Romania will help the Republic of Moldova to prepare, put its reforms into practice and improve its economic performance, with a view to becoming an EU member state, on Thursday said, in Brussels, president Klaus Iohannis, ahead of attending the European Council meeting."It is clear that it needs to be worked both sides. The Republic of Moldova must implement the reforms, the state institutions must function in such a way as to correspond to the European expectations, to respect all the European values. In many areas in the Republic of Moldova, when we talk about the economy, it is necessary to create for the first time the conditions of level playing field, as it is called, i.e. a equitable, fair competition and independence of producers and regulators and so on. There are many issues that need to be resolved by Moldova in Moldova. At the same time, there must be a strategic clarity within the Union: we either want or do not want Moldova to become a member state. Romania wants this, I have said it many times, and we can help them, we, Romania, can help them prepare, to put into practice their reforms, to improve their economic performance and we will do all these things," said the president, before attending the European Council meeting.President Klaus Iohannis on Wednesday attended the Eastern Partnership Summit.
Economy minister Radu Miruţă (USR) announced on October 18, after the conclusions of the report of the prime minister's control body regarding the disaster at Praid salt mine, which was flooded earlier this year, that he asked the Salrom management to resign but they refused, he asked for a meeting and they refused again, and […]
The individual investors placed orders for RON 47.4 million (EUR 9.5 million) worth of shares put up for sale by cold cuts producer Cris-Tim (BVB: CHF) under the Bucharest Exchange IPO, according to Ziarul Financiar reporting after the first day of the public offering. Some 67% of the tranche for individual investors...
Electricity supplier and provider Electrica (BVB: EL), with the Romanian state as the largest shareholder, began the procedure for obtaining the necessary permits for the construction of 15 electricity storage battery parks, with a capacity of approximately 1 GWh. The project is scheduled for completion by 2030. Electrica will thus capitalise on land it already […]
GE Vernova announced that it has entered into an agreement with Portugal's Greenvolt International Power to supply, install, and commission 42 onshore wind turbines with a capacity of 6.1 MW each to power a wind farm in southern Romania (Ialomița County), according to Economica.net. ...
The general government budget deficit in Romania increased by 7% y/y and reached RON 103 billion (EUR 20 billion) in January-September, according to data published by
Romanian gas producer Romgaz (BVB: SNG) has filed an action with the European Court of Justice against the European Commission, requesting the annulment of certain regulations that impose CO2 storage quotas on oil and gas companies. The company considers the quotas disproportionate. It is the first time that Romgaz has initiated a direct action against […]
