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Ilie Bolojan: PSD and PNL have responsibility to correct things that have accumulated wrongly
Thursday, May 15, 2025
The Social Democratic Party (PSD) and the National Liberal Party (PNL) "have the responsibility to correct the things that have accumulated wrongly" in the governments they have endorsed, interim president Ilie Bolojan declared on Tuesday."The current situation of Romania is certainly also given by the way in which the parties that have governed until now have managed our country. The PSD and the PNL have a main responsibility for this situation and it is ...
Chief of Defense Staff attending NATO Military Committee, EU Military Committee meetings in Brussels
Thursday, May 15, 2025
Romanian Chief of Defense Staff, General Gheorghita Vlad participates in the NATO Military Committee and the European Union Military Committee meetings at Chiefs of Defence level taking place on Wednesday and Thursday, respectively, in Brussels, the Defense Ministry said in a release.The agenda of the talks includes topics of strategic interest, with an emphasis on cooperation, streamlining joint efforts and unitary responses to security ...
Draft regarding Romanian contribution to NATO Fund for Ukraine, in public debate
Thursday, May 15, 2025
The draft government decision regarding the payment of Romania's voluntary contribution, in the amount of 33,025 dollars, to the voluntary Fund for the Comprehensive Assistance Package for Ukraine (NATO - Ukraine Comprehensive Assistance Package Trust Fund) is put up for public debate on the website of the Ministry of Foreign Affairs (MAE) until May 23.According to the regulatory act, participation is offered by redirecting the remaining unallocated amount ...
Q1 current account deficit, up 80%, to EUR 7,656 million
Thursday, May 15, 2025
In January - March 2025, the balance-of-payments current account posted a deficit of EUR 7,656 million, compared with EUR 4,201 million in the same year-ago period, according to the data the National Bank of Romania (BNR) published on Wednesday.The breakdown shows that the deficit on trade in goods widened by EUR 1,997 million, the surplus on services fell by EUR 503 million, the primary income deficit decreased by EUR 140 million, while the secondary income ...
Burnete: In the next 2-3 years, EU funds are key; recession looms if we don't bring every euro into the country
Thursday, May 15, 2025
The European funds are the key for the Romanian economy, for the next two or three years, existing the risk of recession unless every euro is absorbed, stated on Wednesday the executive manager of Concordia Employers’ Confederation, Radu Burnete, within a specialised event.'In the next two to three years, European funds are absolutely key for Romania's economy. Please believe me that if we don't bring every single euro into ...
Romanian Ministry of Energy remains reliable partner for Republic of Moldova and Ukraine
Thursday, May 15, 2025
Romania reaffirms its support for Ukraine and the Republic of Moldova and joins the European Union's effort to strengthen the energy resilience of the two countries, said the Secretary of State in the Ministry of Energy, Cristian Busoi.He participated, together with the advisor to the Minister of Energy, Adrian Vintila, in the Informal Meeting of Energy Ministers of the European Union, an event chaired by the Polish Presidency of the Council, which ...
Transelectrica posts net profit of 158 million RON in Q1 2025, up 58%
Thursday, May 15, 2025
CNTEE Transelectrica SA recorded a net profit of 158 million RON in the first quarter of this year, up 58% compared to the same period of the previous year, according to a company report, sent to the BVB on Wednesday.The segment of activities with allowed profit recorded a positive result of 129 million RON in Q1 2025, compared to 109 million RON achieved in Q1 2024, under conditions in which operating income increased by 55 million RON, correlated with a smaller increase ...
MOL Group reports profit increase of 23% in first quarter
Thursday, May 15, 2025
MOL Group's profit before taxes reached $546 million in the first quarter of this year, down 23% compared to the same period in 2024, according to the company's financial results, published on Friday.According to the above, all segments of activity performed in a strong economic environment, contributing to the resilient performance of the MOL Group, despite a difficult macroeconomic context.Results from the Upstream segment increased by one-quarter the ...
OMV Petrom opens Romania’s largest charging hub
Thursday, May 15, 2025
Romanian oil and gas company, OMV Petrom, is adding 400-kilowatt (kW) high-power charging points for electric trucks to its network. Among these, the ...
Romania to participate in Book World Prague 2025 Fair
Thursday, May 15, 2025
Romania participates May 15 through 18 with a stand in the 30th edition of the Book World Prague Fair, with playwright Elise Wilk, poet Adrian Alui Gheorghe and prose writer Adina Rosetti among the guests, the organizer of the stand, the Romanian Ministry of Culture announced on Wednesday.The moderation and translation of the events will be provided by ICR Prague through Libuse Valentova, Jitka Lukesova and Jarmila Horakova.At the invitation of ...
