Italian investors in Romania concerned about the risk of higher taxes in 2025
Romania’s economic growth has accelerated in recent years, but the outlook for 2025 raises questions. The risk of fiscal changes,…
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Economics&Markets
Main results of the European project “ClimAct CEE – Low Carbon Zones and air pollution abatement” in Romania
The ClimAct CEE project, co-financed by the European Climate Initiative (EUKI) Programme with a 2-year implementation period, had as its…
Bazavan: Romania continues to provide emergency energy resources to Ukraine
Romania will continue to provide emergency energy resources to Ukraine, but there is a problem of capacity and interconnectivity, because…
Romania recorded the highest current account deficit in the EU in Q2
The European Union recorded a current account surplus of €130.4 billion (2.9% of GDP) in the second quarter of 2024,…
Eurelectric: Saving European industry requires a greater degree of electrification
Three quarters of the electricity generated in the EU this year came from clean energy – shows the Power Barometer…
Kremlin cannot report the planned nationalization of energy companies
The Kremlin announced on Wednesday that it cannot confirm the report according to which the Russian Ministry of Energy presented…
Global IPOs remain resilient amid elevated uncertainty and market volatility
Amid a global economic slowdown, market volatility, geopolitical shifts and monetary easing, the global IPO market in Q3 2024 has…
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…
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…