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/)
eXp Realty, a leading independent real estate brokerage and a subsidiary of eXp World Holdings (Nasdaq: EXPI), has officially entered the Romanian market as part of its ongoing global expansion. The company also launched in Turkey, Peru, Japan, Ecuador, and South Korea in 2025. The company reported third-quarter sales volume of USD 54.1 billion and […]
About 75% of Romanian employees say that work plays an important role in their lives, but is not their life’s main purpose. Moreover, only 9% of Romanian employees are completely disengaged at work, according to a Pluxee-Ipsos study that surveyed 8,700 employees across 10 countries. Far from confirming the “Great Detachment,” the study presents several […]
The Romanian chain of stores Contakt, a leader in mobile phone accessories retail, announced its entry into the Czech market this week. The company is currently conducting an initial public offering (IPO) on the Bucharest Stock Exchange (BVB). Contakt has already signed for two locations in Prague, in premium retail areas located in high-traffic malls. […]
Romania is expected to be affected by a mass of Saharan dust between November 21 and 23, according to the National Meteorological Administration (ANM), as reported by Digi24. The airborne particles, carried by a south-westerly air flow, will spread across much of the country, with dust deposits becoming visible particularly in areas...
Romania’s business landscape has undergone a significant transformation, with company revenues tripling and profits increasing more than fourfold between 2008 and 2024, according to a comprehensive study released by Termene.ro. Based on official financial data, the research highlights what analysts describe as the country’s entry into a “new normal” of economic maturity. The study showed […]
The former Romanian midfielder Gheorghe Hagi is in 82nd place in the ranking of the greatest footballers of all time, compiled by international sports magazine The Athletic, cited by TuttoMercatoWeb. In the opinion of The Athletic, the greatest...
