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/)
Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]
Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
