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Energy Minister Grigorescu: We will closely follow possible exchange of assets between OMV Petrom, Gazprom

January 9, 2016

The Energy Ministry will closely follow, in the coming period, the topic on the possible exchange of assets between OMV Petrom and Gazprom, said Energy Minister Victor Grigorescu (photo). “We have taken note of the press release sent by OMV to clarify the aspects published in the press lately. We will follow closely, in the […]

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Romanian military aircraft evacuates 10 Palestinian patients from Gaza

A Romanian Air Force C-130 Hercules aircraft evacuated 10 Palestinian patients from Gaza on Wednesday, September 17, in a humanitarian mission coordinated with European and international partners, Romania’s Department for Emergency Situations (DSU) said.  The patients, accompanied by 28 relatives, were flown from Israel’s Ilan and Asaf Ramon International Airport to Bucharest’s 90th Airlift Base […]

One United Properties to bring hotel brand The Hoxton to Bucharest

Romanian developer One United Properties (BVB: ONE) has signed a memorandum of understanding (MOU) with lifestyle hospitality company Ennismore to open a hotel under the brand The Hoxton in Bucharest.  The Hoxton Bucharest will be located on Academiei Street, close to the University of Architecture. The hotel will rise on the site of three historic […]

Support for voluntary military service drops in Romania

Fewer than three out of four Romanians have a good opinion about the introduction of voluntary military service, a ratio slightly lower compared to a decade ago in 2015, the percentage being now lower among the AUR and PSD electorate, according to an ISCOP Research survey published on September 17 in the context of Russia […]

Romania allows US to bring more troops to Black Sea base for Middle East monitoring

Romanian president Nicusor Dan informed the Parliament that he approved a request by the United States to bring additional forces to Mihail Kogalnicanu base at the Black Sea, in light of the rising tensions in the Middle East, according to

Romania's ruling coalition defers decisions on local administration, food prices

In a couple of meetings expected to generate a breakthrough on four key topics on September 17, Romania's ruling coalition deferred a final decision on the local administration staff cutting and the prolongation of the food price capping mechanism, according to Observatornews.ro....

Hungary's MVM "withdrawing" from EU's FSR puts Romanian takeover at risk

Hungary's state company MVM responded to rumours, saying it has not abandoned plans to take over E.ON's Romanian subsidiary – but it only "temporarily withdrew from the FSR mechanism" because the approval of the investment by the Romanian authorities takes more than expected and the company needs to "balance its costs and resources," according to