The Minister of Energy, Virgil Popescu, participates, as co-president, in the works of the 6th session of the Inter-governmental Committee for commercial-economic and technical-scientific cooperation between Romania and the Republic of Azerbaijan, on which occasion he conveyed Romania's interest in diversifying the routes and sources of energy supply, but also for investments in the petrochemical industry and other vital areas for the economy."We are strategic partners and we cooperate in many areas. We have a very active political dialogue. As I mentioned, I am on my fourth visit here since the beginning of the year. The organization of the Joint Inter-governmental Committee Romania - Azerbaijan represents an excellent opportunity to increase bilateral trade between the two states and to offer companies the opportunity to conclude new partnerships and identify new investment opportunities. At the same time, we have conveyed again that we are interested in diversifying the routes and sources of energy supply, but also in investments in the petrochemical industry and other areas vital to the economy," the minister wrote on his Facebook page on Thursday.The Romanian delegation also includes Adrian Chesnoiu - Minister of Agriculture, Vasile Soare - Ambassador of Romania to Azerbaijan, alongside several secretaries of state with the ministries of Energy, Labor and Social Protection, Transport, Economy, and representatives of Romanian companies in energy. (Photo:https://www.facebook.com/VirgilDPopescu)
Train ticket prices will rise by nearly 10% starting December 14, when the new 2025–2026 railway timetable comes into effect in Romania, officials confirmed on Wednesday, as reported by Agerpres. The increase of 9.88% reflects the annual inflation index published by the National Institute of Statistics (INS), in line with...
Deputy prime minister Oana Gheorghiu will lead a working group tasked with reforming Romania's loss-making state-owned companies, prime minister Ilie Bolojan said in an interview with ProTV, as reported by G4media.ro. Her predecessor, Dragos Anastasiu,
Romanian prime minister Ilie Bolojan, on November 19, in an interview given to ProTV and quoted by Hotnews.ro, explained that the pension-wage cumulation ban will apply only to the so-called special pensions, namely those not based on past contributions, as opposed to all pensions as implied by Social Democrat (PSD) labour...
Statements by Romanian prime minister Ilie Bolojan about cutting by 10% the total personnel budget for all ministers and other similar contracting units, as opposed to only the central administration of the respective bodies, prompted on November 19 a radical reaction from the Social Democratic Party (PSD) and trade unions in the public sector. No […]
Romania’s Ministry of Labour unveiled for public consultations the revised law on magistrates’ pensions, and the government, in a press release, expressed its hope that the approval process, including by the Superior Council of Magistracy (CSM), will proceed expeditiously. However, CSM vice president Claudu Sandu has already publicly rejected the law as insufficient. The bill is […]
PPC, the largest power supplier in Greece, also active in Romania with distribution, production, and supply operations after it took over Enel's operations in the country, announced at the Capital Markets Day event investment plans worth EUR 3 billion over the next three years in Romania, according to Economica.net....
