Energy Minister Virgil Popescu wrote on Tuesday on Facebook that he is in Baku to negotiate "concrete energy cooperation deals" with Azeri officials."Today I had a working meeting with Minister Sahil Babayev, chairman of the Romania - Republic of Azerbaijan Joint Intergovernmental Commission on trade, economic and technical & scientific cooperation. In my capacity as commission chairman on Romania's behalf, I suggested that we step up the activity of this commission, given the predominant energy component in bilateral dialogue," the Minister wrote.The next session of the Joint Intergovernmental Commission will take place this year in Baku."I also proposed shaking up the activity of the Romania - Azerbaijan Energy Working Group, updating its structure and possibly organizing a new session in the near future. Talks within the Energy Working Group are likely to contribute to the implementation of the energy cooperation proposals advanced by Romania, as the direct dialogue with Azeri partners can allow the identification of new directions of cooperation in the energy sector," the government official added.Romania plans to import gas from Azerbaijan through the Southern Corridor in order to reduce reliance on Russian gas. (Photo:https://www.facebook.com/)
Photon Energy and Hyperion Renewables have signed an engineering, procurement, and construction (EPC) contract for a 34 MW solar power plant in Săliște, Romania, with plans to expand the facility to 38 MW. Construction is set to begin in the third quarter of 2025, with commercial operations expected a year later. The project, developed by […]
The presidential elections in Romania on May 18 may mark the most important political change since the fall of communism in 1989, with two scenarios radically different: a thorough radical political reform of mainstream parties, complicated by tight economic constraints, and the rise of radical political entities that increasingly resemble the hard-right movement of the […]
Romanian leading tour operator Paralela45 announced the merger with Rainbow Tours Polonia, one of the largest players in Poland, and is counting on increasing its market share in the coming years, according to Economica.net. Paralela45 signed a preliminary agreement on the merger with Rainbow Tours of Poland on May 15. ...
Romania’s average net wage increased by 9.8% y/y to RON 5,457 (EUR 1,097) in the first quarter of 2025, according to data published by the statistics office INS. In real terms, the annual growth rate was 4.8% – significant in absolute terms but the weakest in seven quarters. The net wage in Romania leaped up […]
The European Commission could trigger the formal procedure of temporarily suspending European funds for Romania, including money from the Resilience Facility, in June, according to sources consulted by G4media.ro. The...
Hollywood actor Sebastian Stan and swimming champion David Popovici, two of Romania’s most prominent international figures, have called on Romanians to vote in Sunday’s presidential runoff, where independent candidate and Bucharest mayor Nicușor Dan faces George Simion, the leader of the far-right party AUR. Sebastian Stan, who won a Golden Globe for...
