energy
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Italian banks eye infrastructure and energy
Banca Popolare di Lodi, one of the most powerful private banks in Italy, is interested to consolidate its position on the Romanian market by funding energy, oil and natural gas infrastructur...
British Energy pierde 4 mld. lire
Compania britanica de electricitate British Energy a anuntat pierderi brute de 4,29 mld lire sterline (7,02 mld. $), determinate de constituirea unor provizioane pentru active, in valoare de...
Energy sector needs privatisation through foreign capital
The privatisation of companies in the electrical power sector is a necessity, as the Romanian authorities feel, yet the process has to be done by attracting foreign capital to support the ma...
Cost of energy inefficiency: $1bn in 2002
Low tariffs and uncollected bills have caused more than one billion dollar losses for the entire Romanian energy sector in 2002, Ziad Alahdad, World Bank's representative in Romania on Tuesd...
Cosse: Energy tariffs should go up
Electricity and natural gas tariffs in Romania should be set as high as to cover costs in the long run, while any social issues that may arise can be addressed by direct budgetary subsidisat...
Petromidia sheds energy business
Private oil group Rompetrol is planning to transfer the CET Midia and the electricity distribution network held by the Petromidia Refinery to an investor, said Eric Chis, general manager of...
Energy needs $3bn investments in two years
The Romanian energy system needs approximately $3bn investments throughout 2003-2005, with $2.5 billion needed for electrical power production alone, Industry and Resources minister Dan Ioan...
Raiffeisen Bank eyes energy and infrastructure
Raiffeisen Bank Romania will pay a special attention to financing the companies dealing in the energy and communications sector, with the latter being interested in "the good distribution of...
Tender builds energy group
Tender Timisoara will establish Grupul Energetic Tender (Tender Energy Group - GET) by putting the operations of Nuclearmontaj, Vulcan Bucharest and FECNE, three companies it controls, under...