The construction of a gas pipeline Ungheni-Kishinev is costly, and from the point of view of the risk analysis, the project is nonfeasable for a commercial company, so that it should be done on European funds, appreciated on Wednesday the chair of the National Authority for Regulation in Energy (ANRE),Niculae Havrilet. ‘ The construction of a pipeline to link Ungheni and Kishinev is an ample investment element, very costly and generally hard to recover, when it is done out of a company’s money. That is why, for commercial companies which are interested to invest, from the risk analysis, it is clear that such a project is non-feasable, although it is important to access structural funds, European funds, funds for joint interests. Thus, in Moldova, there is a network of transport, the network through which gas is handled now. The doubling of this network with a new pipeline would produce a risk for investment, both for those who invested in the existing pipeline, and for those who would invest in a new pipeline’ Havrilet said, while he was at the launching of the report Expert Forum regarding the interconnection of the gas market and the deregulation of the energy market. According to Havrilet, the Ungheni area has few consumers and only through the construction of a new pipeline to link it to Kishinev, region with important consumption in Moldova, we could consider that export to the Republic of Moldova becomes a significant one and can ensure the independence from Russian gas. ‘I think, however, that it is important to link Romania to Moldova to ensure the independence, so that we see the necessary level of investments, the risk of not recovering the investments and the fact that the new pipeline should be integrated in the transport system of the Republic of Moldova’ the ANRE representative said.
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
In a telecom market shaped by economic pressure, fierce competition, and rapidly evolving consumer habits, Orange Romania is betting heavily on network leadership as its defining advantage. With the largest 5G spectrum investment in the country’s history - around EUR 265 million - the company is doubling down on speed, coverage, and long-term infrastructure at […]
The Romanian job market was marked by extremes in 2025, according to an analysis by employment platform BestJobs. In some sectors, job-seekers dictated the rules, while in others they fiercely competed for a limited number of positions, giving employers the upper hand. In the IT sector, the limited number of available positions led to a […]
Poiana Brașov, a popular mountain resort in central Romania, will host a new winter event format starting in 2026, as Untold Universe launches Massif Week, scheduled to take place between February 27 and March 8. The initiative is designed to diversify the resort’s winter offering and extend the tourist season through a series of indoor […]
A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
