Energy | 19 March, 2025 at 10:29 PM
Resi PV systems gain ground as power prices expected to grow in Romania
As Romanians brace for a potential doubling of electricity bills from July 1st due to the elimination of the energy price cap.
As Romanians brace for a potential doubling of electricity bills from July 1st due to the elimination of the energy price cap.
Romanians are increasingly interested in photovoltaic power plants, either on their own or through subsidized programs.
More and more people want to get rid of bills and be energy independent as demand for solar panels has tripled.
Romania has the capacity and all the resources to make the transition to renewable energy as quickly as possible and to become a 100% green country.
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.