Energy | 10 September, 2025 at 6:00 PM
PPC group modernises 45-year-old IRUM substation in Deva
Rețele Electrice Romania, part of the PPC group in Romania, has completed the modernisation of the 110/20kV IRUM substation in Deva.
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.
T2Y Capital, a financial investor focused on growth capital in the energy sector, is investing in Prime Batteries, making it the second-largest shareholder.
The EBRD is bolstering Romania's renewable energy sector with a €90 million loan to Engie Romania utility.
The energy price cap scheme for consumers in Romania is ending on Monday, after almost four and a half years.
Carmistin The Food Company has secured financing of approximately €500 million to continue investments in agriculture and the food industry through a partnership with a bank syndicate.
Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its ESG performance.
Fitch Ratings has affirmed its Long-Term Issuer Default Rating of BBB- with a negative outlook for Romanian state-owned nuclear power company Nuclearelectrica.
Nyerges & Partners advised Jinko Power Technology on its entry into the Romanian market through the acquisition of a 50 MW photovoltaic plant combined with a 150 MWh battery energy storage system (BESS) in Olt, southern Romania.
Griffes has leased 6,000 sqm of office space in Unirii View, one of Bucharest's Class A office buildings. Of the total space leased, 2,000 sqm represents new tenants, while three existing tenants expanded their operations.