Oil major OMV Petrom has delivered the first electrolyser module for green hydrogen production at its Petrobrazi refinery, marking progress in the 20 MW green hydrogen project.
Oil major OMV Petrom has completed a €20 million investment at the Petrobrazi refinery to modernise wastewater treatment systems.
OMV Petrom will construct a photovoltaic park at its Petrobrazi refinery in Romania.
The Romanian Minister of Energy, Bogdan Ivan, said that the country's supply of fuels is stable and continuous, despite OMV Petrom's issues.
With the €750 million investment, OMV Petrom integrates the production of sustainable fuels at Petrobrazi together with two green hydrogen units.
OMV Petrom is building a facility for the production of sustainable aviation fuels (SAF) and renewable diesel (HVO[1]) and two facilities for the production of green hydrogen.
Romanian energy giant Hidroelectrica recorded a net profit of €263 million in the first quarter of 2026, marking a 122% increase compared to same period last year, according to a report submitted to the BVB.
Romania's central bank has decided to maintain its key policy interest rate at 6.5% per year, following a meeting of the National Bank of Romania's (BNR) board of directors on Friday.
Digi Communications reported consolidated revenues of €583 million in Q1 2026, a 10% year-on-year increase. At the same time, adjusted EBITDA (excluding IFRS 16 impact) reached €161.2 million, up 15% compared to Q1 2025.
Romania's central bank announced on Friday that annual inflation will rise above previously forecast levels in Q2 2026, but will experience a substantial downward correction in Q3.
Uber Technologies announced new products and features at its annual Go-Get product event, including hotel bookings and travel tools that are planned to roll out globally in the coming months.