05.03.2012

The shareholders of Romanian energy complexes Craiova, Rovinari and Turceni on Monday approved their merger into Complexul Energetic Oltenia, according to a report sent Thursday to Fondul more

05.01.2012

Dobrogea could become Romania’s new energy hub, as the battle for a spot in south-eastern Romania is fought with higher budgets than the entire energy market’s worth, combined with the latest more

04.27.2012

Shareholders of Romanian regional investment fund SIF Oltenia (SIF5.RO) Friday approved the payment of a gross dividend of 0.13 lei (EUR0.03) a share, up 73% on the year. more

04.10.2012

The energy market in Romania will include two new companies this fall, Complexul Energetic Oltenia and Complexul Energetic Hunedoara. The two are what is left of the reorganization plans that the more

03.30.2012

Regional investment fund SIF Oltenia (SIF5.RO) bought a 2.53% stake in state-owned power grid operator Transelectrica (TEL.RO), for 27.6 million lei (EUR6.3 million), during the secondary public more

03.26.2012

Romanian regional investment fund SIF Oltenia (SIF5.RO) Tuesday estimated its net profit will rise 4% to around 87 million lei (EUR20 million) in 2012, from RON83.4 million a year earlier. more

03.22.2012

The companies that will form state-owned power production cluster CE Oltenia are unfolding investment worth a total EUR1 billion, including conformity with EU environment norms and mining activities, more

02.27.2012

The largest 15 companies controlled by the Economy Ministry posted 23 billion lei (EUR5.3 billion) in revenue last year, up 15% on 2010. The highest increases were those of the energy complexes in more

02.23.2012

Romania’s Competition Council on Thursday approved the creation of the Oltenia thermal power producer, which clusters state-owned units Craiova, Rovinari, Turceni and coal company SNLO. more

02.14.2012

Romanian regional investment fund SIF Oltenia (SIF5.RO) Tuesday reported total revenue of 133.2 million lei (EUR31.4 million) in 2011, down 21% from RON168.5 million a year earlier. more

01.17.2012

Romanian regional investment fund SIF Oltenia (SIF5.RO), the only one of the five SIFs which has yet to sign the contract to sell its shares in BCR to Austria’s Erste Group Bank (EBS.RO), says there more

12.19.2011

Regional investment fund SIF Oltenia (SIF5.RO), the only SIF not to sell its BCR stake to Austrian Erste, contributed 37.1 million lei (EUR8.54 million) to a share capital increase at the Romanian more

12.08.2011

Romania and the International Monetary Fund have agreed to delay by six months until the end of 2012 the privatization of the country’s planned energy companies Oltenia and Hunedoara, according to more

12.06.2011

Romanian Economy Ministry Tuesday approved the merger of mining company Societatea Nationala a Lignitului Oltenia (SNLO) and energy producers Turceni, Craiova and Rovinari into a single power company, more

11.11.2011

Romanian regional investment fund SIF Oltenia (SIF5.RO) Friday reported total revenue of 97.9 million lei (EUR23.2 million) in the first nine months, down 31.8% on the year. more

10.18.2011

Romania’s planned power company Complexul Energetic Oltenia is likely to generate around EUR1 billion in annual revenue, according to estimates of the Economy Ministry. more

10.13.2011

The government’s latest bid to reorganize the national energy system, through the creation of complexes Oltenia and Hunedoara, is seen by specialists as a better idea than the two previous ones, more

09.29.2011

Romania's Economy Ministry has opened a public debate on the draft government decision to create the Oltenia Energy Complex, through the merger of thermal power stations Turceni, Craiova and Rovinari more

09.20.2011

SIF Oltenia (SIF5.RO) and businessman Catalin Chelu are engaged in one of the fiercest fights on the stock market, throwing accusations at each other and dragging important institutions into this war, more

09.06.2011

Securities regulator CNVM on Tuesday validated two provisional members of the board at regional investment fund SIF Oltenia (SIF5.RO). more

07.19.2011

Regional investment fund SIF Oltenia (SIF5.RO) on Monday upped its stake in edible oil maker Argus Constanta (UARG.RO) by 4.7%, to 31.9%, while businessman Catalin Chelu bought another 3% and now owns more

06.17.2011

Romania’s securities commission CNVM Friday sanctioned the appointment of Lucian Buse and Petre Ghibu as Board members at investment fund SIF Oltenia (SIF5.RO). more

05.13.2011

Romanian investment fund SIF Oltenia (SIF5.RO) on Friday reported a net profit of 738,000 lei (EUR180,000) in January to March, down 87.6% from RON5.9 million in the same period of 2010. more

04.14.2011

Romanian regional investment fund SIF Oltenia (SIF5.RO) Thursday appointed Tudor Ciurezu as new Board chairman and general manager of the fund, following the resignation of Vasile Salapa. more