02.28.2012

Romanian state-run hydropower generator Hidroelectrica estimates its net profit will rise up to 100 million lei (EUR23 million) in 2012, from roughly RON16 million a year earlier, as water levels are 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

Romanian state-run hydropower generator Hidroelectrica Thursday said its net profit dropped to 15.7 million lei (EUR3.6 million) in 2011, from over RON292 million a year earlier, hit by dry weather. more

02.23.2012

Romania will launch roadshows for a secondary offering of 15% in state-run power grid operator Transelectrica (TEL.RO) on February 27, while investors will be able to subscribe to the offering by more

02.20.2012

Companies holding bilateral contracts with Romanian state-owned hydropower producer Hidroelectrica accepted price increases and a 10% to 20% reduction of delivered quantities, as well as a shorter more

02.16.2012

Romanian aluminum producer Alro Slatina (ALR.RO), part of Russian-owned group Vimetco, on Thursday said it is willing to declassify the electricity purchase contract it has with state-owned hydropower more

02.15.2012

Romania's Economy Ministry has failed to reach an agreement with the beneficiaries of the bilateral contracts signed with state hydropower producer Hidroelectrica, and has called in the Justice more

02.08.2012

The International Monetary Fund asked the government to complete the renegotiation of Hidroelectrica bilateral contracts by February 15, 2012, or terminate the contracts that cannot be renegotiated. 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

02.03.2012

Romanian state-owned hydropower producer Hidroelectrica is negotiating direct sale contracts for a 20%-25% increase in delivery prices and a 10%-20% decrease in volumes delivered, the company’s more

02.01.2012

Romanian Prime Minister Emil Boc Wednesday appointed his economic adviser Andreea Paul-Vass as member in the privatization committee of state-run hydropower generator Hidroelectrica. more

02.01.2012

Romanian state-owned hydropower producer Hidroelectrica expects until March 1 bids from brokers willing to manage its listing on the Bucharest stock exchange, through a public offering of 10% of the 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

The Romanian government Wednesday approved selling stakes of 10% in power producers Hidroelectrica and Nuclearelectrica, as per an agreement with the International Monetary Fund. more

01.12.2012

Statements by unionists at aluminum refinery Alro Slatina (ALR.RO) of a potential shutdown of the unit caused the company's stocks to drop almost 10% on the bourse. Management declined to comment. more

12.29.2011

Romanian state-owned hydropower producer Hidroelectrica terminated all direct sale contracts it had with SNLO, Salrom and CLMB Patinoar Brasov, while Luxten Lightning ended the contract “for image more

12.21.2011

Romanian authorities decided to suspend an auction held by hydropower producer Hidroelectrica, for a computer system in a contract worth an estimated 47.4 million lei (some EUR10 million), following more

12.20.2011

Romanian state-owned hydropower producer Hidroelectrica on Tuesday announced the completion of a hydropower plant in southern Romania, following an investment of EUR75 million. more

12.16.2011

The Bucharest Court of Appeals decided that state-run hydropower generator Hidroelectrica can maintain its force majeure declaration on the energy delivered to Energy Holding, Hidroelectrica said in a 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

12.13.2011

Romanian state-run energy producer Hidroelectrica will terminate its bilateral deals concluded outside the energy market OPCOM at the earliest possible time, the company said Friday. more

12.12.2011

Swedish Sweco Monday said it has won a EUR3 million contract to provide consultancy service for the modernization of the Stejaru-Bicaz hydropower plant, a unit of Romania’s hydropower generator more

12.08.2011

A prolonged drought in Romania for the last six months has lowered the output of state-run hydropower generator Hidroelectrica to 6.6% of the country’s total production, from around 30% of total more

12.07.2011

Romania’s planned initial public offering of a 10% stake in state-run hydropower generator Hidroelectrica will be concluded by end-October 2012, according to the country’s latest letter of intent more