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.
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
