Senior Editor
Roxana Petrescu
- Fields
- Energy, Companies, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 175
Nova Power & Gas Ends 2024 with RON2.6B Turnover, Down 8% YOY
Nova Power & Gas in 2024 registered turnover worth RON2.6 billion, down 8% from the previous year, and RON228 million net profit, also lower than in 2023.
Entrepreneurial Group EM Eyes BVB Listing
EM group, which includes companies Electromontaj SA, the largest one, Iproeb, Emfor and others, ended last year with consolidated turnover worth EUR200 million, a record high, with the compa...
Romgaz Seeks Consultant for Azomures Takeover
Romanian Energy Minister Sebastian Burduja announced Romgaz has already published an announcement on the electronic public procurement platform SEAP for consulting services in assessing, neg...
ROCA Investments Takes Over 20% in Adrem
ROCA Investments, a local private equity company, has taken over a 20% stake in entrepreneurial group Adrem, a major player on Romania’s energy services.
Electrica H1/2024 Operating Income Down 29% To RON4.7B
Electricity supplier and distributor Electrica for the first half of this year reported operating income worth RON4.7 billion, down 29%, and RON102 million net profit, RON40 million below th...
EnergoBit Eyes RON550M Turnover in 2024
Group of firms EnergoBit, with EnergoBit SA as the largest company of the group, aims to reach RON550 million turnover this year, up from the almost RON488 million result of 2023.
Czech TESLA Postpones Deadline for Braila Plant Completion to Mid-2025
TESLA Energy Storage, a company set up in June 2022, but which is part of Czech group TESLA, a producer of energy equipment, was due to start in 2023 the construction of an energy storage eq...
Major Changes in OMV Petrom 2030 Strategy
OMV Petrom, Romania’s biggest company, has announced significant changes in its 2030 Strategy, a document published in 2021, with green transition project investments due to be stepped up.
Ukraine’s Richest Man Buys another Solar Park in Romania, Nears 1 GW Target for 2028
DRI, the subsidiary of DTEK group owned by Ukrainian billionaire Rinat Akhmetov, has taken another step toward hitting the target of 1,000 MW in green energy projects in Romania by 2028.
Becali Family Chases Dobrogea Wind
A giant project of around 770 MW in Suceava got Transelectrica’s technical ok last month to connect to the network.
Number of Prosumers in Romania Hits 121,000; Likely to Triple by 2030
While in early 2020 Romania had just 271 prosumers, this exclusivist club has now turned into a significant player in the local energy field. Thus, at end-March 2024, Romania had over 121,00...
Portugal’s EDPR Gets OK for Two Solar Parks in Romania
EDP Renewables (EDPR), the Portuguese group that is a major player on the global green energy market, last month got the technical connection permit for two solar parks in Romania.