Romanian president Nicuşor Dan is paying an official visit to France on Monday and Tuesday, with a schedule that includes meetings with French leader Emmanuel Macron, Paris mayor Anne Hidalgo, and members of the Romanian community,
So far we have about 500 megawatts of distributed generation projects under implementation, but many more are to come and here we are exploring different financing, purchase and donation options, Ukraine's Deputy Minister of Energy Roman Andarak told the ministerial meeting organised within the framework of the Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) meeting on Wednesday.Ukraine's Deputy Minister of Energy Roman Andarak said Ukraine focused on several directions, explaining that the first concerned physical protection and air defence. The second direction mentioned is infrastructure repair, which according to calculations, an investment of 180 million would reintroduce more than 3 GW of production into the system.Andarak also pointed out that they are also trying to make the system more flexible, more resilient, through distributed generation. So far, around 500 megawatts of different distributed generation projects are being implemented.He underlined that an important area of the ministry's work is to ensure reserve generation for the most critical facilities.Ukraine has received from international partners 16,000 generators for all the country's needs, but the basic needs for next winter are much lower, only 10% of that number.The Ukrainian official mentioned that his country's government has implemented policies not to disconnect companies that purchase 80% of their electricity from abroad.Last but not least, Roman Andarak pointed out that, despite the war, projects are being developed in various fields, including photovoltaic energy and wind farms.The deputy minister explained that due to the massive missile attacks, over 9 GW of generating capacity has been destroyed in Ukraine, which is why there is a significant deficit in the system, amounting to 30% of the necessary energy consumption.
Romanian president Nicuşor Dan is paying an official visit to France on Monday and Tuesday, with a schedule that includes meetings with French leader Emmanuel Macron, Paris mayor Anne Hidalgo, and members of the Romanian community,
Romania’s profit share, defined as the proportion of value added distributed by non-financial corporations to capital rather than labour, fell for the second consecutive year to 48.1% in 2024, Eurostat reported on December 7. The ratio was 40.0% on average in the European Union, with below-average ratios in more developed countries such as France (32.2%) […]
The pension law "brutally violates the independence of the judiciary" and "de facto eliminates the service pension for magistrates," according to the reasoning published by the High Court (ICCJ) along with its decision to refer the magistrates' pensions law to the Constitutional Court, Ziarul Financiar reported. ...
The Romanian state, in a document on December 5, expressed its intention to take full control of the National Airports Company of Bucharest (CNAB), which operates Otopeni Airport and Baneasa Airport, where the minority shareholder Fondul Proprietatea has a 20% stake, Ziarul Financiar reported. The...
Romania's Interministerial Committee for Supporting the Implementation of Reform 9 (CNR9), led by deputy prime minister Oana Gheorghiu, has selected 17 state-owned enterprises from a total of about 1,500 to undergo initial screening ahead of potential restructuring or liquidation. The decision marks the first stage of a wider overhaul programme announced by prime minister Ilie […]
The retail sales volume index in Romania recovered for the second consecutive month in October, when it increased by 0.9% m/m after the 1.3% m/m advance in September – but it was far from fully recovering the 4.0% m/m plunge seen in August as an effect of higher VAT rate enforcement amid already negative consumer […]