Business Forum
| 13 May, 2025 at 7:03 AM
The Ministry of Energy has launched the second auction within the state aid scheme in the form of Contracts for Difference (CfD) to support the production of electricity from wind and photovoltaic projects.
Business Forum
| 12 May, 2025 at 7:10 PM
OMV Petrom is expanding its electric mobility infrastructure by adding rapid charging services for electric trucks, with 400 kW charging stations in its network.
Business Forum
| 9 May, 2025 at 3:00 PM
MOL Group has recorded a pre-tax profit of $546 million, marking a 23% increase compared to the same period last year.
Business Forum
| 9 May, 2025 at 9:44 AM
Hidroelectrica has announced the signing of a contract for the development of a photovoltaic project at its power plants on the middle and lower sections of the Olt River.
Business Forum
| 7 May, 2025 at 5:00 PM
The European Commission has issued a reasoned opinion to Romania, urging the country to remove restrictions on gas producers' ability to determine wholesale prices.
Business Forum
| 7 May, 2025 at 9:37 AM
A surge in business energy demand is reshaping the global energy landscape, compelling energy providers to reconsider their strategies for supporting growth and delivering value.
Business Forum
| 6 May, 2025 at 4:30 PM
Romania and Turkey have signed their first memorandum in the energy field to improve energy security, renewable energy investments, and enhance regional infrastructure.
Business Forum
| 2 May, 2025 at 5:35 PM
Electrica has signed a syndicated loan agreement worth RON 3.1 billion (€620 million), in a deal coordinated by BT and BCR, with Raiffeisen Bank acting as Sustainability Agent.
Business Forum
| 30 April, 2025 at 6:05 PM
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Business Forum
| 29 April, 2025 at 5:07 PM
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.
Business Forum
| 28 April, 2025 at 4:55 PM
Romania's Energy Minister Sebastian Burduja said, “our national energy system is operating without any issues,” in response to the massive power outages reported in Spain and Portugal.
Business Forum
| 25 April, 2025 at 3:41 PM
Oil and gas major OMV Petrom has announced that its wind and photovoltaic projects in Romania have a combined capacity of 2.4 GW.
Business Forum
| 22 April, 2025 at 12:00 PM
The Romanian engineering company Simtel Team has announced the signing of a significant contract to finance its photovoltaic project in Giurgiu.
Business Forum
| 17 April, 2025 at 7:11 PM
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.
Business Forum
| 17 April, 2025 at 11:01 AM
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,
Business Forum
| 17 April, 2025 at 7:04 AM
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
Business Forum
| 11 April, 2025 at 11:36 AM
Nofar Energy, a renewable energy investor listed on the Tel Aviv Stock Exchange, has signed an EPC turnkey and O&M contract for a 265 MW photovoltaic power plant in Corbii Mari.
Business Forum
| 10 April, 2025 at 8:00 PM
Premier Energy has announced its plans to acquire the remaining 25% stake in True Energy Management for €3 million.
Business Forum
| 9 April, 2025 at 2:02 PM
Verbund Wind Power Romania, part of Austrian energy group Verbund, has acquired a fully developed wind project from local renewable energy producer Monsson.
Business Forum
| 7 April, 2025 at 4:00 PM
Green energy producer Hidroelectrica has announced that a consortium comprising Prime Batteries Technology and Enevo Group will implement a Li-ion battery storage facility at its Crucea Nord wind farm.
Business Forum
| 2 April, 2025 at 7:00 PM
The Environmental Fund Administration (AFM) released a new list on Wednesday, featuring 10,418 applications approved under the Green Photovoltaic Homes Program.
Business Forum
| 28 March, 2025 at 9:19 AM
Electrica saw a net profit of RON 376.5 million (€75.5 million) in 2024, down 39.3% compared to 2023, while its operating revenues totaled RON 10.87 billion (€2.1 billion).
Business Forum
| 28 March, 2025 at 6:46 AM
The Romanian government has approved a new state aid scheme with a total budget of RON 578 million (up to €150 million) to assist large energy consumers in Romania.
Business Forum
| 27 March, 2025 at 5:27 PM
Distribuție Energie Oltenia (DEO), the electricity distribution company part of Evryo Group, has signed a large scale syndicated loan.