Romania to set transitional gas price for households by 2027
Romanian PM Ilie Bolojan has announced that a transitional period for natural gas pricing will be implemented between 1 April this year and the end of March 2027.
Romanian PM Ilie Bolojan has announced that a transitional period for natural gas pricing will be implemented between 1 April this year and the end of March 2027.
Greenvolt Power has secured €58.5 million in project financing from Erste Group Bank and BCR for a 49.8 MW onshore wind project in Săcele, in the Dobrogea region of south-eastern Romania.
Romanian drilling company Foraj Sonde Videle has secured a framework contract worth approximately €132 million from Dalkia France, part of the EDF Group, for geothermal drilling services over three years.
Oil major OMV Petrom closed 2025 with a net profit of approximately €620 million, down 27% compared to the previous year.
In 2024, 10.8% of the Romanian population was unable to keep their home adequately warm, according to the latest data released by Eurostat.
Russian oil major Lukoil has signed an agreement with US investment firm Carlyle for the sale of Lukoil International.
Shares of state-owned power producer Hidroelectrica reached a new historic high of RON 138.40 (€27.17) on 27 January 2026, marking the highest level since the company's listing on the Bucharest Stock Exchange on 12 July 2023.
Asset management platform Metawealth is entering Romania's battery energy storage system (BESS) market with grid-scale storage projects worth €110 million.
PPC Renewables Romania has increased its installed capacity to over 1.5 GW, following additions of approximately 200 MW in 2025.
Premier Energy has completed its acquisition of a controlling stake in a 158 MW wind farm in Hungary.
The Black Sea Energy Cooperation Association (Besca) has begun operations in Romania as a platform for collaboration among investors, developers, and experts involved in renewable energy projects across the Black Sea region.
Bulgarian Energy Holding (BEH) has entered the Han Asparuh offshore exploration joint venture in the Bulgarian Black Sea with a 10% interest.
The Kazakh-Romanian Energy Investment Fund (Kreif), through its subsidiary Rompetrol Energy, has completed commissioning of the cogeneration plant on the Petromidia Năvodari platform.
CMS has advised CCE on the sale of Horia Solar Invest Two, a special purpose vehicle developing a 269.227 MW (AC)/ 293.260 MWp solar project spanning more than 349 hectares in Arad County (Horia 2), to Renalfa Solarpro Group.
Romania's final electricity consumption fell by 0.7% in the first 11 months of 2025 compared to the same period in 2024, according to data published by the National Institute of Statistics (INS).
OMV Petrom has released its trading update for Q4 2025, revealing a period defined by improved refining performance and strategic adjustments following the extension of production licenses.
Enery has started construction of the Ogrezeni hybrid renewable energy project in Giurgiu County, Romania.
Law firm Kinstellar has assisted renewable energy developer Big Mega Renewable Energy on approximately €100 million project financing with a syndicate of lenders for the construction and operation of the Văcăreni wind farm located in Tulcea County, Romania.
Romania's Energy Minister Bogdan Ivan announced that discussions with operators about removing gas price caps began in September to prepare multiple scenarios and prevent sudden price increases after March 31 2026.
Romanian state-owned gas company Romgaz has signed an addendum extending the financing contract for its combined cycle power plant project in Iernut until June 2027.
A company from the PPC Romania group will construct a natural gas power plant with a capacity of approximately 100 MW on Valea Terovei, on the site of the former UCC - Uzina Cocso Chimică platform in Reșița.
State-owned power producer Hidroelectrica has convened an Extraordinary General Meeting of Shareholders (EGMS) for 27 January 2026 to approve a strategic partnership with EDF.
Nyerges & Partners advised Jinko Power Technology on its entry into the Romanian market through the acquisition of a 50 MW photovoltaic plant combined with a 150 MWh battery energy storage system (BESS) in Olt, southern Romania.
PeliPartners assisted Second Foundation in acquiring stakes in energy storage projects with a combined capacity of approximately 150 MW in southern Romania.

Only a quarter of Romanian CEOs expect their company revenues to grow in 2026, marking the lowest percentage in five years.
Robert Anghel has taken over leadership of Salt Bank, replacing Gabriela Nistor remains close to Salt as a Board Member.
Romania's Government Private Cloud, the country's largest critical digital infrastructure, has entered operational stage nationwide.
Romania's Ministry of Finance approved state aid worth €1.85 billion by the end of 2025, supporting total investments of over €4.2 billion and contributing to the creation of more than 36,000 jobs.
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.