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Energy & Environment
ISPA project worth 20 million euros in Galati
Thursday, February 15, 2007
The local authorities and two companies from Turkey and Germany signed on Thursday the IPSA financing contracts for the construction of a purification plant in Galati (241 km northeast of Bucharest).Mayor Dumitru Nicolae signed two contracts, one with the German-Danish company IGIP&Carl Bro, worth of 3.8 million euros, for technical assistance and supervision. The second contract, worth of 20 million euros, was signed with the Turkish company Yapi System for the construction of a ...
Transgaz might be listed on stock exchange in 2007, says Minister of Economy
Thursday, February 15, 2007
Transgaz might be listed on the stock exchange in 2007, Minister of Economy and Trade Varujan Vosganian told a news conference on Tuesday.At the same time Vosganian said that they would start procedures to list other companies in the energy field such as Romgaz, Hidroelectrica and Nuclearelectrica.According to the Minister of Economy in 2007 they will make important changes in the energy legislation and will establish energy policies and in 2012 Romania will get involved in the projects ...
Project of 150 million euros afoot for lighting in non-electrified settlements
Thursday, February 15, 2007
Minister of Economy and Trade Varujan Vosganian told a news conference on Tuesday that non-electrified settlements will benefit from a 150-million-euro project with a deadline set for 2009.'This concerns the connection to the national powergrid of 130-140 non-electrified villages and the extension of lighting to more than 1,500 villages and new neighbourhoods,' the minister said.He added that the investment will be made under a public-private partnership, but he was tight-lipped about the ...
Economic operators not observing environment norms could be shut down
Thursday, February 15, 2007
The Ministry of Environment and Water Management will sanction drastically, even shut down, the economic operators not observing the environment norms, for the European Commission not to institute an infringement procedure against Romania, said on Tuesday Ioan Gherghes, President of National Agency for Environment Protection, during a symposium held on infringement prevention.'The Ministry will back the economic agents in observing the obligations assumed towards the European Commission, ...
Four wind turbines to become operational in eastern Romanian village
Thursday, February 15, 2007
Four wind turbines will become operational in Baia village of Tulcea County (eastern Romania), in summer, said village mayor Nicolae Ianus adding that the investment belongs to Pentium SRL Company of Satu Mare.A second wind gear has recently started working at a power twice higher than the first and we are looking forward to the next two to arrive in our village, mayor Ianus stressed. A French company interested in leasing land in our village and develop a wind power business is expected to ...
Romania to request European Commission to decrease quotas on collection of electric and electronic equipment waste
Thursday, February 15, 2007
Romania will not be able to collect, in 2007, three tonnes of electric and electronic equipment waste, in line with the European Council's directive 200296, said on Tuesday general commissioner of National Environment Guard, Silvian Ionescu in a seminar on infringement procedure.'A study conducted by Czech specialists found that none of the countries that have joined the EU since 2004 cannot reach this volume. In Romania's case, the assumed pledge did not take into account the national ...
The energy system's parasite companies, an analysis by economist Ilie Serbanescu
Thursday, February 15, 2007
Seeking to render transparent the controversial contracts for the delivery of electric energy, suspected of concealing serious irregularities and which the President and the Romanian Supreme Defence Council ordered to be declassified, the new Economy Minister has given to publicity the situation of 2006 supplies.Commenting in daily Romania libera this Wednesday on this fresh information, economic analyst Ilie Serbanescu says that 'it is just as revealing as outrageous.' Whereas the State is ...
MOL Romania: 26 pct higher sales in 2006
Thursday, February 15, 2007
Fuel sales of MOL Hungarian petroleum group saw a 26 percent rise last year in the Romanian market compared with 2005, the Ziarul financiar reported on Wednesday.The figures were achieved as a result of the expansion of its network of gas stations, after the takeover of Shell business in Romania and of a 13 percent increase in the average volume of sales per station. This is what the MOL representatives said on Tuesday, when they announced preliminary results for the group. Sales of MOL gas ...
Hidroelectrrica and Termoelectrica likely to merge
Thursday, February 15, 2007
Hidroelectrica electricity maker and Termoelectrica electricity and heating supplier could merge, reads a draft emergency ordinance under public debate.Thus, Hidroelectrica is to absorb Termolectrica, the former continuing to attract the required capital to set up new electricity suppliers andor rehabilitate the old ones such as the Termoelectrica subsidiaries CET Braila, CET Borzesti and CET Doicesti. By private investors' support, the old branches will become joint ventures.Based on a ...
Oltchim launches negotiations with Petrom to take over some Arpechim refinery assets
Thursday, February 15, 2007
Oltchim Ramnicu Valcea Co. (center southeast) started, through the Authority for State Assets Realization (AVAS), negotiations with Petrom SA in order to take over the installation of pyrolysis from Arpechim refinery Pitesti, the chemical combine informs in a press release conveyed to Bucharest Stock Exchange (BVB).As well, following the company's proposals, AVAS acepted to initiate procedures so that salt and chalk mining exploitation sector in Valcea zone, part of Valcea Mining ...
Minister Barbu's priority is to get flood-hit hydrotechnical constructions rehabilitated
Thursday, February 15, 2007
Environment and Water Management Ministry (MMGA)'s priority this year is to finalise the rehabilitation of the hydro-technical constructions afflicted by floods during the past two years.Floods damaged 878 hydrotechnical constructions over 2005-2006. The investment effort of the incumbent ruling is huge, Environment and Water Management Minister Sulfina Barbu said.MMGA invested 989.906 million RON (1 euro=3.37 RON) in water management during the past two years. The amount exceeds the total ...
Romania and Finland are sole EU countries having nuclear units under construction
Thursday, February 15, 2007
European People's Party (EPP) Political Bureau taking place in Brussels on last Thursday and Friday passed the stance document relating to the EU new energy strategy that the European Commission proposed on Jan 10. The document's future relevance for Romania consists in the fact it is aware of the key role nuclear energy must play in the future, representative of Hungarian Democratic Union of Romania (UDMR) in EPP's Political Bureau and delegate Minister for Trade Iuliu Winkler told ...
Final consumption of electricity rises 2.7 percent in 2006
Thursday, February 15, 2007
Final consumption of electricity in 2006 stood at 50.348 billion KWh, up 2.7 percent from 2005, with public lightning and the population reporting consumption up 6.2 percent and 5.3 percent respectively, say data from the National Statistics Institute. Electricity resources amounted to 63.197 billion KWh, up 2.4 percent from 2005, production having increased 2.808 billion kWh (4.7 percent), while import went down 1.331 billion KWh (57.4 percent).Most of the production of electricity kept ...
Cernavoda 2nd nuclear reactor to be commissioned at end-April
Thursday, February 15, 2007
The 2nd nuclear reactor of Cernavoda Nuclear Power Plant (southeast of Bucharest) will be commissioned on April 25 and it will be fully operational by year-end, Economy and Trade Minister Varujan Vosganian said.The plant's operator Nuclearelectrica SA estimated it would increase its production this year by 50 percent up to 8.4 TWh from 5.6 TWh in 2006, as a result of the 2nd reactor's commissioning.Vosganian said several companies and consortia voiced interest in taking part in building ...
Prices in energy acquisition contracts will be made public
Thursday, February 15, 2007
Prices included in energy acquisition contracts will be made public, Varujan Vosganian stated on Tuesday, in a press conference. Starting with 23 February, all prices in the contracts to be signed will be made public, the economy minister stated. Vosganian specified that at present 40% of the electrical energy is taken by the regulated sector, where household users are included, 30% goes to intermediary contracts, 7-8% goes to bilateral contracts, and 12-13% to the market for next day. The ...
Sectoral Operational Programme Environment budget worth 5.5 billion euros until 2013
Thursday, February 8, 2007
The Sectoral Operational Programme (SOP) Environment was approved this week by the Romanian Government and sent for further approval to the European Commission, reads a release issued by the Ministry of Environment and Water Management (MMGA). The overall budget of the Sectoral Operational Programme Environment is appraised at 5.5 billion euros, of which 4.5 billion euros represent non-repayable financing allotted by the European Union and over one billion euros is the national contribution. ...
PHARE project worth 3.8M euros to control pollutant emissions
Thursday, February 8, 2007
Environment and Water Management Ministry (MMGA) launched the PHARE Project on the Acquisition of Equipment for Controlling Emissions resulting from the International Plant Protection Convention (IPPC) activities, at regional level, worth 3.801 million euros and having an enactment period of 11 months, MMGA release says.The Programme's goal is to improve the monitoring of the emissions from the equipment under the Directive on industrial pollution prevention and control, so that any change ...
There are 89 wetlands and 52 eco-regions in Romania
Thursday, February 8, 2007
Under the Convention on Wetlands signed in Ramsar, Iran, in 1971, ratified by Romania under Law 51991, February 2 was established as World Wetlands Day.The theme of the World Wetlands Day 2007 is wetlands and fisheries and their importance for sustainable use so that they may remain a source of living for both the present and the future generations.'Along time, the Ramsar Convention on Wetlands has highlighted the important place of the population in the conservation of the wetlands. ...
CNH remains biggest debtor to state budget
Thursday, February 8, 2007
National Pit Coal Company (CNH) continues to be the biggest debtor to the state budget, with arrears exceeding 987 million RON (1 euro = 3.4 RON) in end-Dec 2006, reads the list of the big tax-payer debtors published on the Public Finance Ministry's web page.CNH benefits from arrears payment incentives, the source says.Termoelectrica SA Electricity and Heating Producer Co. with arrears higher than 349 million RON, CFR SA National Railways Co. with arrears of 105 million RON and Electroputere ...
Romania needs EUR 3 billion in environmental technology investments
Thursday, February 8, 2007
Romania needs investments in environmental technologies worth three billion euros, estimates Secretary of State with the Ministry of Environment and Water Management (MMGA) Attila Korodi, informs a MMGA press release.'Romania is getting increasingly interesting to companies operating in the protection of the environment. Our county's pre-accession experience has already generated a relevant market. Romania currently needs important investments in environment technologies, only this area ...