Energy
OMV Petrom profit drops 27% in 2025
Oil major OMV Petrom closed 2025 with a net profit of approximately €620 million, down 27% compared to the previous year.
In a video interview recorded at CEE Property Forum 2025 in Vienna, Marius Persenea, COO of Iulius Group, shares his outlook on financing conditions, lender appetite, ESG priorities and the next big themes shaping real estate development across CEE.
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Oil major OMV Petrom closed 2025 with a net profit of approximately €620 million, down 27% compared to the previous year.
HempFlax Netherlands, a large cultivator and processor of industrial hemp, has announced plans to sell its extensive agricultural portfolio.
Romanian private healthcare group MedLife has completed the full acquisition of the Medstar group of clinics in Cluj-Napoca.
The Romanian Business Leaders Foundation (RBL) has been accepted as a member of the European Bank for Reconstruction and Development's Civil Society Steering Committee for a two-year mandate from 2026 to 2027.
Greenvolt Power has secured €58.5 million in project financing from Erste Group Bank and BCR for a 49.8 MW onshore wind project in Săcele, in the Dobrogea region of south-eastern Romania.