Industry | 3 September, 2025 at 3:30 PM
Hunedoara steel plant to cease operations indefinitely
ArcelorMittal has announced the indefinite suspension of production at its steel factory, with operations set to halt from September 5.
ArcelorMittal has announced the indefinite suspension of production at its steel factory, with operations set to halt from September 5.
Liberty Galați's restructuring plan was officially approved by creditors and the Galați Tribunal at the start of August.
Attila Beer, CEO of Alukönigstahl Romania & Republic of Moldova, talked to Property Forum about the demand engines that will drive the market this year and the growing investment in durable envelope solutions for buildings.
Greenvolt Power has secured €348 million in financing for the construction of a 253.1 MW wind project in Ialomița county, Romania.
Banca Transilvania (BT) reported a consolidated net profit of RON 4.10 billion (€804.7 million) in 2025, representing a 15.96% increase compared to RON 3.53 billion.
Romanian gas producer Romgaz recorded a consolidated net profit of RON 3.35 billion (€674.5 million) for the 2025 financial year.
State-owned power producer Hidroelectrica Group recorded a 20% fall in net profit during 2025 versus 2024 as the poor water levels significantly impacted hydropower generation and consequently the total volume of energy available for sale.
Romanian energy group Electrica achieved record financial results in 2025, with preliminary net profit reaching RON 1.22 billion (€245 million), representing a 159% increase compared to 2024.