Romanian authorities are reportedly investigating a potential case of Russian sabotage involving the deliberate contamination of Azerbaijani crude oil intended for OMV Petrom’s Petrobrazi refinery, G4media.ro...
The government approved the memorandum under which Romania will be able to continue providing technical and financial assistance to the Republic of Moldova in several areas, to support its European path, said Government spokesperson Dan Carbunaru."The memorandum approving the negotiation and signing of the agreement between the Government of Romania and the Government of the Republic of Moldova on the implementation of the technical and financial assistance program based on a non-reimbursable financial aid of 100 million euros granted by Romania to the Republic of Moldova has been endorsed. Practically, the Government has given its go-ahead for the negotiations and the signing of a new agreement under which Romania will continue to provide technical and financial assistance to the Republic of Moldova to support its European path, given that the old agreement allowing Romania to finance important projects in the Republic of Moldova was no longer in force as of March 28 last year," Dan Carbunaru told a news conference at Victoria Palace on Wednesday."Through the old agreement, Romania technically and financially supported projects such as the rehabilitation and modernization of 1,000 kindergartens, schools in the Republic of Moldova or the development of the Iasi-Chisinau Gas Pipeline, a strategic energy interconnection project between Romania and the Republic of Moldova. Further, the agreement will include provisions for the development of cooperation in the energy sector, transport infrastructure, environmental protection, combating climate change, public works and infrastructure, SMEs, media independence, public administration reform, Home Affairs, Health, Education, Culture and Heritage, Research and Tourism," Carbunaru also specified.
Romanian authorities are reportedly investigating a potential case of Russian sabotage involving the deliberate contamination of Azerbaijani crude oil intended for OMV Petrom’s Petrobrazi refinery, G4media.ro...
Romania’s minister of environment Diana Buzoianu appointed two controversial members to the board of directors of Romsilva, the state forestry management company, on August 7, despite public concerns over their integrity,
Romania's banking sector has recorded the highest profitability in the European Union, despite maintaining one of the lowest loan-to-deposit ratios in the bloc, Ziarul Financiar reported, citing a report by the National Bank of Romania (BNR) based on European Banking Authority (EBA) data. According...
Non-EU e-commerce platforms that sell directly to consumers in Romania may generate tax losses of about RON 10.86 billion (some EUR 2.12 billion) per year by 2027 if their expansion continues at current rates, according to an impact analysis published by the Romanian Association of Online Stores (ARMO) and carried out by independent analyst Iancu […]
Nofar of Israel, which already operates the largest photovoltaic park in Romania, may receive a loan of EUR 68 million from the European Bank for Reconstruction and Development (EBRD) for three large photovoltaic parks that it is developing in the south of the country. The EBRD’s project is in the exploratory stage. The total capacity […]
Three major Romanian power producers burning fossil fuels, namely OMV Petrom, Romgaz, and CE Oltenia, are reportedly asking the Ministry of Energy to reimburse them for the value of the CO2 certificates purchased for the power produced and sold at a capped price (RON 450 or RON 400 per MWh, depending on the period), in […]