Business Forum
| 25 April, 2025 at 3:41 PM
OMV Petrom's renewable capacity exceeds 2 GW
Oil and gas major OMV Petrom has announced that its wind and photovoltaic projects in Romania have a combined capacity of 2.4 GW.
Oil and gas major OMV Petrom has announced that its wind and photovoltaic projects in Romania have a combined capacity of 2.4 GW.
The Romanian engineering company Simtel Team has announced the signing of a significant contract to finance its photovoltaic project in Giurgiu.
Electricity supplier Restart Energy One has filed a request at the Timiș Court for the initiation of a composition with creditors procedure to address temporary financial challenges.
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).