Romania’s interim president Ilie Bolojan is set to appoint former prime minister Dacian Cioloș as honorary advisor starting March 20, according to an announcement from the Presidential Administration. He will be responsible for involvement in coordinating and monitoring the implementation of Romania’s strategic partnerships.
Dacian Cioloș served as the prime minister of the technocratic government between November 2015, after the Colectiv nightclub fire led to the...
Romania will work with Turkey and Bulgaria to monitor compliance with the Russian-Ukrainian 30-day ceasefire in the Black Sea (if it eventually happens), interim president Ilie Bolojan said at the end of the Paris summit of the "Coalition of the Willing." He also said that the decision on "a numerical increase in NATO forces on the […]
Romania’s main natural gas producer, Romgaz (BVB: SNG), plans to pay a dividend with a yield of just 2%, according to Profit.ro quoting a company’s note to investors. The Board of Directors of Romgaz (SNG) convened the shareholders for...
The Romanian hydropower group Hidroelectrica (BVB: H2O) called shareholders on April 29 to approve the distribution of RON 4 billion as dividends, according to a note to investors. The proposed dividend accounts for almost the entire RON 4.1 billion net profit achieved last year. The gross dividend per share is to be set at RON […]
OMV Petrom, one of Ukraine's largest gasoline suppliers, has started shipping gasoline to Ukraine by road, whereas until now, transport was only done by rail, Economica.net announced, quoting Ukraine's Enkor. The declared capacity of the new source is 5,000 tons per month and the terminal serves vehicles...
The copper and gold mining project developed by the Canadian mining company Euro Sun Mining in the Rovina area in Hunedoara County, just shortlisted by the European Commission under the Critical Raw Material Act (CRMA), lost its environmental permit last year, and Hungary's consent is needed for getting a new one, according to
Romania will receive EUR 1.3 billion out of the EUR 2 billion (pre-financing not included) envisaged under the third Resilience Facility request sent to the European Commission and has six months to meet all targets and get the rest of the money, the Ministry of Investments and European projects (MIPE) announced. Romania has completed the […]
