Business Forum
| 30 June, 2025 at 12:31 PM
Energy price caps in Romania to end after more than 4 years
The energy price cap scheme for consumers in Romania is ending on Monday, after almost four and a half years.
The energy price cap scheme for consumers in Romania is ending on Monday, after almost four and a half years.
Romanian gas transmission company and its Serbian peer JP Srbijagas have signed a Memorandum of Understanding for the construction of two crucial natural gas pipeline projects.
Hidroelectrica, Romania's largest green energy producer, announced the awarding of the turnkey contract for the Nufărul Pilot Project floating photovoltaic panel system.
Eurowind Energy, the Danish developer and operator of renewable energy projects, is investing €174.8 million in a new solar park in Vișina, Dâmbovița County.
Romanian entrepreneurs have a significant opportunity to invest in renewable energy with over €450 million in EU funding available this summer.
PPC Blue Romania is introducing a complimentary towing service for its subscribers, marking a first for electric mobility companies in Romania.
OMV Petrom has purchased a 50% stake in the Gabare photovoltaic project in Bulgaria from Enery, set to become one of the country's largest solar installations.
OMV Petrom announced a significant step towards sustainable aviation fuel (SAF) production, having secured a crucial feedstock for its Petrobrazi refinery.
Romania engineering group Simtel, specialized in the renewable energy field, plans to launch as early as next week its first corporate bond sale.
Engie Romania has completed its sixth photovoltaic park, with a capacity of 37.2 MWp, located in Ariceștii Rahtivani, Prahova County.
Two financing contracts, totalling RON 233 million (€46.7 million), for local green energy production have been signed, announced the Minister of Energy, Sebastian Burduja.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
Romania has a potential market value of over €1 billion in investments for storage capacities in the coming years alone, based on announced projects and upcoming tenders.
Romania aims to produce 153,000 tons of renewable hydrogen annually and reduce carbon emissions by over 2 million tons by 2030, according to the National Hydrogen Strategy 2023-2030.
Wholesale retailer Selgros has announced a strategic partnership with Voltrelli-EVConnect for the development of electric vehicle (EV) charging infrastructure across Romania.
Romania's energy regulator ANRE has approved the establishment of one of the largest wind farms in Romania.
Veolia, the joint owner of Apa Nova București, the operator of the water infrastructure in Bucharest, says it has no plans to take over hydroelectric power producer Hidroelectrica.
ELBI Group, comprising ELBI Electric & Lighting and ELBI Energy Projects, announced a consolidated turnover of approximately RON 556 million (€111.7 million) for 2024.
Groundbreaking has been made at Europe's first tritium removal facility (CTRF) at the Cernavodă Nuclear Power Plant in Romania.
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.
Romania's consolidated general budget execution closed the first seven months of 2025 with a nominal deficit of RON 76.44 billion (€15.34 billion), an increase of RON 5.4 billion.
Romanian electricity major Electrica Group has announced a substantial increase in its financial performance for H1 2025, with a net profit reaching RON 421.4 million.
Germany-based energy company E.ON has issued €1.1 billion in green bonds through a public transaction.
Romanian private healthcare operator MedLife has reported a pro-forma consolidated turnover of RON 1.57 billion (€316 million) in H1 2025, a 20.3% increase compared to the same period in 2024.
Sphera Franchise Group, the largest food service group in Romania, announced consolidated sales of RON 745.2 million (€150.3 million) for H1 2025, marking a slight increase of 0.7%.