Premier Nicolae Ciuca stated on Sunday, at Digi 24 that Romania does not have any risk to remain without gas and that we have as first objective to open the interconnector between Greece and Bulgaria, so that starting with the autumn we can use American liquified gas. About the offshore law, the head of the executive said that the leaders of the coalition committed to bring it into the parliament. ‘We have no risk to be left without gas. Romania imports approximately 20% of the necessary, we had meetings and discussions with the premiers of the countries in the region, that of Greece, that of Bulgaria, we had phone conversations. (…) We are connected and our first objective is to open the interconnector between Greece and Bulgaria, it will happen in June’ the premier said, in autumn, or at the end of the year we will have gas injected through this interconnector and we will use liquefied gas through the terminal in Alexandroupoli’. Asked if Romania manages to use American liquified gas, the premier said :’ of course, yes, in the autumn, or at most at the end of the year’. About the moment when Romania can get gas from the Black Sea, the premier reminded that the commitment of the leaders of the coalition had is that, during the period to come, the offshore law gets into the parliament, and said that ‘ it is not more than one month, maximum two’. The head of the government confirmed that, the discussion at this moment concerning the offshore law is 60% of the revenue for the Romanian state and 40% for the other parties: ‘ it is win-win (…) The figures are the ones you mentioned ‘ he said. ‘Those who support and present the draft must be satisfied, I don’t know much about energy and I can’t say if I need to be satisfied. There is need for a law which could ensure the exploitation of gas and Romania be the beneficiary of this draft’ the premier said.
AnimaWings, the Romanian airline founded in 2020, has introduced new all-inclusive service packages on both international and domestic flights, marking what the company describes as a first in its onboard offering. The packages, named Priority All Inclusive and Priority All Inclusive Plus, combine baggage, meals, drinks, premium seating, and airport priority services into a single […]
Property developer M Core has opened M Park Orăștie, a new retail park developed on a 23,000 sqm plot in an established commercial area of the Romanian city. The project delivers around 5,500 square meters of single-level retail space, designed to accommodate a mix of fashion, homeware, electronics, and everyday essentials retailers. The company said […]
More than 80% of the electricity production capacity of the new nuclear reactors in the works in Romania could power a Black Sea AI Gigafactory project, according to a plan laid out by the government. Romania has already secured financing and partners to develop units 3 and 4 at the Cernavodă nuclear power plant, with […]
The Institute for the Investigation of the Crimes of Communism and the Memory of Romanian Exile (IICCMER) has issued a public appeal to president Nicuşor Dan and prime minister Ilie Bolojan to demonstrate “firmness in decision-making” in order to counter what it describes as an “increasingly insidious phenomenon of pro-totalitarian nostalgia,”
AFI Romania, part of the leading real estate development, management, and investment company operating across Central and Eastern Europe, AFI Group, announced that it secured a EUR 537 million refinancing package for three major projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. The three projects included in the refinancing are among the […]
State-controlled Hidroelectrica (BVB: H2O) allegedly supplied electricity for years to politically connected companies and religious institutions without issuing invoices or collecting payments, according to public data analysed by investigative platform Recorder. The supplies...
