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.
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.
Romania's National Energy Regulatory Authority (ANRE) has granted the establishment authorization for the upstream supply pipelines essential for natural gas production.
Oil major OMV Petrom and NewMed Energy Balkan have signed a rig contract for drilling two offshore exploration wells in the Bulgarian Black Sea.
Actis-backed Rezolv Energy, through its project subsidiary First Look Solutions, has secured incremental project finance facilities of up to €331 million.
Hidroelectrica has selected Waldevar Energy to implement a pioneering renewable energy initiative poised to become the largest floating photovoltaic (FPV) system.
The EBRD is bolstering Romania's renewable energy sector with a €90 million loan to Engie Romania utility.
The Romanian Competition Council is currently reviewing the acquisition of three energy companies by the Romanian company Energy Distribution Services.
Delgaz Grid, the energy distribution company part of German E.ON Group, has launched Delia, an AI-powered virtual assistant.
Gebrüder Weiss Romania, the supplier of transport and logistics services, has announced the completion of a new photovoltaic system installation.
Power company Electrica has announced that its green bond issue worth €500 million will start trading on the Luxembourg Stock Exchange.
E.ON Drive Infrastructure has officially inaugurated Romania's largest EV charging hub, located within the Vivo! Commercial Complex in Pitești.
Visual Fan has signed a major contract worth approximately €9.2 million with Renovatio Trading.
OMV Petrom recorded a hydrocarbon production of 102,200 barrels of oil equivalent (boe) per day in Q2 2025.

Romania's economy delivered a mild upside surprise in the third quarter, with flash estimates pointing to 1.6% annual growth, above expectations. However, the economy still contracted by 0.2% versus the previous quarter. After nine months of 2025, the economy is 0.8% above the same period of 2024, according to a report by ING Bank Romania.
MedLife, Romania's largest private healthcare network, announced financial results for the first nine months of 2025. The group recorded consolidated pro-forma revenue of over RON 2.36 billion (€464 million), up 19.5% compared to the same period in 2024. EBITDA pro-forma increased by 20.4% compared to the first nine months of last year.
The Romanian Investment and Development Bank (BID) has committed €20 million to the Three Seas Initiative Innovation Fund, becoming the fifth national promotional institution to support the EIF-led investment vehicle targeting growth-stage companies across Central and Eastern Europe.
Digi Communications has announced its Q3 2025 financial results, showing consolidated revenues of €561 million, up 14% compared to the same period last year. The telecom company achieved total revenues of €1.643 billion for the first nine months of 2025, representing a 16% increase year-on-year.
BT and BT Investments have received approval from the Financial Supervisory Authority to acquire BRD Pensii and the BRD mandatory private pension fund (pillar 2).