Power Markets

Romania: Cernavoda Unit 2...

Unit 2 of Romania’s sole nuclear power plant, Cernavoda, was brought back online...

Montenegro: Major renewable energy...

Two significant renewable energy projects are progressing in the village of Korita, located...

Bulgaria: Solaris Holding launches...

Solaris Holding, a joint venture between Bulgarian-German solar developer Sunotec and Eurohold Bulgaria,...

Bosnia and Herzegovina: Electricity...

Gross electricity production in the Federation of Bosnia and Herzegovina (FBiH) reached 512...
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Romania: Rompetrol Rafinare reports increased Q1 2025 net loss amid market volatility and seasonal demand drop

Rompetrol Rafinare, part of the KMG International Group, posted a consolidated net loss of $37.3 million in the first quarter of 2025, up from...

Romania: Rompetrol Rafinare reports $66.7 million net loss in 2024 amid operational and market challenges

Rompetrol Rafinare, a member of the KMG International Group, reported a higher consolidated net loss of $66.7 million for the first nine months of...

Romania: Rompetrol Rafinare invests $4 million to enhance efficiency at Petromidia refinery

Rompetrol Rafinare, part of the KMG International Group, is enhancing operational efficiency at the Petromidia refinery with a $4 million investment. The company has...

Rompetrol Rafinare challenges 60% solidarity contribution in Constitutional Court

Rompetrol Rafinare, part of the KMGI Group and operator of the Petromidia and Vega refineries, has received notification from the Constanta Court of Appeal...

Romania: Rompetrol Rafinare reports $75.2 million net loss in first half of 2024, faces challenges in refining and taxation

Rompetrol Rafinare, a member of the KMG International Group, reported a net loss of $75.2 million for the first half of 2024, marking a...

Romania: Rompetrol Rafinare invested 16 million USD in two modern reactors at the Petromidia refinery

Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), introduced two modern reactors into the operational flow of the Petromidia refinery, part...
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