Energy | 19 November, 2024 at 12:32 PM
Rețele Electrice companies continue digitization of distribution network
The AADMS Integrated Platform, with the power grid analysis and modeling modules, will be realized through European fund.
The AADMS Integrated Platform, with the power grid analysis and modeling modules, will be realized through European fund.
Additionally, nearly a quarter of the total online stores and partner sellers now deliver products outside of Romania.
The works will consist in making loops on medium voltage lines, supplied from the 110/20/10 kV Fratelia and Cetate transformer stations in the Timișoara area.
Greenvolt Power has secured €348 million in financing for the construction of a 253.1 MW wind project in Ialomița county, Romania.
Banca Transilvania (BT) reported a consolidated net profit of RON 4.10 billion (€804.7 million) in 2025, representing a 15.96% increase compared to RON 3.53 billion.
Romanian gas producer Romgaz recorded a consolidated net profit of RON 3.35 billion (€674.5 million) for the 2025 financial year.
State-owned power producer Hidroelectrica Group recorded a 20% fall in net profit during 2025 versus 2024 as the poor water levels significantly impacted hydropower generation and consequently the total volume of energy available for sale.
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.