Romania will reach 90 percent gas storage filling by the end of the summer season, and this will help for winter preparations, Franck Neel, OMV Petrom Executive Board member, responsible for Gas & Power, told a press conference on Wednesday.We know that the winters are no longer so cold. The trend is for winters to be milder, but there will certainly be days with peak consumption, when consumption will be very high, but not over the entire winter season. Anyway, we do not anticipate any kind of risk regarding the demand or supply side, neither in Romania nor in the region, said Franck Neel when asked by journalists about the way Romania is preparing for the winter season.According to the OMV Petrom official, the company is required to reach 5 TWh storage stock by the end of the summer, and is currently at 3.2 TWh.We injected a high capacity in July, so we are on schedule, I don't think there will be any problems. Demand in the first quarter was quite low due to the mild winter, but we saw an increase in demand during the summer, which is still good news. It means that industrial production is recovering. Our forecast is stable until the end of the year and we anticipate a fairly good recovery on the Business-to-Business side, which has been a bit behind last year, said Franck Neel.
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
NEPI Rockcastle NV, Europe’s third largest listed retail real estate company by portfolio value, has appointed Romanian Marius Barbu as Chief Operating Officer (COO) with effect from April 1, 2026. He will succeed Marek Noetzel, current COO and CEO-designate. Barbu has also been nominated as a Board Director and will stand for election at the […]
Alexandru Bologa, Paralympic champion and world leader in the J1 –70 kg category, won the gold medal at the 2025 IBSA Judo Grand Prix for the visually impaired, held in Brazil’s São Paulo. This year, Bologa became world champion, European champion, and winner of several IBSA Grand Prix events. Arriving in Brazil as the world […]
The latest feature film by Romanian director Tudor Giurgiu, 3 Days in September (3 zile în septembrie), has been selected for the Limelight section of the International Film Festival Rotterdam (IFFR), one of the world’s leading film festivals. IFFR, with an average audience of around 275,000 viewers, alongside more than 2,000 film industry professionals from […]
Romania’s interior minister, Cătălin Predoiu, and the director of the Federal Bureau of Investigation (FBI), Kash Patel, decided on Tuesday, December 16, to establish a Task Force aimed at stimulating the exchange of information and data. The exchange is aimed at improving the fight against organized crime, illegal migration, cyber threats, and illegal activities carried […]
Around 40% of Romanians living abroad want to invest in Romania, according to a new survey conducted by RePatriot, highlighting a significant potential for economic development driven by the diaspora. The research, carried out in October–November 2025 among Romanians from more than 20 countries, showed that interest in investing in the home country remains high […]
