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.
Norofert, the Romanian producer of organic agricultural inputs and biotechnology provider, has started a share capital increase to raise up to RON 9 million (€1.8 million) following approval from the Financial Supervisory Authority.
Romania recorded the lowest rate of generative artificial intelligence (AI) adoption among young people in the European Union in 2025, according to data released by Eurostat.
Romania's trade deficit decreased by €673 million to €32.7 billion in 2025, representing a 2% improvement compared to 2024, according to data published by the National Institute of Statistics (INS).
Romania's Ministry of Finance has announced the adoption of a Formal Opinion by the Organisation for Economic Co-operation and Development (OECD) Committee on Fiscal Affairs, following the country's evaluation as part of its accession process to the OECD.
Banca de Investiții și Dezvoltare (BID) has signed 18 guarantee agreements with financial intermediaries in Romania.