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PM Dancila: "outraged and disappointed" about the conclusions of the CVM

Thursday, November 15, 2018

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Prime Minister Viorica Dancila said she was "outraged and disappointed" about the conclusions of the CVM (Co-operation and Verification Mechanism) report of the European Commission on Romania, considering, among other things, that the arguments of the Romanian Government were totally ignored by those who drafted the document."I am disappointed and outraged. Disappointed because it's not fair, as long as Romania's arguments are being ignored and the CVM objectives ...

DNA says CVM Report treats with attention recommendations made by European Commission

Thursday, November 15, 2018

The National Anticorruption Directorate (DNA) is treating with attention the recommendations made by the European Commission in the Co-operation and Verification Mechanism (CVM) report and expresses its hope that Romania's key-institutions will take action "in view of demonstrating a firm commitment towards the independence of the judicial system and the fight against corruption," a release of the institution sent on Wednesday informs."The DNA leadership took note ...

Former CCR Judge: Romania wanted to join the EU, now we don’t want to be there

Thursday, November 15, 2018

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Romania was not forced to join the select club of European Union, it wanted to, changed the Constitution and assumed obligations, by signing the Accession Treaty, which now we don’t want to meet, former MP and Chairman of the Constitutional Court, Augustin Zegrean, said on Wednesday for ziare.com. Asked what is going on in Romania, Zegrean said: “I don’t know what is happening, I can say that (when joining the EU – our ...

Opposition leaders meet to discuss censure motion

Thursday, November 15, 2018

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„Romania Together Movement (RO+) and Save Romania Union (USR) call on the responsible politicians to understand the gravity of the signal sent by Brussels and to act in the interest of Romania and of the Romanians by immediately sending Dancila Government to the history’s dustbin”, reads a press release signed by the two parties. More precisely, they call for early elections, arguing it is „the only democratic form for ...

GDP  IN  Q3  2018 WAS,  IN  REAL  TERMS, BY 1.9%1  HIGHER, AS COMPARED TO Q2 2018

Thursday, November 15, 2018

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As  against  the  same  quarter  of  2017,  the  Gross  Domestic  Product  recorded  an increase  by  4.3%  for  the  unadjusted  series  and  by  4.1%  for  the  seasonally ...

President Klaus Iohannis promulgated the Offshore law which regulates the exploitation of gas in the BlackSea

Thursday, November 15, 2018

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President Klaus Iohannis promulgated on Monday the Offshore law which regulates the exploitation of gas in the Black Sea. According to the presidential administration, the president signed ‘the decree for the promulgation of the law regarding some measures necessary for the implementation of the oil operations by the owners of oil agreements which refer to offshore oil areas (PL-x33/19.02.2018)’. The law was passed ...

EC : Romania needs to recover around 60 million euros of incompatible aid from energy producer CE Hunedoara

Thursday, November 15, 2018

The European Commission has found that energy producer Complexul Energetic Hunedoara (CE Hunedoara) received around 60 million euros of incompatible state aid from Romania through four publicly financed loans, according to the European Commission Representation in Bucharest."Romania now needs to recover the illegal aid plus interest," reads a press statement released by the representation office on Thursday.Commissioner Margrethe Vestager, in charge of ...

Rompetrol Rafinare, operational result of USD 158 million and processed raw materials over 4.7 million tons in the first nine months of 2018

Thursday, November 15, 2018

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Note: The consolidated financial statements of Rompetrol Rafinare include the results of Rompetrol Rafinare S.A. and the results of the subsidiaries Rompetrol Quality Control S.R.L., Rom Oil S.A., Rompetrol Downstream S.R.L., Rompetrol Logistics S.R.L. Rompetrol Gas S.R.L. and Rompetrol Petrochemicals S.R.L. Rompetrol Rafinare, a member company of KMG International, registered in the first nine months of the year an increase by over 44% of its ...

ENEL X ROMANIA ANNOUNCES LARGEST E-MOBILITY PLAN IN THE COUNTRY, AROUND 2,500 CHARGING POINTS, UP TO 20 MILLION EURO INVESTMENT

Thursday, November 15, 2018

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· Enel X Romania was launched to offer new, innovative value-added solutions tailored to the needs of individuals, companies and municipalities in the country · The e-Mobility plan’s charging points will be installed, starting from 2019, in most Romanian regions, major cities and on main traffic routes, starting in Bucharest, Timi?oara and ...

Black Sea Oil&Gas and Transgaz sign a  15 year contract for the transport of natural gas produced in the Midia project

Thursday, November 15, 2018

The oil company Black Sea Oil &Gas (BSOG) owned by Carlyle International  Energy Partners and the European Bank for Reconstruction and Development (BERD) announced on Friday they signed with Transgaz a 15 years contract for the transport of natural gas produced in the Midia Project (MGD). The contract  was signed by the general manager of Transgaz Ion Sterian and the general manager of BSOG Mark Beacom.. The ...

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