energy
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Energy sector reassessment benefits consultancies
The companies in the 2003 privatisation agenda of the Office for State's Interests and Industrial Privatisation (OPSPI) will proceed to revaluating their tangibles, OPSPI head Doru Laurian B...
Voiculescu interested in energy privatisation
Privatisation of the first two electricity distribution companies Electrica Banat and Dobrogea, the test of the Romanian energy industry reform, is interesting not only for the foreign capit...
Galaxy Energy investing in Romania
Oil company Galaxy Energy is about to become one of the newest American investors in Romania, as soon as it completes the acquisition of another US-based company Pannonian Energy, corporate...
$1bn for energy and oil
The Ministry of Industry and Resources (MIR) expects the companies it operates to invest about 66,151 billion ROL ($1.7bn) in 2003, according to a report released at the end of last year. Po...
Energy sector gets $85 million
The World Bank (WB) next year will grant Romania an $85 million loan to cover part of the funding required by a $110m project aimed at the energy market and at retooling the electrical power...
Americans interested in oil and energy
The main economic sectors likely to attract American investments are the energy and oil industry, while the privatisation of Banca Comerciala Romana (Romanian Commercial Bank -BCR) will prob...
Good prospects for regional energy exchange in Bucharest
The Romanian authorities have enlisted Bulgaria's support for basing the regional energy market in Bucharest, given that other Balkan states are competing to host this exchange. Basing the E...
IMF praises Government, pushes for salary cuts in energy sector
The Nastase-led Government must put a lid on the energy sector wages, especially in the case of the National Oil Company Petrom, if it wants to get the fourth installment of the stand-by loa...
Russia has something in store for us: energy dependence
Russia has something in store for us: energy dependence