Romgaz Group recorded in 2024 a revenue of 7.92 billion RON, down by 11.91 percent, namely 1.07 billion RON, as compared to 2023 revenue (9 billion RON). Net profit of 3.2 billion RON was higher by 393.89 million RON than […]
BCR achieved a net profit of RON 742 million (EUR 149 million) in Q1 2025, up by 19.8 percent against RON 620 million (EUR 125 million) in Q1 2024, driven by improved operating result underpinned by significant advance in customer […]
The National Energy Regulatory Authority (ANRE) approved the implementation of market making activity on organized electricity markets and centralized natural gas markets. The measure will enter into force on July 1, 2025, for electricity and April 1, 2026, for natural […]
ENGIE Romania announces the completion of the acquisition of a wind project with an installed capacity of 54 MW, located in Mereni, Constanta County. This project represents a step in expanding the company’s renewable energy portfolio, with the objective of […]
Romania is attracting increasing attention from investors considering Central and Eastern Europe for industrial or office developments, thanks in part to generous government incentives that can cover up to 70 percent of eligible project costs, according to Colliers’ latest report. […]
ING Bank and Unicredit Bank have successfuly finalized, as joint coordinators and lead managers, a significant syndicalised transaction aimed at financing the telecommunication infrastructure. The 200 million euros worth financing, granted for a period of 5 years, will support the […]
The general meetings of shareholders of OMV Petrom – held on April 24 – approved all proposals submitted by the Management Board, including the distribution of record dividends, in the amount of 2.8 billion lei for the financial year 2024, […]
Hidroelectrica announces the signing of the contract with Prime Batteries Technology and Enevo Group for the acquisition of the Li-ion battery storage facility in Crucea Nord Wind Farm. The main purpose of the investment is to reduce internal imbalances at […]
Starting this May, Wolt, the technology company known for its local commerce platform, is officially entering the Romanian market. The transition from Tazz to Wolt will begin in selected cities and gradually roll out across the country, culminating in Bucharest, […]
OVES Enterprise, a Romanian company specialized in the development of complex software solutions for the defense, aerospace, and cybersecurity industries, has signed a strategic memorandum with MSI Defense Solutions, a U.S.-based integrator of advanced tactical systems for land and naval […]
