Romania's OMV Petrom takes over 50% in 400MW PV project in Bulgaria

OMV Petrom (BVB: SNP), the largest integrated energy producer in Southeastern Europe, has completed the acquisition of a 50% stake in the Gabare photovoltaic project, developed by Enery in Bulgaria, the company announced. The project has an...

Romania’s B2C e-commerce volume up 10% y/y to 3.5% of GDP in 2025

The business-to-customer (B2C) e-commerce in Romania is expected to reach 3.5% of GDP in 2025, respectively a volume of EUR 12.8 billion, ranking 9th in Europe and 3rd in Central and Eastern Europe, after Poland and the Czech Republic, according...

Romania to produce drones with Ukraine to protect NATO borders

Romania’s foreign minister has said that the country hopes to quickly start producing defensive drones with Ukraine for its own needs, as well as to provide them to the European Union and NATO, writes the news agency Reuters. Toiu told Reuters...

Romania's Hidroelectrica revises 15% downward profit expectations for this year

Hidroelectrica (BVB: H2O), the largest electricity producer in Romania, has revised its revenue and expenditure budget for this year, envisaging a 15% smaller net profit due to the drought that forced it to increase the volumes of energy purchased...

French HVAC industry brand Groupe Atlantic appoints Florent Blain as plant manager in Romania

Groupe Atlantic, a French global player in the HVAC (Heating, Ventilation, and Air Conditioning) industry, announced the appointment of Florent Blain as plant manager of the group’s factory in Ploiești, Prahova County. Blain joined the company in...

People are just realising that we had a better grip on immigration within the EU

It’s almost poetic that the loudest voices now decrying Britain’s immigration numbers are the same ones who fought hardest for Brexit. Nigel Farage and the Reform Party have spent the last few weeks raging about what they call the “Boris wave” –...

Now More Shady Hunter Biden Dealings - This Time in Romania

The opinions expressed by contributors are their own and do not necessarily represent the views of RedState.com. There would appear to be no end to the shady dealings of the former First Son, Mr. Hunter Biden. Now, a new Hunter Biden scheme has...

Econergy to acquire 155MW solar project in Romania

As part of the agreement, Econergy will also assume a €14.9 million shareholder loan that Nofar Energy had previously extended to the project. The move underscores Econergy’s ongoing strategy to bolster its presence in the European solar market...

Romania plans to launch joint drone production with Ukraine, says top diplomat

BUCHAREST, October 1. /TASS/. Bucharest plans to launch joint drone production on its territory with Ukraine for domestic use as well as by European Union and NATO allies, Romanian Foreign Minister Oana Toiu said in an interview with Reuters. "We...

CFA Society Romania forecasts GDP growth below 0.5% in 2026

Romania’s economy is expected to grow by less than 0.5% in 2026, according to a report announced by CFA Society Romania on October 6 ahead of its official release one day later. The association of financial analysts said that accessing European...

Business News | Michele Morrone Lights Up Mumbai at HELL ENERGY DRINK's Grand 'WIN WITH HELL' Celebration

NewsVoir Mumbai (Maharashtra) [India], October 7: Mumbai witnessed a dazzling evening of glamour, music, and celebration as HELL ENERGY DRINK, one of the fastest-growing energy drink brands globally, hosted an exclusive event with international...

Romania seeks approval for 216 new main battle tanks in €6.5B second-phase plan

Lawmakers in Bucharest received a request to authorize the second phase of Romania’s MBT recapitalization—up to 216 new tanks plus support variants-costing at €6.5B before VAT. The filing keeps the platform open (Abrams, Leopard 2A8, K2) and would...

Romania Plans to Purchase 216 New Tanks and Localize Their Production

Romania plans to purchase 216 new main battle tanks. The procurement procedure is to begin this year. At the same time, the program includes the purchase of 76 auxiliary vehicles, including tractors and bridge pavers for armored vehicles....

Parapet and Kreutzpointner Energy Have Completed the Installation of a 40 MWp Solar Power Plant in Germany

Parapet, a company specialized in EPC services for renewable energy projects, together with Kreutzpointner Energy, a provider of electrical engineering services, announce the completion of a 40 MWp photovoltaic power plant located near Friedland,...

Romanian Main Event One-Two Brings Curtain Down on 888poker XL Autumn Series

The curtain came down on another successful XL Autumn Series at 888poker on September 30, after the crowning of the Main Event champion. The $250 buy-in RAKELESS Mystery Bounty Main Event drew in 2,319 entrants who ensure the $500,000 guarantee...

From Copenhagen to Sharm El-Sheikh: Azerbaijan’s strategy of peace and cooperation

In today’s world, marked by increasing geopolitical tensions, Azerbaijan is seen in the international arena as a successful and, most importantly, stable state, confidently pursuing an independent foreign policy grounded in its national interests....

JNC demand new framework for small-scale mining to operate with larger mining venture

Shillong, Oct 7: As part of its Save Jaintia Mission, the Jaintia National Council (JNC) has demanded a new framework which would enable small-scale mining to operate in tandem with larger mining ventures, prioritizing environmental protection and...

Michele Morrone Lights Up Mumbai at HELL ENERGY DRINK’s Grand ‘WIN WITH HELL’ Celebration

NewsVoir Mumbai (Maharashtra) [India], October 7: Mumbai witnessed a dazzling evening of glamour, music, and celebration as HELL ENERGY DRINK, one of the fastest-growing energy drink brands globally, hosted an exclusive event with international...

Econergy acquires full ownership of Romania’s largest solar power plant

Israeli renewable energy company Econergy Renewable Energy has acquired full ownership of the 155 MWp Rătești photovoltaic plant, Romania’s largest operational solar project, after agreeing to buy out its partner Nofar Energy’s 50% stake, Econergy...

Econergy buys out partner’s 50% stake in Romania’s largest PV project to date

Israeli-based Econergy Renewable Energy announced that it agreed to buy out the 50% stake held by its partner, TVSE-listed Nofar Energy, in the 155 MWp Rătești photovoltaic plant, the largest in Romania. The company announced plans to add a 120 MW...