Senior representatives from the public and private energy sector are meeting on Tuesday at the Palace of Parliament in Bucharest at the Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) Business Forum and the Green Cities Alliance event to discuss energy security, energy transition, infrastructure projects and how cities are implementing strategies to accelerate clean paths.The events take place during the fifth meeting of the P-TECC, organized by the U.S. Department of Energy, the Romanian Ministry of Energy and the Atlantic Council, and will continue on Wednesday with a ministerial meeting, which will focus on the role of industrial policy in achieving our transatlantic energy security and climate goals.Among the speakers who confirmed their presence, there are prime minister Marcel Ciolacu, the secretary of Energy at the U.S. Department of Energy, Jennifer Granholm, Romanian minister of Energy, Sebastian Burduja, the undersecretary of state for Arms Control and International Security, U.S. Department of State, Bonnie Jenkins, the undersecretary for International Trade, U.S. Department of Commerce, Marisa Lago, the Polish minister of Industry, Marzena Czarnecka, the Ukrainian minister of Energy, German Galushchenko, the Moldovan minister of Energy, Victor Parlicov, Kamil Sasko, the Slovakian first secretary of state at the Ministry of Economy, Kamil Sasko, the Greek minister of Environment and Energy, Theodoros Skylakakis, etc.
Romania’s ruling coalition will make a final decision on the magistrates’ pensions law after president Nicusor Dan meets magistrates on November 18 and will most likely promote the law on public administration employment in Parliament next week, according to media reports from prime minister Ilie Bolojan and other sources familiar with the negotiations. The coalition […]
The restaurant chain with entirely Romanian capital, City Grill Group, announced that it ended the first ten months of the year with a turnover of EUR 63.5 million, up 13% compared to the same period last year. The results "confirm the group's stability in a year marked by challenges for the hospitality industry and consolidation," […]
Sphera Franchise Group (BVB: SFG), Romania’s largest food service operator, reported record third-quarter results for 2025, marking its strongest Q3 performance to date in terms of sales and profitability. The company said on November 17 that the improvement reflects stricter cost discipline and rising contributions from its operations in Italy and the Republic of Moldova. […]
Hidroelectrica (BVB: H2O), the largest state-owned company in Romania, recorded lower operational and financial results in the first nine months of 2025 compared to the same period last year, but in line with the amended budget approved on October 31. The company's net profit fell by 34% y/y, to RON 2.3 billion, and earnings per […]
State-controlled gas producer Romgaz (BVB: SNG) may officially submit a binding offer to acquire fertiliser plant Azomureș by the end of the year, provided the final stages of its due diligence process confirm the financial, legal, and operational feasibility of the transaction. The update was provided by Gabriela Mareș, Romgaz's Director of International Relations and […]
Turkish group Tosmur Grup is close to completing a second production unit at its starch factory in Medgidia, an investment of EUR 86 million that will double the site’s current capacity by the end of this year, Ziarul Financiar reported. The project expands the company’s operations in southeastern Romania,...
