Four of Romgaz administrator mandates to be extended, yet another interim
The shareholders of the gas producer Romgaz, one of the most profitable state-owned companies, want to extend the temporary administrator…
Bogdan Chiritoiu: 2017 – the most intense year for Competition Council
The Competition Council has the most intense activity this year, both in terms of the carried out investigations and those…
ELCEN’s profit up 83% to 36 million euro in H1
Electrocentrale Bucuresti S.A. (ELCEN) company, insolvent since October 2016, recorded in the first six months of 2017 a 165 million…
Oltchim buys natural gas worth 7 mln. Euro from Romgaz
Oltchim Ramnicu Valcea, which has declared insolvency, has acquired gas from Romgaz through a contract worth 33.15 million lei (about…
Romgaz sells CET Govora gas worth 7 mln. euro
Romgaz, one of the two largest gas producers in Romania, concluded a 32,33 million Lei agreement, including VAT (about 7…
General Electric gets the first major order in Romania after the Alstom takeover
The conglomerate US General Electric (GE) won a major equipment supply agreement for the new 430-megawatt power plant at Iernut,…
Virgil Metea was confirmed for another 4-year term as general manager at Romgaz
National gas producer Romgaz announced the renewal of the mandate contract of the General Manager Virgil Metea, for a period…
Romanian companies have reached a capitalization of over EUR 20 billion
The market value of the Romanian companies listed on the Bucharest Stock Exchange (BVB) exceeded EUR 20 billion last week, after DIGI…
Toma Petcu: Investment in the state-owned companies is the priority in 2017
The Minister of Energy Toma Petcu announced on Tuesday, May 2nd, 2017, that he urged all energy companies subordinated to…
