Energy

Business Forum   |   5 February, 2026 at 1:14 PM

Romania and Georgia advance with Black Sea power cable project

Romanian grid power operator Transelectrica has signed a Memorandum of Understanding with Georgian State Electrosystem JSC (GSE) to develop the Georgia-Romania Interconnection Project, a submarine cable in the Black Sea.

Business Forum   |   4 February, 2026 at 11:14 AM

Foraj Sonde inks large contract with EDF group firm

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.

Business Forum   |   4 February, 2026 at 9:27 AM

OMV Petrom profit drops 27% in 2025

Oil major OMV Petrom closed 2025 with a net profit of approximately €620 million, down 27% compared to the previous year.

Business Forum   |   27 January, 2026 at 5:57 PM

Hidroelectrica shares hit record high

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.

Business Forum   |   21 January, 2026 at 7:00 PM

Besca launches in Romania for Black Sea energy cooperation

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.

Business Forum   |   19 January, 2026 at 3:30 PM

Rompetrol completes major cogeneration plant in Romania

The Kazakh-Romanian Energy Investment Fund (Kreif), through its subsidiary Rompetrol Energy, has completed commissioning of the cogeneration plant on the Petromidia Năvodari platform.

Business Forum   |   19 January, 2026 at 10:14 AM

CCE sells major solar project in Romania

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.

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Energy

Alive Energy acquires battery storage project in Romania

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.