Tag: financial

Transelectrica to invest 60 million euros in 2019 – Romania, 15 April 2019

Romanian electricity transmission system operator Transelectrica will will submit its investment budget for 2019 to its shareholders at the next general meeting scheduled for 13 May. The investment budget for 2019 is almost 60 million euros worth, with estimates of some 140 million euros for 2020 an Full article available for subscribers of Energy NEWS […]

Romania to close unprofitable coalmines – Romania, 15 April 2019

According to the Romanian Ministry of Energy, the closure of unprofitable coalmines is a program undertaken by the state eight years ago and targets only mines that pose serious environmental problems and lack of economic efficiency. The statement from the Ministry said that the closure of unprfi Full article available for subscribers of Energy NEWS […]

CEZ terminated the contract with Inercom for the purchase of Bulgarian assets – Bulgaria, 12 April 2019

The Spokesperson of the Czech energy company CEZ Alice Horakova confirmed that the company has terminated the contract signed last February with Bulgarian company Inercom on the purchase of CEZ’ assets in Bulgaria. Last February, CEZ said that its Supervisory Board gave consent to the sale of its Full article available for subscribers of Energy […]