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US Ambassador in Bucharest - received by Patriarch Daniel; migration phenomenon - on agenda of talks

Thursday, March 23, 2023

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The Patriarch of the Romanian Orthodox Church, Daniel, received, on Wednesday, the ambassador of the United States of America to Romania, Kathleen Kavalec, on a presentation visit, with the phenomenon of migration being on the agenda of the discussions."The Patriarch of Romania referred to the phenomenon of migration, which, in the case of Romania, generates, in addition to the possibility of real opportunities for achievement on a personal level, also ...

Gov't approves draft on intergovernmental agreement between Romania, North Macedonia on corruption combat

Thursday, March 23, 2023

The Government approved in Wednesday's meeting a draft law for the ratification of the Agreement between the Governments of Romania and North Macedonia on strengthening cooperation in the area of internal control and the prevention and combating of corruption, signed on September 15, 2022, in Bucharest.According to a press release issued by the Executive, this agreement creates the necessary bilateral legal framework for strengthening cooperation in the area ...

Minister Bolos: Romania has until April 30 to submit to Brussels the final documents on the modification of the PNRR

Thursday, March 23, 2023

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Romania has until April 30 to send to the European Commission the final documents regarding the modification of the National Recovery and Resilience Plan (PNRR), stated on Wednesday the minister of investments and European Funds, Marcel Bolos.‘30 April is the deadline for sending the final documents. We have the four things we have mentioned- the reduction of grant, the adjustment of the ...

Gov't repeals decision postponing closure of some energy capacities operating on lignite

Thursday, March 23, 2023

The Government decided on Wednesday to repeal the decision to postpone the closure of some energy capacities operating on lignite and their related mining operations."The repeal of Decision no. 1573/2022 regarding the approval of the postponement of the closure of some energy capacities operating on lignite and their related mining operations is a consequence of the amendments brought to Emergency Ordinance no. 108/2022 on the decarbonization of the energy ...

Romania is the second big wheat export in the EU in 2022 – 2023 with 2.77 million tons

Thursday, March 23, 2023

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Exports of soft wheat of the EU in 2022/23 which started on 1 July 2022 reached on 19th March the current year at 22.23 million tons, up by 8% against the 20.52 million tons of wheat exported in the same period of the season 2021/22, show the data published on Tuesday by the European Commission, informs Reuters.According to these data, France was the biggest export of wheat in the EU in this season, with 8.69 million ...

Barometer: Businesspersons predict a stagnation of the Romanian economy this year

Thursday, March 23, 2023

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    The Romanian economy will stagnate this year, in which concerns regarding the uncertainties associated with macro-economic conditions will be in the foreground, show the conclusions of the 5th edition of the Moneycorp Barometer on the state of the Romanian economy.According to the research, 32% of the surveyed managers expect economic stagnation in 2023, while another 28% see marginal economic growth. An ...

EBRD supports energy security in Romania

Thursday, March 23, 2023

EBRD lends €37 million to Romania’s leading electricity distribution network operator Loan finances liquidity needs to cover increasing costs Energy security and resilience are EBRD regional ...

Commission approves EUR 103 million Romanian scheme under the Recovery and Resilience Facility

Thursday, March 23, 2023

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The European Commission has approved, under EU State aid rules, a Romanian scheme of EUR 103 million (RON 512 million) to support the construction of electricity storage facilities. This measure will be partly financed by the Recovery and Resilience Facility (“RRF”), following the positive assessment by the Commission of the Romanian Recovery and ...

The minister of energy: A new step for the exploitation of gas in Neptune Deep was made

Thursday, March 23, 2023

A new important step for the exploitation of natural gas in Neptune Deep, in the Black Sea was made on Thursday, with the signing of the ceremonial statement by Transgaz, OMV_Petrom and Romgaz regarding the signing of the contracts for transport of natural gas, announced the minister of energy, Virgil Popescu.He said that his project was signed for the period September 2026 – September ...

Over 80% construction progress for the cogeneration plant on the Petromidia platform

Thursday, March 23, 2023

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The Kazakh-Romanian Energy Investment Fund (KREIF) has made considerable progress in commissioning the cogeneration plant on the Petromidia platform, reaching over 80% of the total operations, part of the project that started in May 2021.   Through Rompetrol Energy, member company of the KMG International Group (Rompetrol) and entity responsible for managing the energy projects carried out through the ...

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