02.28.2012

The main problem faced by Romania’s energy segment is the old equipment, and the easiest way to solve this issue is to sell to private companies, according to Louis Borgo, senior banker within the more

02.27.2012

The European Commission has sent Romania, among others, reasoned opinions urging compliance with the legal obligation of liberalizing the electricity and natural gas markets, with a two-month response more

02.27.2012

Energy, an over EUR25 billion market, with more than 135,000 employees, will be discussed at length in the first edition of the ZF Power Summit ’12, an event organized by Ziarul Financiar that 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

02.23.2012

About a year ago, Spanish-held Siliken, an approximately EUR500 million business specializing in solar panel manufacturing, started operations in a plant in Timisoara, after investing EUR5 million in more

02.13.2012

Romania has no problems in the production of electricity and there are no reasons to restrict deliveries to households, the Economy Ministry said Monday. more

02.13.2012

Romanian President Traian Basescu on Monday said households will not see any interruptions in the electricity supply, adding that the government might decide to cease energy exports. more

02.08.2012

State-owned hydropower producer Hidroelectrica is using its water reserves to compensate for the reduction of output in thermal power plants and wind farms. more

02.08.2012

Romanian power output inched up 1.6% on the year to 23.45 million tons of oil equivalent in 2011, on higher production in most sectors, official data showed Wednesday. more

02.05.2012

Romania should immediately terminate the energy contracts awarded only to certain groups, which cost the budget millions of euros each year, Jeffrey Franks, head of the IMF agreement evaluation more

02.05.2012

Romania will deregulate the price of energy supplied to the public between 2013 and 2017, i.e. over two extra years than initially agreed, Istvan Szekely, head of the European Commission's mission to more

01.30.2012

Electricity deals on the day-ahead platform of Romania’s energy market OPCOM rose to an all-time record of 37,981 megawatt per hour Monday, equal to 21% of the local consumption forecast for more

01.29.2012

Romania will try to negotiate with the International Monetary Fund a later date to liberalize its energy market, President Traian Basescu told a news conference Sunday. more

01.25.2012

Romanian investment fund Fondul Proprietatea (FP.RO) plans to sell part of its natural gas and energy stocks in 2012, the fund’s manager Greg Konieczny said Wednesday. more

01.19.2012

Romanian aluminum producer Alro Slatina (ALR.RO) Thursday said it is reconsidering all its investments and expenditure, because of the cheap energy deficit, which increased electricity costs. more

01.19.2012

Romanian aluminum maker Alro Slatina (ALR.RO) Thursday said it is considering options, including operations restructuring and stopping less efficient production capacities, if it is unable to buy more

01.18.2012

US industrial giant General Electric says Romania is easily among the top five most attractive European countries for green energy investors, with the main driver continuing to be wind farms, a more

01.18.2012

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

01.18.2012

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

01.17.2012

Renewable energy will soon have to stop relying on government support, since companies investing on this segment are “spoiled” with state aid, Tuesday said Valentin Mircea, vice-president of the more

01.17.2012

Wind farm developer Monsson Group, owned by businessman Emanuel Muntmark, will invest some EUR250 million in the construction of a wind farm in southeast Romania. more

01.16.2012

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

01.05.2012

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

01.03.2012

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