Prime Minister Nicolae Ciuca stated, on Wednesday, that Romania is unaffected at this time, after Gazprom has cut off the supply of gas to Bulgaria and Poland."I had a discussion, after we returned to the country this morning, with the Minister of Energy. Romania is unaffected at this time. The gas consumption is far below the production capacity that we have. You know very well that we are one of the few countries in Europe to benefit from a consistent gas resource, surely, not to the extent of our needs. We ensure for the winter period an import of approximately 20% of the need. Now, when we're discussing, alternative sources to ensure gas are sought, but, once more, at this moment Romania is not affected," said Nicolae Ciuca, in a press conference at the Victoria Governmental Palace.The Russian energy company Gazprom has announced that it has completely cut off deliveries of natural gas to Poland and Bulgaria, in the absence of payments in rubles by the two countries for the delivery of fuel, international media report. Supply will be interrupted until payments are made, Gazprom said.
Romanian prosecutors conducted searches on Friday, November 7, at the headquarters of the steel mill Liberty Galați and in several counties, in a case of embezzlement and tax evasion that includes Russian gas giant Gazprom, Economedia.ro reported. Specifically,...
Romania has begun testing the US-supplied Merops anti-drone system as part of wider NATO efforts to strengthen air defenses on the alliance’s eastern flank, defense minister Ionuț Moșteanu told local news channel Digi24. The system, already used in...
The Ministry of Development proposed to the government to analyse the opportunity to develop an investment program dedicated to the economic recovery of small towns with a population of under 25,000 in non-metropolitan areas. The financial support for the development of these towns has been so far fragmented, and competition with large cities for funds proved […]
Prime minister Ilie Bolojan said on November 6 that he hopes that the ruling coalition will manage to legislate by the end of this month the rest of the second package of budgetary measures, namely the public administration streamlining law and the law on magistrates' pensions. Unless the law on the public administration is legislated, […]
Japanese group Makita announced that it will reduce production of power tools in China for the US market due to the unpredictability of US tariffs and move this production to factories in Romania and Thailand, according to Nikkei Asia, as reported by Economica.net. The Japanese group reported business of almost EUR 640 million locally...
The Competition Council has outlined a series of concerns related to the transaction through which the Schwarz group, which operates the Kaufland and Lidl store chains in Romania, intends to take over the La Cocoș stores, according to a press release quoted by
