Romgaz, in a poker game with Azomureș: “Complex transactions such as the acquisition of Azomureș assets must be negotiated”
Azomureș received an initial price offer from Romgaz, and Romgaz management is open to further negotiations, if the offer is…
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World Bank revises Romania’s economic growth forecast for 2026 to 1.3%
The Romanian economy grew by 0.8% last year, compared to a 1.3% growth forecast in June of last year and…
Serbian president confirms NIS asset takeover deal
Serbian President Aleksandar Vucic said on Tuesday that the identity of the buyer of Russia’s stake in the oil company…
Sofia Stock Exchange turnover increases by 184% in week after euro adoption
The Sofia Stock Exchange (BSE) recorded an almost 184% increase in trading volume in the last week, with Bulgaria joining…
Hidroelectrica’s Crucea Nord BESS reaches 80% completion
The battery energy storage system (BESS) project that Hidroelectrica is developing in the Crucea Nord Wind Farm exceeded 80% completion…
Electrica and ENEVO will complete this year the 70 MWh standalone BESS project in Fântânele (Mureș)
Electrica announces that on December 18, 2025, it signed the EPC (Engineering, Procurement & Construction) contract for the construction of…
Tinne Van der Straeten is the new CEO of WindEurope
Tinne Van der Straeten will take over as WindEurope CEO from 2 February, the association announced. Giles Dickson officially stepped…
Sebastian Burduja asks the Government to unblock hydropower projects in advanced stages of execution
MP Sebastian Burduja, former Minister of Energy, launched the petition “Hydropower Saves Romania”, which calls for the urgent unblocking of…
New car registrations increased by 1.6% in 2025, share of electrified cars was of 55%
The number of new car registrations recorded in 2025 was 1.6% higher than in 2024, up to 182,518 units, a…
Ivan: ELCEN decided to temporarily reduce flow and pressure to avoid new damage
The Minister of Energy, Bogdan Ivan, met on Monday with the Mayor of the Capital, Ciprian Ciucu, to discuss the…
German utilities call for crisis electricity reserve following Berlin outage
Following Berlin’s power outage caused by an arson attack that left tens of thousands of households without electricity for five…
Hybrid horizons: Wind + BESS shift Romania’s Energy Market, and the insurance standards behind it (P)
Romania’s renewable-energy landscape is entering a new chapter. Wind development is accelerating again, and battery energy storage systems (BESS) have…
Slovakia signs nuclear reactor deal with US
Slovakia will sign a nuclear energy cooperation agreement with the United States, Slovak Prime Minister Robert Fico said on Saturday,…
INS revised upward the economic evolution in the first 9 months of last year; GDP rose by 0.9%
The National Institute of Statistics (INS) revised upward the economic evolution in the period January 1 – September 30, 2025,…
Economy Minister: EU-Mercosur agreement to increase Romania’s exports
The Romanian state supported the EU-Mercosur agreement after firm negotiations, which brought clear guarantees for industry and agriculture, said the…
Inflation increased significantly in the summer, as a result of the liberalization of the energy market and the tax surge
Inflation increased significantly in July and August 2025, mainly as a result of the liberalization of the electricity market, the…
Competition authorizes the transaction by which Repsol Downstream takes over a stake in Valtec
The Competition Council authorized the transaction by which Repsol Downstream Internacional S.A.U., Spain, intends to take over part of the…
AEI: “Energy Independence”, abandoned in the era of globalization
The order in which Romania built its security after 1990 is thinning. In this context, the Smart Energy Association (AEI)…
Ivan: The equivalent of daily heating of 75,000 apartments is lost in Bucharest due to old district heating networks
The equivalent of daily heating of 75,000 apartments in Bucharest is lost due to old district heating networks, which have…
Bulgaria cuts natural gas prices by 3.3% for January
Starting January, natural gas in Bulgaria became 3.3 percent cheaper, with the new price set at 31.15 euro, or approximately…
Gov’t works at gradual reduction of the gas price cap, the industry would agree to a “gas release” program
Discussions with operators regarding the gradual elimination of the gas price cap began in September, in order to have several…
SGE, Blue Bird Energy intend to form JV for SMR deployment in Bulgaria
Polish nuclear energy project developer Synthos Green Energy (SGE) said that it has signed a letter of intent with Bulgarian…
OMV – 123 mln. euro financing for Austria’s largest green hydrogen project
OMV and Austria Wirtschaftsservice have signed a financing agreement that will secure up to EUR 123 million in production financing…