08.18.2014

Romania’s Economy Minister Constantin Nita on Monday said the local economy remains “on a positive path” despite having contracted for two consecutive quarters. more

06.19.2014

Economy Ministry is looking for ways to stimulate electric power consumption for populations and small and medium businesses, via state aids or taxation, minister Constantin Nita stated. more

06.11.2014

Romanian Economy Minister Constantin Nita met Wednesday in China with the vice-president of the Industrial and Commercial Bank of China, the world’s largest bank by market capitalization, and with more

06.03.2014

Romanian insolvent chemical company Oltchim SA (OLT.RO) will not be shut down and will be privatized later if government does not manage to sell it on June 6, Economy Ministry Constantin Nita said more

05.22.2014

Romanian state-run copper producer Cuprumin Abrud will likely float 15% of its own shares in Bucharest next year, following a modernization process, Economy Minister Constantin Nita said Thursday. more

02.25.2014

The Romanian state is not currently considering splitting hydropower producer Hidroelectrica, although this would be a good idea, Minister Delegate for Energy Constantin Nita said Tuesday at the 2014 more

02.14.2014

Romanian producers and distributors of natural gas could be forced by law to sell on the local commodities market 20% to 30% of the volumes produced or proposed for distribution, minister delegate for more

01.09.2014

Romania's coal-fueled energy production would remain sustainable for many years and companies investing in CO2 emission cut might get certain incentives from the state, Minister Delegate for Energy more

01.09.2014

Shareholders of gas route project Azerbaijan-Georgia-Romania Interconnector (AGRI) would have a meeting this year to decide whether they continue the investment or not, Romanian Minister Delegate for more

12.18.2013

Romania wants to reassess its project for the construction of two new reactors at the Cernavoda power plant following talks with potential investors from China, Energy Minister Constantin Nita said more

11.26.2013

Romania’s minister-delegate for Energy Constantin Nita said Tuesday that Chinese investors have pledged total financing worth EUR5 billion for local energy projects. more

11.19.2013

Romanian state-run hydropower producer Hidroelectrica will appoint new Supervisory Board members on December 1, Minister-delegate for Energy Constantin Nita told a news conference Tuesday. more

11.07.2013

Romania and its foreign creditors have reached an agreement in principle to defer by one year the country’s deregulation calendar of natural gas prices for industrial consumers, minister-delegate more

11.06.2013

Romania is hoping to conclude negotiations next year on the construction of a 1,000-megawatt hydropower plant in Tarnita-Lapustesti and of two new nuclear reactors in Cernavoda, Minister-delegate for more

10.03.2013

Romania will continue to stimulate renewable energy production and is currently looking into potential support schemes for industrial consumers, the country’s Energy Department said in a statement more

10.01.2013

Romania plans to request the European Commission for a two-year extension of the deadline by which it must reduce dioxide emissions from coal-fired power plants, minister delegate for Energy more

10.01.2013

Romania plans to start exploring for gas in the Black Sea to increase its energy reserve, minister delegate for Energy Constantin Nita said Tuesday. more

10.01.2013

The quality of power distribution services in Romania was not improved after the privatization of local profile companies and that is simply unacceptable, the minister-delegate for Energy Constantin more

09.23.2013

Romania’s planned auction to select one or more companies to draft a new national energy strategy will be postponed to an unspecified date due to lack of funds to organize the proceedings, Energy more

09.23.2013

The Romanian government doesn’t plan to sell any more stock in state-run enterprises except for the companies already scheduled for listing in Bucharest, the minister delegate for Energy Constantin more

09.23.2013

Romanian state-run nuclear power producer Nuclearelectrica could use the proceeds from an initial public offering of 10% of its stock to finance a capital increase at EnergoNuclear, a joint-venture more

07.11.2013

Romania’s planned natural gas pipeline linking the northeastern city of Iasi to Ungheni city in the neighboring Republic of Moldova will be completed by the end of 2013, following a total investment more

05.29.2013

Romanian government will likely adopt next week a controversial bill reducing state support for renewable energy producers, Energy Minister Constantin Nita said Wednesday. more

04.17.2013

Romanian Minister-delegate for Energy Constantin Nita said Wednesday that the government is unlikely to resume the sale of a 10% stake in oil company OMV Petrom (SNP.RO), following an unsuccessful 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