ROMANIA

Romania’s Regulator to Defer Turnover Tax for Energy Companies

Date: 22.02.2019 Author: Peter Palčec
Romania’s Regulator to Defer Turnover Tax for Energy CompaniesPhoto: © European Communities, 2009

The State Secretary at Romania’s Ministry of Energy, Doru Visan, said on 19 February that he had instructed the relevant bodies to defer the 2% turnover tax for energy companies for a period of one

Conversion to Gas of Romanian Craiova II TPP Worth EUR 180m

Date: 22.02.2019 Author: Peter Palčec
Conversion to Gas of Romanian Craiova II TPP Worth EUR 180mPhoto: Roman Peklaj

Romania’s Energy Minister, Anton Anton, travelled yesterday to Craiova to prepare the promotion of an innovative project in the field of natural gas accumulation in Romania, which includes

Romania Considering Merging Hidroelectrica and Oltenia Energy Complex

Date: 21.02.2019 Author: Peter Palčec
Romania Considering Merging Hidroelectrica and Oltenia Energy ComplexPhoto: Alenka Žumbar

The Romanian Ministry of Energy plans to reorganise the country’s electricity generation by establishing a new company that will combine electricity coal generation capacities (thermal power plants)

Core Construction Works on Greece-Bulgaria Pipeline to Start in Mid-2019

Date: 21.02.2019 Author: Peter Palčec
Core Construction Works on Greece-Bulgaria Pipeline to Start in Mid-2019Photo: Plinovodi

Bulgaria’s Minister of Energy, Temenuzhka Petkova, said that the construction of the Greece-Bulgaria interconnector, a key element of the Southern Gas Corridor, and a joint initiative between

Romanian Hidroelectrica’s Net Profit Up 13.9% in 2018

Date: 20.02.2019 Author: Peter Palčec
Romanian Hidroelectrica’s Net Profit Up 13.9% in 2018Photo: www.pixabay.com

State-controlled Hidroelectrica, the largest Romanian electricity producer, generated a net profit of RON 1.55 billion (EUR 330 million) in 2018, up 13.9% compared to the previous year, reported the

Romanian Regulator Fines Electricity and Gas Companies EUR 4.15m in 2018

Date: 20.02.2019 Author: Peter Palčec
Romanian Regulator Fines Electricity and Gas Companies EUR 4.15m in 2018Photo: Energetika.NET archive

The Romanian energy regulator, ANRE, imposed fines on companies active on the Romanian domestic electricity and natural gas markets in 2018 amounting to RON 19.72 million (EUR 4.15 million). Fines for

Romania Proposes to Link Southern Gas Corridor with RO-BG and BRUA Pipelines

Date: 20.02.2019 Author: Peter Palčec
Romania Proposes to Link Southern Gas Corridor with RO-BG and BRUA PipelinesPhoto: Roman Peklaj

“Last year at a meeting of the Advisory Council of the Southern Gas Corridor (SGC) Romania proposed to take into consideration, for the future stages of expansion, the infrastructure offered by the

ACER to Decide on Redispatching Methodology for Bulgaria, Greece and Romania

Date: 20.02.2019 Author: Tanja Srnovršnik
ACER to Decide on Redispatching Methodology for Bulgaria, Greece and RomaniaPhoto: Roman Peklaj

The Agency for the Cooperation of Energy Regulators (ACER) will take a decision by 11 August 2019 on the proposal by the electricity TSOs of the South East Europe Capacity Calculation Region (SEE CCR)

Romanian Transelectrica’s Revenue from Interconnection Allocation Up 8% in 2018

Date: 19.02.2019 Author: Tanja Srnovršnik
Romanian Transelectrica’s Revenue from Interconnection Allocation Up 8% in 2018Photo: Roman Peklaj

The Romanian electricity TSO, Transelectrica, increased its revenues from the allocation of interconnection capacities by 8% to RON 82 million (EUR 17.3 million) compared to 2017. According to the

Romania and Moldova Launch Second Phase of Gas Link Project

Date: 19.02.2019 Author: Tanja Srnovršnik
Romania and Moldova Launch Second Phase of Gas Link ProjectPhoto: Energetika.NET

The Romanian and Moldovan authorities inaugurated the second phase of the Iasi-Ungheni-Chisinau gas interconnection project on Monday, said Romania's economy ministry in a press release.

Investments in Power Distribution to Reach EUR 337.5m in 2019 in Romania

Date: 19.02.2019 Author: Tanja Srnovršnik
Investments in Power Distribution to Reach EUR 337.5m in 2019 in RomaniaPhoto: Energetika.NET archive

The Romanian energy regulator, ANRE, has announced that major electricity distribution companies will invest almost RON 1.6 billion (EUR 337.5 million) in 2019, of which about 6% (RON 75 million) will

Romanian Transgaz's Operating Profit Down 12.35% in 2018

Date: 19.02.2019 Author: Tanja Srnovršnik
Romanian Transgaz's Operating Profit Down 12.35% in 2018Photo: Plinovodi

Romania’s national gas TSO, Transgaz, generated an operating profit of RON 582.6 million (EUR 122.9 million) in 2018, down 12.35% compared to 2017, according to the company’s estimated financial

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