Romania is interested to import LNG (liquefied natural gas) from Israel via Egypt, to put to value all opportunities for the consolidation of our own energy security, according to the minister of energy, Virgil Popescu. ‘The strengthening of the bilateral relations between Romania and Israel, especially in the domain of energy, is an important objective to meet. These days, together with Cosmin Ghita – CEO SNN, Bogdan Badea – CEO Hidroelectrica, Aristotel Jude – CEO Romgaz and Razvan Popescu – CFO Romgaz we are paying a visit to Israel. We aim at cooperation on a large scale in the energy sector: gas, electricity, RES and other technologies.This morning we had a very good dialogue with the representatives of the company NewMed Energy, the company of the Delek group, which exploits the biggest offshore gas deposit in Israel. We told them that we are interested in the various sources of supply and we can import LNG from Israel via Egypt. We have to put to value all opportunities to strengthen the energy security of Romania’ wrote, on Monday on Facebook the minister of energy.
Almost 68% of Romanians say they would like the level of foreign direct investment in Romania to increase (versus 15% who would like to see fewer foreign investors), according to a poll "on the population's attitude regarding economic patriotism and the vulnerabilities of the democratic regime," conducted by INSCOP at the behest of the Concordia […]
Belgian logistics real estate developer WDP has announced a EUR 52 million investment in expanding its logistics infrastructure in Dragomirești, on the outskirts of Bucharest, as part of a broader EUR 107 million development program also covering Ridderkerk in the Netherlands, according to
Romanian telecommunications group Digi Communications (BVB: DIGI) announced on April 10 that its subsidiary Digi Romania concluded on April 9 a notification regarding an additional credit facility of EUR 200 million to a senior facility agreement dated April 21, 2023, according to a note sent by the group to investors. The facility has a maturity […]
German discount store chain Penny plans to reach a network of 1,000 stores in Romania by 2035, from 417 currently, and earmarked a budget of EUR 3 billion for local development, according to the company's CEO Daniel Gross, quoted by Revista Progresiv. "In our first analysis...
No price hikes are expected in the short term while the prices might decrease in the long term, Romanian finance minister Tanczos Barna told news channel Digi24, commenting on the effects of the tariffs imposed by the...
Romania's rapidly rising public debt remained steady through January, ending the month at RON 964.4 billion (EUR 193.8 billion), or 46.8% of GDP, according to data published by the Finance Ministry. With no FX or Fidelis bond issue to households in the first month of the year, the public debt has remained constant. However, EUR 4 […]
