Romania and Kazakhstan have started talks over a 10-year agreement between KazAtomProm and Nuclearelectrica on uranium supply, according to senior official with the Ministry of Energy Casian Nitulescu.He led, April 28-29, 2025, a team of the Ministry of Energy to a meeting of the Kazakhstan-Romania Energy Working Group in Astana, Kazakhstan."We had constructive talks with Energy Minister Erlan Akkenzhenov, Deputy Energy Minister Ilyas Bakytzhan, Deputy Foreign Minister Roman Vassilenko and Chairman of the Agency for Nuclear Development Almassadam Satkaliyev. We also had important meetings with the management of KazAtomProm. We discussed strengthening energy collaboration, supply security, tax policies with an impact on companies running on Kazakh capital in Romania and possible new business projects. A key point: the opening of discussions for a 10-year agreement between KazAtomProm and Nuclearelectrica on the supply of uranium,"Nitulescu writes in a social media post.He adds that Romania is also interested in the transfer of technology for beryllium processing, and KazAtomProm invited the Romanian side to visit the metallurgical plant in Ulba in July."An important step toward strengthening the Romanian-Kazakh energy cooperation," according to the official of the Ministry of Energy.The Romanian team also included Gelu Maracineanu, general manager of the Feldioara Uranium Concentrate Processing Plant - Nuclearelectrica, as well as the Romanian ambassador to Kazakhstan, Madalina Lupu.
Romania has reached a purchasing power per capita of EUR 11,105, approximately 45% below the European average – a figure that places the country in 31st place in the European top, according to the "NIQ Purchasing Power Europe 2025" study. Compared to 2024, Romania moved up one position in the NIQ ranking. Comparatively, at a […]
Ionuț Costea, former head of EximBank, and Sebastian Vlădescu, former finance minister, were released on November 5 following an extraordinary prescription procedure, according to a statement from Romania's High Court of Cassation and Justice (ICCJ). The two had been sentenced in 2023 to six and seven years in prison, respectively, for taking a EUR 5.5 […]
Prime minister Ilie Bolojan, who also serves as president of the Liberal Party (PNL), stated on November 4 that, at the meeting of the party's National Political Bureau the same day, support was renewed for resolving the issue related to special (magistrates') pensions this month, but also for the reform in public administration, according to
Knauf Insulation Romania, the local subsidiary of a division of the German group Knauf, has officially inaugurated its new glass mineral wool factory in Târnăveni, Mureș County, after an investment of EUR 140 million, for which the company also received EUR 18 million in state aid. "Our factory in Târnăveni, equipped with state-of-the-art technology, has […]
Corden BioChem, an expert in industrial biotechnology, could resume production at the bioethanol factory it took over from Swiss Clariant in southern Romania (or "Lesser Wallachia" as indicated by the company) at Podari, after the Competition Council authorised the takeover of the steam and electricity supplier. The company announced on its website that the Podari […]
Romania’s general government budget deficit can drop below 6.5% of GDP next year, possibly approaching 6% of GDP, to further drop below 5% of GDP if the tax evasion and tax avoidance are addressed, the head of the Fiscal Council, Daniel Daianu, said, speaking in a conference organised by Curs de Guvernare, as reported by […]
