05.14.2013

Energy Holding, one of the major electricity traders in Romania, posted about 643 million lei (EUR149 million) revenue last year, down 14% on 2011, after losing access to its cheapest source of more

05.13.2013

The business volume of the European Bank for Reconstruction and Development (EBRD), a multilateral financial institution which includes Romania among its shareholders, stood at EUR612 million last more

05.10.2013

Oltenia Energy Complex (CE Oltenia), Romania’s largest coal-fueled energy producer, covering over 30% of the local consumption, is now working at only 2% of its installed capacity, a situation not more

05.09.2013

Romania’s Government will increase welfare starting July 1, 2013 to counterbalance higher electricity and natural gas bills following price hikes, Prime Minister Victor Ponta said Thursday. more

05.08.2013

With the entire 100 million-lei profit from 2012 still in its accounts, regional investment fund SIF Crisana-Banat (SIF1.RO) is going ahead with its plan to take part in the privatization of postal more

04.25.2013

Romania's renewable energy sector is not at risk of becoming the next speculative bubble, as it happened with the real estate market a few years ago, because it is “closely monitored” and more

04.23.2013

Kazakh state-run oil company KazMunayGas will integrate this year all its crude oil marketing operations into Vector Energy, the trading division of its Romanian unit the Rompetrol Group. more

04.23.2013

Managers of companies in Romania’s energy industry make 4,693 lei (little over EUR1,000) and RON18,000 a month, according to a maximum net wage list released by the government Tuesday. more

04.23.2013

Green power has been the hottest topic in the energy sector since the beginning of this year, with the prospect of changes to the support scheme pitching against one another investors, the authorities more

04.22.2013

The Romanian Economy Ministry Monday signed 11 financing contracts worth 670 million lei (EUR153.4 million) for several energy efficiency and renewable energy production projects. more

04.16.2013

Energy Complex Oltenia, Hidroelectrica and Nuclearelectrica, the largest energy producers in Romania, have budgeted significantly higher profits for this year against last year, with upbeat forecasts more

04.04.2013

A measure reducing the number of green certificates offered for renewable energy production will apply only to producers that enter Romania starting 2014, while the temporary reduction of the aid more

04.04.2013

Romania should start its energy system restructuring by adapting electricity producers that register high production costs to market requirements, Minister-delegate for Energy Constantin Nita said more

04.04.2013

Romania’s state-run power grid operator Transelectrica (TEL.RO) has asked to receive part of the green certificates allocated via a government support scheme in the renewable energy sector so it more

04.03.2013

The process to privatize Romanian state-owned companies is on schedule and will continue with nuclear power plant operator Nuclearelectrica, natural gas producer Romgaz, energy producer CE Oltenia and more

04.02.2013

Romania’s government will temporarily reduce the number of green certificates granted to renewable energy producers to rein in electricity price increases, according to a draft Government emergency more

04.02.2013

Romania's energy system must be reorganized as a result of the market liberalization and the splitup of companies on types of resources, minister in charge Constantin Nita said Tuesday. more

03.31.2013

The current system supporting renewable energy producers in Romania does not take into account the impact on the main energy consumers and might affect the latter’s operational sustainability, more

03.27.2013

Romania’s southwestern region of Oltenia could derive its energy from solar projects alone, the head of power supplier CEZ Distributie said Wednesday. more

03.27.2013

Renewable energy producers, which receive aid from the state, should be obliged to cede a part of it for electricity network upgrades, an official of Romanian state-run power grid operator more

03.27.2013

“Prispa”, the house that can produce more energy than it consumes, owned by a family in Bacau county (NE Romania), has obtained the permit to join the energy grid, issued by Germany’s E.ON, the more

03.26.2013

EPC Egnatia Romania, supplier of turnkey services for electricity production in photovoltaic projects, Tuesday said it has completed and connected to the network three projects with a total installed more

03.26.2013

Shale gas can revolutionize the global energy market and coal-based electricity has again taken precedence over gas-fired power stations, says Eveline Steinberger-Kern, head of the energy division more

03.21.2013

The European Commission Thursday said it has referred Romania to the EU’s Court of Justice for failing to fully transpose community energy market rules into national law, with a proposed penalty fee more

03.20.2013

Romania’s Competition Council and the European Commission (EC) will complete separate inquiries into state-owned hydropower producer Hidroelectrica’s bilateral energy deals in the second half of more