Power
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Transelectrica cuts profit target from 70 to 10m RON
The Romanian national power grid company (TEL) is considering revising this year's budget downwards, to a 10 million-RON gross profit, 7 times lower than the 70 million RON originally budgeted.
Farinsan wants to generate power to cut costs
Special flour and bakery producer Farinsan, which estimates 16 million euro turnover by the end of the year, intends to invest approximately 1.5 million euros in building a wind farm in Giur...
Vimetco: Turnu Magurele power station will cost 1.5-1.6bn euros
According to Cristian Wust, CEO of Vimetco, the thermoelectric power station that Vimetco, the Russian-held group that controls Alro will build in Turnu Magurele together with InterAgro grou...
Local managers make global top 10 in terms of purchasing power
Salary increases for management positions, the stagnation of real estate prices and the economic recession on international markets have propelled Romania to eighth position worldwide in ter...
GDF Suez va prelua compania americana FirstLight Power Enterprises
GDF Suez a semnat un acord pentru preluarea companiei americane FirstLight Power Enterprises, care detine 15 unitati de generare de energie, a anuntat grupul de utilitati, iar cotidianul fra...
Finance minister: Romania could be a top 10 EU economic power by 2020
The Romanian economy saw an 8.6% rise in the first half of the year, because of a good agricultural year, and if the GDP growth rate and the investment dynamics are preserved, Romania could...
Petrom battles against European giants for wind power contract
Petrom could start to generate wind power if it manages to fight off competition from European heavyweights. In addition to the 500 million-euro natural gas power plant (with a 860 MW capaci...
Robert Dallek - Nixon and Kissinger: Partners in Power
Harper Perennial, 2007 "Putini presedinti au fost atat de complecsi precum Nixon: timid si totusi hotarat; nesigur si totusi decis; neincrezator in intelectuali si totusi profund reflexiv in...
CWP Cyprus invests a massive 1bn euros in wind power
Investments in wind power projects have amounted to 1.5 billion euros since the beginning of the year, while previously they did not exceed 50 million euros, with just 22 functional projects...