Category : COMPANIES
Rompetrol plans to open 15 new gas stations in Romania this year, while MOL wants to open 11 new gas stations, the two companies’ representatives...
EcoMin Borc wants best corporate governance in state-owned companies
State-owned companies need well-trained professionals in their management, not stars, Vice Prime Minister and Minister of Economy, Commerce and Relations with the Business Environment Costin...
OMV Petrom and ExxonMobil invest USD 1.5 bln in Black Sea
+ The two companies plan to invest many billions more in order to attain their goal of selling the natural gas discovered in the Black...
KMG International attains strategic objectives, oil crisis did not affect company’s profit
KMG International, formerly Rompetrol Group, registered last year an EBITDA operating result of USD 162 M and a net profit of USD 4.6 M, according...
Hidroelectrica wins again . Bucharest Court rejects appeals filed by Alpiq RomIndustries and Alro Slatina
The Bucharest Court has rejected the appeals filed by Alpiq RomIndustries and Alro Slatina against the Euro Insol trustee in bankruptcy’s decision not to include...
Romatom supports construction of new nuclear plant in Hungary
The Romanian nuclear industry supports the Paks II new nuclear power plant project in Hungary, a project that features two VVER-1200 nuclear reactors, being of...
Transgaz reports estimated 2015 net profit of 487.7 million lei
Romania’s Transgaz national gas transmission corporation is estimated to record a 2015 net profit of 487.75 million lei, down 3 percent from 2014, according to...
Hidroelectrica: record profit last year, floatation in 2016
+ The company awards Deloitte a EUR 382,000 contract for services related to floatation and financial audit The Hidroelectrica energy company, currently insolvent, has awarded...
Romania , Hungary set joint strategies for freight transport to reduce carbon footprint
Romania and Hungary have established joint strategies for the development of freight transport mainly on water and by rail with a view to reduce the...
19 localities receive grants of up to EUR 200,000
+ The funds are earmarked by OMV Petrom and PACT Foundation through the “Ideas in Andrei’s Country” programme For the third consecutive year, the “Ideas...