27 aug 2024

Electricity supplier and distributor Electrica for the first half of this year reported operating income worth RON4.7 billion, down 29%, and RON102 million net profit, RON40 million below the H1/2023 more

1 iul 2024

Group of firms EnergoBit, with EnergoBit SA as the largest company of the group, aims to reach RON550 million turnover this year, up from the almost RON488 million result of 2023. more

20 iun 2024

TESLA Energy Storage, a company set up in June 2022, but which is part of Czech group TESLA, a producer of energy equipment, was due to start in 2023 the construction of an energy storage equipment more

19 iun 2024

OMV Petrom, Romania’s biggest company, has announced significant changes in its 2030 Strategy, a document published in 2021, with green transition project investments due to be stepped up. more

19 iun 2024

DRI, the subsidiary of DTEK group owned by Ukrainian billionaire Rinat Akhmetov, has taken another step toward hitting the target of 1,000 MW in green energy projects in Romania by 2028. more

18 iun 2024

A giant project of around 770 MW in Suceava got Transelectrica’s technical ok last month to connect to the network. more

17 iun 2024

While in early 2020 Romania had just 271 prosumers, this exclusivist club has now turned into a significant player in the local energy field. Thus, at end-March 2024, Romania had over 121,000 more

8 apr 2024

EDP Renewables (EDPR), the Portuguese group that is a major player on the global green energy market, last month got the technical connection permit for two solar parks in Romania. more

29 mar 2024

Premier Energy, the third leading household supplier of natural gas in Romania, held by Czech investment company Emma Capital, will focus on integrating the recently acquired CEZ Vanzare on short term more

6 feb 2024

OSCAR Downstream, the biggest independent player on the local oil market, a EUR1.47 billion business in 2023 owned by businessman Alin Niculae, is likely to launch the first OSCAR-branded filling more

8 nov 2023

In one of his rare public appearances, Ion Sterian, chief executive officer of Transgaz (TGN.RO), the national natural gas transmission company, says that the Black Sea will not turn Romania into a more

16 oct 2023

Germany’s Nordex, world leading wind turbine manufacturer, got its first order for Romania in years at the end of last month. The wind energy market boomed between 2009 and 2014, but then completely more

11 oct 2023

Polenergia, Poland’s largest private energy group, controlled by two investment funds, has taken over 60% of project company Naxxar Wind Farm Four SRL that is developing one of the largest onshore more

28 aug 2023

Moldova Eolian SRL, the project company behind the Ruginoasa wind farm, wholly owned by DTEK Renewables International B.V., has reached a EUR55 million financing agreement for the 60MW project to be more

21 aug 2023

Baboia Solar Plant, a project company owned by Enery Elment GmbH, on July 21 got the technical greenlight to connect to the network for a 535 MW project in Giurgiu. more

9 aug 2023

DTEK Renewables International, a company owned by Rinat Akhmetov, Ukraine's richest businessman, has completed the installation of the largest wind turbine ever in Romania this month, a 125-meter tall more

26 iun 2023

E-INFRA group, controlled by businessman Teofil Muresan, expects RON3 billion consolidated turnover, RON400 million net profit in 2023. more

20 iun 2023

GSP Offshore, a company controlled by businessman Gabriel Comanescu, ended last year with RON697 million revenue, down by about 12% compared with 2021, and RON16.4 million net profit, according to the more

19 iun 2023

Even as mobility electrification is gaining momentum, Octano Downstream, a player launched in 2017, is going against the current by investing in a classic gas station network. more

30 mai 2023

In line with a LinkedIn post, Czech-held TESLA has secured a 100,000-sqm area for the future Braila plant in ELI Park Braila, a logistic project carried out by Element Industrial, controlled by more

15 mai 2023

Alstom, one of the largest actors in the transportation technology sector in the world, has 110 positions open for Romania at the moment, its career website shows. Alstom makes a complex range of more

2 mai 2023

Black Sea gas will be the biggest gamechanger in the local energy landscape, with this being the resource that can aid connecting green energy, the horizontal development of the economy and the more

19 apr 2023

One of the biggest green energy portfolios underway locally has UAE’s Masdar and Romania’s biggest energy producer Hidroelectrica behind it. more

3 apr 2023

Electricity supplier and service provider for electricity market actors Alive Capital ended last year with EUR170 million revenue, almost double the 2021 level. more

3 mar 2023

By mid-2023, Romania is likely to have its first strategy for the development of local hydrogen production, with Galati and Dobrogea being seen as potential hubs for this new industry. more