The Azomures unit has announced the temporary suspension of ammonia production due to the price of natural gas, saying that they will produce fertilisers until the depletion of existing ammonia stock. The production was already suspended from the same reason in December 2021, being resumed in April this year. At that moment,the company said that ‘ supply with natural gas is difficult, with levels of price which lead to high prices for fertilisers, even with the help of the government’. The quoted source mentions that Azomures will produce fertilisers, until the depletion of the existing ammonia stock, but similar decisions were taken by other companies in Europe, the cause being the same, the unsustainable price from an economic point of view. ‘In Romania we continue the dialogue with the governmental authorities to apply the economic aid offered by the European Union, applied in many European countries. For example, Bulgaria offers the industry a capped price, of 72 euro MWh. Until now, Romania has not used the aid scheme for the energy intensive industries, although the European legal framework is available’Harri Kiiski, the general manager of Azomures said. The Azomures unit said that they do not take into account technical unemployment. Azomures is the most important producer of fertilisers for agriculture in Romania. Azomures supplies raw materials (urea and melamin) for several industrial objectives in Romania. The annual production (in normal functioning conditions) is 1.6 million tons of fertilisers, approximately 75% of the production being destined to Romanian farms. Azomures is part of the Swiss group Ameropa, one of the biggest traders of fertilisers and grains at global level.
The Patriarch of the Romanian Orthodox Church, Daniel, congratulated Pope Leo XIV for succeeding Pope Francis on Thursday, May 8. He expressed confidence that the new pope will continue to promote "the spirit of dialogue, peace, and cooperation between the Roman Catholic Church and the Orthodox Church." "In a world facing multiple spiritual, economic, and […]
The organizers of the Untold festival announced they will offer a RON 150 (EUR 30) voucher toward the purchase of a festival pass to anyone who votes on May 18, during the second round of the presidential elections. In an online message, Untold representatives emphasized the connection between civic participation and the future of every […]
The Open Streets program, which sees the city's major arteries close for car traffic and become pedestrian areas, returns this weekend with a program of exhibitions, concerts, and a Festival of Lights. On Saturday, May 10, at 2:00 p.m., the public is invited to the Made in Romania exhibition, which presents a selection of civilian […]
Joseph Stiglitz, the famous economist and professor at Columbia University in New York, and winner of the Nobel Prize in economy in 2001, told an audience in Cluj, Romania, that governments must stimulate exports and key sectors when facing deficits. Stiglitz was in Romania on Thursday, May 8, to receive the title of Doctor Honoris […]
The Constitutional Court unanimously validated on Friday, May 9, the results of the first round of the presidential elections. It also rejected as unfounded a request to annul the elections filed by Sebastian-Constantin Popescu, the presidential candidate of the New Romania Party, it announced. The runoff, set for May 18, will see ultranationalist leader George […]
Bucharest's culinary scene welcomes back OLEA, the JW Marriott Bucharest Grand Hotel's celebrated Mediterranean destination, now reimagined with a fresh concept that blends authentic coastal flavours with contemporary sophistication. Following an extensive transformation, OLEA reopens its doors to offer guests a refined journey through the Mediterranean's sun-drenched culinary traditions, right in the heart of Romania's […]
