OMV Petrom estimates 4.56 bn lei worth of investments this year, up 83 pct from 2016

Nine O' ClockApril 27, 2017

by Nine O' ClockApril 27, 20170215

OMV Petrom estimates that investments for 2017 will amount to 4.56 bn lei, up 83 pct from the 2.49 bn lei registered in 2016, the...

BUSINESS BUSINESS COMPANIES ECONOMY ENERGY INDUSTRY

Hidroelectrica discharged from insolvency

Nine O' ClockJune 22, 2016June 22, 2016

by Nine O' ClockJune 22, 2016June 22, 20160200

Energy Ministry, main shareholder, to float 15 pc of company’s shares The Bucharest Court has discharged Hidroelectrica from insolvency on Tuesday. The ruling is not...

BUSINESS

AT Kearney: Romania’s energy consumption will increase by a maximum of 0,7%/y until 2025

Nine O' ClockJanuary 27, 2015

by Nine O' ClockJanuary 27, 20150165

The path on which Romania treads in terms of building green-field large energy projects is wrong, according to a study by consulting company AT Kearney and...