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Hidroelectrica Invests RON297M In Battery Storage System At Iron Gates II Hydropower Plant
Capital Market

Hidroelectrica Invests RON297M In Battery Storage System At Iron Gates II Hydropower Plant

Hidroelectrica (H2O.RO) is investing RON297 million in a battery storage system at the Iron Gates II hydropower plant, and the contract was awarded to Synergy Construct, the company announced.

Loredana Frățilă-Cristescu · 10.09.2026 · 15:55 · 1 min
Romania’s Energy Ministry Reacts To Sinteza Oradea’s Decision To Drop NRRP-Funded Battery Facility Project
Capital Market

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...

Loredana Frățilă-Cristescu · 21.05.2025 · 11:54 · 1 min
Hidroelectrica Signs RON80M Contract To Install Li-Ion Battery Storage System In Crucea Nord Wind Farm
Energy

Hidroelectrica Signs RON80M Contract To Install Li-Ion Battery Storage System In Crucea Nord Wind Farm

Hidroelectrica (H2O.RO), the largest company listed on the Bucharest Stock Exchange, announced the signing of the contract with Prime Batteries Technology SRL and Enevo Group SRL on April 24...

Loredana Frățilă-Cristescu · 24.04.2025 · 19:51 · 1 min
Sinteza SA Oradea Signs Agreement With Lockheed Martin For Production Of Long-Term Storage Batteries In Romania
Energy

Sinteza SA Oradea Signs Agreement With Lockheed Martin For Production Of Long-Term Storage Batteries In Romania

Sinteza SA Oradea (STZ.RO), one of the largest local chemical companies, has signed a letter of intent with the US company Lockheed Martin to license the GridStar® Flow technology for the pr...

Loredana Frățilă-Cristescu · 20.11.2024 · 19:01 · 1 min
Car Battery Maker Rombat Budgets EUR10M Investments in 2023
Companies

Car Battery Maker Rombat Budgets EUR10M Investments in 2023

Car battery manufacturer Rombat in Bistrita, controlled by the South African group Metair, will allocate EUR10 million for investments this year, mainly for the installation of a semi-automa...

Loredana Frățilă-Cristescu · 22.02.2023 · 22:11 · 1 min
EIT InnoEnergy Buys into Battery Maker Prime Batteries Technology
Energy

EIT InnoEnergy Buys into Battery Maker Prime Batteries Technology

The European EIT InnoEnergy Group is to become a shareholder of Prime Batteries Technology in Ilfov County, its representatives announced in Brussels on Thursday.

Loredana Frățilă-Cristescu · 10.11.2022 · 17:18 · 1 min
Rombat Bistrita Automotive Battery Sales up 15% in 2021
Automotive

Rombat Bistrita Automotive Battery Sales up 15% in 2021

Rombat Bistrita sold 2.65 million automotive batteries on the markets where it operates in 2021, up 15% from the previous year, the company said.

Loredana Frățilă-Cristescu · 20.01.2022 · 19:41 · 1 min
Former Head of Ford Romania Ian Pearson Joins BritishVolt as Operations Director
Automotive

Former Head of Ford Romania Ian Pearson Joins BritishVolt as Operations Director

Ian Pearson, the former Ford Romania president between March 2018 and April 2021 who also ran the Craiova plant of the carmaker, has become operations director of BritishVolt, the UK company...

Loredana Frățilă-Cristescu · 05.07.2021 · 09:31 · 1 min
Car Battery Maker Rombat Bistrita Profit Up 31% in 2020
Automotive

Car Battery Maker Rombat Bistrita Profit Up 31% in 2020

Car battery manufacturer Rombat Bistrita posted RON395.2 million (EUR82 million) revenue in 2020, down about 1% compared with 2019, ZF has calculated from Finance Ministry data.

Loredana Frățilă-Cristescu · 08.06.2021 · 10:27 · 1 min