Romanian energy group Electrica recorded a 58.2% surge in net profit for Q1 2026, driven by a transition back to competitive market mechanisms following the removal of price capping schemes.
Electrica has completed the Artificial Intelligence for Active Energy Management (AIAE) project, developed in partnership with Romanian startup Renergia and the Technical University of Cluj-Napoca.
Electrica's Board of Directors has approved new four-year mandates for its top executive leadership following a meeting on 27 March.
Romanian energy group Electrica achieved record financial results in 2025, with preliminary net profit reaching RON 1.22 billion (€245 million), representing a 159% increase compared to 2024.
Electrica has signed a memorandum of understanding with steel maker Liberty Galați for the joint development of renewable energy production and storage capacities of up to 500MW.
Power group Electrica has initiated the permitting process for 15 battery energy storage parks (BESS) with a combined capacity of approximately 1 GWh.
Power producer Electrica has finalized and commissioned a photovoltaic park with a capacity of 27 MW in Satu Mare county.
State-owned energy companies Electrica and Romgaz have signed a Memorandum of Understanding to jointly develop green energy projects with an installed capacity of up to 400 MW.
Romanian electricity major Electrica Group has announced a substantial increase in its financial performance for H1 2025, with a net profit reaching RON 421.4 million.
Power company Electrica has announced that its green bond issue worth €500 million will start trading on the Luxembourg Stock Exchange.
Power company Electrica has successfully priced its inaugural €500 million green bonds, with a five-year maturity, at a competitive 4.566% yield.
Electrica's Board of Directors has approved a 10-year Distribution Network Development Plan (2026-2035) for its subsidiary, DEER.
Electrica has signed a syndicated loan agreement worth RON 3.1 billion (€620 million), in a deal coordinated by BT and BCR, with Raiffeisen Bank acting as Sustainability Agent.
Electrica saw a net profit of RON 376.5 million (€75.5 million) in 2024, down 39.3% compared to 2023, while its operating revenues totaled RON 10.87 billion (€2.1 billion).
Electrica's shareholders have approved the issuance of green bonds, supporting the company's strategy for energy transition and sustainable development, with a cap of up to €500 million.
Schoenherr Romania successfully assisted Societatea Energetica Electrica in winning a long-term administrative contentious litigation case, with a stake worth €46 million.
The gross dividend proposed to be distributed from the individual profit is RON 0.1178 per share, and the total gross value of the dividends is RON 40 million.
Romanian authorities are making over €8 billion available this summer in EU funds and state aid for businesses and local public authorities, according to REI analysis, a consultancy group specialising in attracting non-reimbursable financing.
The National Road Investment Company (CNIR) has capitalised on European financial frameworks by signing the first two infrastructure contracts for the A8 Unirii (Union) Motorway.
A Russian Geran-2 combat drone breached Romanian airspace and crashed into a residential apartment block in the eastern city of Galați early on 29 May, intensifying security concerns along NATO's eastern flank.
Christian Tour, one of Romania's largest tour operators, has successfully completed its initial public offering (IPO), ahead of its listing on the BVB.
Electro-Alfa International, a Romanian manufacturer of electrical equipment and provider of EPC and IT services, reported revenue growth and profitability for Q1 2026. The company's total revenues reached €25.7 million, up 12.2% compared to Q1 2025. Net profit increased by 2.9% to €6.2 million, supported by a 2% increase in EBITDA, which reached €10.6 million.