The Minister of Energy, Virgil Popescu, stated on Wednesday evening that the information according to which the fuel price reached 11 lei / liter left the MOL petrol station network, and "if they had been more careful, this would not have happened".The official previously wrote on his own Facebook page that Romania has no problem with refueling at gas stations, and Romanians should not panic and queue, because stocks are sufficient."Romania has no problem with the supply of fuel to petrol stations. Today I had working meetings with representatives of Rompetrol and OMV Petrom and I received assurances that there are sufficient stocks of petroleum products and will ensure deliveries to customers. At the same time, I want to convey to Romanians they should not panic and queue up. We have enough stocks!", Popescu claimed.In the same context, the Prime Minister Nicolae Ciuca ordered the beginning of extensive controls at the petrol stations, announced also the spokesman for the Government, Dan Carbunaru."There are no real reasons for accelerated price increases in Romania. Our country has sufficient fuel stocks. Prime Minister Nicolae Ciuca has ordered the start of extensive inspections at petrol stations. The Romanian Government will not allow any attempt of market speculation", said Carbunaru. According to Virgil Popescu, the minster of Energy, due to problems at a refinery in Hungary, MOL has a shortage of fuel on the Romanian market. The company has already increased the price of fuel for transport fleets to over 10 lei per litre for diesel, minister Popescu told DIGI24 TV station.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
