OMV Petrom, the largest integrated energy producer in southeastearn Europe, and Saint-Gobain Romania, part of Saint-Gobain Group, signed an agreement to supply electricity from renewable sources for all Saint-Gobain facilities in Romania.
Based on this agreement, OMV Petrom will supply approximately 800 GWh of green energy to 14 Saint-Gobain locations in Romania over the next five years, the companies said. Deliveries will begin in January 2026 with the power obtained from wind and...
Social Democrat (PSD) MP Mihai Weber, head of the parliamentary defense committee, came under fire after investigative platform Snoop unveiled his EUR 140,000 hybrid Mercedes AMG GLE 53 purchased this year through a small firm that operates no more than a countryside...
Touching high public expectations for initiating reforms in the judiciary system, Romania's president Nicusor Dan explained in two consecutive interviews given to the public TVR and B1 broadcasters that "it takes time and a critical mass," but assured that he has not abandoned "at all" the idea. On the magistrates' retirement and pensions, he reiterated […]
The Romanian Ministry of Foreign Affairs (MAE) summoned the Russian ambassador to Bucharest on September 11 to convey its position of firm condemnation of the violation of Polish airspace by Russian drones, according to a ministry's press release. "The Romanian side stressed that, by its gravity, implications and scope, the incident represents an unprecedented escalation, […]
Spanish group Ecoener announced it boosts its expansion in the European Union with the upcoming construction of a 54.4 MW wind farm in Miroslovesti, in north-eastern Romania, after being awarded a Contract for Difference (CfD). The company has been awarded a 15-year contract in the Romanian government’s renewable energy tender. It plans to begin construction […]
Pinum, one of the leading door and window manufacturers in Romania, has concluded a financing agreement worth over EUR 10 million with Banca Transilvania for the development of a new factory in northern Bucharest, at Moara Vlăsiei. The total investment exceeds EUR 14 million and will allow doubling the annual capacity for manufacturing doors and […]
The state-owned company Romgaz (stock exchange symbol SNG), the producer and supplier of natural gas, convened its shareholders on October 20 to decide on the issuance of a new tranche of bonds or the supplementation of the inaugural EUR 500 million tranche, massively oversubscribed in 2024, according to a report to investors, quoted by
