The minister of foreign affairs, Bogdan Aurescu welcomed the adoption by the European Union of new sanctions for Byelorussia, stating that they will target the officials of this country, military and certain economic sectors. He also said that the coordination with partners who think in the same way to support Ukraine should continue. The European Union approved new sanctions against Byelorrusia for the support offered to Russia in the invasion of Ukraine, announced on Wednesday the French presidency of the EU Council. The sanctions will target ‘ some economic sectors, especially in the wood industry, steel and potassium export," Reuters reports. An official of the EU stated this week that the new sanctions against Minsk have the role, among others, to stop the export of any Byelorussian goods to the EU, besides the ones which are already the object of sanctions imposed by the Union to Byelorrusia, after president Aleksandr Lukashenko repressed public protests following the elections of 2020.
Sebastian Burduja, adviser to prime minister Ilie Bolojan and former minister of energy, warned of the security impact of the sale of major dairy Napolact to a group owned by a businessman close to the Hungarian prime minister Viktor Orban, according to
Romania could face energy poverty or even blackouts if coal-fired power plants are shut down before new gas-fired facilities at Iernut and Mintia are completed, energy minister Bogdan Ivan said in an interview with Digi24 on September...
Premier Energy (BVB: PE) has signed an agreement to acquire a 51% controlling stake in Iberdrola Renovables Magyarország, the Hungarian subsidiary of Spain’s Iberdrola. The company owns five operational wind farms with a combined installed capacity of 158 MW, commissioned between 2008 and 2010 in northwestern Hungary, one of Central Europe’s strongest wind regions. The […]
Prime minister Ilie Bolojan set up a committee to follow the pre-insolvency procedures at steelmaker Liberty Galati and its pipemaker subsidiary, Liberty Tubular Products Galati, controlled by billionaire Sanjev Gupta, and protect the rights of the tax collection agency ANAF and Exim Banca Romaneasca as the largest creditors,
Grampet Group, active in railway transportation, through its newly established subsidiary Biturom, has opened the largest bitumen melting capacity in Romania, according to Economica.net. The new facility, designed to deliver liquid bitumen for road construction projects in Romania and the Republic of Moldova, was opened on the industrial platform Rafo Onesti. ...
Romania plans to issue Samurai bonds and contract loans from multilateral banks such as EBRD or EIB to finance other green projects, finance minister Alexandru Nazare said at the CES ESG Conference 2025 in Bucharest on September 18. The country has already issued almost RON 10.8 billion (EUR 2 billion) in green bonds, allocated to […]
