Energy

Business Forum   |   5 February, 2026 at 1:14 PM

Romania and Georgia advance with Black Sea power cable project

Romanian grid power operator Transelectrica has signed a Memorandum of Understanding with Georgian State Electrosystem JSC (GSE) to develop the Georgia-Romania Interconnection Project, a submarine cable in the Black Sea.

Business Forum   |   4 February, 2026 at 11:14 AM

Foraj Sonde inks large contract with EDF group firm

Romanian drilling company Foraj Sonde Videle has secured a framework contract worth approximately €132 million from Dalkia France, part of the EDF Group, for geothermal drilling services over three years.

Business Forum   |   4 February, 2026 at 9:27 AM

OMV Petrom profit drops 27% in 2025

Oil major OMV Petrom closed 2025 with a net profit of approximately €620 million, down 27% compared to the previous year.

Business Forum   |   27 January, 2026 at 5:57 PM

Hidroelectrica shares hit record high

Shares of state-owned power producer Hidroelectrica reached a new historic high of RON 138.40 (€27.17) on 27 January 2026, marking the highest level since the company's listing on the Bucharest Stock Exchange on 12 July 2023.

Business Forum   |   21 January, 2026 at 7:00 PM

Besca launches in Romania for Black Sea energy cooperation

The Black Sea Energy Cooperation Association (Besca) has begun operations in Romania as a platform for collaboration among investors, developers, and experts involved in renewable energy projects across the Black Sea region.

Business Forum   |   19 January, 2026 at 3:30 PM

Rompetrol completes major cogeneration plant in Romania

The Kazakh-Romanian Energy Investment Fund (Kreif), through its subsidiary Rompetrol Energy, has completed commissioning of the cogeneration plant on the Petromidia Năvodari platform.

Business Forum   |   19 January, 2026 at 10:14 AM

CCE sells major solar project in Romania

CMS has advised CCE on the sale of Horia Solar Invest Two, a special purpose vehicle developing a 269.227 MW (AC)/ 293.260 MWp solar project spanning more than 349 hectares in Arad County (Horia 2), to Renalfa Solarpro Group.

Business Forum   |   15 January, 2026 at 2:18 PM

OMV Petrom sees lower hydrocarbon production in Q4 2025

OMV Petrom has released its trading update for Q4 2025, revealing a period defined by improved refining performance and strategic adjustments following the extension of production licenses.

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Romanias deficit drops by more than half in first four months
Finance

Romania's deficit drops by more than half in first four months

Romania's consolidated general budget execution for the first four months of 2026 ended with a significantly reduced deficit of RON 23.95 billion (€4.79 billion), representing 1.17% of GDP, compared to a deficit of 2.92% of GDP recorded in the same period of 2025.

Economy

McDonald's plans to create over 500 new jobs in Romania this year

Premier Restaurants Romania, the operator of McDonald's restaurants in Romania, has launched a national recruitment campaign as part of its expansion plans. The company aims to create over 500 new jobs in 2026, with more than 1,400 positions planned over the next three years.