Romanian engineering and green energy group Simtel Team has announced the signing of a significant contract valued at €43 million (excluding VAT) with Hepa Energy, owned by a lead company from Israel.
State-owned nuclear power producer Nuclearelectrica has concluded two financing agreements with a syndicate led by J.P. Morgan, securing a total of €620 million.
Hidroelectrica's Supervisory Board has initiated the selection and appointment process for a new CEO and CFO.
State-owned gas producer Romgaz has entered into an eight-year strategic partnership with Weatherford International to implement a real-time digital well monitoring system.
Karoly Borbely, Chairman of the Management Board and CEO, and Marian Fetiţa, Member of the Management Board and CFO, have mutually agreed to exit Hidroelectrica.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).