Energy

Business Forum   |   26 June, 2025 at 8:01 AM

Hidroelectrica to roll out pilot floating PV system

Hidroelectrica, Romania's largest green energy producer, announced the awarding of the turnkey contract for the Nufărul Pilot Project floating photovoltaic panel system.

Business Forum   |   17 June, 2025 at 10:11 AM

EU funding awarded for two solar projects in Romania

Two financing contracts, totalling RON 233 million (€46.7 million), for local green energy production have been signed, announced the Minister of Energy, Sebastian Burduja.

Business Forum   |   13 June, 2025 at 10:52 AM

EDP reaches 570 MW of renewable capacities in Romania

EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.

Business Forum   |   4 June, 2025 at 9:56 AM

Veolia says it has no plan to acquire Hidroelectrica

Veolia, the joint owner of Apa Nova București, the operator of the water infrastructure in Bucharest, says it has no plans to take over hydroelectric power producer Hidroelectrica.

Business Forum   |   3 June, 2025 at 2:13 PM

ELBI Group aims for 10% turnover growth in 2025

ELBI Group, comprising ELBI Electric & Lighting and ELBI Energy Projects, announced a consolidated turnover of approximately RON 556 million (€111.7 million) for 2024.

Business Forum   |   28 May, 2025 at 7:09 PM

Electrica Group profit soars over 50% in Q1 2025

Electrica Group recorded a net profit of 53.2% during Q1 2025 to RON 195.7 million (€39.3 million), while the operational revenues grew by 23.6% to RON 3.2 billion (€638.2 million).

Business Forum   |   20 May, 2025 at 6:01 PM

Romania aims to reach 3 GW in offshore wind

Romania's Ministry of Energy is aiming to commission a study on the potential of offshore wind projects in the Black Sea and is looking to receive feedback from the industry.

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Finance

EBRD investment in Romania hits record in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €955 million in 37 projects in Romania in 2025, up from €707 million for 44 projects the previous year.

Industry

Ursus Breweries GM to step down next month

Dan Timotin, General Manager of beer maker Ursus Breweries since July 2025, will leave the company at the end of February 2025, according to a company statement.