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/)
Romania’s leading investor and developer of sustainable residential, mixed-use, and office real estate projects, announces the acquisition of a 5,755 sqm plot of land at 110-112 Barbu Văcărescu Street. The company plans to develop a mixed-use tower on the site, in an area that pairs proximity to nature with easy access to Bucharest’s main business […]
AmpliFY ONG and Orange Foundation, through the Orange Digital Center program, are launching Digital Builders, a program that helps Romanian NGOs manage their data more efficiently, simplify monitoring processes, and better assess the impact of their activities. The project runs from September to December 2026 and brings together NGO representatives, student volunteers, and experts to […]
More than 636,000 homes were completed in Romania between 2016 and 2025, equivalent to almost 33 new homes per 1,000 inhabitants, according to an analysis by Cushman & Wakefield Echinox based on housing completion data compiled for the 2016-2025 period. These figures place Romania broadly in the middle of the 21 European markets included in […]
Artificial intelligence is bringing increasingly clear benefits to medicine worldwide. Doctors are spending less time on paperwork, while the number of patients treated each week is rising. These are the findings of the Future Health Index, the largest global study of its kind, conducted by Royal Philips. The study surveyed more than 2,000 healthcare professionals […]
Major banks are stepping into the spotlight this week to reveal their latest corporate performance, offering a key test of strength after five straight weeks of market declines. Investors are looking for evidence that rising interest income can offset higher funding costs and growing economic pressures. The US banking sector ETF posted five consecutive weeks […]
A 55-square-metre flat, bought with a 15% down payment and a 25-year mortgage, would take 56.3% of the average net salary. After the mortgage payment and a minimum cost-of-living basket, an employee on an average income would be left with EUR 47 a month. The calculation, made by the Institute for Visionary Cities (IOV) and […]
