Energy

Business Forum   |   29 October, 2025 at 6:08 PM

OMV Petrom reports 13% drop in nine-month net profit

OMV Petrom recorded a 13% decrease in its net profit over the first nine months of the year. Net profit fell to RON 3.4 billion (€668.4 million), while organic investments saw a 28% increase,

Business Forum   |   20 October, 2025 at 1:36 PM

Simtel Team opens subsidiary in Sweden

Simtel Team has announced the opening of a new subsidiary, Simtel Nordics, in Stockholm, Sweden, as part of its ongoing international expansion.

Business Forum   |   17 October, 2025 at 7:00 PM

Key partnership signed for Romania's SMR project

RoPower Nuclear, the project company responsible for the construction and commissioning of the Small Modular Reactor (SMR) project, has signed a contract with Studsvik Scandpower.

Business Forum   |   17 October, 2025 at 4:17 PM

Romgaz sues EC over carbon storage mandate

Romgaz, Romania's largest gas producer, has filed a direct action with the Court of Justice of the European Union against the European Commission, challenging what it views...

Business Forum   |   17 October, 2025 at 9:42 AM

Electrica launches 1GWh battery storage project

Power group Electrica has initiated the permitting process for 15 battery energy storage parks (BESS) with a combined capacity of approximately 1 GWh.

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Agriculture

EIB backs Romanian farmers with €25 million loan

Romanian farmers will gain access to additional financing through a €25 million loan from the European Investment Bank (EIB) to Agricover Credit IFN. The non-bank financial institution will channel the funds to micro agricultural businesses seeking to improve productivity and environmental sustainability.