The planned maintenance of unit 1 of its nuclear power plant Cernavoda is postponed. The decision was made by Board of Directors of Nuclearelectrica, Romanian electricity…
The six stations which are located in Arad, Timis and Sibiu counties will be operated by SOCAR based on a ten-year lease. SOCAR’s Romanian subsidiary currently…
According to the draft 2020 budget, the total revenues of the company will be around 800 million euros, compared to 890 million euros in 2019. Romanian…
Previously, Allianz held 4.92 % stake in Electrica. Romanian electricity supplier and distributor Electrica said that entities indirectly controlled by the German insurance group Allianz have…
The fund will invest 43 million dollars in the construction of a deparaffining plant on the petrochemical platform of the Petromidia refinery.The Kazakh-Romanian investment fund, in…
The takeover is approved by the shareholders of Romanian electricity producer Nuclearelectrica, a company which operates country’s sole nuclear power plant Cernavoda. The launch of procedures…
Romanian authorities adopted a new ordinance witch caps the prices for electricity and heating, natural, natural gas, water supply, sanitation and fuel. The ordinance stipulates that…
The largest refinery in Romania, Petromidia Navodari, operated by KMG International (KMGI), will keep investing in development and capital repairs. The company will process 5.5 million…