Romgaz’s net profit rose 15% in 2020, despite declining gas sales
Romgaz obtained a net profit of 1.25 billion lei last year, up 15.14% compared to 2019, but the company’s turnover…
Restart Energy: Green bond offer, oversubscribed in the first 10 days
Restart Energy, one of the largest independent suppliers of electricity and natural gas on the local market, obtained a financing…
Năsui: Investors must be treated with respect and with great predictability
Investors must be treated with great respect and predictability and ”we want the interaction with the state to be as…
ANRE has increased Electrica’s distribution tariffs
The National Energy Regulatory Authority (ANRE) has increased the distribution tariffs charged by Electrica subsidiaries with values between 2.8% and…
Romgaz received a new tranche, of 115 million lei, for the Iernut Power Plant
Bogdan Tudorache Romgaz received the second tranche, of 115 million lei, out of the total of 320 million provided for…
Bucharest Exchange’s liquidity, up almost three times after the upgrade to Emerging Market
Transactions with the shares of companies listed on the Bucharest Stock Exchange (BVB) exceeded half a billion euro in September…
FP at 10 years – the most active promoter of corporate governance and privatization
Bogdan Tudorache Franklin Templeton celebrates on 29 September 10 years since taking over the management of Fondul Proprietatea (FP), as…
Nuclearelectrica was included in the Emerging Markets indices of FTSE Russell
Nuclearelectrica becomes the first majority state-owned Romanian company listed on BVB that is included in the FTSE Russell indices dedicated…
ANRE decreased by 3% the tariff for system services of Transelectrica
Bogdan Tudorache Transelectrica announced the investors regarding the publication in the Official Gazette no. 567/ 30.06.2020 of the Order no.…
Parliament to send state-owned firms back in time
Through a movement that proves the lack of economic education, but also a repetition of the history of the last…
Changes in the Board of Directors of Rompetrol Rafinare
Bogdan-Cătălin Steriopol was appointed interim member of the Board of Directors of Rompetrol Rafinare, replacing Mihai-Liviu Mihalache, who resigned from…
Electrica analyzes the possibility of participating, together with SAPE and Hidroelectrica, in the tender for CEZ subsidiaries in Romania
Electrica is analyzing the possibility of participating, in consortium with the Energy Participation Management Company (SAPE SA) and Hidroelectrica, in…
An Oil Terminal shareholder is requesting an extension of the talks on the capital increase
Oil Terminal (OIL) received the request of Dumitrescu Valentin Sebastian, a shareholder holding 16.73% of the company’s shares, to complete…
BVB recovered 4.63% in April, posting the highest monthly growth rate
The companies listed on the Bucharest Stock Exchange (BVB), included in the BET index, registered an increase of 4.63% in…
PwC România: BSE lost 34% since the beginning of the year, yields still over T-bonds
Bogdan Tudorache Bucharest Stock Exchange (BSE) lost from the start of the year, since the first news about Coronavirus, 34%…
Allianz exceeds the 5% threshold in Electrica, benefits from shares recovery
Bogdan Tudorache An investment fund owned by Allianz has acquired Electrica shares, exceeding the 5% threshold, according to a report…
Nuclearelectrica proposes dividends of about 500 million lei, obtains a new certification
Bogdan Tudorache Nuclearelectrica convened the general meeting of shareholders for April 27. In the convening act, the company proposes to…
TeraPlast enters the BET index, which expands to 17 companies for the first time in history
Bogdan Tudorache The Bucharest Stock Exchange (BVB), a fundamental institution of the capital market, has decided to expand to 17…
Deloitte: The effects of the COVID-19 pandemic on financial markets
Bogdan Tudorache The International Monetary Fund (IMF) has announced that it is making available to emerging and low-income states $50…
Fears of the coronavirus epidemic have joined the oil price crash, causing stock market declines in Bucharest
Fears of the coronavirus epidemic have joined the oil price crash, and this situation led to the Bucharest Stock Exchange…
Electrica posted net profit down 13.5% for 2019
Electrica SA reported an individual net profit (preliminary and unaudited) decreasing by 13.5% in 2019 compared to 2018, to 257.7…
Norway’s sovereign fund sells holdings of Nuclearelectrica and Romgaz
Norway’s Sovereign Investment Fund, the largest in the world, with assets under management of about 1.1 trillion USD, liquidated in…
Oil Terminal – profit almost nine times higher than in 2018
Oil Terminal, the operator of the Black Sea oil terminal, reported a preliminary net profit of 2.42 million lei for…