Energy

Business Forum   |   9 April, 2025 at 2:02 PM

Verbund buys wind farm in Romania

Verbund Wind Power Romania, part of Austrian energy group Verbund, has acquired a fully developed wind project from local renewable energy producer Monsson.

Business Forum   |   28 March, 2025 at 9:19 AM

Electrica posts nearly 40% profit decline in 2024

Electrica saw a net profit of RON 376.5 million (€75.5 million) in 2024, down 39.3% compared to 2023, while its operating revenues totaled RON 10.87 billion (€2.1 billion).

Business Forum   |   25 March, 2025 at 7:04 AM

Romania's Senate passes energy price cap extension

Price caps on electricity and natural gas will remain in place under the same conditions as at present, from the start of April to the end of June 2025 for electricity.

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Finance

BCR profits rise by nearly 20% in Q1 2025

BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024