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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Romgaz will deliver gas to Bucharest’s heat supplier for another year

Romanian state-controlled natural gas company Romgaz has concluded a contract worth RON 525.9 million (EUR 107 mln) with Bucharest power producer Electrocentrale Bucuresti (Elcen), the company that also supplies the heat and hot water to Bucharest residents, Bursa reported.

The contract was signed after incumbent mayor Gabriela Firea lost the race for a new term and new mayor Nicusor Dan promised a more sustainable strategy for the municipality's heating system.

Elcen, currently under insolvency, ponders the option of selling at least part of its assets to Termoenergetica, Bucharest's heat distributor.

Nicusor Dan reportedly already contacted Elcen's management to explore the options.

The contract signed by Romgaz and Elcen is for the delivery of natural gas between October 1, 2020, and September 30, 2021, according to a report submitted by Romgaz to the Bucharest Stock Exchange (BVB).

(Photo: Pixabay)

[email protected]

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Romgaz will deliver gas to Bucharest’s heat supplier for another year

Romanian state-controlled natural gas company Romgaz has concluded a contract worth RON 525.9 million (EUR 107 mln) with Bucharest power producer Electrocentrale Bucuresti (Elcen), the company that also supplies the heat and hot water to Bucharest residents, Bursa reported.

The contract was signed after incumbent mayor Gabriela Firea lost the race for a new term and new mayor Nicusor Dan promised a more sustainable strategy for the municipality's heating system.

Elcen, currently under insolvency, ponders the option of selling at least part of its assets to Termoenergetica, Bucharest's heat distributor.

Nicusor Dan reportedly already contacted Elcen's management to explore the options.

The contract signed by Romgaz and Elcen is for the delivery of natural gas between October 1, 2020, and September 30, 2021, according to a report submitted by Romgaz to the Bucharest Stock Exchange (BVB).

(Photo: Pixabay)

[email protected]

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