Romania and Portugal will cooperate within a Work Group in the field of energy, after a Memorandum of Understanding was signed in Lisbon on Monday between the Ministry of the Environment and Climate Action from the Portuguese Republic and the Ministry of Energy from Romania, informs the Ministry of Energy, in a press release quoted by Agerpres. According to the cited source, the Memorandum was signed in the presence of President Klaus Iohannis and Portuguese Prime Minister Antonio Costa. The Minister of Energy, Sebastian Burduja, mentioned that the establishment of this Working Group “represents an excellent opportunity to exchange expertise and experiences between the two states”. “Our goals are similar in terms of the energy transition and we addressed several topics of common interest: pumped storage hydropower projects, including Tarni?a-L?pu?te?ti; offshore wind energy in the Black Sea and the Atlantic Ocean; contracts for difference to stimulate investments in green energy and the predictability of the long-term market. There are just as many concrete opportunities for collaboration, starting from the same understanding of the moment we are going through and for which we need safe, affordable and green energy – in that order,” emphasized Klaus Iohannis. The Minister of Energy participated, between October 8 and 9, 2023, in an official visit to the Portuguese Republic, together with the delegation of the President of Romania, Klaus Iohannis. “The memorandum provides for the establishment of a Working Group, with the role of monitoring and implementing the activities agreed by the signatories. Also, being constituted at a technical level, the Working Group will identify other topics of mutual interest and cooperation. Both Romania and Portugal are at the forefront of the current energy policy, in addition to ensuring security and capitalizing on the potential for solar, wind and other renewable energy, leading to a high potential for bilateral cooperation,” the press release states.
On Monday, December 23, Romanian police brought Nica Robert Florin back to the country. The man convicted of possession of high-risk drugs, bodily harm, and driving under the influence of alcohol, is listed among Romania’s Most Wanted category and was also wanted internationally. Romanian authorities revealed at the beginning of October that they had indications […]
An investigation by the famous British newspaper Financial Times revealed that the campaign of former Romanian presidential candidate Călin Georgescu was supported by a Russian network also used during the pandemic in France and Germany to instill fear of vaccines. The newspaper’s investigation began in continuation of those by Bulgarian and Romanian journalists at BG...
Bucharest’s District 3 City Hall will once again organize a special New Year’s Eve event in Titan Park, with a program of live concerts, multimedia shows, and even a simulation of the Northern Lights. The event, set to begin at 8:00 PM on December 31, will focus on the theme of infinity. “If you missed […]
Traffic on Lot 1 of the A7 Ploiești-Buzău highway, stretching 21 kilometers in southern Romania, was officially opened on Monday, December 23. With this opening, 102 kilometers of the total 320 kilometers of the highway are now usable. The Moldova Highway, as it has been called, is meant to connect Romania's economically underdeveloped eastern regions to […]
The Dutch technology investor Prosus NV, also the majority shareholder of Romania’s largest online retailer eMAG, is set to buy the online travel agency Despegar.com Corp, focused on Latin America, for approximately USD 1.7 billion. The purchase consideration will be funded from existing cash resources, the company said. Founded in Argentina in 1999, Despegar is one […]
The new Forestry Code, which passed the Parliament vote on December 17 and was signed into law by president Klaus Iohannis on December 20, includes provisions that protect all forests in Ilfov, the county surrounding Bucharest, making them the cornerstone of the future green belt around the capital city. Moreover, it legislates green belts nationwide, […]
