OMV Petrom announces reduction of investments by 20% – 35% in 2015
OMV Petrom will reduce its investment with percentages between 20% and 35% this year, mainly due to the sharp fall…
Electrica’s profit increased by 4% in the first nine months
Electrica recorded in the first nine months of this year a consolidated net profit of 306 million lei, with 12…
The net result of Romgaz, increased by 40% after nine months
Romgaz ended the first nine months of the year with a net profit of 1.114 billion lei, with 317,1 million…
Russia’s Gazprom second quarter net profit up 13 percent
Russian gas producer Gazprom said on Tuesday its second quarter net profit was up 13 percent to 227.6 billion roubles…
Hidroelectrica has increased its profits despite decline in energy consumption
Hidroelectrica obtained a profit of 719 million lei in the first eight months of the year, 12% up compared to…
Gazprom’s Q1 earnings hurt by Ukraine by more than 40%
Russia’s Gazprom reported a 41 percent fall in first-quarter net profit after cutting prices for gas deliveries to Ukraine, and…
Romgaz will invest over 300 million euro in 2014
Romgaz provided in the budget for this year a gross profit of 1.5 billion lei. The company expects total revenues…
