The spot price of natural gas on the Romanian Commodity Exchange (BRM) jumped by 66% y/y to RON 250 (EUR 50) per MWh at the beginning of this year despite the low consumption during the holiday period, according to data presented by Profit.ro. At the same time, the colder winter than last year led to a more accelerated extraction of gas from domestic storage and faster depletion of the reserves. Thus, on January 1, Romania still had 22 TWh or 65% of total capacity stored, 6 TWh below the amount on the first day of last year, of 28 TWh or 83% of total capacity. Last year, the amount of domestically stored gas dropped below 22 TWh only on the last day of January, and not from the first day, like this year. Both higher prices and steeper depletion of reserves might be supported in the future by gas exports to Moldova, which needs supplementary energy resources after Gazprom interrupted the exports to Europe. Romania is currently exporting record quantities of gas to the Republic of Moldova, over 50 GWh/day, equivalent to one-fifth of the current gas production, which amounts to approximately 250 GWh/day.
Prime Batteries, the only local battery manufacturer and one of the few active in Europe, has established a joint venture with the South Korean company Top Material to produce active material, a key element in the production of batteries. The unit is in South Korea. Top Material is also a shareholder in Prime, with a […]
Franklin Templeton, the administrator of Fondul Proprietatea, has launched 16 Franklin Templeton Investment Funds (FTIF) on the iFonduri platform, expanding access to investment solutions for individual investors in Romania, according to Ziarul Financiar. The iFonduri platform, launched on Thursday, December...
Some companies in the BETPlus index are expected to deliver an average dividend yield of 3.6% in 2026, down from the 4.1% projected for a similar selection last year, according to an analysis by the TradeVille Analysis Department, Bursa.ro reported. The estimates are based...
The American company Critical Metals, which concluded an agreement with the Romanian state-owned company Nuclearelectrica for the partnership construction of a processing plant in Feldioara for the rare earths that the former extracts from Greenland, is actually controlled by the Romanian businessman Frank Timiș, who was, among other things, behind the Roșia Montană project, according […]
West Beton, part of West Group, produced and delivered, through its three production sites, more than 200,000 cubic meters of ready-mix concrete in 2025. Over 90% of total deliveries went to residential projects, including HILLS Nord, the third phase of Nusco City, and developments by companies such as Hagag or Pedro Construct. The rest of […]
The government has added four more companies to the list of the first 17 that entered the reform process and the analysis of the Interministerial Committee for Supporting the Implementation of Reform 9 (CNR9), led by deputy prime minister Oana Gheorghiu. These are CNCAF Minvest, Romaero, CNMPN Remin, and Avioane Craiova, companies from the portfolio […]
