Energy | 11 June, 2024 at 1:47 PM
JT Grup Oil successfully closes the initial public offering
The fuel supplier ran, between May 28 and June 10, an IPO through which it attracted RON 20 million.
The fuel supplier ran, between May 28 and June 10, an IPO through which it attracted RON 20 million.
OMV Petrom and Romgaz have started construction of the offshore pipeline for the Neptun Deep project, marking progress in Romania's largest natural gas development. The 160-km pipeline will transport gas from offshore production platforms to shore.
DHL Supply Chain and Pepco have extended their collaboration to strengthen distribution operations across Europe. The expanded partnership aims to ensure product availability, reduce delivery lead times, and enhance network performance for Pepco's growing store footprint.
The Romanian Wind Energy Association (RWEA) and the Romanian Photovoltaic Industry Association (RPIA) warn that proposed changes to the Grid Connection Regulation could increase energy prices and create economic ripple effects, including job losses and reduced local budget revenues due to slower investment in new production capacity.
The Romanian leu depreciated on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1417, up 0.8% from the previous rate, recording a new historic low for the local currency.
BCR Group recorded a net profit of €118 million in Q1 2026, down 21% versus the same period of last year.