06.11.2012

Romanian companies operating in the extractive and processing industries will be able to access structural and state budget funds amounting to 240 million lei (EUR53.7 million) for energy efficiency more

05.29.2012

Romgaz Medias, Romania’s largest gas producer and the most profitable state-run company, last year reached a net profit of over 1 billion lei (around EUR0.22 billion), 35% more than the preliminary more

05.21.2012

Romanian Economy Ministry has awarded a 66 million lei (EUR14.8 million) financing to the local unit of French utility GDF Suez for upgrade works at the Bucharest natural gas network, the ministry more

05.21.2012

Kazakh state-run oil and gas company KazMunayGas wants to attract Romanian capital for a joint well services company in the Asian country, the Romanian Economy Ministry said in a statement Monday. more

03.16.2012

Romanian Economy Ministry may have to transfer its control over the shares of state-run power grid operator Transelectrica (TEL.RO) and natural gas transporter Transgaz (TGN.RO) to other ministries, 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

02.03.2012

Romanian natural gas consumption is expected to drop by around 2.5 million cubic meters a day over the weekend, due to lower activity in the industry, the Economy Ministry said in a statement Friday. more

02.02.2012

Romanian natural gas consumption rose to yet another record of 72.7 million cubic meters a day Wednesday, from 71.5 million cubic meters in the previous day, while the freezing weather that has more

02.01.2012

Romanian natural gas consumption rose to a record 71.5 million cubic meters a day Tuesday, while companies are producing at full capacity to cover the increasing demand due to extremely cold weather, more

01.18.2012

Romania's Economy Ministry has signed a protocol with the miners' unions in national coal company CNH Petrosani, regarding the payment of a new tranche of severance pay to employees laid off in 2011. more

12.15.2011

The government has scheduled to sell 15% in Transelectrica (TEL.RO), Transgaz (TGN.RO) and Romgaz by mid 2012. Hidroelectrica and Nuclearelectrica should follow in the fall. 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

12.05.2011

The 2012 budget of Romania's Economy Ministry was approved Monday by the specialty Parliament committees, with 26 votes for and 15 votes against. more

11.23.2011

Romanian Economy Ministry plans to sell stakes of 10% in power producers Nuclearelectrica and Hidrolectrica to increase the share capital of the two companies, according to a draft government more

11.03.2011

The companies under the Romanian Economy Ministry's authority and monitored by the IMF have reduced their arrears, cut their personnel expenses by 4.5% and posted 50% lower losses in the first nine more

10.19.2011

Neither the government, nor the Economy Ministry could answer a ZF request for a list of the 100 largest exporters in Romania, the value of their exports and their performance in the first seven more

09.08.2011

Romania’s Economy Ministry supports the exploitation of gold deposits in Rosia Montana, but the Rosia Montana Gold Corporation (RMGC), the company which wants to develop the mining project, must more

09.08.2011

Romanian state-run mining company Compania Nationala a Huilei (CNH) will separate its viable units from the non-profitable ones by the end of 2011, with the latter scheduled for decommissioning more

09.07.2011

The plan to bring managers from the private sector to the helm of the large state-controlled companies is a strategic target for Romania and will be carried out at any price. more

08.03.2011

The Romanian Economy Ministry’s agency for small and medium sized businesses will raise its staff numbers by 39 people to be taken over from other institutions under the ministry’s authority, more

07.27.2011

Romanian Economy Ministry plans to increase by 10% the capital of state-run energy producers Hidroelectrica and Nucleaelectrica through new share offerings, the ministry said in a statement Tuesday. more

07.26.2011

The authorities will notify the European Commission next week on its plan to reorganize the mining company Compania Nationala a Huilei (CNH), the country’s largest debtor, Economy Ministry officials more

07.12.2011

Romanian Economy Ministry has increased by EUR100 million the budget for renewable energy projects co-financed from European funds, the ministry said in a statement Tuesday. more

07.05.2011

Romanian state lost dominance among shareholders of chemical company Oltchim (OLT.RO) regarding such decisions as share capital increases and procurement, after German PCC SE and British Carlson more

06.16.2011

Six Romanian state-owned energy firms will lay off a total 1,480 employees this year, or 5% of their overall staff, in a bid to boost efficiency, according to a draft government decision of the more