Romgaz posts 8.6% profit fall in H1 2025 over higher costs
The Romgaz Group has reported a consolidated net profit of RON 1.67 billion (€338 million) for H1 2025 , which is 8.60% lower than the same period in 2024.
The Romgaz Group has reported a consolidated net profit of RON 1.67 billion (€338 million) for H1 2025 , which is 8.60% lower than the same period in 2024.
DRI, the EU renewables arm of DTEK, has secured a €60 million equivalent loan from UniCredit and Garanti BBVA to finance the construction of the Văcărești solar park in Romania.
Romanian engineering group Simtel Team has announced the signing of a major contract with Verbund Wind Power Romania, a subsidiary of the Verbund Group.
State-owned nuclear power producer Nuclearelectrica has provided an update on the progress of its Small Modular Reactors (SMR) project at Doicești.
MOL Group reported a profit before tax of $236 million in the second quarter of 2025, marking a 56% year-on-year decrease. The company's performance was impacted by a slowing regional macroeconomic environment.
Greek Helleniq Energy Group has purchased two wind projects in Romania and a photovoltaic project in the Bulgarian market as part of an international expansion.
A new wind project, with a total capacity of over 250 MW and an estimated value exceeding €400 million, was announced by Marian Pavel, the President of the Ialomița County Council.
MOL Group continues to diversify its oil supply sources by importing 85,000 tonnes of CPC oil and signing a commercial agreement with KazMunayGas (KMG).
The Romanian Minister of Energy, Bogdan Ivan, said that the country's supply of fuels is stable and continuous, despite OMV Petrom's issues.
The Bosch Group has finalized the largest acquisition in its history, acquiring the HVAC business from Johnson Controls.
Rețele Electrice România, part of the PPC Group in Romania, has launched a public tender on the SEAP electronic public procurement platform for the purchase of power transformers.
Trina Storage, the energy storage division of Trina Solar, has teamed up with Allview, one of Romania's leading EPC contractors, to develop a Battery Energy Storage System (BESS).
OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.
Romanian energy producer Romgaz Group has released its preliminary operational results for H1 2025, showing a largely stable performance compared to the same period in 2024.
T2Y Capital, a financial investor focused on growth capital in the energy sector, is investing in Prime Batteries, making it the second-largest shareholder.
Renewable EPC by Allview, part of Visual Fan, has signed an energy storage deal worth €16.6 million with Teiuș Solar, an affiliate of Eurowind Energy.
The INVL Renewable Energy Fund I has secured a new €29.3 million loan agreement with Kommunalkredit Austria for the construction of photovoltaic projects.
PPC blue will significantly expand the electric vehicle (EV) charging infrastructure in Romania and Greece, utilizing European Union funds.
State-owned nuclear power producer Nuclearelectrica aims to obtain financing totaling €620 million for two pivotal projects at the Cernavodă Nuclear Power Plant.
PPC Energie has announced significant growth in the adoption of its digital services, with over half of its approximately 3 million customers now actively using the myPPC application.
French VINCI Energies has signed an agreement to acquire the Romanian group EnergoBit, specialized in electrical infrastructure.
Romanian engineering group Simtel Team has announced the acquisition of SMTL Solar Bughea, a company previously owned by Sergiu-Eugen Bazarciuc, one of the key shareholders of Simtel, for RON 32.2 million (€6.5 million)
Enexus, a provider of integrated EPC services for photovoltaic projects, has announced the signing of a contract for a 20 MWp photovoltaic power plant.
Nova Power & Gas, a local energy company part of the E-INFRA group, has confirmed its investment in the largest battery energy storage facility in Romania.

The European Investment Bank (EIB) reveals that 78% of Romanian firms invested in the past year, up from previous editions but still below the EU average of 86%.
More than half of households globally (57%) are worried about annual broadband price increases and think these increases are unfair and unreasonable (60%), according to the latest EY decoding the digital home study.
Romanian employees are among the least likely to use artificial intelligence at work, with only 44% reporting AI usage in the past year compared to a global average of 57%, according to a PwC survey.
Romania's air passenger traffic increased by 8.2% in the first nine months of 2025 compared to the same period in 2024, rising from 19.8 million to 21.4 million passengers, according to data from the National Institute of Statistics.
Ker Toki Power (Toki Power), the energy trading division of the Vienna-based renewables and e-mobility investment group Renalfa Solarpro Group (Renalfa)...