DEER invested 155 mln. euro in 2023, revenues up 30%
According to the preliminary consolidated results published by the Electrica group, the company Distribuție Energie Electrică Romania (DEER) realized and…
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Enel, 2022: Ordinary EBITDA of 19.7 bln. euro, exceeding group guidance
The Board of Directors of Enel S.p.A., chaired by Michele Crisostomo, met today to review the preliminary consolidated results for…
ANRE has budgeted revenues of over 166 mln. lei for 2022
The National Energy Regulatory Authority (ANRE) has foreseen for 2022 revenues of 166.56 million lei, of which 129.61 million lei…
Prosumer revenues from the sale of electricity will not be taxed – project
A legislative project to amend the electricity law, now in Parliament, provides for the exemption of small prosumers from the…
Transelectrica’s profit, up 28% in 2019
Transelectrica’s profit registered an increase of 28% in 2019, to 104.4 million lei, according to the preliminary financial report. The…
The companies in Adrem group had stable revenues, in 2019, around 40 million euro
The companies in Adrem group had stable revenues this year, at around 40 million euros, according to the CEO and…
The budget project for 2020 is built on economic growth of 4.1% and a budget deficit of 3.59% of GDP
The budget project for 2020 is built on an economic growth of 4.1%, a budget deficit of 3.59% and an…
Transgaz reports a net profit of 224 mln. lei at 9 months, down 25%
The National Transgaz Mediaş National Gas Transport Company reported a net profit of 224.6 million lei in the first nine…
Exxon, Shell feel the pain of natural gas glut in Q2 results
The world’s oil majors are feeling the heat from steadily shifting their investments toward natural gas, as weak gas pricing…
Harasgama: Electroprecizia will double revenues over the next four years
The new CEO of Electroprecizia, Pritha Harasgama, wants to double the company’s business in the next four years. He led…
Additional energy taxes, collected for an extra year
Additional taxes imposed on energy companies from early 2013, which were due to expire at the end of this year,…
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…
Rompetrol Rafinare increases its revenues and reduces losses
Rompetrol Rafinare increases its revenues and reduces losses Rompetrol Rafinare, a member company of KMG International, recorded a USD 4.33…
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…
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…
