Electrica announces the completion of the competitive procedure for the selection of an EPC Contractor and the signing, by its wholly owned subsidiary New Trend Energy, of the contract for the Satu Mare 3 photovoltaic project.
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.
Premier Energy has signed an up to €825 million Bridge Facility Agreement with J.P. Morgan and UniCredit to fund the acquisition of the Evryo Group, including its electricity distribution subsidiary, Distributie Energie Oltenia, as well as to refinance approximately €100 million of current indebtedness.
The Competition Council has authorised the transaction through which Pavăl Holding intends to acquire the Carrefour group in Romania.
Romanian construction company Concelex recorded revenues of RON 1.48 billion (€296 million) in 2025, representing a 17 per cent increase compared to the previous year.
Softronic Craiova has completed the modernisation of the 19 electric locomotives contracted by national rail operator CFR Călători through the National Recovery and Resilience Plan (PNRR).
Hagag Energy, the energy investment platform of international investor Hagag Europe, has appointed Pavel Ciubotaru as Chief Operating Officer (COO) of its Natural Gas Division.