Romania records second-highest fuel price hike in EU during March
The EU's downward trend in transport costs ended abruptly in March 2026, with Romania emerging as one of the most heavily impacted member states.
The EU's downward trend in transport costs ended abruptly in March 2026, with Romania emerging as one of the most heavily impacted member states.
Romania's domestic energy production fell 2.1% in the first two months of 2026 compared to the same period last year, according to the National Institute of Statistics (INS).
Premier Energy has signed an agreement to acquire Distribuție Energie Oltenia (DEO) from funds managed by Macquarie Asset Management for approximately €700 million.
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.
Romania's national electricity transmission company Transelectrica is managing €51.7 million in funding from the National Recovery and Resilience Plan's (PNRR) REPowerEU component.
Oscar Downstream has appointed Silvia Ene as Chief Operating and Strategy Officer, a role designed to accelerate the company's strategic directions.
Econergy Renewable Energy has secured approximately €31 million in project financing from Kommunalkredit Austria to develop its 60 MW photovoltaic project in southeastern Romania.
Delgaz Grid, E.ON's distribution company in Romania, invested over €241 million in natural gas and electricity distribution networks last year.
PPC Renewables Romania will build a battery energy storage system (BESS) with a capacity of 60 MW / 120 MWh at the Târgușor wind farm in Constanța County.
Rețele Electrice România, the electricity distribution operator and part of the PPC group in Romania, invested approximately RON 1.4 billion (€280 million) in 2025 in modernisation and digitalisation projects across its distribution networks.
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group, has signed a 10-year virtual power purchase agreement (VPPA) with Rezolv Energy, the Actis-backed independent power producer.
Electrica's Board of Directors has approved new four-year mandates for its top executive leadership following a meeting on 27 March.
State-owned power producer Hidroelectrica achieved total investments of RON 781 million (€157 million) in 2025, up 32% compared to 2024, representing the company's best investment volume in years.
Following recent checks, Romania's Energy Ministry manages emergency oil stocks exceeding 2 million tonnes oil equivalent, according to an official statement.
Energy group PPC achieved its 2025 targets with adjusted EBITDA reaching €2 billion and adjusted net profit of €450 million, up 25% year-on-year.
Alive Capital, a green energy supplier and integrated services platform for renewable energy producers, has signed a collaboration agreement with Sieyuan Electric.
Turkish investor Yeşilyurt Enerji has successfully secured a €20 million financing package from the Netherlands-based bank YapiKredi
Israeli developer Econergy Renewable Energy has secured €31 million in project financing from Kommunalkredit for its 60MW Ovidiu solar project in Romania.
The current conflict in Iran may only have a marginal impact on the global economy, according to an opinion by stock exchange broker Investimental.
Romanian energy company Simtel Team has appointed Petre Stoian as CEO to consolidate its management structure as the group expands its operations.

Romania's Q1 of 2026 marks a shift in economic pressure from small businesses to larger companies with significant economic impact.
Premier Restaurants Romania, the operator of McDonald's restaurants in Romania, has launched a national recruitment campaign as part of its expansion plans. The company aims to create over 500 new jobs in 2026, with more than 1,400 positions planned over the next three years.
Sphera Franchise Group, Romania's largest food service group, reported consolidated sales of €75.6 million in Q1 2026, up 4.2% compared to the same period last year. Growth was driven by the return to positive performance of KFC Romania and the strong evolution of Taco Bell.
Hidroelectrica has signed a contract for the turnkey development of the Tudor Vladimirescu Photovoltaic Power Plant in Brăila County, marking a step in the company's strategy to diversify its renewable energy generation portfolio.
Banca Transilvania (BT) said its consolidated net profit reached RON 1.14 billion lei (€228 million) in Q1, representing a 30.1% increase compared to the same period last year. Total assets for the group expanded to RON 227 billion lei (€45.4 billion) as the institution neared the milestone of five million active customers.