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Alstom Power Italy, a unit of French-based power company Alstom, has won a 227.5 million lei (EUR53.3 million) contract to build a gas desulfurization unit at Romania’s Craiova Power
The recent anti-government protests in Romania might slow down fiscal and structural reforms initiated under an international bailout package over two years ago, putting negative pressure
Romanian open-end fund administrator Erste Asset Management, a unit of Austria’s Erste Group Bank (EBS.RO), Wednesday said its net profit more than halved to around EUR300,000 – EUR400,000
Romania’s Finance Ministry on Monday sold six-month treasury bills worth 1.27 billion lei (EUR292 million), more than triple the planned amount, while the average yield fell to 5.87%
IT software developer Siveco Romania estimates a 15% increase in its sales to EUR77 million in 2012, on higher exports, general manager Irina Socol said Wednesday.
Romanian state-run power company Electrica SA will sell stakes of 15% in each of its distribution units on the Bucharest bourse and will hire legal advisers by mid-February, according
Romanian natural gas consumption rose by 20% to a record 70 million cubic meters a day on average, due to extremely cold temperatures that have gripped the country over the past days
Franco-Belgian power operator GDF Suez will build a 48-megawatt wind farm in Romanian eastern locality of Gemenele, the company said in a statement Wednesday.
Romanian state-owned energy producer Nuclearelectrica Wednesday said its power output rose 2.2% to 8.66 million megawatt hour in the first nine months, from roughly 8.5 million MWh
Raiffeisen Bank International on Thursday reported a profit after tax of EUR60 million in Romania between January and September, down 29.1% from EUR85 million on the same interval of
