Energy

Business Forum   |   5 November, 2025 at 6:08 PM

ANRE approves Transgaz's 10-year development plan

The National Energy Regulatory Authority (ANRE) has approved the National Natural Gas Transmission System (SNT) Development Plan for 2024–2033, updated for 2025.

Business Forum   |   29 October, 2025 at 6:08 PM

OMV Petrom reports 13% drop in nine-month net profit

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,

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

BT 2025 net profit up 16%

Banca Transilvania (BT) reported a consolidated net profit of RON 4.10 billion (€804.7 million) in 2025, representing a 15.96% increase compared to RON 3.53 billion.

Energy

Romgaz profit gains 4.4% in 2025

Romanian gas producer Romgaz recorded a consolidated net profit of RON 3.35 billion (€674.5 million) for the 2025 financial year.

Energy

Hidroelectrica reports 20% profit drop in 2025

State-owned power producer Hidroelectrica Group recorded a 20% fall in net profit during 2025 versus 2024 as the poor water levels significantly impacted hydropower generation and consequently the total volume of energy available for sale.