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PM Ciuca: Green energy, digitalization, intelligent transport - future of Romanian-Japanese economic relations

Thursday, September 29, 2022

Investments in green energy, digitalization and intelligent transport represent the future of Romanian-Japanese economic relations, says Prime Minister Nicolae Ciuca.On Wednesday, he had a meeting with several Japanese officials, including the governor of the Japan Bank for International Cooperation (JBIC)."Excellent discussions with Tadashi Maeda, governor of JBIC, Ichiro Aisawa and Hiroshi Ide, CEO of IHI Corporation. Investments in green ...

PM Ciuca asks South Korea's support for Romania's accession to OECD

Thursday, September 29, 2022


Prime Minister Nicolae Ciuca had a meeting on Wednesday with Prime Minister of South Korea Han Duck-soo, occasion on which the Romanian dignitary requested support for the accession to the Organisation for Economic Co-operation and Development (OECD) and extended an invitation to his South Korean counterpart to pay a visit to Romania, next year.According to a release of the Government, the meeting took place on the sidelines of the visit which PM Nicolae ...

MAE recommends that Romanian citizens in Russia leave the area as soon as possible

Thursday, September 29, 2022

In the context of the recent evolutions in the Russian Federation, including as a result of the announcement of 21st September 2022 regarding partial mobilisation as well as a result of the public messages sent by the ministry of foreign affairs (MAE) since February this year, MAE says:   - The MAE recalls and reiterates with insistence the recommendations addressed to Romanian citizens ...

ForMin Aurescu, US Under Secretary Jose Fernandez discuss projects related to economic cooperation, and energy

Thursday, September 29, 2022


 Minister of Foreign Affairs Bogdan Aurescu received, on Wednesday, Jose Fernandez, Under Secretary for Economic Growth, Energy, and the Environment with the U.S. Department of State, discussing, on this occasion bilateral projects in the field of economic and energy cooperation, especially joint projects in the field of civil nuclear energy, aspects of food security and the security situation in the neighborhood, with its multidimensional implications, informs the ...

Remarks by Deputy Secretary of Commerce Don Graves at the AmCham Romania Celebration

Thursday, September 29, 2022


Thank you, President Simion, for that introduction.   Thank you to Charge d’Affaires Muniz, President of the Senate Gorghiu, Deputy Prime Minister Grindeanu, Deputy General Secretary Geoana, Under Secretary Fernandez, Honorable Ministers and Mayors, and all our distinguished guests for joining us.   And thank you to AmCham Romania for ...

Virgil Popescu: I encourage the increase in the volume of investments of American companies in Romania in the energy field

Thursday, September 29, 2022

Energy Minister Virgil Popescu said on Wednesday, at the Romania-US Economic Forum, that he encourages the increase in the volume of investments of American companies in Romania, in the energy field, but also companies in Romania to access funds to produce and use renewable energy, for self-consumption.   “I have said that I encourage the increase in the volume of investments of ...

CFA Romania analysts estimate depreciation of leu in next 12 months

Thursday, September 29, 2022

CFA Romania analysts estimate a depreciation of the leu in the next 12 months, compared to the current value, for the 12-month horizon the average value of the anticipated exchange rate being 5.0465 lei for one euro."Against the background of the positive macroeconomic data recorded in August, the macroeconomic confidence indicator registered a significant increase. However, both the confidence indicator and its component of expectations remain at low ...

Ukraine and Romania to ease Gazprom’s pressure on Moldova

Thursday, September 29, 2022


Ukraine and Romania have said they will help neighbour Moldova if Russia decides to cut off gas supplies from October 1 when the winter heating season begins, https://balkaninsight.com/ reads.   Ukrainian presidential adviser ...

BSOG ponders offshore wind farms after launching production at its Black Sea field

Thursday, September 29, 2022

American company Black Sea Oil and Gas (BSOG), owned by investment fund Carlyle Group, announced its interest in developing offshore wind farms in the Black Sea - where it has already launched production at its Midia natural gas field, according to ...

American fund GIP takes over offshore wind projects in Romania

Thursday, September 29, 2022


American infrastructure investment fund Global Infrastructure Partners (GIP), with assets under management of USD 81 bln, is acquiring under a global deal the incipient offshore wind projects of the German group WPD in Romania.   The Romanian authorities have approved the transaction, according ...

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