The European Commissioner Thierry Breton, responsible for the Internal market will meet on Thursday Klaus Iohannis, president of Romania, Cseke Attila, interim minister of Health and Nicolae Ciuca, interim minister of Defence. The European Commissionaire will take part in a press conference with Raed Arafat, state secretary and Lt.Col Valeriu Gheorghita, the coordinator of the vaccination campaign in Romania, says the Representation of the European Commission in Romania in its press release. „ ‘It is important for me to come, personally, to Bucharest to discuss with the political leaders in Romania, especially about the worrying situation generated by Covid-19. When the winter comes, the low rate of vaccination puts the health of the Romanian citizens – all ages and social categories – in danger. This risk represents a barrier in the way of full recovery of Romania and the European Union as a whole. Europe supplied safe and efficient vaccines in record time – Romania has everything which is needed to use them, to fight against the reluctance to vaccination and stop the spreading of the virus. The effort on the part of all interested parties – government, professionals in the domain of health, NGOs and citizens – must be encouraged and I am looking forward to having these productive meetings’ commissioner Thierry Breton said before the visit. The European Commissioner meets at 9:00 a.m. with the Acting Minister of Health, Cseke Attila, then with the Acting Minister of Defense, Nicolae Ciuca, at 10:00, and from 12:00 o'clock he will have a press conference with the DSU chief Raed Arafat and the coordinator of the vaccination campaign, Valeriu Gheorghita.At 13:00 he will be welcomed by president Klaus Iohannis, and at 14:00 he will be meeting with the joint Parliamentary Committees of Industry, European Affairs and Health.
Romania's interior minister, Cătălin Predoiu, expressed cautious optimism about the country's prospects for full Schengen accession following a meeting scheduled for November 22 with Austrian interior minister Gerhard Karner. Speaking on local news channel Antena 3, Predoiu stated that "the pieces are quite well placed" for progress on accession with land borders,
Romgaz (BVB: SNG), the largest producer and main supplier of natural gas in Romania, will list its first bond issue, worth EUR 500 million and aimed to finance the Neptun Deep offshore gas project, on the Bucharest Stock Exchange on November 19. In October, Romgaz issued the first EUR 500 million tranche of a EUR […]
Left without heating after a coal-fired unit at Electrocentrale Craiova broke down, Ford Otosan’s automobile plant in southern Romania ceased operations on November 13, Profit.ro reported. The losses at the factory that is producing some 1,000 automobiles and 1,700 EcoBoost...
Bucharest Exchange-listed Premier Energy Group, active in the renewable electricity generation and energy supply activities in Romania and Moldova, announced its revenues rose by 25% y/y to EUR 816 million in January-September and by 61% y/y to EUR 303 million in Q3 alone, driven by both organic performance and strategic acquisitions. The net profit, however, shrunk […]
Romania's leading energy producer, Hidroelectrica (BVB: H2O), announced its output decreased by 22% y/y to 11.35TWh in January-September, citing both market conditions (a change in the regulations that resulted in volatile prices and volumes traded) and adverse hydrological conditions. The revenues contracted by 25% y/y to RON 7.2 billion (EUR 1.44 billion), roughly in line […]
Lower electricity production amid slightly higher domestic demand and the reliance on intermittent renewable resources led to increasingly more situations when Romania imports electricity at the maximum capacity of its interconnectors, although the net electricity deficit is in the range of only some 3% of total consumption. The power storage capacities can smooth supply and […]
