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Austria’s Erste Group Bank Tuesday cut by 29% to 0.51 lei (EUR0.117) a share its 12-month target price on Romanian investment fund Fondul Proprietatea (FP.RO), while keeping its recommendation
Romanian antitrust regulator Tuesday fined six top players in the oil industry, including OMV Petrom (SNP.RO) and Rompetrol Rafinare (RRC.RO), with a total amount of around 880 million
Romanian investment fund Fondul Proprietatea (FP.RO) Friday said its net profit rose 19.2% to 543.82 million lei (EUR125.5 million) in 2011, from RON456.18 million a year earlier.
Romanian chemical company Oltchim (OLT.RO) Thursday said it will establish a payment schedule for its debt to energy supplier Electrica, a day after the latter has terminated an agreement
Romanian state-owned power distributor Electrica plans to sell the shares it owns in companies detached from Electrica Muntenia Sud, a subsidiary sold to Italian utility group Enel.
Romanian state-owned power distributor Electrica plans to sell the shares it owns in companies detached from Electrica Muntenia Sud, a subsidiary sold to Italian utility group Enel.
A consortium including US bank Goldman Sachs and Austria’s Erste Bank AG will broker the sale of a 15% stake in Romanian natural gas producer Romgaz, sources in the capital market told
Vevera’s appointment was criticized by the Romanian media, as no information regarding his competences in the energy field were provided.
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.
Vevera’s appointment was criticized by the Romanian media, as no information regarding his competences in the energy field were provided.
