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.
PeliPartners assisted Second Foundation in acquiring stakes in energy storage projects with a combined capacity of approximately 150 MW in southern Romania.
Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its environmental, social and governance performance. The report demonstrates the company's commitment to transparency and sustainable development in Romania's construction industry.
Fitch Ratings has affirmed its Long-Term Issuer Default Rating of BBB- with a negative outlook for Romanian state-owned nuclear power company Nuclearelectrica.
Romania's Ministry of Finance attracted almost RON 1.5 billion (€293 million) through its 11th Fidelis government bond offering of 2025, which began trading on the Bucharest Stock Exchange.
Ebury, the global fintech specialising in international payments and FX risk management, has appointed Cosmin Bucur as its new Country Manager for Romania.