Energy | 3 December, 2024 at 12:38 PM
Greenvolt Group signs contract with Flora Food Group for two solar projects
Together, the two facilities will have an installed capacity of more than 2.8 MWp, generating more than 3 GW/h per year.
Together, the two facilities will have an installed capacity of more than 2.8 MWp, generating more than 3 GW/h per year.
The Middle East conflict is driving up energy prices and pushing inflation higher across CEE. Oil and gas shocks hit import-dependent economies hardest, forcing central banks to postpone planned rate cuts as markets turn risk-off, according to an analysis by ING Bank.
Two of Romania's telecommunications providers, Orange and Vodafone, have announced separate plans to test Direct-to-Device (D2D) satellite connectivity.
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.