OMV Petrom recorded a 13% decrease in its net profit over the first nine months of the year. Net profit fell to RON 3.4 billion (€668.4 million), while organic investments saw a 28% increase,
The Romanian mergers and acquisitions (M&A) market reached €4.2 billion in the first nine months, a 7% decrease from the same period last year.
Romanian engineering and green energy group Simtel Team has announced the signing of a significant contract valued at €43 million (excluding VAT) with Hepa Energy, owned by a lead company from Israel.
Rețele Electrice Romania, part of the PPC group in Romania, has completed the modernisation of the 110/20kV IRUM substation in Deva.
Veolia Romania has completed the acquisition of a majority stake in General Me.el Electric (GME), a specialist in electrical systems.
State-owned energy companies Electrica and Romgaz have signed a Memorandum of Understanding to jointly develop green energy projects with an installed capacity of up to 400 MW.
MET Group, the Swiss-based European energy company, has announced a significant leadership change, appointing Huibert Vigeveno as GCEO.
Energy group PPC has launched a fast-charging solution that operates on 100% renewable energy.
Romanian electricity major Electrica Group has announced a substantial increase in its financial performance for H1 2025, with a net profit reaching RON 421.4 million.
Rețele Electrice Romania has initiated a public tender on the electronic public procurement platform SEAP, with a maximum value of up to RON 465 million (€93,945,751) (excluding VAT).
The proposed takeover of E.ON Energie Romania by Hungary's state-owned MVM Group is in jeopardy after a key government committee recommended the deal be rejected.
State-owned hydroelectricity producer Hidroelectrica said its net profit decreased by 41% to RON 1.58 billion (€319.5 million) in H1 2025 versus the same period of 2024.
The Romgaz Group has reported a consolidated net profit of RON 1.67 billion (€338 million) for H1 2025 , which is 8.60% lower than the same period in 2024.
E.ON Energie Romania has seen significant growth in its energy solutions segment, exceeding 100,000 customers.
MOL Group reported a profit before tax of $236 million in the second quarter of 2025, marking a 56% year-on-year decrease. The company's performance was impacted by a slowing regional macroeconomic environment.
Greek Helleniq Energy Group has purchased two wind projects in Romania and a photovoltaic project in the Bulgarian market as part of an international expansion.
Rețele Electrice România, part of the PPC Group in Romania, has launched a public tender on the SEAP electronic public procurement platform for the purchase of power transformers.
Trina Storage, the energy storage division of Trina Solar, has teamed up with Allview, one of Romania's leading EPC contractors, to develop a Battery Energy Storage System (BESS).
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.
Romanian energy producer Romgaz Group has released its preliminary operational results for H1 2025, showing a largely stable performance compared to the same period in 2024.
Cris-Tim Family Holding, the Romanian cold cuts and ready-meals producer, successfully completed its initial public offering (IPO), raising RON 454.35 million (€89.5 million).
The tax-to-GDP ratio in Romania remains one of the lowest in the European Union, despite registering an increase in 2024, according to recent data published by Eurostat.
The Ministry of Energy acknowledged the public statement from Lukoil regarding its intention to sell its international assets.
CruiseHub, part of the Aerotravel group, has become the first travel agency in Romania to organise an expedition-type group cruise to Antarctica.
Courier firm Sameday has announced a significant investment of over €80 million in 2025, dedicated to technology, regional expansion.