The Romgaz branch in Chisinau was registered on Thursday with the Public Services Agency of the Republic of Moldova, in the State Register of Legal Entities, the company informs through a release ."The process of registering the Romgaz Branch in Chisinau falls within the scope of the company's actions in order to expand its gas supply activity at the regional level, an objective foreseen in the company's strategy for the period 2021 - 2030. Romgaz wants to contribute to ensuring the security of gas supply natural resources in the Republic of Moldova, and the step taken today ensures the prerequisites for achieving this goal," stated Razvan Popescu, general director of Romgaz, quoted in the press release.For his part, Aristotel Jude, deputy general director of Romgaz, stated that in the next period the company will take the necessary steps to obtain the natural gas supply license on the territory of the Republic of Moldova."We are convinced that the presence of Romgaz in the Republic of Moldova and the trading of natural gas on the centralized market of the Republic of Moldova will effectively contribute to the liberalization of the natural gas market in this country and the creation of the premises necessary to establish a real price for the benefit of consumers", Jude pointed out.The Romgaz National Gas Company is the largest producer and main supplier of natural gas in Romania. The company is admitted to trading on the market of the Bucharest Stock Exchange (BVB) and the London Stock Exchange (LSE). The main shareholder is the Romanian state with a 70% stake. The company has a vast experience in the field of natural gas exploration and production, its history starting more than 100 years ago, in 1909.Romgaz carries out geological exploration in order to discover new gas deposits, produces methane gas by exploiting deposits from the company's portfolio, stores natural gas underground, performs interventions, capital repairs and special operations at wells and provides professional technological transport services. In 2013, Romgaz expanded its field of activity by assimilating the thermal power plant in Iernut, thus becoming a producer and supplier of electricity.On August 1, 2022, Romgaz became the sole shareholder of Romgaz Black Sea Limited (established ExxonMobil Exploration and Production Romania Limited), following the completion of the acquisition transaction and the transfer of all shares issued by (representing 100% of the share capital of) ExxonMobil Exploration and Production Romania Limited, which holds 50% of the rights acquired and the obligations assumed by the Oil Agreement for the deep water area of the XIX Neptun offshore perimeter in the Black Sea.
The Grand Chamber of the European Court of Human Rights (ECHR) on December 15 ruled in favor of judge Cristi Danileţ in his case against Romania and ruled that the Romanian authorities had violated Article 10 of the European Convention on Human Rights that guarantees freedom of expression, which includes the right to hold opinions […]
Romanian car battery producer Rombat SA has been fined a total of EUR 20.2 million by the European Commission for breaching European Union competition rules, the Commission said in a decision announced on December 15. Rombat is a subsidiary of the South African automotive components group Metair. The Commission found that Rombat participated in anti-competitive […]
Romania’s industrial output rose by 0.3% y/y in October, despite a negative performance (-0.3% y/y) in the core manufacturing segment, thanks to a robust 6.6% y/y advance in the segment of utilities, according to data published by the statistics office INS. On a monthly basis, the seasonally-adjusted industrial output advanced by 0.4% m/m despite 0.5% […]
Romania’s gross external debt increased by EUR 22 billion in the first ten months of 2025 to reach EUR 225.5 billion at the end of October, equivalent to 61% of gross domestic product (GDP), according to data published by the National Bank (BNR). Long-term liabilities accounted for 78.7% of the total stock. BNR data showed […]
Romania’s current account (CA) deficit widened by 1.9% y/y to EUR 3.19 billion in October 2025, bringing the deficit in the rolling 12-month period to EUR 29.8 billion – up 9.5% y/y and at 8.2% of the GDP, according to data published by the National Bank (BNR). The CA-to-GDP ratio was 8.2% for the previous […]
Wizz Air officially reopened its base in Suceava, northeastern Romania, on Monday, December 15, marking a key step in its local expansion. With the allocation of two next-generation Airbus A321neo aircraft, the airline now operates a total of 41 aircraft in Romania, with two additional planes already announced for 2026. The reopening coincides with the […]
