Romgaz updates deadline for Iernut power plant completion
Romanian state-owned gas company Romgaz has signed an addendum extending the financing contract for its combined cycle power plant project in Iernut until June 2027.
Romanian state-owned gas company Romgaz has signed an addendum extending the financing contract for its combined cycle power plant project in Iernut until June 2027.
A company from the PPC Romania group will construct a natural gas power plant with a capacity of approximately 100 MW on Valea Terovei, on the site of the former UCC - Uzina Cocso Chimică platform in Reșița.

Romania's annual inflation rate reached 9.6% in January 2026 compared to the same month in the previous year.
Romania's headline inflation rose to 9.6% in January 2026, a figure slightly exceeding market expectations due to a significant surge in utility costs.
Uber Eats will launch in Romania later this year as part of Uber's expansion across Europe.
The European Investment Bank (EIB) is committing €34 million for solar power expansion in Romania.
The Romanian economy is entering 2026 on a fragile footing, prompting ING analysts to significantly lower their growth expectations for the year.