Tag: financial

Romgaz recorded higher profit in the first nine months of 2019 – Romania, 14 November 2019

Romanian natural gas producer Romgaz said that it has recorded a net profit in the amount of some 250 million euros in the first nine months of 2019, which is 19 % more compared to the same period last year. The company’s revenues rose by 10.1 % year-on-year to reach 795 million euros in January- […]

Nuclearelectrica’s profit rose by 30 % in the first nine months of 2019 – Romania, 14 November 2019

Romanian electricity producer Nuclearelectrica, a company which operates the country’s sole nuclear power plant Cernavoda, said that it has recorded a net profit in the amount of 87 million euros in the first nine months of 2019, which is 29.6 % more compared to the same period last year. The com Full article available for […]

EU to end fossil fuel funding – Region, 08 November 2019

Finance Ministers of the European Union said in a joint statement than the EU should phase out its funding of oil, gas and coal projects in order to combat climate change. This is the first time that the EU urged an end to fossil fuels funding altogether, previously asking only for an end to fund […]