The Minister of Energy, Virgil Popescu, will take part in the following days in the Advisory Council of the Southern gas Corridor, an event which takes place every year in Baku, the Republic of Azerbaijan, according to his Facebook page."Today (Thursday, ed. n) I had a bilateral meeting with the Azeri Minister of Energy, Parviz Shahbazov. I sent a message that Romania grants a special importance to the Strategic Partnership with the Republic of Azerbaijan and congratulated the lasting, extremely fruitful collaboration in the energy sector. I congratulated him for the significant contribution the Southern gas Corridor had in this sense, since it became operational, proving to be extremely efficient and useful in this very difficult energy context that we have faced, especially from the standpoint of the natural gas major deficit," the Minister wrote."Furthermore, I assured my counterpart that Romania will support a tighter collaboration between the European Commission and Azerbaijan for increasing the volume of natural gas delivered to Europe, as well as diversifying sources of transport and supply. I also told the Azeri part that Romania is open as regards the increase of the SOCAR company's investments in our country, both in the field of electricity production, as well as in the area of chemical fertilizer market. We are open to a possible collaboration between Romania, Azerbaijan and Georgia for building together an underwater cable for the transportation of electricity, underneath the Black Sea. It was a meeting with good perspectives for Romania," the post also reads. (Photo:https://www.facebook.com/)
Romania's gross domestic product (GDP) remained largely unchanged in the first quarter of 2025 compared to the previous quarter, according to flash estimates published on May 15 by the National Institute of Statistics (INS). The economy recorded a growth of 0.2% in gross series and 0.5% in seasonally adjusted series compared to the same quarter of […]
Iulius Mall Suceava has officially inaugurated its EUR 40 million expansion that transformed it into “the largest retail and entertainment hub in northern Romania,” according to the official announcement. Developed by IULIUS and Atterbury Europe, the project adds 16,500 sqm of new retail space, bringing the mall's total area to 60,000 sqm. The expansion introduces […]
The European Bank for Reconstruction and Development (EBRD) announced the launch of the second edition of its Star Venture program in Romania this week, following a first edition in 2022. The program provides high-potential startups with business expertise and access to finance. After the round of applications, 10 promising startups were shortlisted to showcase their […]
Non-profit BookLand started building last year a pre-university, dual-system campus in the village of Vultureşti, in southern Romania’s Argeş county. The campus will train pupils in various specializations, allowing them to work in industries ranging from hotels & restaurants to retail and food. More on how the project got off the ground and what it […]
Armenian Street Pop-Up: All That Jazz, an event focusing on the city’s Armenian neighborhood, community and living heritage, takes place on the weekend of May 24 – May 25. The first edition, meant as an overture to the Armenian Street Festival, brings to the fore the cultural heritage of the Armenian community in Romania and […]
One year after its launch, Attractive Romania/România Atractivă - part of Romania's first national program dedicated to cultural tourism - announced major milestones, including more than 280,000 active users and over 60,000 downloads of its mobile app. The platform has become the second most popular Romanian tourism app, after Munții Noștri. Initiated by the Ministry […]
