Visual Fan inks large energy storage deal in Romania
Renewable EPC by Allview, part of Visual Fan, has signed an energy storage deal worth €16.6 million with Teiuș Solar, an affiliate of Eurowind Energy.
Renewable EPC by Allview, part of Visual Fan, has signed an energy storage deal worth €16.6 million with Teiuș Solar, an affiliate of Eurowind Energy.
Eurowind Energy, the Danish developer and operator of renewable energy projects, is investing €174.8 million in a new solar park in Vișina, Dâmbovița County.
The wind turbine installed by Eurowind Energy is the first of a total of 8 Siemens Gamesa SG 6.6-170 turbines, the largest type of wind turbine generator in Romania.
The project also includes a connection contract to the network operated by Distribuție Energie Electrică Romania, ensuring the integration into the national system.
Scheduled to become operational in 2025, the wind farm in Constanța County will incorporate a total of eight foundations corresponding to the eight turbines.
BCR recorded a net profit of RON 1.47 billion (€294 million) in H1 2025, a 12% increase from the same period last year. This performance was driven by an improved operational performance and a higher volume of customer business.
BRD-Groupe Société Générale has announced the appointment of Jean Pierre Georges Vigroux, an independent Board Member, as the Interim Chairman of its Board of Directors.
OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.
The Romanian Ministry of Finance is conducting a new IPO for Fidelis government bonds, specifically for retail investors.
Bucharest recorded 8,639 insolvency cases between August 2024 and July 2025, which is a 32% increase compared to the previous 12-month period.