Tag: Hidroelectrica

State to sell minority stakes in key energy companies – Romania, 4 October 2016

The Romanian Government announced that the state will sell minority stakes in several key companies in energy and transportation sector in order to finance investment programs in those enterprises. The statement from the Government said that it was agreed that the diversification of ownership in these enterprises by capitalizing minority stakes may be beneficial for […]

16 energy companies among Romanian top 50 in 2015 – Romania, 3 October 2016

16 energy companies appear in the top of the 50 biggest companies in Romania in 2015 in terms of turnover. OMV Petrom Group remains in the second place with its refining business and in the third place with its hydrocarbons extracting business. Another oil company, Rompetrol Rafinare is placed fourth. Rompetrol Downstream is placed sixth […]

45 companies interested in HPP Vidraru rehabilitation – Romania, 15 September 2016

A total of 45 companies for seven different countries including Romania, Russia, China, Serbia, Czech Republic, Slovenia and Macedonia are on the list of bidders at the auction organized by the Romanian electricity producer Hidroelectrica for the rehabilitation of its hydropower plant Vidraru. The contract is estimated at 98.4 million euros. among the bidders, there […]