Browsing: Romania

Shareholders of Romanian oil pipeline operator Conpet Ploiesti, in which the state holds 58.7 % stake, approved the distribution of dividend for 2019 in total amount…

The coronavirus outbreak and the efforts to contain it affect the global economy and, as a result, have a negative impact on prices and demand for…

OMV Petrom company estimates a 45 % drop in fuel demand in the second quarter of this year and a 20 % decline on an annual…

The shareholders of the Romanian electricity distributor and supplier Electrica approved the distribution of a gross dividend in the amount of 0.15 euros/share from the company’s…

Romanian natural gas producer Romgaz said that its total hydrocarbon production in the first quarter of 2020 fell by 4.6 % year-on-year to 8.81 million barrels…

The initial public offering (IPO) of the largest Romanian electricity producer, in which the fund holds 20 % stake, is not possible in this year, but…

State-owned coal-based electricity producer Energy Complex (EC) Oltenia said that it has completed the payment of emission certificates related to last year’s electricity production. EC Oltenia…

The shareholders of the largest Romanian electricity producer Hidroelectrica will vote on the management’s proposal to distribute 90 % of last year’s 290 million euros net…

Last September, Fitch Ratings assigned Electrica a first time BBB rating with a stable outlook. Fitch Ratings announced that it has revised the outlook of Romanian…

Romanian do-it-yourself retailer Dedeman announced that it has installed solar panels on the roofs of its 28 stores, with the value of the investment exceeding 4…