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    Petre Barac

    Energy

    KER TOKI POWER launches its first greenfield investment in Romania: 294 MWh standalone battery energy storage system

    KER TOKI POWER ROMANIA, an electricity supplier, aggregator, optimizer and trader, announces the launch of its first greenfield investment in Romania: a standalone battery energy storage system (BESS) with an installed power capacity of 147 MW and an energy storage capacity of 294 MWh,...
    Latest News

    CTP appoints Iulian Ciobotaru as Construction Director

    CTP announces the appointment of Iulian Ciobotaru as Construction Director. CTP reaffirms its commitment to expanding its portfolio of over 3 million sqm in Romania through new developments in both Bucharest and key regional cities across the country. Iulian Ciobotaru joined CTP in June 2025...
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    Sphera Franchise Group appoints Anca Popa as Supply Chain Director

    Sphera Franchise Group, which owns the companies operating the KFC, Pizza Hut and Taco...
    Energy

    ANRE approves Transelectrica’s 2026–2035 investment plan, sets timeline for interconnection projects with Hungary and Bulgaria

    Romania’s National Energy Regulatory Authority (ANRE) has approved the Electricity Transmission Network Development Plan...
    Latest News

    Alexandru Petrescu to address future of European Capital Markets at Athens symposium

    Alexandru Petrescu, President of Romania’s Financial Supervisory Authority (ASF), will deliver a keynote address...
    Economics

    Deloitte: Fans spend over 25% more on streaming platforms and are becoming the main growth engine for the media industry

    Fans have become one of the most valuable consumer categories for streaming services and...
    Energy

    ENGIE Romania acquires 54 MW battery storage project in Hunedoara

    ENGIE Romania has acquired a new battery energy storage system (BESS) project in Călan,...
    Energy

    Rompetrol Rafinare modernizes storage infrastructure at Petromidia refinery

    Rompetrol Rafinare is continuing its program to modernize and expand the storage infrastructure at...
    Energy

    ABB modernizes automation systems to extend life of Cernavoda nuclear power plant

    ABB has been awarded a contract by engineering, procurement and construction (EPC) contractor Ansaldo...
    Investments

    JT Grup Oil completes first private oil terminal with access directly to the Black Sea

    JT Grup Oil, a Romanian company active in the fuel distribution market, announces the...
    Economics

    OMV Petrom celebrates 25 years on the Bucharest Stock Exchange

    OMV Petrom marks 25 years since its listing on the Bucharest Stock Exchange (BVB),...
    Finance

    Intesa Sanpaolo Bank Romania appoints Roxana Hidan as CEO and Chairperson of the Management Committee

    Intesa Sanpaolo Bank Romania announces the appointment of Roxana Hidan as Chief Executive Officer...
    Latest News

    Primark opens first store in Iași following a 10 million euros investment

    Primark has officially opened its first store in Iași, located at Palas Iași mixed-use...
    Energy

    Romgaz completes acquisition of Azomureș production activities

    Romgaz, Romania’s largest natural gas producer and leading natural gas supplier, has announced the...
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    Energy

    KER TOKI POWER launches its first greenfield investment in Romania: 294 MWh standalone battery energy storage system

    KER TOKI POWER ROMANIA, an electricity supplier, aggregator, optimizer and trader, announces the launch...
    Latest News

    CTP appoints Iulian Ciobotaru as Construction Director

    CTP announces the appointment of Iulian Ciobotaru as Construction Director. CTP reaffirms its commitment...
    Latest News

    Sphera Franchise Group appoints Anca Popa as Supply Chain Director

    Sphera Franchise Group, which owns the companies operating the KFC, Pizza Hut and Taco...
    Energy

    ANRE approves Transelectrica’s 2026–2035 investment plan, sets timeline for interconnection projects with Hungary and Bulgaria

    Romania’s National Energy Regulatory Authority (ANRE) has approved the Electricity Transmission Network Development Plan...

    Since 2004, 'The Diplomat - Bucharest' aims to bring a fair and balanced analysis and comprehensive coverage of the political and business scene in Romania.

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