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.
One of the hostages released on Saturday, February 22, by the terrorist organization Hamas also holds Romanian citizenship. The exchange took place before another setback in negotiations and exchanges. Hostages Tal Shoham and Avera Mengistu were released during a staged event in Rafah, and hostages Eliya Cohen, Omer Shem Tov, and Omer Wenkert were released […]
Polish company Scallier, who is expanding its network of Funshop Park retail parks in Romania, is set to open a new shopping center in the Arad region. The opening date for the roughly 10,000 sqm retail park is March 6. The decision to build a retail park in the Arad region in western Romania was […]
Morphosis Capital Fund II has made its first investment outside Romania by acquiring a minority stake in EnduroSat, a leading European provider of high-end satellites and space services. The investment is part of a broader funding round aimed at accelerating EnduroSat’s expansion in the fast-growing "New Space" industry. EnduroSat, founded by Raycho Raychev, specializes in […]
Approximately 11.2 million Ukrainian citizens have entered Romania during the three years of war, the Romanian Border Police reported on Monday, February 24. In total, from February 10, 2022, to February 23, 2025, a total of 11,191,703 Ukrainian citizens have entered Romania. Globally, around 7 million Ukrainian refugees reside in other countries at the moment. […]
February 24, 2025, marks three years since Russia's invasion of Ukraine. In this context, interim president Ilie Bolojan reaffirmed Romania's full commitment to Ukraine's freedom, sovereignty, and independence. In a post on X, the Romanian leader said, "As we count 3 years since Russia's full-scale invasion against Ukraine, Romania reaffirms its full commitment to UA's […]
The US bases in Romania "are maintained and will even increase in importance," the US special envoy for Ukraine and Russia, Keith Kellogg, reportedly told Romanian foreign minister Emil Hurezeanu, according to Hotnews.ro. Kellog made...
