Romanian Energy Minister Virgil Popescu discussed with the President of the Republic of Azerbaijan Ilham Aliyev, in Baku, on Wednesday about cooperation in the field of energy and the supply of Europe with Azerbaijani gas, according to the Romanian minister's post on Facebook."Today [Wednesday - ed.n.] I had a discussion with Ilham Aliyev, President of the Republic of Azerbaijan. It was emphasized in the discussion that the relations between the two states are based on the principles of strategic partnership and, in this regard, the importance of the Joint Declaration on Strategic Partnership was noted. President Aliyev expressed his confidence that my visit will contribute to the expansion of energy cooperation between our countries," Popescu said.The discussion also focused on the relations between Azerbaijan and the EU, and the Azerbaijani President emphasized the successful development of these relations and noted that the signing of documents on the strategic partnership between Azerbaijan and 9 other EU Member States is a good indicator in this regard."As a representative of the Government of Romania, I thanked him for his enormous efforts to implement the Southern Gas Corridor and for his significant contribution to the security of Europe's gas supply. I also conveyed that the second phase of the development of the Southern Gas Corridor would be a remarkably valuable contribution to strengthening Europe's energy security. Romania reiterates its intention to include the transport infrastructure provided by the Romania-Bulgaria Interconnector and the BRUA gas pipeline in the plan to expand the Southern Gas Corridor to the Balkans and Central Europe," the government official went on to say.Virgil Popescu also conveyed to the Azerbaijani President that he welcomed the expansion of the activity of the Azerbaijani company SOCAR in our country and communicated the openness to run joint investment projects in the field of energy both in Romania and in Azerbaijan.
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
