Energy

Business Forum   |   4 June, 2025 at 9:56 AM

Veolia says it has no plan to acquire Hidroelectrica

Veolia, the joint owner of Apa Nova București, the operator of the water infrastructure in Bucharest, says it has no plans to take over hydroelectric power producer Hidroelectrica.

Business Forum   |   3 June, 2025 at 2:13 PM

ELBI Group aims for 10% turnover growth in 2025

ELBI Group, comprising ELBI Electric & Lighting and ELBI Energy Projects, announced a consolidated turnover of approximately RON 556 million (€111.7 million) for 2024.

Business Forum   |   28 May, 2025 at 7:09 PM

Electrica Group profit soars over 50% in Q1 2025

Electrica Group recorded a net profit of 53.2% during Q1 2025 to RON 195.7 million (€39.3 million), while the operational revenues grew by 23.6% to RON 3.2 billion (€638.2 million).

Business Forum   |   20 May, 2025 at 6:01 PM

Romania aims to reach 3 GW in offshore wind

Romania's Ministry of Energy is aiming to commission a study on the potential of offshore wind projects in the Black Sea and is looking to receive feedback from the industry.

Business Forum   |   13 May, 2025 at 7:03 AM

Romania launches second CfD auction for renewable capacities

The Ministry of Energy has launched the second auction within the state aid scheme in the form of Contracts for Difference (CfD) to support the production of electricity from wind and photovoltaic projects.

Business Forum   |   6 May, 2025 at 4:30 PM

Romania inks first energy memorandum with Turkey

Romania and Turkey have signed their first memorandum in the energy field to improve energy security, renewable energy investments, and enhance regional infrastructure.

Business Forum   |   30 April, 2025 at 6:05 PM

OMV Petrom's net profit drops by 24% in Q1 2025

OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.

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Industry

Metaminds names new CEO

Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.