Energy

Business Forum   |   12 August, 2025 at 11:00 AM

Simtel Team signs solar park deal with Verbund

Romanian engineering group Simtel Team has announced the signing of a major contract with Verbund Wind Power Romania, a subsidiary of the Verbund Group.

Business Forum   |   31 July, 2025 at 3:05 PM

Trina Storage enters Romanian energy market

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).

Business Forum   |   31 July, 2025 at 1:18 PM

OMV Petrom sees 21% profit dip in H1 2025

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.

Business Forum   |   29 July, 2025 at 5:00 PM

T2Y Capital invests in Romanian Prime Batteries

T2Y Capital, a financial investor focused on growth capital in the energy sector, is investing in Prime Batteries, making it the second-largest shareholder.

Business Forum   |   25 July, 2025 at 3:22 PM

PPC sees 15% gain in digital invoicing in Romania

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.

Business Forum   |   25 July, 2025 at 8:04 AM

VINCI Energies to acquire EnergoBit

French VINCI Energies has signed an agreement to acquire the Romanian group EnergoBit, specialized in electrical infrastructure.

Business Forum   |   24 July, 2025 at 2:08 PM

Simtel Team acquires ready-to-build solar project in Romania

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)

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Energy

EBRD backs solar plants in Romania with €192 million package

The European Bank for Reconstruction and Development (EBRD) is supporting Romania's energy security by arranging a €192 million financing package for three new solar power plants of Nofar Energy, with a total installed capacity of 531 MW in south-eastern Romania.

Economy

Romania's budget deficit drops to 5.72% on 10 months

Romania's consolidated general budget recorded a deficit of €21.8 billion (RON 108.87 billion) in the first ten months of 2025, representing 5.72% of GDP. This marks a decrease of €110 million compared to the same period in 2024, when the deficit stood at 6.22% of GDP.