Energy
Israel’s Nofar Energy Gets EUR122M From EBRD And Raiffeisen International To Fund Two PV Parks In Romania
Israel’s Nofar Energy, one of the leading renewable energy investors in Romania, has signed a loan facility agreement and a VAT facility agreement totaling EUR122 million with the European B...
Romgaz Posts RON1.8B Net Profit In January-June 2024, Up 9% YoY
Natural gas producer and supplier Romgaz (stock symbol: SNG) ended the first six months of 2024 with net profit of RON1.8 billion, up 9% on the year, and a turnover of RON3.9 billion, down 2...
Hidroelectrica Ends H1/2024 With RON2.7B Net Profit, Down 32% YoY
Hidroelectrica (H2O.RO), the largest electricity producer in Romania, ended the first half of 2024 with net profit of RON2.69 billion, compared with RON4 billion in the year-earlier period,...
Transelectrica Launches Pilot Application To Forecast Electricity Produced By Prosumers
Romania's national grid company Transelectrica (stock symbol: TEL) has developed together with Teletrans, the IT and telecommunications subsidiary, a pilot application used to forecast the e...
Turkish Entek Enters Romanian Renewable Energy Market With Acquisition Of Solar Power Project From Econergy
Entek Elektrik Üretimi A.Ș. (Entek), a company based in Türkiye and primarily engaged in the green energy sector, has acquired Romanian companies Eco Sun Niculesti S.R.L and Euromec-Ciocanar...
Electromagnetica Sells 11 Small Power Hydroelectric Plants For RON33.6M
Electricity and electrical equipment producer Electromagnetica (ELMA.RO) has announced in a stock market report on August 8 that, during an outcry auction held on August 7, it was awarded th...
Energy Ministry Signs Over RON138M Worth Of Financing Contracts For Industrial Sector Investments
Romania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local industrial sector.
PPC Signs Agreement To Buy Evryo Group’s Renewable Energy Portfolio In Romania
PPC Group (Public Power Corporation) has announced that it has signed an agreement with Evryo Group, owned by Macquarie Asset Management, to acquire their renewable energy generation portfol...
Rompetrol Well Services Concludes Nearly EUR30M Worth Of Contracts With OMV Petrom
Rompetrol Well Services (stock symbol: PTR), the oil services division of Rompetrol, has announced in a stock market report on August 6 the conclusion of contracts with OMV Petrom (stock sym...