Romania’s Fond Proprietatea, a minority shareholder in Hidroelectrica, announced this week that its shareholders have decided that the planned public offering of a 19.94% stake in…
The European Bank for Reconstruction and Development (EBRD) said that it has provided a loan in the amount of 30 million euros to Romanian privately-owned electricity…
Fitch Ratings said that it has reaffirmed the Long- Term Foreign-Currency Issuer Default Rating (IDR) of Romanian electricity producer Nuclearelectrica at BBB- with a negative outlook.…
Rompetrol Rafinare, a member company of the KMG International Group, recorded a net profit in the amount of 161.2 million dollars in the first nine months…
Romanian electricity distributor and supplier Electrica recorded a net profit in the amount of 109 million euros in the first nine months of 2022, compared to…
The European Commission (EC) is currently analyzing the Romania’s amended “cap and subsidy” support scheme, but, according to sources, the Commission will need more time to…
Romanian natural gas transmission system operator Transgaz recorded a net profit in the amount of 56 million euros in the first nine months of 2022, which…
Romanian electricity transmission system operator Transelectrica recorded a net profit in the amount of 85 million euros in the first nine months of 2022, which is…
Romanian oil and gas company OMV Petrom has started production of AdBlue, an essential product for reducing emissions of diesel engines. In the first phase, AdBlue…