Foreign direct investments dropped to 6.75 bln. euro in 2023
The net flow of foreign direct investments (FDI) in 2023 decreased to 6.75 billion euros, from 10 billion euros in…
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Economics&Markets
Gold reaches new record: 2,660 USD per ounce, up more than 28% in almost nine months
Over the past year, the price of gold has consistently set new records. 2024 began with the highest price in…
EBRD revises significantly the economic growth estimates to 1.4%
The European Bank for Reconstruction and Development (EBRD) significantly worsened the estimates regarding the evolution of the Romanian economy in…
German government may support Volkswagen to avoid factory closures
German Economy Minister Robert Habeck has announced that the government wants to help Volkswagen AG get through the cost-cutting period…
Burduja: Romania will ask the EU for compensation for the significant energy price differences between Western and Eastern Europe
Romania will request compensation from the Council of Ministers, at the European level, given that energy prices in our region…
Precup: The performances of public enterprises are polarized; five companies generated 87% of the dividends paid
The performances of public enterprises are polarized, given that five companies make 87% of the dividends paid last year to…
Azerbaijan is negotiating gas deliveries in three European countries
Azerbaijan is in talks to expand its natural gas exports to at least three countries in Europe, President Ilham Aliyev…
The acquisition by Nawaf Salameh Family Office of the Octogon terminal contributes to the strengthening of Romania’s national security
The Nawaf Salameh Family Office takes a major, strategic leap forward with the acquisition of the Octogon Gas & Logistics…
MET Group delivers the 100th LNG shipment to Krk terminal
MET Group’s commitment to providing energy to end customers was symbolically marked by the delivery of the 100th shipment of…
Romania and Germany must cooperate to maintain their competitiveness
Against the background of increasingly strong competition from regions such as Asia or America, Romania and Germany must cooperate closely…
Transelectrica and TSOs of Azerbaijan, Georgia and Hungary create the submarine cable project company
The National Electric Energy Transport Company Transelectrica and transmission system operators (OTS) Georgian State Electroystems (Georgia), AzerEnerji (Azerbaijan) and MVM…
Ukraine: An adviser to Zelenskiy backtracks on statements about stopping Russian oil transit
An adviser to the Ukrainian presidential administration, Mihailo Podoliak, backed off to the comments regarding the stoppage of Russian oil…
Bulgaria faces continued high electricity prices
Electricity prices in Bulgaria remain the highest in the region as August progresses, reports “Capital”. Despite the end of the…
Zelenskiy: The gas transit agreement with Russia will not be extended
Ukraine will not extend the Russian gas transit agreement, but is ready to consider requests from European companies, President Volodymyr…
Patrick Pouyanne, TotalEnergies: Gas market uncertainty could persist until 2027
The future of Russian natural gas transit through Ukraine remains one of the main uncertainties for gas prices in Europe,…
Romanian PM to discuss in Brussels the status of the PNRR objectives
Prime Minister Marcel Ciolacu announced on Wednesday, at the beginning of the Government session, that on Thursday he will discuss…
EU reaches a degree of filling of gas deposits of 90%, Romania exceeds 80%
The European Union’s gas storages are 90% full, reaching this level two months before the set date, which guarantees the…
Eurostat: Romania had the highest annual inflation rate in the EU in July
The annual inflation rate in the European Union increased in July to 2.8%, from a level of 2.6% in June,…
Romgaz uses an NS EDGE solution for a new standard in cyber security
Romgaz hosted an important “NS EDGE Cybersecurity Showcase” event on Tuesday, thus marking a considerable advance in strengthening the security…
Hanga, BVB: The fall of the BVB indices is a reaction to what is happening in the international markets
The drastic drops of all indices of the Bucharest stock exchange represent a reaction to what is happening on other…
MET Group accesses a credit facility worth 1.1 bln. euro
The Swiss group MET, one of the fastest growing energy companies in Europe, signed a credit facility (BBF) worth 1.1…
Overproduction of green electricity is pushing prices down to negative levels
On the background of the advance of photovoltaic and wind energy, electricity has increasingly reached the situation where it is…
Ciolacu: Romania – reliable partner of the USA, dedicated to efforts to strengthen energy security in Europe
Prime Minister Marcel Ciolacu and US Energy Secretary Jennifer M. Granholm had a meeting on Tuesday at the Victoria Palace…