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 gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
