The Presidents of Romania and Bulgaria Klaus Iohannis and Rumen Radev discussed on Tuesday the diversification of energy sources and transport routes amid efforts to reduce energy reliance on the Russian Federation."With the mounting need to reduce energy reliance on the Russian Federation, we discussed the diversification of energy sources and transport routes. We also emphasized the importance of the speedy commissioning of the Bulgaria-Greece interconnector. Once completed, this can be connected to the already operational BRUA pipeline for the key important Vertical Gas Corridor to become operational," President Iohannis told a joint press conference delivered with his Bulgarian counterpart at the Cotroceni Palace.Klaus Iohannis brought to mind that he had also discussed the matter with Greek Prime Minister Kyriakos Mitsotakis, and there are promises for the interconnector to be switched on by the end of this year."And then we can benefit via Bulgaria from liquefied natural gas that will be unloaded off the Greek port [of Alexandroupolis]. On the other hand, work is underway on other alternative gas supply routes and we are in advanced negotiations with several sources. It is obvious that by the beginning of the winter of 2022 - 2023 we must have viable gas supply alternatives in place," Iohannis added.President Radev noted that the Bulgaria-Greece interconnector is several years behind, but stressed that effort is put in to recover the delay. According to the Bulgarian President, the company in charge of the project has promised that works will be completed in July.The initial transmission capacity is 3 billion cubic meters per year, this is in fact the annual consumption of Bulgaria, and it can be increased to 5 billion, and as far as I know Romania's gas output is of over 11 billion cubic meters per year, said the Bulgarian President.
The service center for the banking Societe Generale Group, the Societe Generale Global Solution Centre, announced the appointment of Laurent Mirjol as Chief Executive Officer, effective June 1, 2025. The new CEO will oversee the activities and develop the strategy of Societe Generale Global Solution Centre Romania. With over 20 years of experience in the […]
During a press conference held on Monday, July 14, Romanian president Nicușor Dan defended the recent tax hikes enacted by the government, underlining the need to reassure creditors and lower the country’s public debt. Nevertheless, he said that the VAT increase was decided by the government. In the presidential campaign, then-candidate Nicușor Dan promised to
The famous Pompidou Center in Paris will organize a retrospective of the complete works of Romanian director Radu Jude between September 23 and October 11. The retrospective brings together films made over twenty years by the prolific Romanian director. The event will open and close with two of the most recent films, namely “Kontinental 25” […]
Romanian president Nicușor Dan presented the expenses incurred in the electoral campaign and who the main donors were during a press conference on Monday, July 14. Over the first and second rounds of the presidential elections, Dan's campaign spent over RON 60 million (EUR 12 million), and the biggest individual donors were Măriuca and Florin...
Haleon, a global leader in consumer health, has appointed Wael Kaskas as General Manager for its Hungary, Romania, Czechia, and Slovakia cluster. With a strong background in FMCG, consumer healthcare, and supermarket retail, Kaskas brings extensive experience in managing billion-dollar portfolios and leading business transformations, the company said. Before this role, Kaskas was responsible for […]
Vadoo Fest returns on August 21–24 to the meadows of Vadu Oii, Buzău County, with a new edition that invites participants to slow down and reconnect. Now in its seventh year, the festival promises a special experience rooted in nature, music, and human connection. This year’s line-up blends depth and groove, featuring Grammy-winner Judith Hill, […]
