The crisis of natural gas is artificially created by the Russian Federation through Gazprom and I think it is necessary to have a common front of all member states to stop this energy crisis, stated on Wednesday the interim minister of energy, Virgil Popescu at the National Top of Companies 2021, event organised by the Chamber of Commerce and Industry of Romania (CCIR). " ‘After a difficult year, there followed economic growth of 2021, for the Romanian economy and the European economy, but we started to face the crisis of raw materials, prices for energy and natural gas, which are reflected in the economy. We have taken measures, so that we support, besides the citizens the small and medium enterprises so that we can survive this winter. One week ago, we injected 500 million lei in the economy to the big consumers of energy, which have tens of thousands of people employed and who need support on an aid framework which we approved at the end of 2019 and which will continue. We want to inject money in the economy, we need financial intervention in the economy to help the companies to survive during this period. Pandemics plus energy crisis is not a good thing. We have to be very careful, as the pandemics is not over yet. We need to be prudent, as the Romanians’ health is first. We have a crisis of natural gas which is an artificial crisis created by the Russian Federation through Gazprom. We saw how sensitive the market of natural gas is. The moment the German regulator announced that they will postpone the approval of the North Stream 2 pipeline, the price of natural gas automatically went up. I think it is necessary to have a common action of all member states to stop this energy crisis’ Popescu said. (Photo:https://www.facebook.com/ccir.romania/)
The exhibition RomanIa – Identity representation of traditional dress in art, currently on view at the National Museum of Art of Romania (MNAR), gathers a variety of artistic representations of the traditional blouse ia, from painting and sculpture, to drawing, photography, installation, film, music, posters, fashion, books, albums, and more. It includes works by Henri […]
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
