Energy | 24 March, 2025 at 10:00 AM
Simtel secures 10-year PPA for 736 GWh of electricity
Romanian engineering firm Simtel Team has announced the signing of a significant power purchase agreement (PPA).
Romanian engineering firm Simtel Team has announced the signing of a significant power purchase agreement (PPA).
Greenvolt Next has signed a 10-year power purchase agreement (PPA) with Centrul Agro Transilvania Cluj to install and maintain a 550 kW photovoltaic system.
T-Mobile Czech Republic, Slovak Telekom and CE Colo Czech Republic, all part of the Deutsche Telekom Group, have signed cross-border virtual Power Purchase Agreements (VPPAs) with Rezolv Energy.
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.