Insolvent CET Govora recorded 6.7 million euros profit in H1 2017 – Romania, 25 July 2017

Romanian heat and electricity producer CET Govora registered a net profit of 6.7 million euros in the first half of the year, taking into account that in the same period in 2016, the company registered a net loss of 1.1 million euros. Such result is due to the revenue growth from the base production by […]

Bucharest City Hall to take over ELCEN – Romania, 25 July 2017

Romanian Prime Minister Mihai Tudose said after the Government’s extraordinary session that the Bucharest City Hall will take over the electricity and heat producer ELCEN and thus help solving the city’s heating problem. PM Tudose already met with the Mayor of Bucharest Gabriela Firea on 5 July, when the two officials discussed the ELCEN takeover. […]

Independent fuel retailer opened the largest petrol station in the country – Romania, 25 July 2017

An independent fuel distributor – ETU Oil & Gas has opened the largest petrol station in Romania. It is the third petrol station operated by the company and it is located on the DN1 national road, between Brasov and the capital Bucharest. ETU Oil & Gas is the fuel division of the local company Neptun […]