MOL Group disclosed its financial results for 2025, showing profit before tax of $1.3 billion, representing an 11% decrease compared to 2024. The Hungarian energy company faced a challenging macroeconomic environment, but strong downstream and consumer services results supported overall profitability.
Nearly two-thirds (62%) of Romanian business leaders anticipate increased threats to their companies in 2026, yet over four in five (85%) remain optimistic about growth prospects for their organisations, according study by Grayling among top executives from IT, finance, energy, retail, health and media sectors.
Visual Fan, through its renewable energy division Allview Energy, has completed construction and installation work for a 46 MWp photovoltaic power plant in Țăndărei, Ialomița County.
OMV Petrom will construct a photovoltaic park at its Petrobrazi refinery in Romania.
Shareholders of state-owned nuclear power producer Nuclearelectrica have approved the final investment decision for the Small Modular Reactor (SMR) project at Doicești.
State-owned hydroelectricity producer Hidroelectrica has published its preliminary operational results for 2025.
The Romanian Ministry of Energy has initiated a draft government decision to place all local entities owned by the Russian group Lukoil under extended supervision.
Mass Global Energy Rom has announced a new strategic investment of approximately €1 billion in Battery Energy Storage System (BESS) capacities.
Romanian grid power operator Transelectrica has signed a Memorandum of Understanding with Georgian State Electrosystem JSC (GSE) to develop the Georgia-Romania Interconnection Project, a submarine cable in the Black Sea.
Romanian drilling company Foraj Sonde Videle has secured a framework contract worth approximately €132 million from Dalkia France, part of the EDF Group, for geothermal drilling services over three years.
Oil major OMV Petrom closed 2025 with a net profit of approximately €620 million, down 27% compared to the previous year.
The Black Sea Energy Cooperation Association (Besca) has begun operations in Romania as a platform for collaboration among investors, developers, and experts involved in renewable energy projects across the Black Sea region.
Bulgarian Energy Holding (BEH) has entered the Han Asparuh offshore exploration joint venture in the Bulgarian Black Sea with a 10% interest.
Romania's final electricity consumption fell by 0.7% in the first 11 months of 2025 compared to the same period in 2024, according to data published by the National Institute of Statistics (INS).
Romania's industrial production fell 1.1% as a gross series and 0.5% as a seasonally adjusted series in the first 11 months of the year compared to the same period in 2024, according to the National Institute of Statistics (INS).
OMV Petrom has released its trading update for Q4 2025, revealing a period defined by improved refining performance and strategic adjustments following the extension of production licenses.
Romania's Energy Minister Bogdan Ivan announced that discussions with operators about removing gas price caps began in September to prepare multiple scenarios and prevent sudden price increases after March 31 2026.
Romanian state-owned gas company Romgaz has signed an addendum extending the financing contract for its combined cycle power plant project in Iernut until June 2027.
A company from the PPC Romania group will construct a natural gas power plant with a capacity of approximately 100 MW on Valea Terovei, on the site of the former UCC - Uzina Cocso Chimică platform in Reșița.
PeliPartners assisted Second Foundation in acquiring stakes in energy storage projects with a combined capacity of approximately 150 MW in southern Romania.
State-owned power producer Hidroelectrica has signed a turnkey contract for the project.
Romanian producer Aeta, former Electroargeș, has terminated its contract with Beko Romania following a commercial dispute over pricing adjustments for 2025 and 2026.
Bozankaya, a manufacturer of electric vehicles and urban transport solutions, has signed a new contract with Timișoara City Hall for the production of 10 trams for the city's public transport system.
YESS Power, the energy storage brand of Topkapı Endüstri, has delivered a 30MW/60MWh Battery Energy Storage System (BESS) at Mey Energy's 55 MW Novaci solar power plant in North Macedonia.
MOL Group disclosed its financial results for 2025, showing profit before tax of $1.3 billion, representing an 11% decrease compared to 2024. The Hungarian energy company faced a challenging macroeconomic environment, but strong downstream and consumer services results supported overall profitability.