Energy
Hidroelectrica Budgets Higher Revenue, Lower Net Profit For 2025
State-run Hidroelectrica (H2O.RO), the largest electricity generation company in Romania, has budgeted RON10.3 billion revenue for 2025, an increase of 2% on the 2024 level, as well as RON3....
Romgaz Makes RON60M Deposit With Exim Banca Romaneasca
Romanian state-run natural gas producer and supplier Romgaz (stock symbol: SNG) made a term deposit without auto-renewal option, with the interest rate negotiated, with the Exim Banca Romane...
Simtel Enters Moldova's Energy Supply Market Via Ges Energy Trade
The management of engineering and technology company Simtel Team, a national leader in Romania's renewable energy sector, has announced in a stock market report that on March 4, 2025, Ges En...
Nuclearelectrica Calls Shareholders On April 9 To Vote On Company's 2025 Budget Of Revenue And Expenditure
Nuclear power producer Nuclearelectrica (stock symbol: SNN) has published the company's budget of revenue and expenditure for 2025, which will be put up for a vote at the Ordinary General Me...
Transgaz Calls Shareholders To Vote On Acquisition Of 51% Stake In Petrostar For Maximum Price Of RON4.52M
The Board of Directors of state-run national gas transmission system operator Transgaz (stock symbol: TGN) has announced in a stock market report on March 5 that it has called shareholders f...
Denmark’s Eurowind Set To Develop Major Wind Energy Project in Botosani in over EUR1B Investment
Eurowind Energy Romania, a major developer of clean energy projects operating on the local market since 2011, confirms the development of a wind power project in Botosani county, which aims...
MET Group Sets Off Construction Of 80 MWp Solar Park In Dambovita County
Swiss-based energy company MET Group, headquartered in Switzerland, has started the construction of an 80 MWp photovoltaic (PV) solar project in Romania's southern commune of Rascaeti, Dambo...
Deloitte: Use Of Gen AI Will Double Electricity Consumption Of Global Data Centers By 2030
As power-intensive Generative AI (Gen AI) consumption grows faster than other uses and applications, electricity consumption by data centers is forecasted to double to 4 percent of global el...
Monsson Set To Build Component Plant For Renewable Industry In EUR10M Investment
Monsson, one of the largest developers of wind and solar projects in Romania, is to build a factory that makes and assembles components for the renewable energy industry near the former Petr...