Romanian power distributor completes 5 mln investment
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Romania's Trade Ministry said Czech's CEZ and Germany's E.ON had submitted binding bids for two regional power distributors Electrica Moldova and Electrica Oltenia.
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French companies have signed deals in Romania this week worth more than $1 billion, the Ziarul Financiar newspaper reported Tuesday.
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Microsoft chairman Bill Gates inaugurated a technical support center in Bucharest on Thursday, saying he was confident that Romania's recent accession to the European Union would boost foreign investment and the country's IT industry.
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United States energy provider AES announced Monday it would invest EUR1.06 billion to renovate a lignite-fired power plant in Bulgaria.
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National Grid Transco, the Britain-based deliverer of energy, announced it has agreed to sell four of its gas distribution networks to consortia in cash deals worth 5.8 billion pounds (8.6 billion euros, 10.4 billion dollars).
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The national telecoms regulator in Romania (the MCTI) has announced the winners of the bidding for 3G licences in the country.
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GTech Corp. has signed a five-year contract with Veikkaus Oy, the operator of the Finnish national lottery, worth up to $67 million.
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Lietuvos Dujos (Lithuanian Gas) and Germanya s PPS Pipeline Systems signed a contract this week for the construction of a gas distribution station in Visaginas and a natural gas transmission pipeline to the ...
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Iberdrola agreed to buy ScottishPower for $22.5 billion in a move that would create one of EuropeÂs largest utilities.
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Italian energy group Enel said on Thursday that it had agreed to buy an additional 11.58 percent of Spanish peer Endesa, meaning the Italian company now controls a 21.57-percent stake.
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The gas and electric company Dominion Resources said that it would sell some of its operations in the United States for a combined $6.5 billion.
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A strong earthquake with a preliminary magnitude of 5.8 shook Romania late Wednesday, the Earth Physics Institute said.
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Per diventare partner dell'impianto in Romania
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ROME Enel, the largest Italian utility, said Friday that it would receive E1.9 billion in investment compensation from the government as it sells most of its stake in the power grid operator Terna.
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HONG KONG China Power International Development has raised 2.5 billion Hong Kong dollars, or $320.6 million, in an initial public offering, bankers said, after pricing its shares at a discount to rivals and selling a stake to Singapore&#39;s state-run
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MADRID/LONDON  - Spain's Iberdrola  has agreed to buy Scottish Power  for 11.6 billion pounds ($22.5 billion) in cash and shares to create Europe's third-biggest utility and a world leader in renewable energy.
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Business: 8 November 2004, Monday. The state sale body has approved the inked contract with Czech company CEZ for the privatisation of 67% stake in Northwest Bulgaria power utility pool.