Energy | 23 September, 2025 at 5:31 PM
Hidroelectrica begins search for new leadership
Hidroelectrica's Supervisory Board has initiated the selection and appointment process for a new CEO and CFO.
Hidroelectrica's Supervisory Board has initiated the selection and appointment process for a new CEO and CFO.
Karoly Borbely, Chairman of the Management Board and CEO, and Marian Fetiţa, Member of the Management Board and CFO, have mutually agreed to exit Hidroelectrica.
Hidroelectrica has selected Waldevar Energy to implement a pioneering renewable energy initiative poised to become the largest floating photovoltaic (FPV) system.
State-owned gas producer Romgaz concluded the subscription process for its second issue of bonds under the Euro Medium Term Notes Program (EMTN Programme) on October 28.
State-owned hydroelectricity producer Hidroelectrica reported a significant 23% drop in net electricity production for the nine months of 2025, compared to the same period in 2024.
OMV Petrom recorded a 13% decrease in its net profit over the first nine months of the year. Net profit fell to RON 3.4 billion (€668.4 million), while organic investments saw a 28% increase,
Nusco Imobiliara has listed its first corporate bond issue on the Multilateral Trading System (SMT) of the BVB.
BT shareholders approved on Tuesday the distribution of additional dividends totaling RON 700 million (approximately €140 million).