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 registers one of the highest shares in Europe of people aged over 16 with disabilities who are at risk of poverty or social exclusion, according to Eurostat data processed by Monitorul Social, a project of Friedrich-Ebert-Stiftung Romania. A total of 38.4% of people with disabilities in the country were at risk of poverty or […]
New research by Revolut Business among 150 Romanian business decision-makers (CEOs, CFOs, and COOs) revealed that local companies prefer to invest their money in modernizing their IT infrastructure and automating outdated systems rather than in artificial intelligence. When asked where the largest budget increase will go this year, ‘modernizing IT infrastructure and cloud migration’ takes […]
Romania’s modern retail market surpassed the 5 million sqm threshold in 2025, following the delivery of around 190,000 sqm of new retail space, about 20% above the average of the past five years, according to an annual report by Colliers. Despite a more moderate economic backdrop, 2026 is expected to bring roughly 240,000 sqm of […]
Romanian business leaders remain optimistic for 2026, with 86% of C-suite executives surveyed in Forvis Mazars's C-suite barometer: outlook 2026 expecting growth. This is slightly below the 92% reported globally and down from 90% in 2025. While confidence is strong locally, Romanian executives are more cautious than their global peers, reflecting the region's economic and […]
As one of the largest economies in the world, Germany is without a doubt one of the best countries to do business in. Economic stability, excellent infrastructure, and trade cooperation with nations worldwide are some of the reasons to launch a company here; however, they are not the only ones. What makes Germany appealing for […]
One United Properties (BVB: ONE) recorded total residential sales and pre-sales of EUR 174.1 million in 2025, corresponding to 57,018 sqm of residential and commercial spaces. These results reflect the sale and pre-sale of 577 apartments and commercial units, as well as 768 parking spaces, and represent a 18% price increase. The 18% increase in […]
