A joint venture for the Caspian, Black Sea, and European 'green energy corridor' has already been set up in Bucharest, Romania, said Fagan Abdurahmanov, Head of the Renewable Energy Zones Development Department at the Azerbaijan Renewable Energy Agency (AREA). https://en.trend.az/reports. He made the remark as he addressed the energy transition investment forum for Central Asia at COP29. "One key part of our broader initiative is the creation of a new Energy Corridor with Central Asia. We’ve already signed a joint communiqué and memorandum of understanding with Kazakhstan and Uzbekistan. This energy project also includes the development of a green energy corridor," he explained. Abdurahmanov noted that the technical assignment for the project was finalized in a short time, with an Italian company selected as the consultant to prepare a technical study. This study will be similar to the one being conducted for the Black Sea route. "The next joint venture for the Central Asia corridor will have its headquarters in Baku," he added. He also mentioned that the parties are now preparing for the next phase of the project.
La French Tech Bucharest announces the third edition of its highly anticipated flagship event, Sustainability meets Profitability, set to take place on April 8th, 2025, at the Romanian - American University (1B Expoziției Boulevard, Bucharest), starting at 18:30. Sustainability meets Profitability event will explore the new regulations companies—big or small—must navigate and how they can turn […]
The builders of Romania’s important A1 Sibiu – Pitești highway are set to start the construction of a bridge over 300 meters long and at least 100 meters wide, allowing the animals of the Southern Carpathians to cross from one side to the other. The investment will pay off as a corridor for large mammals […]
The local business services industry has potential for growth, even if it will see a slower pace because the market is a mature one and given the high regional and global competitiveness, according to a report carried out by the Association of Business Service Leaders in Romania (ABSL) in partnership with Deloitte Romania. Still, the […]
Several Romanian military personnel who were on parental leave went to Congo as mercenaries, according to a statement from the Ministry of National Defense. The issue of active soldiers taking mercenary work first came up on the public agenda after PressOne...
The European Investment Bank and the government of Ukraine have agreed to allocate EUR 50 million from EIB funding to Ukraine's national railway company, Ukrzaliznytsia, for the modernization of key railway border crossings with Poland, Slovakia, Hungary, and Romania. The project includes repairs to worn-out railway tracks, the relocation of wagon inspections, the reconstruction of […]
Medicover has acquired the operations of the lab tests provider Synlab Group in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia in a transaction worth EUR 71.3 million, the company announced. The transaction was financed from Medicover's own sources. It was carried out by Medicover for its diagnostic services division, present in Romania under the […]
