Photon Energy announces that it has signed a senior secured loan agreement in the amount of up to EUR 15 million with European Bank for Reconstruction and Development (EBRD). The signing of the agreement represents the Group’s second project financing […]
You may have noticed that the visual identity of your energy supplier has changed. The two suppliers part of the PPC group, PPC Energie and PPC Energie Muntenia, now have a new logo, which now appears everywhere, from invoices to […]
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated the processes of restarting the production facilities at the Petromidia Navodari refinery, after the timely completion of the maintenance, recertification, and modernization of the units. The installations will […]
MOL Group announced its financial results for the first quarter of 2024. MOL delivered 382 million USD profit before tax in Q1 2024, down 29 percent compared to the same period last year amidst continued government takes and turnarounds in […]
OMV Petrom, the largest integrated energy producer in Southeast Europe, and Saint-Gobain Romania, part of the Saint-Gobain Group, a world leader in the field of light and sustainable solutions for construction, announce the signing of an agreement for the supply […]
Premier Energy, one of the largest renewable energy players in Romania and the Republic of Moldova, announces the approval by the Romanian Financial Supervisory Authority and the publication of the prospectus for the initial public offering of its ordinary shares […]
The European Bank for Reconstruction and Development (EBRD) is lending over 46 million Euro as part of a 93 million Euro financing package to build and operate a 102 MW onshore wind farm in Romania. Urleasca Wind Farm, which will be […]
Delgaz Grid announced total investments of 365 million RON in 2024. The investment budget targets modernization works, network expansion works, but also for the establishment of new distributions in eight towns in Romania. “We are investing over 70 million RON […]
“Hexing Europe decision to establish a new plant in Timisoara stems from our commitment to our clients for serving locally by expanding our manufacturing capabilities and meeting growing market demands in Europe. Timisoara offers strategic advantages such as access to […]
OMV Petrom announced its financial results for the first quarter of 2024. The company achieved a net profit of around 1.4 billion RON, down 6 percent compared to Q1 2023. Consolidated sales revenues decreased by 10 percent compared to Q1/23, […]
