Energy
Portland Trust Finalizes Sale Of Largest Photovoltaic Park Under Development In Romania
Portland Trust, one of the most powerful real estate developers in Romania, has finalised the sale of the largest photovoltaic park under development in Romania to Econergy and Nofar Energy.
Enel Ends First 9 Months of 2021 with over EUR1B Turnover, Up 6% YoY
Italy’s Enel, one of the biggest players on the domestic energy supply and distribution market with 3 million clients, in the first nine months of 2021 reached revenues of almost EUR1.1 bill...
Restart Energy To Carry Out EUR360,000 Solar Energy Project For Avastar
Restart Energy, one of the largest independent energy and gas suppliers on the local market, has announced a EUR360,000 contract with Avastar to install a 570kWp solar generator.
NuScale and Nuclearelectrica Sign Agreement to Implement First SMR in Europe
Nuclear power producer Nuclearelectrica (SNN.RO) on Friday notified the Bucharest Stock Exchange that at the United Nations Conference on Climate Change (COP26), U.S. Secretary of Energy Jen...
Electrica Gets EUR750M From Erste Bank and Raiffeisen Bank
Electrica (EL.RO), one of the main actors on the energy supply and distribution market in Romania, has signed a RON750 million loan agreement with Erste Group Bank and Raiffeisen Bank Romani...
Romgaz Extends CEO’s Provisional Mandate Until April 2022
The Executive Board of Romania’s largest natural gas producer Romgaz Medias (SNG.RO) decided in its meeting of November 2 to appoint Aristotel Marius Jude to the position of Chief Executive...
Romgaz Officially Announces Price of ExxonMobil’s Stake in Neptun Deep: $1.06B
Natural gas producer and supplier Romgaz (SGN.RO) on Tuesday evening notified the Bucharest Stock Exchange that its board of directors had endorsed the acquisition of 50% in Neptun Deep bloc...
OMV Petrom Net Profit Doubles YoY To RON1.67B At End Of First Three Quarters of 2021
OMV Petrom, the largest energy company in South-Eastern Europe, reached a turnover worth RON17 billion at the end of the first three quarters of 2021, up 13% from the year-earlier period, an...
Simtel Team Buys 80-Ha Land Plot in Giurgiu to Develop Large Photovoltaic Farm
Romanian engineering and technology firm Simtel Team, listed on the AeRo market of the Bucharest Stock Exchange, announced it acquired a 837,866-sqm industrial land plot in Giurgiu, where it...