Energy | 23 January, 2026 at 8:32 AM
Premier Energy completes €128 million Hungarian wind farm deal
Premier Energy has completed its acquisition of a controlling stake in a 158 MW wind farm in Hungary.
Premier Energy has completed its acquisition of a controlling stake in a 158 MW wind farm in Hungary.
Premier Energy has acquired a 100% stake in a 200 MW battery storage system development near Iași, Romania. The ready-to-build project has a capacity of 400 MWh.
The Romanian mergers and acquisitions (M&A) market recorded 216 transactions in the first nine months (9M) of 2025, an 8.5% increase compared to the same period in 2024.
Premier Energy has announced the acquisition of a 51% stake and management control of Iberdrola Renovables Magyarország KFT, a subsidiary of Spanish energy giant Iberdrola.
Premier Energy said its normalised revenue increased by 49% year-on-year, reaching €797.5 million in H1 2025, while its normalised net profit grew by 23% year-on-year.
Romanian engineering group Simtel Team has announced the appointment of Mihai Velicu as its new Group CFO.
Premier Energy has announced its plans to acquire the remaining 25% stake in True Energy Management for €3 million.
Starting in February, natural gas supply will be managed by Premier Energy SA, while NeoGas Grid will be responsible for the distribution of natural gas within the group.
Romanian companies represent 53% of the top 5,000 companies in Romania, but figures show significant differences between the country's regions.
Raiffeisen Bank Romania ended 2025 with strong results, recording 22% growth in new clients compared to 2024.
The European Bank for Reconstruction and Development (EBRD) invested a record €955 million in 37 projects in Romania in 2025, up from €707 million for 44 projects the previous year.
Dan Timotin, General Manager of beer maker Ursus Breweries since July 2025, will leave the company at the end of February 2025, according to a company statement.
Vista Bank Romania has signed an agreement to acquire 100% of the shares in Investimental, a financial investment services company.