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    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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    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

    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...
    Energy

    Reţele Electrice România has launched a tender of over 156 million lei for vehicles with a working platform at height

    Reţele Electrice România, part of the PPC group in Romania, has launched, through the...
    Investments

    RRG invested 4 million euros for residential project Lakeside11 in 2026

    Real estate developer RRG Real Estate Group (RRG) invested 4 million euros in 2026...
    Investments

    VGP to develop new logistics park in Oradea

    VGP announces the acquisition of a 294,000 sqm land plot for the development of...
    Energy

    Transelectrica signs two financing agreements worth over RON 350 million from the Modernisation Fund for investments in the Electricity Transmission Grid

    Transelectrica announces the signing of two financing contracts worth over RON 350 million for...
    Energy

    MetaWealth closes first financing round for Romanian battery storage program

    MetaWealth, a European real-asset investment platform, has completed a 19 million euros financing package...
    Economics

    Škoda Group aims for bigger role in Romania as railway and public transport modernization gathers pace

    Škoda Group is targeting a broader and more strategic presence in Romania, as the...
    Energy

    OMV Petrom expands its green hydrogen production capacity at the Petrobrazi refinery

    OMV Petrom announces the delivery of all seven modules for its second green hydrogen...
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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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