Energy

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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Industry

Bozankaya to supply 10 more trams in Timișoara

Bozankaya, a manufacturer of electric vehicles and urban transport solutions, has signed a new contract with Timișoara City Hall for the production of 10 trams for the city's public transport system.

Energy

MOL Group reports 11% drop in pre-tax profit during 2025

MOL Group disclosed its financial results for 2025, showing profit before tax of $1.3 billion, representing an 11% decrease compared to 2024. The Hungarian energy company faced a challenging macroeconomic environment, but strong downstream and consumer services results supported overall profitability.