Electrica goes for between 435 and 543 million euro from privatization
###author### Government approved on Wednesday the privatization of 51% of Electrica. Although initially, according to the statements of the members…
Azomureș may shut down in two weeks due to high gas prices
Azomureş General Manager,Mihai Aniței, says that it is necessary for the Government to intervene indirectly to subsidize major gas consumers,…
Romgaz offers a dividend of 990 million, 7% under last year`s figure
Romgaz (SNG) proposed distribution of dividends to shareholders worth a total of 990.6 million lei (221.9 million euro), 7.15% under…
The tax on additional profit obtained from the gas market liberalization: inaccurate statements and hidden general taxation
###author### Authorities in Romania seem to not know exactly neither the purpose nor the extent to which the money from…
FP: Tarnita and the submarine cable insufficiently founded, Romgaz delays participation
###author### Franklin Templeton, the manager of Fondul Proprietatea (FP) considers that Tarnita and the Romania – Turkey submarine power cable…
FP`s SPO in London by the year-end, the Fund sells shares in Petrom and Conpet
###author### Fondul Proprietatea (FP) will have its SPO (secondary public offering) on the London Stock Exchange (LSE) by the end…
Romgaz sales rose 1.5% last year to 881 mln. lei, profit fell 17% to 211 mln.euro in 2013
Natural gas producer Romgaz (SNG ) turnover increased by 1.5 % last year to 3.89 billion lei (881.2 million euro…
Energy and gas bills without the tax on special constructions in 2014
The 1.5% fee on special constructions introduced from January 1st will not be put by distributors of gas and power…