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Power

E-Distributie Dobrogea invests RON 1.7 mln to install phase separators on 9 overhead high voltage power lines

Power November 10, 2017 13:42 0 comments

E-Distribuţie Dobrogea is about to finalize the installation of 1.000 phase separators in 9 overhead high voltage power lines in the counties Calarasi, Ialomita and Tulcea, following an investment project worth RON 1.7 million. The…more »

Adrian Borotea (CEZ): We have invested over EUR 2.5 bln in Romania

Power November 01, 2017 17:18 0 comments BR Exclusive

Czech utility group CEZ sees significant growth potential in the transition to smart cities, with fresh investments focusing on smart meters and charging stations for electrical cars in the cities. “We have an ambitious program…more »

Nuclearelectrica

Nuclearelectrica to start an upgrade program at Cernavoda

Power October 30, 2017 10:46 0 comments

The general director of Nuclearetelectrica (SNN), Cosmin Ghita, decided to create a Technology Uprgrade Direction for the nuclear energy company starting with October 27. This unity’s founding is the first step in SNN staff mobilization…more »

E-Distributie Dobrogea invests RON 12 mln in modernization of Abator primary station in Constanta

Power October 19, 2017 14:33 0 comments

E-Distributie Dobrogea has begun an investment project worth approximately RON 12 million (approx. EUR 2.6 million) for the modernization of the primary station (high/medium voltage) Abator in the city of Constanta. The project will be…more »

Competition Council approves Transeastern Power BV takeover of Petrom Wind Power

Power October 17, 2017 12:22 0 comments

OMV Petrom Wind Power is taken over by Transeastern Power BV after the transaction was authorized on Monday, according to a statement by the Competition Council. OMV Petrom Wind Power is a subsidiary of OMV…more »

hidroelectrica

Hidroelectrica invests EUR 23.69 mln in upgrade of Calimanesti plant

Power September 19, 2017 13:22 0 comments

Hidroelectrica, the state-owned hydroelectricity producer, will upgrade one hydroaggregat at its Calimanesti plan following an investment of RON 23.69 million. The supplier of the equipment is UCM Resita. The upgrade works will last 12 months.…more »

PM Tudose attacks Enel over storm intervention: “Terrible”

Power September 18, 2017 17:23 0 comments

Romania’s PM Mihai Tudose has criticized the local subsidiary of Italian utility Enel, suggesting that the firm not reconnecting consumers to the grid fast enough, following the storm that hit several counties in western Romania…more »

Key move. Michele Abbate becomes director general of ENEL Energie, Enel Energie Muntenia

Power September 13, 2017 14:20 0 comments

The Enel group has appointed Michele Abbate as director general of Enel Energie and Enel Energie Muntenia, the two companies owned by the Enel group in Romania.  Michele Abbate joined the Enel group in 1992…more »

"Johan Meyer"

Johan Meyer (Fondul Proprietatea): “Our preferred strategy for Hidroelectrica is its IPO”

Power September 08, 2017 12:37 0 comments

Fondul Proprietatea, the closed-end fund managed by Franklin Templeton, has appointed City and UBS as financial advisers, as it looks at strategic options for its 19.94 percent stake in Hidroelectrica, the state-owned hydroelectricity producer. “We…more »

Romanian energy minister proposes resuming talks on hydropower plant with Bulgaria

Power September 07, 2017 09:01 0 comments

Romanian Energy Minister Toma Petcu proposed that talks on the construction of a hydropower plant with Bulgaria be resumed during a meeting with his counterpart Temenuzhka Petkova. The project would benefit both countries, not only…more »