The Ministries of Energy in Bulgaria and Romania are working on a general framework for joint energy projects, State Secretary in the Bulgarian Ministry of Energy Nikolai Nikolov said n Bucharest, reports BTA. “We cooperate very well with Romania. In the last six months, we have worked hard with our Romanian colleagues to set up a general framework for projects,” said Nikolai Nikolov, quoted by Agerpres. The Bulgarian official added that he has confidence in the potential of offshore wind energy projects combined with the potential of the Black Sea. “We can make the region even more attractive for investors,” said Nikolov. He appreciated that it is the task of national governments to create a favorable environment for investments. “Two weeks ago we introduced a law in Bulgaria regarding the development of wind energy. Now the law is in Parliament and we believe it will pass. But we also need to work with public opinion, because we hear voices that it will affect tourism in Bulgaria . People are worried that this will affect tourism potential. Fishermen say that their catches will decrease. NGOs are worried that this will reduce biodiversity in the Black Sea. This is a new area for our region, for Bulgaria and Romania. We have to we are doing our homework,” the state secretary emphasized. At the end of his intervention, Nikolai Nikolov expressed his hope that the Black Sea can become a regional energy hub.
The Fabrica de Glucoză area is undergoing one of the fastest urban transformations in Bucharest, strengthening its position as one of the most dynamic residential and investment hubs in the northern part of the city. The modernization of infrastructure, the reconfiguration of the Dimitrie Pompeiu – Fabrica de Glucoză – Pipera axis, and the overall […]
Furnica Hotel, located near the famous Peleș Castle in the mountain town of Sinaia, and one of the landmark buildings of the Peleș Royal Domain, has been officially put up for sale by the Royal House of Romania. The hotel, whose initial purpose was to serve as housing for the staff employed by the Royal […]
The Bucharest National Opera will open the Romania–Italy Cultural Year 2026 with a gala concert in Rome on December 1, Romania’s National Day. The event, hosted at the prestigious Teatro dell’Opera di Roma, is organized by the Romanian Embassy in Italy in partnership with the Bucharest National Opera and supported by Romania’s Ministry of Foreign […]
German company Henkel, with over 500 employees in Romania, has opened a new headquarters in Bucharest, marking a fresh chapter in its three-decade presence in the local market. The space blends Henkel’s “Smart Work” concept with Romanian cultural design elements inspired by Constantin Brâncuși and traditional motifs, while a dedicated quiet zone pays tribute to […]
A couple of years ago, Romania’s Defense Ministry concluded a USD 400 million deal with Israeli company Elbit for the development of seven Watchkeeper X systems, which will be used to detect Russian operations near the border areas. The drones will be delivered in a few months, according to the manufacturer, as reported by Digi24. […]
Ruling on the draft law on the disbursement of privately-managed pensions, namely 2nd and 3rd Pillars, inked by the Financial Supervisory Authority (ASF), promoted by the Romanian government and approved with amendments by the Parliament, the Constitutional Court (CCR) concluded that the capping the single payment granted before the start of the monthly payments to […]
