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.
Wizz Air announced on Monday, December 8, the reopening of its base in Târgu Mureș, marking the company’s ninth operational base in Romania. The low-cost carrier will station an Airbus A320neo at Transylvania International Airport, increasing its Romanian fleet to 39 aircraft this winter. Wizz Air now offers 10 routes to eight countries from […]
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
