Energy | 20 February, 2026 at 1:00 PM
Hidroelectrica signs €4.9 million solar park contract
State-owned power producer Hidroelectrica has signed a turnkey contract for the project.
State-owned power producer Hidroelectrica has signed a turnkey contract for the project.
The Simtel Group recorded consolidated operating revenues of RON 326.7 million (€65.6 million) in the first nine months of 2025, marking a 88% increase year-on-year.
Parapet, the Romanian EPC contractor specialising in renewable energy, has announced the signing of seven new contracts with Italian green energy company, Alerion.
Hidroelectrica, Romania's largest green energy producer, announced the awarding of the turnkey contract for the Nufărul Pilot Project floating photovoltaic panel system.
Romania engineering group Simtel, specialized in the renewable energy field, plans to launch as early as next week its first corporate bond sale.
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
As Romanians brace for a potential doubling of electricity bills from July 1st due to the elimination of the energy price cap.
Romanian energy giant Hidroelectrica recorded a net profit of €263 million in the first quarter of 2026, marking a 122% increase compared to same period last year, according to a report submitted to the BVB.
Romania's central bank has decided to maintain its key policy interest rate at 6.5% per year, following a meeting of the National Bank of Romania's (BNR) board of directors on Friday.
Digi Communications reported consolidated revenues of €583 million in Q1 2026, a 10% year-on-year increase. At the same time, adjusted EBITDA (excluding IFRS 16 impact) reached €161.2 million, up 15% compared to Q1 2025.
Romania's central bank announced on Friday that annual inflation will rise above previously forecast levels in Q2 2026, but will experience a substantial downward correction in Q3.
Uber Technologies announced new products and features at its annual Go-Get product event, including hotel bookings and travel tools that are planned to roll out globally in the coming months.