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.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
