România

Saipem extends Romanian drilling works

Italian company Saipem announced an extension of their Romanian drilling contracts, as part of overall new contracts worth an overall…

Cîțu: Romania seeks EU ”flexibility” on budget and energy tax

Romania’s new finance minister is asking Europe to allow “flexibility” in its budget rules as the pro-EU government in Bucharest…

Romania, among the EU countries with the lowest consumption and GDP per capita

Bulgaria, Hungary, Croatia and Romania last year had the lowest effective individual consumption (AIC) per capita expressed in standard purchasing…

Dăianu: Romania’s problem is to not get out of the capital markets

Romania’s problem is not to get out of the capital markets, and if we face a situation similar to the…

EU states, including Romania, reject green finance law, in setback for climate goals

European Union states have rejected a set of rules governing which financial products can be called “green” and “sustainable”, an…

Romania, among the EU countries with average economic growth in Q3

Romania was among the states of the European Union with an average economic growth in the third quarter (Q3) of…

Mînzatu: Romania has not released any euro from the current financial year

Romania has not decommitted any euro from the current financial year, and for the operational programs coordinated by the Ministry…

Romania seems to have lost the race to attract Volkswagen

Romania had the best country bid for Volkswagen in the competition to open a factory, but the decision was taken…

Romania, 32nd place in the European ranking of average purchasing power per capita

The average purchasing power per capita is, in Romania, of 5,881 euro, while the average amount that a European has…

Romania imported more electricity from Hungary in August

Romania had, in August, a status of net electricity importer from Hungary as a result of the decrease of hydro,…

The EC requires Romania to comply with its reporting obligations in the field of waste

The European Commission announced Thursday that it has sent letters of delay to 15 EU member states, including Romania, which…

10 years in Romania: EDP Renewables is highly committed to ecological transition and its local communities

“EDPR is committed to Romania as a market and hub for technological development,” said Eduardo Nieto, EDPR’s country manager for…

By February 2020, Transgaz wants to set up the company that will operate the Romanian gas hub

Transgaz has signed a cooperation agreement with the Austrian Central European Gas Hub AG – CEGH to establish the gas…

EU money for the Republic of Moldova to build power link with Romania

Following an initial €160 million loan provided by the EBRD and the European Investment Bank (EIB) in equal parts, the…

ANRE Romania and ANRE Moldova strengthen their cooperation and assistance program

On September 26, 2019, a Cooperation and Assistance Program was signed between the National Agency for Energy Regulation of the…

Transgaz announces that the reverse flow from Isaccea to Orlavka is operational

Transgaz, through its subsidiary, Eurotransgaz, bought Vestmoldtransgaz, transforming it into a private company, says Marius Stoica, advisor to Transgaz’ general…

Hungary’s response to risks related to natural gas supply (Interview with Pál Ságvári)

Pál Ságvári, Ambassador-at-Large for Energy Security, Ministry of Foreign Affairs and Trade of Hungary talks about energy security, diversification of…

Hungary and Romania had the highest growth rates in the EU in Q2

Hungary recorded, during the period April-June 2019, compared with the previous quarter, the most significant advance of the economy in…

Infrastructure projects in the Black Sea countries – more at the 7th edition of the Black Sea Oil and Gas Conference!

In partnership with Global Data, Globuc – the organizers of the Black Sea Oil and Gas Conference (October 23-24, Bucharest)…

Onshore profile of the Black Sea countries – more at the 7th edition of the Black Sea Oil and Gas Conference!