Energy
Romania to declare emergency on fuel market
Romania will declare an emergency situation on the fuel market following a working group meeting convened by PM Ilie Bolojan to address surging costs.
Following recent checks, Romania's Energy Ministry manages emergency oil stocks exceeding 2 million tonnes oil equivalent, according to an official statement.
Energy group PPC achieved its 2025 targets with adjusted EBITDA reaching €2 billion and adjusted net profit of €450 million, up 25% year-on-year.
Alive Capital, a green energy supplier and integrated services platform for renewable energy producers, has signed a collaboration agreement with Sieyuan Electric.
Romania maintains a much higher level of energy self-sufficiency compared to the EU average, though certain sectors show diverging trends, according to Eurostat.
Turkish investor Yeşilyurt Enerji has successfully secured a €20 million financing package from the Netherlands-based bank YapiKredi
PPC Blue Romania, part of the PPC group, has partnered with retailer Selgros to install a network of 100 charging points for electric vehicles across stores in 7 cities, with a total installed power of 5,800 kW.
Oil major OMV Petrom has delivered the first electrolyser module for green hydrogen production at its Petrobrazi refinery, marking progress in the 20 MW green hydrogen project.
Alive Energy has acquired Green Storage Farm, a battery energy storage system with 82.8 MW of installed power and 181 MWh storage capacity. The project has reached ready-to-build status and received foreign direct investment screening clearance.
Israeli developer Econergy Renewable Energy has secured €31 million in project financing from Kommunalkredit for its 60MW Ovidiu solar project in Romania.
Helleniq Energy has completed two photovoltaic parks in southern Romania with a combined capacity of 58 MW, marking the company's first operational renewable energy assets in the country. The projects are part of a 2023 agreement with Metlen for developing four solar projects totalling 211 MW.
Romanian energy company Simtel Team has appointed Petre Stoian as CEO to consolidate its management structure as the group expands its operations.
The European Commission (EC) has approved a €150 million Romanian scheme to support electricity storage, contributing to the transition towards a net-zero economy.
The Romanian government has approved a critical emergency ordinance to maintain capped natural gas prices for household consumers
PPC Group and Metlen will establish a 50-50 joint venture for developing, constructing and operating Battery Energy Storage System (BESS) projects of up to 1,500 MW / 3,000 MWh.
Alive Capital will return to full ownership of founder Giacomo Billi following the transfer of Premier Energy's majority stake to Omnia Capital, Billi's investment holding.
Enery, an independent renewable power producer in Central and Eastern Europe (CEE), has reached financial close on a €460 million syndicated green project financing with a consortium of seven banking groups.
Romanian gas producer Romgaz recorded a consolidated net profit of RON 3.35 billion (€674.5 million) for the 2025 financial year.
State-owned power producer Hidroelectrica Group recorded a 20% fall in net profit during 2025 versus 2024 as the poor water levels significantly impacted hydropower generation and consequently the total volume of energy available for sale.
Greenvolt Power has secured €348 million in financing for the construction of a 253.1 MW wind project in Ialomița county, Romania.
Romanian energy group Electrica achieved record financial results in 2025, with preliminary net profit reaching RON 1.22 billion (€245 million), representing a 159% increase compared to 2024.
Romanian engineering group Simtel Team has reported a 68% year-on-year surge in preliminary consolidated operating revenue for 2025, reaching RON 605.7 million (€121.7 million).
Electrica has signed a memorandum of understanding with steel maker Liberty Galați for the joint development of renewable energy production and storage capacities of up to 500MW.
Rompetrol Rafinare will halt operations at its Petromidia Năvodari and Vega Ploiești refineries in early March for a scheduled technological turnaround lasting approximately 20 days.
YESS Power, the energy storage brand of Topkapı Endüstri, has delivered a 30MW/60MWh Battery Energy Storage System (BESS) at Mey Energy's 55 MW Novaci solar power plant in North Macedonia.
The Iran war continues without a clear end, and financial market participants are beginning to consider a scenario where the conflict extends over months rather than weeks, according to an Ebury analysis.
Olympus Foods România has begun construction of a new warehouse at its Brașov Dairy Factory, with an investment of €7.5 million.
Romanians are spending more on cinema experiences as economic pressures drive a shift towards leisure-oriented consumption. Cinema revenues reached approximately €63 million in 2025, up 16% compared to 2024 and around 10% above pre-pandemic levels, according to Colliers data.
Affidea Romania continues its expansion plan in integrated medical services and announces the acquisition of five centres: Phoenix clinics in Bucharest, Arad, Sf. Gheorghe, Sighetu Marmaţiei and GMH Clinic in the capital. The Affidea network now reaches 81 clinics in 33 cities.
Although 86% of organisations plan to increase their artificial intelligence (AI) investments, only 18% can fully leverage this technology, according to an Accenture report.