Chairman of the Management Board of JSC NC KazMunayGas, Askhat Khassenov, met today with the Prime Minister of Romania, Marcel Ciolacu, in Bucharest. Both parties confirmed the importance of strengthening the Kazakh-Romanian economic cooperation considering the activity of KMG International (Rompetrol), a subsidiary company of KMG in Romania. KMG International is among the top five largest taxpayers and one of the largest employers in the country . Despite the current challenges in the international energy market, Kazakhstan remains a reliable partner and a key supplier of petroleum products, contributing to the energy security. “Romania is our most important partner in the European Union, which is confirmed by substantial oil supplies and KMG's role in the domestic refining industry. Over time, Petromidia’s refining capacity has grown to 5.5 million tons annually. The refinery is among the most advanced in the area, with an 88% yield of white petroleum products”, stated Askhat Khassenov, Chairman of the Management Board of KazMunayGas. Also, aspects of the investment climate, as well as ensuring reliable and sustainable operation of KazMunayGas assets in Romania were discussed. The Chairman of the Management Board of KMG also met today with Sebastian Burduja, the Romanian Minister of Energy. The parties talked about potential avenues and prospects for further cooperation in the oil and gas field. (Photo:JSC NC KazMunayGas)
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
