The Minister of Energy, Virgil Popescu, participates, as co-president, in the works of the 6th session of the Inter-governmental Committee for commercial-economic and technical-scientific cooperation between Romania and the Republic of Azerbaijan, on which occasion he conveyed Romania's interest in diversifying the routes and sources of energy supply, but also for investments in the petrochemical industry and other vital areas for the economy."We are strategic partners and we cooperate in many areas. We have a very active political dialogue. As I mentioned, I am on my fourth visit here since the beginning of the year. The organization of the Joint Inter-governmental Committee Romania - Azerbaijan represents an excellent opportunity to increase bilateral trade between the two states and to offer companies the opportunity to conclude new partnerships and identify new investment opportunities. At the same time, we have conveyed again that we are interested in diversifying the routes and sources of energy supply, but also in investments in the petrochemical industry and other areas vital to the economy," the minister wrote on his Facebook page on Thursday.The Romanian delegation also includes Adrian Chesnoiu - Minister of Agriculture, Vasile Soare - Ambassador of Romania to Azerbaijan, alongside several secretaries of state with the ministries of Energy, Labor and Social Protection, Transport, Economy, and representatives of Romanian companies in energy. (Photo:https://www.facebook.com/VirgilDPopescu)
Premier Energy PLC, one of the fastest-growing energy companies in Romania and the SEE region, will carry out an initial public offering (IPO) on the Bucharest Stock Exchange (BVB) between May 8 and May 15, 2024. Romania's Financial Supervisory Authority (ASF) approved the IPO prospectus on Tuesday, May 7. The company is looking to sell […]
The European Bank for Reconstruction and Development (EBRD) is lending more than EUR 46 million as part of a EUR 93 million financing package to build and operate Urleasca Wind Farm, a 102 MW onshore wind farm in Romania, the institution announced. Urleasca Wind Farm is expected to generate 277 GWh a year of renewable energy […]
Bucharest and Ilfov County together form the region in Romania with the highest motorization rate, with an average of 640 cars per 1,000 inhabitants, a level close to most regions in France, Germany, Austria, and Italy, according to Eurostat data for 2022 cited by Ziarul Financiar. In the central, western, and northwestern regions of the […]
Nicolae Ciucă, the president of the National Liberal Party and head of the Romanian Senate, is increasingly looking like the party’s pick for the presidency. Ciucă, a former general in the Romanian army and an ally of current president Klaus Iohannis, also from PNL, is featured on dozens of billboards across the country. In parallel, a social media […]
The 28th edition of the European Film Festival opens in Bucharest on Europe’s Day, May 9. The event, which takes place in several cities in the country, will end this year’s run in Chișinău on June 8, the weekend of the EU Parliament elections. The program covers 40 feature films, 34 of them national premieres, […]
The multinational military exercise "Swift Response 24,” which will feature the largest airborne operations in Europe since World War II, has recently begun. The exercise will take place until May 24 in Romania, including in the Cincu range in Brașov County, according to Radio Brașov, as reported by Rador. According to the Ministry of National […]
