The Minister of Energy, Virgil Popescu, will take part in the following days in the Advisory Council of the Southern gas Corridor, an event which takes place every year in Baku, the Republic of Azerbaijan, according to his Facebook page."Today (Thursday, ed. n) I had a bilateral meeting with the Azeri Minister of Energy, Parviz Shahbazov. I sent a message that Romania grants a special importance to the Strategic Partnership with the Republic of Azerbaijan and congratulated the lasting, extremely fruitful collaboration in the energy sector. I congratulated him for the significant contribution the Southern gas Corridor had in this sense, since it became operational, proving to be extremely efficient and useful in this very difficult energy context that we have faced, especially from the standpoint of the natural gas major deficit," the Minister wrote."Furthermore, I assured my counterpart that Romania will support a tighter collaboration between the European Commission and Azerbaijan for increasing the volume of natural gas delivered to Europe, as well as diversifying sources of transport and supply. I also told the Azeri part that Romania is open as regards the increase of the SOCAR company's investments in our country, both in the field of electricity production, as well as in the area of chemical fertilizer market. We are open to a possible collaboration between Romania, Azerbaijan and Georgia for building together an underwater cable for the transportation of electricity, underneath the Black Sea. It was a meeting with good perspectives for Romania," the post also reads. (Photo:https://www.facebook.com/)
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 […]
