Tag: energy (139 articles)

Energy   |   12 May, 2026 at 10:37 AM

E.ON Romania plans €120 million investment in energy solutions

E.ON Energie Romania plans to invest approximately €120 million over the next five years, primarily in developing its portfolio of energy solutions including photovoltaic systems, heat pumps, energy efficiency measures and electric mobility infrastructure.

Energy   |   30 April, 2026 at 1:30 PM

PPC blue secures EU funding for EV chargers

PPC and PPC blue Romania have secured €3.42 million in European funding through the Connecting Europe Facility (CEF) for installing fast charging stations across Romania and Greece.

Energy   |   24 April, 2026 at 12:00 PM

Rețele Electrice Romania launches €12 million grid tender

Rețele Electrice Romania, part of the PPC group, has launched a tender worth up to RON 59 million (€12 million) for secondary stations in precast concrete enclosures. The equipment will be used in investment projects between 2026 and 2030.

Energy   |   22 April, 2026 at 6:45 PM

OMV Petrom starts development of three wind projects in Romania

Energy producer OMV Petrom and RNV Infrastructure have announced that three wind projects in Romania, with a total installed capacity of approximately 300 MW, are entering the execution phase following the final investment decision. The projects hold the necessary permits, with production expected to begin in stages from H1 2027.

Energy   |   16 April, 2026 at 6:49 PM

EC probes Romanian nuclear plant aid package

The European Commission has opened an in-depth investigation into Romania's planned state support for refurbishing the Cernavoda 1 nuclear reactor, questioning whether the €3.2 billion aid package complies with EU state aid rules.

RECOMMENDED FROM THE HOME PAGE
Romanias GDP drops 1.7% in Q1 2026
Economy

Romania's GDP drops 1.7% in Q1 2026

Romania's GDP fell by 0.2% in Q1 2026 compared to the previous quarter, according to data released by the National Institute of Statistics (INS).

Industry

EIB to advise Antibiotice on governance upgrade

The European Investment Bank (EIB) will advise Antibiotice, Romania's largest pharmaceutical company with majority Romanian capital, on strengthening its corporate governance to support future growth. Under a new advisory services agreement, the EIB will work with Antibiotice to align its risk-management framework and business operations with international best practice in the pharmaceutical sector.

Real estate

Penny Romania surpasses €2 billion revenue in 2025

Penny Romania ended 2025 with revenue of RON 10.6 billion lei (€2.1 billion), marking a 12.01% increase compared to the previous year. The discount retailer opened 40 new stores, reaching 456 units nationwide, and completed its fifth logistics centre in Mihăilești, Giurgiu County.