The Minister of Energy, Virgil Popescu, announced in a press release that the EU member states are analyzing the technical conditions for achieving an emergency synchronization of the energy system in Ukraine and the Republic of Moldova with the European one. Currently, the power systems of Ukraine and the Republic of Moldova operate in isolation from other neighboring energy systems and are disconnected from Russia, Virgil Popescu recalled after the extraordinary meeting of the Energy Council. According to him, both in Romania and in the Member States, the supply situation is stable, without risks for the current winter, and the EU is ready to activate emergency plans as the situation requires. The Minister of Energy pointed out, in the context, that a priority is the preparation for next winter, stating that he supports maximizing the efficiency of storage capacities and exploring alternative supply routes. “Romania supports the strategic partnership between the EU and Azerbaijan and the operationalization of the Southern Gas Corridor, including the BRUA project. […] In the medium and long term, it is important to diversify sources of supply in order to reduce dependence on imports from Russia, to continue investing in new low-carbon energy capabilities, to increase energy efficiency and interconnections at EU level” the minister also transmitted.
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 […]
