OMV Petrom, the second largest natural gas producer in Romania and the largest integrated energy producer in southeastern Europe, has expanded its natural gas supply activities to Bulgaria, starting October, via an offering exclusively aimed at industrial consumers.
Sixty foreign direct investments were carried out in Romania in 2023, with the figure placing Romania ahead of Greece and Bulgaria, reveals EY Attractiveness Survey Romania 2024 study.
Greek group Public Power Corporation (PPC), which in 2023 took over Enel Romania assets, has signed a strategic cooperation agreement with Mytilineos Energy & Metals to develop and build a portfolio of almost 90 photovoltaic projects of up to 2,000 MW in Romania, Italy, Bulgaria and Croatia.
Romania ranks 21st among the 27 EU member states in terms of GDP per capita expressed in purchasing power, respectively 22% below the EU average, beating Hungary, Croatia, Slovakia, Latvia, Greece and Bulgaria, in line with Eurostat data.