The government approved, in Wednesday's sitting, the postponement until October 1, 2023 of the closure of the 660 MW lignite-based energy groups Rovinari 3 and Turceni 7 and their related mining operations, belonging to the Oltenia S. A. Energy Compound (CEO), in order not to endanger the proper functioning of the National Energy System, a government press release reads."The decision was made according to the provisions of Law no. 334/2022 which specifies that in a situation of energy crisis, the Government of Romania, at the proposal of the Ministry of Energy, can approve, by decision, the postponement of the closure of some energy capacities operating on coal and related mining operations or the restart of closed energy groups and related mining operations, in compliance with environmental legislation and the deadline for completing the decarbonization of the energy sector provided for in art. 3 and in correlation with the measures contained in the emergency plans related to the energy sector," the Government also says.
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
