CE Oltenia increases salaries by 15%
The Oltenia Energetic Complex estimated revenues of 3.913 billion lei and a gross profit of one million lei for the…
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Oltchim administrators call for the bankruptcy of the plant
The Consortium of Oltchim (OLT) Administrators composed of BDO Business Restructuring SPRL and Rominsolv SPRL filed with the Valcea Tribunal…
Delgaz Grid to invest nearly 250 mil. lei in smart grids in the coming years
The distribution company Delgaz Grid, part of the E.ON Romania group, installed approximately 315,000 smart meters, with successive programs amounting…
Atos compensates 100% of its carbon emissions through a global program of wind farms
Atos announces that it managed to compensate 100% of its CO2 emissions around the world in 2018 through a program…
The Romanian Commodities Exchange becomes a member of the FPPG
The Romanian Commodities Exchange has become a member of the Oil and Gas Employers Federation (FPPG), an association that includes…
The partial takeover plan of the National Uranium Company gets high on the agenda
Nuclearelectrica (SNN), the state operator of the Cernavoda nuclear power plant, resumed the plan to take over a part of…
ANRM wants to double its staff
The National Agency for Mineral Resources (ANRM) wants to double its maximum number of posts, from 126 to 240, the…
Electricity price in Romania, half of last week’s, due to wind
The energy price in Romania on the spot market dropped by half, compared to last week, with an average of…
Stab (Engie): 90% of the isolated villages can’t afford gas connection, as costs reach 3,000 euro
Only one in ten potential consumers in remote villages can afford gas connection, as costs rise up to 3,000 euro,…
Petrom announces an investment budget of nearly EUR 876 mln. for 2019
The Ordinary General Meeting of Shareholders approved OMV Petrom’s budget for 2019, according to a company statement. It is estimated…
PwC: The oil and gas sector is becoming attractive and offers stability, electricity is more volatile
A PwC Romania study (Valuation multiples in the context of Bucharest Stock Exchange and local M&A market), that has compared…
EY: Oil and gas are leading the M&A sector in Romania
Despite an increasingly complex geopolitical environment, global appetite for mergers and acquisitions (M&A) marks a record of the past 10…
Rainbow Warrior comes to Romania to promote renewables
Rainbow Warrior, the Greenpeace legendary ship, arrives in Romania from May 29 to June 2 to signal the link between…
OMV Petrom invested EUR 14.5 billion between 2005 and 2018
Bogdan Tudorache According to the company’s report, OMV Petrom invested 14.5 billion euros in the period 2005-2018. The company contributed…
Nuclearelectrica loses 2.3% of growth due to GEO 114 – document
Bogdan Tudorache Nuclearelectrica (SNN) could have estimated an increase in total revenue by 10.5% in 2019, instead of only 8.2%…
Microsoft increases the internal carbon tax
Microsoft announces an increase of the internal carbon tax. This commitment comes as a result of a substantial increase in…
Toyota, Denso and SoftBank have invested USD 1 bln. in the Uber autonomous division
The ridesharing firm Uber has confirmed that its business focusing on developing the technologies needed for autonomous cars will become…
CEE Equity Partners eyes Oscar Downstream
CEE Equity Partners, one of the largest private equity managers in the Central and Eastern Europe region, has set eyes…
InterAgro reps request audience with Premier Dăncilă for restarting fertilizer plants
Representatives of six fertilizer factories in the InterAgro group, controlled by businessman Ioan Niculae, announced on Friday that they are…
The market for urban mobility platforms in Romania is worth about 340 million euro
The market for urban mobility platforms in Romania, which includes players such as Uber and Clever, is estimated at nearly…
Teodorovici: We are interested in giving, through fiscal amnesty, a chance mainly to the big public companies
Minister of Public Finances Eugen Teodorovici said he wants the government to give a chance mainly to public companies, which…