Veolia, the joint owner of Apa Nova București, the operator of the water infrastructure in Bucharest, says it has no plans to take over hydroelectric power producer Hidroelectrica.
ELBI Group, comprising ELBI Electric & Lighting and ELBI Energy Projects, announced a consolidated turnover of approximately RON 556 million (€111.7 million) for 2024.
Energy bills for households will increase once the price capping scheme is scrapped in July, finds a new study by the Energy Policy Group (EPG).
The Board of the National Bank of Romania (NBR) decided on Friday to maintain the key interest rate at 6.50%.
Enexus, an integrated EPC company specializing in mid- to large-scale solar and storage projects, has announced a turnover of approximately €23 million.
The Ministry of Energy has launched the second auction within the state aid scheme in the form of Contracts for Difference (CfD) to support the production of electricity from wind and photovoltaic projects.
MOL Group has recorded a pre-tax profit of $546 million, marking a 23% increase compared to the same period last year.
A surge in business energy demand is reshaping the global energy landscape, compelling energy providers to reconsider their strategies for supporting growth and delivering value.
Romania and Turkey have signed their first memorandum in the energy field to improve energy security, renewable energy investments, and enhance regional infrastructure.
Romania's Energy Minister Sebastian Burduja said, “our national energy system is operating without any issues,” in response to the massive power outages reported in Spain and Portugal.
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
State-owned gas producer Romgaz has appointed Dumitru Chisăliță as the new Chairman of the Board of Directors.
Premier Energy has announced its plans to acquire the remaining 25% stake in True Energy Management for €3 million.
Seamless pipes maker TenarisSilcotub has announced the completion of its first renewable energy production.
The Environmental Fund Administration (AFM) released a new list on Wednesday, featuring 10,418 applications approved under the Green Photovoltaic Homes Program.
Electrica saw a net profit of RON 376.5 million (€75.5 million) in 2024, down 39.3% compared to 2023, while its operating revenues totaled RON 10.87 billion (€2.1 billion).
The Romanian government has approved a new state aid scheme with a total budget of RON 578 million (up to €150 million) to assist large energy consumers in Romania.
Distribuție Energie Oltenia (DEO), the electricity distribution company part of Evryo Group, has signed a large scale syndicated loan.
OMV Petrom and state-owned gas producer Romgaz have announced the initiation of drilling for the first gas production well in the Neptun Deep project.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.