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/)
The shares of four other companies listed on the Bucharest Stock Exchange (BVB) will be included in the MSCI Frontier, MSCI Romania, MSCI Frontier IMI and MSCI Romania IMI. Romania will thus have 30 listed companies part of the MSCI indices as of June 1, 2024. The shares of telecom group Digi Communications (DIGI)...
DP World announced on May 15 the opening of three new sites in Romania, following total investments of over EUR 130 million. The company said the projects aim to provide “a significant boost to the country’s growing status as a key hub of European trade.” Thus, Constanta, the largest container port on the Black Sea, […]
Measuring the confidence of Romanian managers and entrepreneurs in the local economy for over 4 years, the results of the 10th edition of the CONFIDEX study highlight the optimism, resilience, and adaptability of the Romanian business environment. According to the CONFIDEX study from the first semester of this year, the proportion of managers who declare […]
Alternative investment fund BT Property said on May 15 that it acquired Funshop Park Turda, Cluj county, from the Polish group Scallier. The transaction marks the fund's entry into the retail market, where it aims to expand. Funshop Park Turda retail park has over 9,000 sqm of leasable area and BREEAM-certified buildings, according to international standards. BT Asset […]
Attractive Romania/România Atractivă was launched this week with the aim of offering local and foreign tourists a new tool to explore the country. The multimedia platform includes 12 thematic routes in 35 counties, listing 275 landmarks to discover. The program, with a value of over RON 36.3 million, is part of the National Recovery and Resilience […]
It’s a packed agenda this week, with film festivals, art and jewelry fairs, events for foodies, the start of the light and music show at Bucharest’s Unirii fountains, and an anniversary but slimmed-down edition of the Night of Museums. The public in Iași can attend the events of the Romanian Creative Week, while theater fans […]
