified as a problem the fact that from the industrial operations with environmental impact the local…