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).
Energy bills for households will increase once the price capping scheme is scrapped in July, finds a new study by the Energy Policy Group (EPG).
Sinteza, the Romanian producer of synthetic chemical substances, has decided to discontinue the implementation of its energy storage investment project.
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.
Photon Energy and Hyperion Renewables have announced the signing of an EPC contract for a 34 MW photovoltaic project in Săliște.
Enexus, an integrated EPC company specializing in mid- to large-scale solar and storage projects, has announced a turnover of approximately €23 million.
BCR has granted a €18.5 million loan to Italian Alerion Clean Power for the construction of a 35 MW photovoltaic project in Călăraşi county
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.
OMV Petrom is expanding its electric mobility infrastructure by adding rapid charging services for electric trucks, with 400 kW charging stations in its network.
MOL Group has recorded a pre-tax profit of $546 million, marking a 23% increase compared to the same period last year.
Hidroelectrica has announced the signing of a contract for the development of a photovoltaic project at its power plants on the middle and lower sections of the Olt River.
The European Commission has issued a reasoned opinion to Romania, urging the country to remove restrictions on gas producers' ability to determine wholesale prices.
A surge in business energy demand is reshaping the global energy landscape, compelling energy providers to reconsider their strategies for supporting growth and delivering value.
Romania and Turkey have signed their first memorandum in the energy field to improve energy security, renewable energy investments, and enhance regional infrastructure.
Electrica has signed a syndicated loan agreement worth RON 3.1 billion (€620 million), in a deal coordinated by BT and BCR, with Raiffeisen Bank acting as Sustainability Agent.
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.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.
Romania's Energy Minister Sebastian Burduja said, “our national energy system is operating without any issues,” in response to the massive power outages reported in Spain and Portugal.
Oil and gas major OMV Petrom has announced that its wind and photovoltaic projects in Romania have a combined capacity of 2.4 GW.
The Romanian engineering company Simtel Team has announced the signing of a significant contract to finance its photovoltaic project in Giurgiu.
Electricity supplier Restart Energy One has filed a request at the Timiș Court for the initiation of a composition with creditors procedure to address temporary financial challenges.
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
Nofar Energy, a renewable energy investor listed on the Tel Aviv Stock Exchange, has signed an EPC turnkey and O&M contract for a 265 MW photovoltaic power plant in Corbii Mari.
The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with Vienna Insurance Group (VIG) to acquire approximately 10% of the shares of Carpathia Pensii, a Romanian private pension company.
Romania recorded the most significant increase in industrial electricity costs across the EU during H2 2025, according to data released by Eurostat.
Polish pharmaceutical company Zakłady Farmaceutyczne Polpharma has agreed to launch a voluntary public takeover offer (VTO) for all shares of Romanian drugmaker Biofarm, according to a regulatory filing.
Romania's Ministry of Finance has launched a public consultation for the TechUp Romania funding scheme, designed to support investments in research and development of advanced technologies with production capabilities.
Visual Fan has entered the shareholding of Solbess, a company active in electricity production.