Energy

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.

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Energy

OMV Petrom locks in €800 million biofuels supply deal

OMV Petrom concluded a sales contract with OMV Downstream GmbH, a fully owned subsidiary of OMV AG, for part of the Sustainable Aviation Fuel (SAF) and Hydrotreated Vegetable Oil (HVO) to be produced at the Petrobrazi refinery.