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Energy commerce, a business for Malls and real estate companies
Malls, real estate entrepreneurs, two industrial parks, a stock market, a paper factory and even an investment bank have licenses in the Romanian energy business sector. Ordinarily they are consumers, but they use their current supply license to resell unused energy. Nicolae Pintilie, commercial director of Statkraft Romania says that these companies are mainly consumers and they don’t produce electrical energy. “They got their license to participate in the OPCOM energy... citeste mai mult
The Nabucco pipeline leaves 8.3% of gases and 14% of its tax profits in Romania
The Nabucco natural gas duct will infuse money in Romania in the guise of tax profits and dividends, will ensure 1.500 jobs, will actuate the Romanian industry and lower the dependency of Russian gas imports after 2014-2015. The government representatives in Romania, Turkey, Bulgaria, Hungary and Austria signed yesterday in Ankara the intergovernmental agreement to build the pipeline, which will supply Europe with natural gas from the Caspic region and the Middle East. The total... citeste mai mult
The industry business dropped 20% since January 2009
Companies in the energetic industry recorded the most dramatic comedowns yet, recording a staggering 35% drop in turn-over. Next on the list, there are the companies in the intermediary goods industry with a 7.6% deficit and long term use goods with a significant 23.8% drop. According to the Romanian National Statistics Institute (NSI), in the first 5 months of this year, companies figures in the industry dropped by almost 20%, relative to last year. The crisis also affected the... citeste mai mult
Romanian oil companies rose the price of fuel by 40% - Romania still among the cheapest
In half a year, the price of gasoline on the Romanian market rose by almost 40%, and by 15% for diesel. Oil companies blame the international oil prices and the undervaluation of the Romanian currency. Still, even with the drastic increase, according to the Oil Buletin, gas prices in Romania are still among the cheapest in the European Union with a price 0f 0.87 Euro/liter for gasoline and 0.84 Euro/liter for diesel. The closest values to Romania’s prices are recorded in... citeste mai mult
