Romania is interested to import LNG (liquefied natural gas) from Israel via Egypt, to put to value all opportunities for the consolidation of our own energy security, according to the minister of energy, Virgil Popescu. ‘The strengthening of the bilateral relations between Romania and Israel, especially in the domain of energy, is an important objective to meet. These days, together with Cosmin Ghita – CEO SNN, Bogdan Badea – CEO Hidroelectrica, Aristotel Jude – CEO Romgaz and Razvan Popescu – CFO Romgaz we are paying a visit to Israel. We aim at cooperation on a large scale in the energy sector: gas, electricity, RES and other technologies.This morning we had a very good dialogue with the representatives of the company NewMed Energy, the company of the Delek group, which exploits the biggest offshore gas deposit in Israel. We told them that we are interested in the various sources of supply and we can import LNG from Israel via Egypt. We have to put to value all opportunities to strengthen the energy security of Romania’ wrote, on Monday on Facebook the minister of energy.
Romanian police announced they recovered a stolen bronze statue by French sculptor Emile-Antoine Bourdelle, valued at approximately EUR 15,000. The artwork was taken from France in 2018 and surfaced in Constanța, where officers from the Criminal Investigations Directorate intercepted an attempt to sell it. On February 27, 2025, acting on intelligence...
Romanian telecom group Digi Communications (BVB: DIGI) reported 14% higher consolidated revenues due to strong growth in Spain and launch of operations in Portugal. The group’s gross profit went up almost sixfold to EUR 539 mln, following the sale of its fiber network in Spain. “2024 was a transformative year for Digi, as we strengthened […]
Prosecutors from Romania’s High Court of Cassation and Justice requested a 30-day preventive detention measure for Horațiu Potra, his son, his brother, and 18 other individuals charged with attempted actions against the constitutional order. Horațiu Potra and his two relatives have not been located, and there are indications that they are not in the country. […]
Romania has been downgraded to a "hybrid regime" in the 2024 Democracy Index published by The Economist Intelligence Unit (EIU) on Thursday, February 27. Its score dropped from 6.45 to 5.99, pushing it out of the "flawed democracy" category and down 12 places to rank 72nd globally, between Moldova and Papua New Guinea,
Banca Transilvania (BVB: TLV), the biggest financial group in Romania, recorded substantial growth in 2024 through both organic expansion and the strategic acquisition of Hungarian group OTP’s subsidiaries in Romania. At the end of 2024, Banca Transilvania Financial Group reported...
2024, a new year of growth for Sphera Group: sales of RON 1.5 billion (+5,4%), net profit of RON 97.2 million (+22%) and EBITDA of RON 176.9 million (+19.6%) Significantly improved profitability for KFC Romania, which achieved a net profit of RON 100.2 million (+15.5%), and Taco Bell, which increased its net profit almost six […]
