Romania still has 1.35 billion cubic meters of natural gas in its deposits (43.4% of deposits' capacity) and will still have over half a billion cubic meters at the end of March, Minister of Energy Sebastian Burduja said. He made the announcement ahead of a freezing wave that is expected to push gas imports to 5 million cubic meters per day, according to the country's gas transport system operator Transgaz.
"Romania has sufficient resources to get through this winter, even if on...
Romanian police and prosecutors conducted more than 200 searches across the country as part of the larger Jupiter 4 operation on Tuesday, November 4. The searches concern offenses like fraud, forgery of documents, counterfeiting, tax evasion, embezzlement, misappropriation of funds, and abuse of office, among others. “The Jupiter operation contributes to strengthening the efforts of […]
Evrotrust, a leading European Qualified Trust Service Provider (QTSP), has raised EUR 6.6 million in growth funding from 3TS Capital Partners to expand its operations in Romania. The investment, made from 3TS’s recently closed EUR 111 million Fund IV, will help Evrotrust bring EU-grade digital identity, e-signatures, and remote onboarding solutions to local businesses and […]
NATO secretary general Mark Rutte will make his first official visit to Romania on Wednesday, November 5, where he will be received by president Nicușor Dan at the Cotroceni Palace, the Romanian Presidency announced. The announcement comes after
AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, announced the acquisition of a 65% majority stake in Sibiu-based engineering company Gess Engineering. Gess Engineering develops and implements complex vehicle testing, validation, and integration solutions. The company provides end-to-end services, from engineering and design, prototype testing, and performance analysis, […]
eMAG, the largest online retailer in Romania, set its 15th edition of Black Friday on November 7. The company estimates sales this year at RON 940 million (EUR 184.7 million), RON 44 million more than the previous year. Overall, customers will have to choose from 100,000 televisions, 600,000 small household appliances, 1.5 million clothing items, […]
The Alliance for the Union of Romanians, or AUR, announced during a meeting on Monday, November 3, that it supports former TV presenter Anca Alexandrescu for the position of mayor of Bucharest. The elections will be held on December 7. The leadership of AUR decided unanimously to support Anca Alexandrescu, although she is not a […]
