about us | newsletter | contact | archive | members area
Pascal Robin, Sanofi Romania
The country evolution is to be taken into consideration by any foreign investors»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Nuclearelectrica's IPO completed in late September

The initial public offering for the sale of new shares, representing 10 percent of the share capital in the power company Nuclearelectrica, was successfully completed through the Bucharest Stock Exchange (BSE) in late September, according to the Energy Department

October 2013 - From the Print Edition

Following the IPO, Nuclearelectrica's total increased share capital was EUR 70.2 million. The listing procedure was brokered by Swiss Capital and BT Securities, while the brokers' legal advisors were Musat & Associates and Hogan Lovells.
"Nuclearelectrica's listing on the Bucharest Stock Exchange is part of an ambitious project undertaken by the Government, through the privatization calendar, in conjunction with the International Monetary Fund," said Constantin Nita, the Minister Delegate for Energy. "Developing a complex financial ecosystem and stock exchange funding are essential for creating a modern financial and economic environment on the local market." Nuclearelectrica is one of the largest producers of energy, providing about 20 percent of all electricity produced in Romania. With a total installed capacity of 1,413 MWe, it uses two CANDU nuclear reactors that have been in operation since 1996 and 2007 respectively.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  6420 Views
Daily Info
Vodafone to lay off 1,700 service center employees in Romania, India and Egypt

Vodafone, one of the biggest telecom groups in the world, will lay off 1,700 employees from its service centers in Romania, India and Egypt, in this financial year, the group'...

European Property Federation elects Liviu Tudor as new President

The European Property Federation Managing Committee elected Liviu Tudor, CEO of Genesis Property and President of the Romanian Association of Building Owners, as President of ...

Commisioner Cretu: Romania has a high level of women representation in the digital sector

Romania is one of the countries of the European Union with a high level of representation of women in the digital sector, said European Commissioner for Regional Policy, Corin...

Romania gets 450 million Euro loan from EIB for rural development programme

The European Investment Bank (EIB) is lending 450 million Euro to Romania to finance its national contribution to the implementation of the Romanian Rural Development Programm...

Ambassador Klemm: Women are directly affected by digital exclusion

Women are directly affected by digital exclusion, US Ambassador to Bucharest Hans Klemm said Monday at the opening of the Digital Romania International Forum.

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
President Iohannis to hold CSAT meeting on September 4 for budget revision

Romanian president Klaus Iohannis has summoned on September 4 the members of the Supreme Council of National Defence (CSAT) to approve the budget revisions for institutions...

1 Comment

Anca Jurma named interim chief prosecutor of Romanian anti-corruption agency

Prosecutor Anca Jurma has been named the interim chief prosecutor of the Romanian anti-corruption agency (DNA) following an order by the General Prosecutor Augustin Lazar. ...

1 Comment

New Government reshuffle in Romania to take place in October

A new reshuffle of the Government is supposed to take place in early October, according to the Socialist-Democrat Party (PSD) Liviu Dragnea. He said that, together with the...

Ambassador Klemm: Women are directly affected by digital exclusion

Women are directly affected by digital exclusion, US Ambassador to Bucharest Hans Klemm said Monday at the opening of the Digital Romania International Forum.

TransferGo receives electronic money license

TransferGo, the international fast online transfer company, has been granted its e-Money license from the Bank of Lithuania. The license allows electronic money storage & t...

1 Comment

Romania could remove special excise on fuels

Romania's Finance Ministry could remove the special excise on fuel, according to the minister Eugen Teodorovici, cited by Mediafax.

Black Sea Trade and Development Bank gives 40 million Euro loan to Alpha Bank Romania

The Black Sea Trade and Development Bank (BSTDB) is increasing the availability of financing to small and medium enterprises (SMEs) in Romania with a 40 million Euro SME Fa...