The government approved the negotiation and signing of a Romanian-Korean memorandum to consolidate cooperation in the nuclear energy field. The memorandum will be signed by the Ministry of Trade, Industry and Energy of Korea and the Energy Ministry of Romania, according to a Government press release. “The objective of the Memorandum between the two states is to set up a frame to consolidate cooperation in the field of nuclear energy by facilitating the exchange of good practice in the nuclear field, the coordination of energy policies, development of new technologies in conditions of safety and the development and security of supply chains.The document also stipulates the setting up of an annual session between Korea and Romania for the Nuclear Energy Industry Dialogue (NEID), with a view to maintaining a constructive dialogue and build a work group at technical level, meant to monitor and implement activities”, the source informs.
Social Democrat (PSD) MP Mihai Weber, head of the parliamentary defense committee, came under fire after investigative platform Snoop unveiled his EUR 140,000 hybrid Mercedes AMG GLE 53 purchased this year through a small firm that operates no more than a countryside...
Touching high public expectations for initiating reforms in the judiciary system, Romania's president Nicusor Dan explained in two consecutive interviews given to the public TVR and B1 broadcasters that "it takes time and a critical mass," but assured that he has not abandoned "at all" the idea. On the magistrates' retirement and pensions, he reiterated […]
The Romanian Ministry of Foreign Affairs (MAE) summoned the Russian ambassador to Bucharest on September 11 to convey its position of firm condemnation of the violation of Polish airspace by Russian drones, according to a ministry's press release. "The Romanian side stressed that, by its gravity, implications and scope, the incident represents an unprecedented escalation, […]
Spanish group Ecoener announced it boosts its expansion in the European Union with the upcoming construction of a 54.4 MW wind farm in Miroslovesti, in north-eastern Romania, after being awarded a Contract for Difference (CfD). The company has been awarded a 15-year contract in the Romanian government’s renewable energy tender. It plans to begin construction […]
Pinum, one of the leading door and window manufacturers in Romania, has concluded a financing agreement worth over EUR 10 million with Banca Transilvania for the development of a new factory in northern Bucharest, at Moara Vlăsiei. The total investment exceeds EUR 14 million and will allow doubling the annual capacity for manufacturing doors and […]
The state-owned company Romgaz (stock exchange symbol SNG), the producer and supplier of natural gas, convened its shareholders on October 20 to decide on the issuance of a new tranche of bonds or the supplementation of the inaugural EUR 500 million tranche, massively oversubscribed in 2024, according to a report to investors, quoted by
