Romanian hydroelectricity producer Hidroelectrica has selected the contractor for the overhaul of three pumping stations in the country.
This strategic agreement is part of TenneT's efforts to modernize the Dutch energy infrastructure, with the aim of increasing the capacity of the electricity grid by at least 30%.
Construction of the project began in May 2024 and is planned to be completed by the end of 2025.
Premier Energy has signed an agreement to acquire Distribuție Energie Oltenia (DEO) from funds managed by Macquarie Asset Management for approximately €700 million.
Romania's domestic energy production fell 2.1% in the first two months of 2026 compared to the same period last year, according to the National Institute of Statistics (INS).
Grup Șerban Holding announced that its subsidiary Interagroaliment has filed for insolvency proceedings on April 15, 2026, due to financial difficulties.
The EU employment rate reached over 76% in 2025, but Romania remains among member states with the lowest employment rates, according to data published by Eurostat on Friday.
The European Commission has opened an in-depth investigation into Romania's planned state support for refurbishing the Cernavoda 1 nuclear reactor, questioning whether the €3.2 billion aid package complies with EU state aid rules.