Romania sees lower oil production, higher imports at the start of 2025
Romania produced 219,000 tonnes of oil equivalent (toe) in January 2025, down 4.5% compared to the same period of the previous year.
Romania produced 219,000 tonnes of oil equivalent (toe) in January 2025, down 4.5% compared to the same period of the previous year.
Rețele Electrice Romania, part of PPC group of companies, will reach 2 million installed smart meters.
Romania's usable gas production in January 2025 was 661,700 tonnes of oil equivalent (toe), a decrease of 300 toe compared to the same period last year.
Romania is making gains expanding its renewable energy capacity, recording an increase in the number of projects that are fully permitted for development.
A recent study has revealed that energy efficiency investments remain out of reach for many Romanian households.
The projects covered by this agreement are already under construction and are expected to be completed in the first quarter of 2026.
AI agent usage is rising, with 25% of organizations using Gen AI expected to deploy it by 2025, increasing to 50% by 2027.
Romania continues the implementation of major projects, such as gas exploitation in Neptun Deep and Caragele, and the development of the Romanian civil nuclear program.
Through its new business line, Simtel offers integrated solutions tailored to the specific needs of each client.
Validation of near-term and long-term science-based greenhouse gas emission reduction targets to reach net-zero by 2040.
New report finds $115 trillion in power-sector investment needed for net-zero goals and guides energy providers on how to drive an equitable transition for consumers and themselves.
The total value of the tender is almost RON 70 million, while the value of the project is RON 74 million, of which RON 57.7 million will be provided by the Modernization Fund.
Romanian energy, utility and financial companies, listed on the Main Market, represent approximately 58% of the regulated market capitalization.
The latest review of the Energy Performance of Buildings Directive sets ambitious objectives to reduce global consumption of energy of the EU buildings.
PPC group of companies in Romania has started its first image campaign, thus marking the transition to the new brand identity.
Ministry of Energy launched on 14 March 2024 under public consultation the draft for the Government Decision and the CfD template agreement.
Simtel Team announces the signing of three contracts for the energy supply through GES Furnizare SRL (GES), an entity in which Simtel holds a 62% stake.
The gross dividend proposed to be distributed from the individual profit is RON 0.1178 per share, and the total gross value of the dividends is RON 40 million.
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.