Romania
Claren Energy to own 100% stake in Romanian gas field
Claren Operations, a wholly-owned subsidiary of Canadian oil and gas group Claren Energy Corp, has announced that it is entering into an agreement to purchase the remaining 60% interest in the Bobocu gas field licence in Romania from Zeta Petroleum.. Read more
Transgaz to begin work on Black Sea pipeline
Romanian gas provider Transgaz has announced that it now has the rights to begin working on the construction of a pipeline linking the Black Sea coast to the national transmission system and to BRUA - the pipeline running to Romania, Hungary and... Read more
Rompetrol refinery operations to be digitally transformed
Aspen Technology, Inc. has announced that Rompetrol Rafinare, a KMG International Group member and the largest refinery company in Romania, has purchased Aspen Mtell software and Aspen Fidelis Reliability software licences from the aspenONE Asset... Read more
Austria's PORR wins €129m Romania motorway construction deal
The Vienna-based construction company, PORR, has won the tender for design and building of a motorway in Romania. The contract, worth €129-million, has a total duration of 48 month; 12 months for the design phase, then 36 months for construction. Read more
Romania's Dacia increases market share by 3.7%
Romanian carmaker Dacia enjoyed unprecedented growth in the first quarter of 2019. The car firm, partly owned by the Renault Group, saw production rise to 97,231 units, increasing the company's market share by 3.7% within the EU... Read more
Moldovan Trans-Oil granted IIB loan for Ultex vegetable oil acquisition
The International Investment Bank (IIB), based in Moscow, has granted a loan to Moldova's Trans-Oil, an agro-industrial group, which it will use for the acquisition of Romanian vegetable oil producer, Ultex. Read more
Romania's Competition Council investigates Romgaz and OMV Petrom
The Romanian antitrust regulator, the Competition Council (CC) has begun an investigation into Romgaz and OMV Petrom over the conditions for gas delivery to their own plants. Read more
WDP to build €40 m Pirelli warehouse in Romania
Belgium-based intelligent warehouse solutions provider Warehouses de Pauw (WDP) has announced that it will build a new €40 million warehouse for Italian tyre manufacturer Pirelli in the southern Romanian city of Slatina. Read more
Sika acquires Romanian market leader in waterproofing systems
Sika has agreed to acquire Arcon Membrane Srl, a leading manufacturer of roofing and waterproofing systems in Romania. Read more
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Bobocu drilling
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Transgaz
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Rompetrol
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Romania govt
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Dacia
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Romgaz
