Romanian electricity producer Nuclearelectrica said that unit 2 of its nuclear power plant Cernavoda has been automatically disconnected from the grid in the morning hours of 29 March, after a glitch in the electric system. Unit 2 at NPP Cernavoda has been operating at half capacity on 25 March due to the replacement of a […]
By signing the purchase agreement, Romanian natural gas transmission system operator Transgaz has acquired Vestmoldtransgaz, a company that operates the Moldovan section of Iasi-Ungheni gas pipeline. According to the press release, this event marks the end of a stage in the privatization process of Vestmoldtransgaz through an investment contest and outlines one of the most […]
At the extraordinary Shareholders’ Assembly held on 28 March, shareholders of Montenegrin power utility EPCG have approved the launch of Pljevlja coalmine buyout bid. EPCG will initiate a procedure for the acquisition of 5,064,443 shares of Pljevlja coalmine (100 % of the capital) at the price of 6.4 euros per share which was determined based […]