Valeriu Binig: Changes in Brussels risk raising new challenges for the RES projects
Europe’s electricity sector must adapt to a new reality in which consumers are increasingly becoming producers, while policymakers debate reforms…
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Industry
Visual Fan: Profit up by over 120% in 2025
Visual Fan recorded a net profit of 12.5 million lei in 2025, up by 121.04% compared to 5.7 million lei…
CEO: Approximately 1,500 employees will be laid off, new reorganization plan – voted on March 12
About 300 employees of Complexul Energetic Oltenia (CEO) protested on Wednesday in front of the company’s headquarters in the municipality…
Fitch reconfirms BBB minus rating with stable outlook for Electrica
The international rating agency Fitch Ratings has reconfirmed the long-term rating of Societăția Energetica Electrica SA at ”BBB minus” with…
Electrica Group: Net profit up 159%, investments of 848 mln. lei
The preliminary net profit of the Electrica Group was 1,218.9 million RON in 2025, 159.2% above the restated profit recorded…
Veltol Holding consolidates its market position with accelerated growth in 2025 and announces new investments
After a difficult economic year, which raised problems in most business sectors, Veltol Holding – the Romanian technology company specialized…
OMV Petrom completes new modernization works at Petrobrazi refinery
20 million euros invested in advanced wastewater treatment systems OMV Petrom, the largest energy producer in South-Eastern Europe, has completed…
EU to propose green steel as key pillar of industrial recovery
The European Union will put so-called “green steel” at the center of its efforts to revive the continent’s industry, amid…
Competition authorizes Greenvolt’s takeover of a stake in CEF Pelicanu
The Competition Council has authorized the transaction by which Greenvolt International Power SA, Portugal, intends to take over a part…
Volker Raffel: Extending the capping scheme means Romania is entering infringement
The message regarding the extension of the gas price capping scheme is not the right one, because this means that…
Electro-Alfa’s public offering, oversubscribed on both tranches
Electro-Alfa International, a Romanian company with over 35 years of experience and one of the leading players in the production…
ACUE stresses the risks generated by unpredictable regulations and successive administrative interventions in the energy sector
The Federation of Energy Utilities Associations (ACUE) draws attention to the major risks generated by unpredictable regulations and successive administrative…
OMV Petrom: Record investments of 7.8 billion lei, net profit down 27%
OMV Petrom Group announced a net profit down 27% to 3.1 billion lei for 2025, affected by net impairment adjustments…
Electroalfa’s IPO, launched today at 8.35 — 8.85 lei per share, could bring the company 100 mln. euro
Electroalfa’s initial public offering (IPO) will take place between February 2 and 11, at a price range set between 8.35…
Lukoil sells international assets to US fund Carlyle
Russian oil group Lukoil announced on Thursday that it has reached an agreement on the sale of its Lukoil International…
Hidroelectrica shares reach a new all-time high, after approval of major strategic projects
On Tuesday, the value of Hidroelectrica S.A. shares reached a new all-time high of -138.40 lei, representing the highest level…
Ministry of Energy asks World Bank for new study on district heating in 27 cities
The Ministry of Energy has commissioned a study from the World Bank on investment solutions in district heating in 27…
Schneider Electric Romania is banking on growth in 2026 from a new smart headquarters in the Globalworth Campus in Bucharest
Schneider Electric Romania has inaugurated its new headquarters in Bucharest, in the Globalworth Campus, a space of approximately 2,300 square…
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…
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…
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…
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)…