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    Energy

    OMV Petrom acquires a 20 MW battery energy storage system for the Ișalnița solar park

    OMV Petrom and the Romanian company Simtel Team have signed an engineering, procurement and construction (EPC) contract for a battery energy storage system (BESS). This is to be installed at the Ișalnița solar farm in Dolj County, the first large-scale solar project wholly owned by OMV Petrom. Construction of the battery is...
    Energy

    Hidroelectrica awards contract for 64 MW / 434.76 MWh battery storage facility at Porțile de Fier II

    Hidroelectrica has awarded the contract for the development of a battery energy storage system (BESS) at the Porțile de Fier II hydropower plant, with an installed power capacity of 64 MW and a storage capacity of 434.76 MWh. The total investment amounts to RON...

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    Economics

    Vastint Romania launches The Venue Timpuri Noi, a dedicated space for conferences and events

    Vastint Romania, part of VASTINT Group, has launched The Venue Timpuri Noi Square, a...
    News

    OMV Petrom invested 115 million euros in modernizing Petrobrazi’s electrical infrastructure

    OMV Petrom invested approximately 115 million euros to modernize the electrical infrastructure of the...
    Economics

    ALRO ranked 16th among Romania’s largest exporters in the first half of 2026

    ALRO ranks 16th in the classification of Romania’s largest 1,000 exporters in the first...
    Energy

    BCR provided more than 535 million euros in energy financing in the first eight months of 2026

    Banca Comercială Română (BCR) provided 535 million euros in financing for energy projects in...
    Economics

    French company TARMAC Aerosave, aircraft and engine storage and maintenance specialist, comes to Romania

    TARMAC Aerosave, the largest aircraft storage company in Europe and a leading provider of...
    Finance

    tbi bank expands auto financing with a nationwide partnership with the SUV Cars network

    tbi bank is strengthening its position in auto financing through a nationwide partnership with...
    News

    Coca-Cola Romania announces changes to its leadership team, appoints new General Manager

    Coca-Cola Romania announces a series of changes to its leadership team, alongside the creation...
    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...
    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...
    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

    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...
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    Energy

    Dentons advises Kommunalkredit on the 50.6 million euros refinancing of the 60 MW Ruginoasa wind farm

    Global law firm Dentons has advised Kommunalkredit Austria AG on the 50.6 million euros...
    Latest News

    Executive changes at Allianz-Țiriac: Aurel Badea to step down after 33 years

    Allianz-Țiriac has announced upcoming leadership transitions set for late 2026 to ensure long-term organization...
    Energy

    OMV Petrom acquires a 20 MW battery energy storage system for the Ișalnița solar park

    OMV Petrom and the Romanian company Simtel Team have signed an engineering, procurement and construction (EPC) contract for a...
    Economics

    The first edition of the BusinessPedia Connect debates is hosted by the NBR Palace on September 15: Who takes Romania forward?

    BusinessPedia brings two generations of entrepreneurs and leaders to the NBR for a debate...

    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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