18 ian 2012

Italy’s Enel, which became the largest energy distributor in Romania following privatizations, is close to complete 292-MW wind power projects worth over EUR400 million, according to ZF estimates. more

18 ian 2012

The start of 2012 brings new investments in wind farms, the most dynamic segment of the Romanian energy sector in the past two years, with projects with a capacity of around 1,000 MW and worth over more

16 ian 2012

Solar energy projects have caught speed on the Romanian market, with 51 such projects currently under construction, which entail investments of around EUR500 million, according to data of transmission more

13 ian 2012

Since the beginning of the year, namely in less than two weeks, gasoline and diesel fuel prices have grown by 3%, with the latest increase operated by OMV Petrom (SNP.RO), the largest company in the more

11 ian 2012

The Competition Council on Tuesday delivered the most eagerly awaited verdict of a probe, saying that the major oil companies were guilty of having reached an understanding to withdraw a type of more

9 ian 2012

The end of last week came with another increase in the pump price by 0.8 lei of both gas and diesel operated by Petrom. This is the second hike this year. more

6 ian 2012

Dutch group SHV, world leading liquefied petroleum gas (LPG) distributor, has decided to withdraw from the Romanian market only three years after its entry. At the end of 2008, the group bought the more

5 ian 2012

Electrical power consumption in 2011, an important indicator for the economy's evolution, was really close to matching the 2008 level, regarded as exceptional for Romania, missing the mark by a mere more

4 ian 2012

Kazakh-held Rompetrol, the second-largest player in the Romanian oil industry, will continue cost cutting measures this year, considering that since 2007 when the group was bought by KazMunayGas just more

3 ian 2012

2012 should come with a wave of asset sales in the energy sector, considering that all reorganization plans have failed. Electrica Serv, Electrica Furnizare, energy companies Oltenia and Hunedoara, more

29 dec 2011

The capacity of operational wind farms in Romania has reached this year 1,009.5 MW, 40% higher than the capacity of reactor of the Cernavoda nuclear plant. Investments exceeded EUR1.5 billion if more

16 dec 2011

OMV Petrom (SNP.RO), the largest company in Romania, could be significantly affected by the changes of the Gas Law approved by the Chamber of Deputies on Thursday. more

6 dec 2011

Seventeen state-owned companies were included in this year's “Top 100 Most Valuable Companies in Romania”, three of which were new entries and the rest of them regulars in this ranking put more

5 dec 2011

The head of Nestle Romania, one of the largest groups in the food industry, believes only those who don’t spend their time complaining about the effects of the crisis have the resources to go after more

2 dec 2011

German dairy producer Müller estimates its sales in Romania will rise 40% to EUR10 million in 2011, amid a flat market. more

30 nov 2011

Italy’s Enel, the largest private company that distributes and supplies electricity to the Romanian market, will invest over EUR100 million to implement a system of online monitoring for high and more

25 nov 2011

Perseverance, a clearly set goal and a lot of work are some of the ingredients that have helped 12 Romanian entrepreneurs to build strong, crisis-resistant businesses, which have good growth prospects more

23 nov 2011

Daniel Turnheim is the youngest member of the management of Petrom (SNP.RO). He took over as chief financial officer a year ago. The 36-year old executive’s appointment came at a time when the only more

23 nov 2011

October turned out to be a good month for wind power, as strong winds drove output up to more than double the level of July, for instance. more

18 nov 2011

Two Romanian chocolate makers have joined forces to cope with competition from multinationals: Kandia – a brand that has been around for 120 years in a confectionery market that switched from lack more

17 nov 2011

Chocolate manufacturer Kandia, one of the best-known brands on the local market, is about to take over the Supreme Chocolat group, owner of the Primola brand. The deal is already on the desk of the more

16 nov 2011

Seven companies asked for the annulment of the force majeure notices issued in September by Romania’s Chamber of Commerce and Industry (CCIR), but only Energy Holding, assisted by law firm Tuca more

15 nov 2011

The Romanian government will provide over EUR10 billion through a support scheme for green energy projects, but has no certainty that this money, which will be paid through individuals’ and more

11 nov 2011

Electrica, the only electricity distribution and supply company still in the portfolio of the Romanian state, says it has to recoup RON1.6 billion (EUR380.9 million) from companies to which it more

4 nov 2011

The Black Sea depths are becoming the busiest battleground for the world’s oil giants, which have so far announced plans to spend $2.5 billion to explore this unknown area. Early next year, Romania more