October 31, 2024 The Black Sea is of critical geostrategic importance – a key sea lane for global trade, security, energy and humanitarian efforts. On International Black Sea Day, we reaffirm United States support for a Black Sea that is secure, prosperous, interconnected, and free from threats of military aggression, economic coercion, and malign influence, including those posed by Russia’s unprovoked and illegal war against Ukraine. United States engagement in the Black Sea region is based on deep ties of friendship, shared values, and recognition of its strategic importance. Together with Allies and partners in the region, we support efforts to reinforce the free flow of trade in the Black Sea, to develop new energy sources, and to protect the region’s rich cultural heritage. U.S. engagement in regional groupings – including the Bucharest Nine (B9), the Three Seas Initiative (3SI), and NATO – along with a persistent U.S. military presence at Mihail Kogalniceanu Air Base and in Deveselu, contribute to regional security, stability and prosperity. Romania has played a vital role in fostering greater international cooperation in the Black Sea, working to create safe shipping lanes for the export of Ukrainian grain, partnering with Bulgaria and Türkiye to clear mines, and collaborating with the United States and other partners to combat foreign information manipulation in the area. We look forward to continuing our close cooperation with Romania in support of a secure and prosperous Black Sea region. By U.S.Mission Romania (Photo:https://x.com/ambasadasua)
The City Hall of Brașov announced that artificial snow production has started in Poiana Brașov, preparing the slopes for the upcoming ski season. Snow cannons and lances were activated on Friday morning, November 15, as temperatures reached -6 degrees Celsius at the top of Postăvaru Massif. “Considering the favorable weather conditions, with low temperatures in […]
The big prize of the Romanian Lottery's 6/49 game was won on Thursday, November 14. The winning ticket, which brought almost EUR 9.6 million (RON 47.7 million) to the lucky player, was played at an agency in Galaţi and featured 630 combinations and one "noroc" play, costing a total of RON 4,413, the Romanian Lottery […]
New record: sales of RON 1.14 billion in the first 9 months, higher by 6.4% compared to the same period in 2023 Normalized net profit increase of 66.3% compared to 9 months 2023, to RON 71.4 million, almost 90% of the normalized profit of the entire previous year EBITDA margin reached 11.3% in the first […]
Romania's interior minister, Cătălin Predoiu, expressed cautious optimism about the country's prospects for full Schengen accession following a meeting scheduled for November 22 with Austrian interior minister Gerhard Karner. Speaking on local news channel Antena 3, Predoiu stated that "the pieces are quite well placed" for progress on accession with land borders,
Romgaz (BVB: SNG), the largest producer and main supplier of natural gas in Romania, will list its first bond issue, worth EUR 500 million and aimed to finance the Neptun Deep offshore gas project, on the Bucharest Stock Exchange on November 19. In October, Romgaz issued the first EUR 500 million tranche of a EUR […]
Left without heating after a coal-fired unit at Electrocentrale Craiova broke down, Ford Otosan’s automobile plant in southern Romania ceased operations on November 13, Profit.ro reported. The losses at the factory that is producing some 1,000 automobiles and 1,700 EcoBoost...
