Energy

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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Finance

FintechOS turns profitable over higher US sales

FintechOS, the financial technology company founded in Romania that provides AI-based digitalisation solutions for banks and insurers, has reached profitability on the back of a 40% rise in recurring revenue at the end of Q1, company representatives said.

Energy

EBRD lends €57 million to Delgaz Grid for investments

The European Bank for Reconstruction and Development (EBRD) is providing a loan of RON 300 million (€57 million equivalent) to Delgaz Grid, an electricity and gas distribution company operating in Romania, to support energy security.