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OMV Petrom – net profit up by 13%, to 980 mln. lei in H1

OMV Petrom ended the first half of this year (H1) with a net profit of 980 million lei, up 13% compared to the same period last year, according to data submitted on Wednesday to the Bucharest Stock Exchange. The value…


Enel could pay over 1 bln. euro for ERG assets

Enel, the largest utility company in Europe, is in the final stage of negotiations for the acquisition of hydroelectric and gas assets from the Italian renewable energy company ERG, exceeding the offers of competitors, including that of the French group…