Tag: Oltenia

EC Oltenia will get 21 million euros for modernization of its TPPs – Romania, 16 August 2106

Romanian Minister of Energy Victor Grigorescu said that the Ministry has signed two financing agreements worth 21 million euros with state-owned electricity producer Energy Complex (EC) Oltenia in order to […]

OMV Petrom became fourth largest electricity producer in Romania – Romania, 30 June 2016

Romanian subsidiary of Austrian OMV Group, OMV Petrom is already the largest oil producer in Romania, but according to the latest report of National Energy Regulatory Authority (ANRE), the company […]

No risk of insolvency for EC Oltenia – Romania, 11 May 2016

Romanian Minister of Energy Victor Grigorescu announced that there is no risk of insolvency for Energy Complex (EC) Oltenia, although the repayment of the company’s debt could take years. Minister […]