Economy Ministry
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Offers of EUR2bn, promised to the Bourse in the next two years. How many will materialize?
Under IMF pressure, the Economy Ministry is making further promises and says it is going to float stakes of 15% in Hidroelectrica and Nuclearelectrica each next year. However, the experience of the past two years shows that it takes years before promises mater...
Key elements of the Energy Strategy for 2011-2035
The state will retain control over the main energy generation facilities and will try to attract foreign and domestic funds for energy projects worth 40bn euros over the next 25 years, reads...
Five huge energy projects worth 10bn euros
The five biggest energy projects currently under review by the Economy Ministry are worth around 10bn euros.
Șerban, Economy Ministry: If you want to exist in this world, you have to produce. We will not give coal up
The Economy Ministry says it will not give up coal mining or production of energy using this resource, although in the past 20 years subsidies to support the mining industry have amounted to...
Economy Ministry: If the price does not match expectations, Petrom's offering can be postponed
The Economy Ministry says if the sale price of the 9.84% stake in Petrom on the Stock Exchange does not match expectations, the offering can be postponed, in an official answer sent to Ziaru...
Economy Ministry: We are making losses because we sell domestic gas to chemical industry
Tudor Serban, Secretary of State in the Economy Ministry, said that because domestically-produced gas, which is twice as cheap as imported gas, has been sold for almost a year to big industr...
State preparing exit from biggest local company
Pressured by the need for cash and by the 600 million-euro capital increase Petrom wants to conduct, the state is about to quit the shareholding structure of the biggest company in Romania.