Property Fund: Hidroelectrica listing, most likely in 2015
The Hidroelectrica listing will be carried out the most certain next year, after it comes out of insolvency, and as…
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Enel Romania will have a new country manager
Enel Romania, a private power supplier with businesses of almost EUR 1 billion, makes a strategic management change. Luca D’Agnese,…
AREX – viable solutions to the Romanian exporters problems
The way international transactions are going is changing rapidly therefore a more modern legislation is needed, the members of Romanian…
FP negotiates with the state the buying of shares in Electrica’s IPO
Fondul Proprietatea (FP) is negotiating the takeover of shares in Electrical, in the initial public offering (IPO) or from the…
Rosneft Retreats to 10-Month Low as U.S. Sanctions CEO Sechin
OAO Rosneft, the world’s largest publicly traded oil producer, fell to the lowest level in 10 months in Moscow after…
24/7 dispatch center for photovoltaic and eolian plants from WSB Service SRL
WSB Service Ltd received from national grid operator Transelectrica the license required for 24/7 dispatching for photovoltaic and wind power…
Electrica will get the money CFR owes to it in May
Electrica signed a convention with CFR (the Romanian Railway Company) by which the national railway company is committed to pay…
GDF SUEZ Energy Romania 4.12 billion lei turnover in 2013, up 2%
Natural gas and electricity distributor GDF SUEZ Energy Romania, a subsidiary of French group GDF SUEZ, recorded last year a…
General Electric and Siemens compete for Alstom’s purchase
U.S. company General Electric (GE) wants to buy for 9.4 billion euros the electricity business of rival Alstom, operations that…
Companies are exempt from tax on reinvested profits until 2016
From July to the end of 2015 firms investing in production and / or purchase of machinery and any other…
Romania to receive UE money to clean up oil waste from several areas
European Commission will provide 74.3 million euros to Romania for cleaning several areas contaminated with petroleum products, in several counties.…
