Two financing contracts, totalling RON 233 million (€46.7 million), for local green energy production have been signed, announced the Minister of Energy, Sebastian Burduja.
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.
LONGi Solar Technology has announced a significant strategic partnership with Enexus, an investor-focused EPC company.
DRUID AI, the developer of an enterprise AI platform, has secured a $31 million Series C financing round to propel the global expansion of its agentic platform.
Despite significant market volatility, a new report by law firm CMS reveals that half of European dealmakers anticipate an increase in M&A activity over the next 12 months.
PPC Energie, the electricity supplier with approximately three million customers, has announced its expansion into the retail sector, becoming the first energy company to...
Premier Restaurants Romania, the operator of McDonald's in Romania, has reached a new milestone with the opening of its 110th restaurant, reaching a total headcount of over 7,000.