MOL Group Profit before tax reached $382 million in the first quarter of 2024, 18% and 29% lower quarter-on-quarter and year-on-year.
53% of customers served by Retele Electrice Muntenia, 50% of those in Banat and 59% of those in Dobrogea will have smart meters by the end of the year.
Saint-Gobain Romania and OMV Petrom sign an agreement for the purchase of electricity from renewable sources for all Saint-Gobain facilities at local level.
The Urleasca wind farm is expected to make a significant contribution to Romania's renewable energy goals, with generation capacity of 292 GWh per year.
CMS has advised global energy company Iberdrola on the agreement to sell Eolica Dobrogea One wind company, their Romanian 80MW wind energy production facility.
Schoenherr Romania successfully assisted Societatea Energetica Electrica in winning a long-term administrative contentious litigation case, with a stake worth €46 million.
Econergy has announced that its 92MW solar park in Parau, Romania, has started commercial operations.
The electric mobility company within the PPC group of companies in Romania adopts a new brand identity – PPC blue.
Greenvolt Group, a leading international operator in the renewable energy market through multiple technologies, enters the Romanian market in the Distributed Generation segment.
MOL produces 1600 tonnes of green hydrogen per year using electricity from renewable sources.
PPC group of companies in Romania has started its first image campaign, thus marking the transition to the new brand identity.
Nova Power & Gas salutes the successful conclusion of the IAEA Site Evaluation and External Events Design (SEED) Mission carried out by IAEA team of experts,
The capacity is part of the first hybrid photovoltaic-wind-battery project, installed at the existing operational 50 MW project.
Romania has the capacity and all the resources to make the transition to renewable energy as quickly as possible and to become a 100% green country.
Expert reports estimate 49% growth for emerging DataCenter markets in Europe, which includes Romania.
Located in Tulcea, the wind farm generates more than 200 GWh of electricity per year.
Ministry of Energy launched on 14 March 2024 under public consultation the draft for the Government Decision and the CfD template agreement.
Midia Marine Terminal exceeded the threshold of 700 vessels operated at the offshore marine terminal, located 8.6 km off the Black Sea.
The works will consist in making loops on medium voltage lines, supplied from the 110/20/10 kV Fratelia and Cetate transformer stations in the Timișoara area.
Simtel Team announces the signing of three contracts for the energy supply through GES Furnizare SRL (GES), an entity in which Simtel holds a 62% stake.
TeiuS Solar, part of the Eurowind Energy group, a Danish developer and operator of wind, solar and hybrid projects, announces the launch of the Teius Photovoltaic Park project.
The gross dividend proposed to be distributed from the individual profit is RON 0.1178 per share, and the total gross value of the dividends is RON 40 million.
Simtel Team announces the complete takeover of Oasis Green Energy 3, a project company developing a photovoltaic park in Salonta, Bihor County.
Rompetrol Rafinare, recorded, in 2023, a decrease in financial indicators, on the background of the volatility of international quotations for crude oil and refined products.
Turkish land systems manufacturer Otokar has entered into a joint venture (JV) agreement with Romanian defense company Automecanica to manufacture Otokar Cobra II 4x4.
Bolt Food, the food delivery arm of the ride-sharing platform Bolt, has appointed Alexandra Dinovici as the new General Manager for its local operations.
Premier Restaurants Romania, the operator of McDonald's restaurants in the country, announced a turnover of over RON 2 billion (€401 million) in 2024.
The Macroeconomic Confidence Index, compiled by the CFA Romania Association, has shown a modest increase in March 2025, rising by 7.3 points to 43.9 points.
Chinese car maker Chery has officially announced its entry into the Romanian market through a partnership agreement with Auto Italia Group, part of the Samelet Group.