energy
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Only 80 MW of the 1,500 MW of wind power announced by Iberdrola to become operational in 2011
Iberdrola energy group, one of the world's biggest players on the market of wind energy projects, will launch an 80 MW wind farm next year in Mihai Viteazu locality of Constanța county, with...
Bad payers push Transelectrica into "recession"
Transelectrica's first-half results were negatively influenced by a series of energy producers' and suppliers' not paying their debts, and the company is still "in recession", maintains the...
Export of the year: 100 million euros' worth of power go to Serbians
The biggest energy producer in Romania, Electrica, as well as a local branch of a Serbian group controlled via a Cyprus-based offshore company are the players involved in the biggest export...
Biggest equity funds' bets for yearend: energy, banks and SIFs
Stock market corrections have pushed some of the biggest fund managers to take shelter betting on energy stocks, such as Transgaz Transelectrica and Petrom, for the coming period, while othe...
CEZ is optimistic and sees the 101 turbines of Cogealac installed in 2011
CEZ Czech energy group, present in Romania since 2005 when it took over the majority stake in the former Electrica Oltenia, says that starting the end of June 47 wind mills of the 114 instal...
How to make 94m-euro turnover with 1 employee
Energy trading has proven to be one of the most profitable businesses developed by extremely flexible companies in the last ten years, which manage to take full advantage of the massive rest...
Frequent malfunctions of nuclear reactors bite into revenues and energy output
Since the beginning of the year, three disconnections occurred at the two reactors of the Cernavoda nuclear power plant, while Reactor 1 is scheduled to be taken offline for a month (from Ma...
State-held Electrica prepares 243m-euro auction
State-held Electrica, one of the leading energy distribution and supply companies on the Romanian market, intends to acquire maintenance services, occupational medicine services, and other s...
Baicusi, Transelectrica: Without reorganisation, we risk importing energy in five years
Adrian Baicusi, 45, a year ago took a step few top executives dare take: shifting from the private sector to the state one. After 2009, a year of crisis, Baicusi, now running Transelectrica,...