Razvan Nicolescu

On Wednesday, the European Parliament adopted a resolution based on the petition submitted to the EP by civil society in Romania, which calls for challenging the legality of Austria's veto against our country's accession to the Schengen…

Razvan Nicolescu, newly appointed partner with the Consulting practice of Deloitte Romania, also takes on a regional role, by becoming Central Europe leader for gas, oil and chemicals sector. “Becoming a partner is the highest accolade…

Investments in the Black Sea oil sector will generate revenues to the state budget of USD 26 billion and an additional USD 40 billion to Romania's GDP by 2040, according to a study conducted by Deloitte, at the request of Romanian Black Sea…

OMV Petrom representatives will be called to hearings within the commission for investigating the activity of the National Authority for Energy Regulation (ANRE) to provide information about the manipulation of the energy market and…

Enel officials announced the completion of the transaction by which the Romanian state has received EUR 401 million. The amount represents the takeover of 13.5% of the former Electrica Muntenia Sud. Enel had to pay the Romanian state the…

US company Quintana Minerals Corporation is interested in the privatization of coal and electricity producer Hunedoara Energy Complex (CEH), demanding Romanian Department of Energy more information in this respect about the public company.…

Delegate Minister for Energy Razvan Nicolescu (photo) addressed the Finance Minister Ioana Petrescu a letter, claiming the revision of the taxation system for hydrocarbons is needed, starting January 1, 2015, so that “the Romanian state…

The Finance Ministry reposts on its website, for public consultation, a draft amending the Fiscal Code, and the new document will come into effect on January 1, 2015. Simplification, efficiency and predictability of tax legislation are…

The price of natural gas produced in Romania and consumed by the population will not increase by July 1st, 2015. The Government and Regulatory Authority for Energy (ANRE) will develop a new gas market deregulation graphic, for July 1st,…

Romania’s Energy Strategy, in public debate after presidential elections. The change of legislation three months ago gives free reign to domestic companies to look to the foreign markets. Thus, according to the delegate minister of energy,…