Energy
Transgaz Acquires 51% Stake In Petrostar Ploiesti
State-run national gas transmission system operator Transgaz (stock symbol: TGN) has acquired a 51% ownership stake in Petrostar Ploiesti, through a share capital increase of RON4.5 million,...
Fuel Trader Votrom’s Revenue Drops 6% To RON722.3M In 2024
Fuel trader Votrom, controlled by the Tulvan family from Oradea, posted RON722.3 million (EUR145.2 million) revenue in 2024, down 6% from the previous year’s RON768.8 million (EUR155.4 milli...
EnergoBit Sees Revenue Up To EUR110M In 2024
EnergoBit, one of the most powerful entrepreneurial businesses in the energy sector in Romania, which operates in the equipment and services area, ended last year with EUR110 million revenue...
Romania’s Energy Ministry Reacts To Sinteza Oradea’s Decision To Drop NRRP-Funded Battery Facility Project
The Energy Ministry says it has taken note of the decision of Sinteza Oradea (STZ.RO) to drop the implementation of the project to create a battery manufacturing facility, part of the Nation...
Raiffeisen Finances Eurowind Energy’s Teius Solar Park with almost EUR29M
Raiffeisen Bank Romania and Raiffeisen Bank International finance with over EUR28.7 million the development of the photovoltaic park of Teius, Alba county, operated by Danish company Eurowin...
Statistical Office: Romania's Energy Output Down 6.1% YoY In January-March 2025
Romania's energy output decreased by 6.1% year-over-year in January-March 2025, to 4.209 million tons of oil equivalent (TOE) due to a decline in hydro and wind power generation, the country...
Photovoltaic Project Developer Enexus Ends 2024 With EUR23M Revenue
Enexus, a company specializing in building medium-sized and large photovoltaic projects with storage facilities, posted about EUR23 million revenue in 2024, 10 times higher than in 2023.
Simtel Team Reports RON79.9M Revenue For Q1/2025, Up 70% vs Q1/2024
Engineering and technology company Simtel Team S.A. (stock symbol: SMTL), one of the national leader in Romania's renewable energy sector, reported consolidated operating revenues of RON79.9...
Italian Group Alerion Contracts EUR18.5M Loan From BCR To Develop 35 MW Photovoltaic Project In Romania
Banca Comerciala Romana (BCR) has granted EUR18.5 million in financing to a company within Italian group Alerion Clean Power, a key player in the renewable energy market, for the constructio...