Energy | 16 December, 2024 at 5:10 PM
MVM Group to acquire majority share of E.ON Energie Romania
The transaction, which is subject to necessary approvals is expected to close in the first half of 2025.
The transaction, which is subject to necessary approvals is expected to close in the first half of 2025.
The Agreement's key priority is the expansion of the existing exploration and production cooperation and the application of MOL technology in Kazakhstan.
Saint-Gobain Romania and OMV Petrom sign an agreement for the purchase of electricity from renewable sources for all Saint-Gobain facilities at local level.
Romania's No. 1 property developer lists first asset on the real estate tokenization platform, with two more underway in the following 12 months.
State-owned power producer Hidroelectrica has signed a turnkey contract for the project.
Romanian producer Aeta, former Electroargeș, has terminated its contract with Beko Romania following a commercial dispute over pricing adjustments for 2025 and 2026.
Bozankaya, a manufacturer of electric vehicles and urban transport solutions, has signed a new contract with Timișoara City Hall for the production of 10 trams for the city's public transport system.
YESS Power, the energy storage brand of Topkapı Endüstri, has delivered a 30MW/60MWh Battery Energy Storage System (BESS) at Mey Energy's 55 MW Novaci solar power plant in North Macedonia.
MOL Group disclosed its financial results for 2025, showing profit before tax of $1.3 billion, representing an 11% decrease compared to 2024. The Hungarian energy company faced a challenging macroeconomic environment, but strong downstream and consumer services results supported overall profitability.