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 Minister of Foreign Affairs, Bogdan Aurescu, had a meeting on Tuesday with the Minister of Foreign Affairs of the Islamic Republic of Pakistan, Bilawal Bhutto Zardari, on the sidelines of the World Economic Forum in Davos.The Romanian minister presented the efforts that Romania is making in support of Ukraine, of the Ukrainian citizens who took refuge in Romania, but also in the sense of facilitating, through the Port of Constanta and the Danube River, the Ukrainian grain exports to third countries, through the transiting of the Romanian territory in order to contribute to strengthening global food security, especially in the Middle East, Africa and Asia, according to a Foreign Ministry (MAE) release .In the context of the crisis in Ukraine, Pakistani Minister Bilawal Bhutto Zardari thanked Romania for its support in the evacuation of Pakistani citizens from Ukraine, including the staff of the Pakistani Embassy in Kyiv, and praised Romania's humanitarian efforts. In his turn, the Romanian foreign minister reiterated the thanks of the Romanian side for Pakistan's support for the evacuation of Romanian and Afghan citizens from Afghanistan last year.The two ministers also discussed the situation in Afghanistan, with the Pakistani minister presenting his assessment of the country's economic, social and security challenges and possible solutions.
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 […]