Simtel 9-month revenue jumps 88% on strong PV and BESS contracts
The Simtel Group recorded consolidated operating revenues of RON 326.7 million (€65.6 million) in the first nine months of 2025, marking a 88% increase year-on-year.
The Simtel Group recorded consolidated operating revenues of RON 326.7 million (€65.6 million) in the first nine months of 2025, marking a 88% increase year-on-year.
Local green energy developer Monsson and battery maker Prime Batteries have signed a memorandum of cooperation for the supply of 1,070 MWh of batteries.
Romanian hydroelectricity producer Hidroelectrica has selected the contractor for the overhaul of three pumping stations in the country.
Gas Transmission System Operators (TSOs) from Greece, Bulgaria, Romania, the Republic of Moldova, and Ukraine have signed a joint letter requesting their national energy regulators.
MOL Group has announced its financial results for Q3 2025, achieving a $503 million profit before tax, which remained flat year-on-year.
Parapet, the Romanian EPC contractor specialising in renewable energy, has announced the signing of seven new contracts with Italian green energy company, Alerion.
The National Energy Regulatory Authority (ANRE) has approved the National Natural Gas Transmission System (SNT) Development Plan for 2024–2033, updated for 2025.
The Ministry of Energy acknowledged the public statement from Lukoil regarding its intention to sell its international assets.
State-owned hydroelectricity producer Hidroelectrica reported a significant 23% drop in net electricity production for the nine months of 2025, compared to the same period in 2024.
OMV Petrom recorded a 13% decrease in its net profit over the first nine months of the year. Net profit fell to RON 3.4 billion (€668.4 million), while organic investments saw a 28% increase,
State-owned gas producer Romgaz concluded the subscription process for its second issue of bonds under the Euro Medium Term Notes Program (EMTN Programme) on October 28.
State-owned gas producer Romgaz reported gains in sales during the first nine months of 2025.
Greenvolt Next, part of the Greenvolt Group, has completed a new photovoltaic power plant.
Rompetrol Rafinare has announced the completion of a major stage in its tank farm rehabilitation and modernisation program at the Petromidia refinery.
Fitch Ratings has decided to maintain the BBB- credit rating with a negative outlook (Investment Grade) for state-owned gas producer Romgaz.
PPC Renewables Romania is significantly expanding its renewable energy portfolio by launching the second phase of the Deleni Park wind farm.
Grid operator Transelectrica has launched two key investments in Romania's electricity transmission infrastructure.
Romania's crude oil production decreased by 7.7% in the first eight months of 2025, while imports rose by 19.2%.
Simtel Team has announced the opening of a new subsidiary, Simtel Nordics, in Stockholm, Sweden, as part of its ongoing international expansion.
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.
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...
Power group Electrica has initiated the permitting process for 15 battery energy storage parks (BESS) with a combined capacity of approximately 1 GWh.
SolarToday Eastern Europe, a provider of energy storage solutions, has successfully commissioned a 10.32 MWh utility-scale battery energy storage system (BESS).
Power producer Electrica has finalized and commissioned a photovoltaic park with a capacity of 27 MW in Satu Mare county.

Enterprise Investors (EI) Fund IX will invest up to €20.4 million in 18GYM, one of Romania's leading fitness chains, acquiring a minority stake.
The Romanian government has adopted an emergency ordinance for administrative reform that officially recognises what specialists have long signalled: public administration is oversized, fragmented and financially unsustainable, according to an opinion by PwC Romania experts Dinu Bumbăcea and Cristian Cortez.
The Romanian government has approved a critical emergency ordinance to maintain capped natural gas prices for household consumers
The European Commission (EC) has approved a €150 million Romanian scheme to support electricity storage, contributing to the transition towards a net-zero economy.
Romania's economy grew 0.7% in real terms in 2025 compared to 2024, though GDP fell 1.9% in Q4 compared to the previous quarter, according to provisional data published by the National Institute of Statistics (INS).