about us | newsletter | contact | archive | members area
Gheorghe Ciubotaru, Electroalfa
We are witnessing a continuous process of adaptation to the mechanisms in the market»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Transgaz signs Memorandum of Understanding for the Vertical Corridor

Transgaz hosted the meeting between the representatives of the gas transmission system operators in Greece - DESFA, Bulgaria - BULGARTRANSGAZ, Romania - Transgaz, Hungary - FGSZ and ICGB - company responsible for the development, building and operation of the Interconnector Greece - Bulgaria, for the conclusion of the Memorandum of Understanding for the Vertical Corridor for gas transmission in the north south direction.

2017-07-20 15:02:08

The signing of the Memorandum of Understanding defines the joint intention of the natural gas transmission operators in Hungary, Romania, Bulgaria and Greece for a more intense future cooperation on gas transmission from Greece to the transited countries and beyond - towards the EU market - via Bulgaria, Romania to Hungary, providing technical possibilities for reverse flow.

The meeting in Bucharest is particularly important for the European and regional energy cooperation, being an illustration of the active participation of Romania and the companies in the industry in the dialogues dedicated to the European strategic energy security objectives.

The Vertical Corridor for gas transmission is one of the ways for the economic strengthening and development along the North-South corridor, the Memorandum of Understanding being the result of intensive efforts in recent years for the most advantageous positioning of energy projects proposed or supported by Romanian companies on the European Union list of priority objectives and to receive European financial support.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  12988 Views
Daily Info
Vardinogiannis Group finalized the acquisition of Marfin Bank in Romania

Vardinogiannis Group, one of the most solid and well capitalized business conglomerates in Europe, finalized the acqusition of Marfin Bank, after receiving approval from the N...

Continental to list powertrain division mid-2019

Continental is moving ahead with an initial public offering of its powertrain unit and new corporate structure in the car-parts maker's biggest overhaul in decades.

Porsche Engineering Romania relocates its headquarters in Cluj-Napoca

Two years after its official opening event, Porsche Engineering Romania inaugurated its new headquarters in Vivido Business Center in Cluj.

Dacia posts half-year sales record

Dacia posted a half-year sales record in Europe with 281,225 vehicle registrations (up 14.6 per cent) and a record 2.9 per cent share of the market, according to world sales r...

Industry 4.0: EIB supports construction of new Arctic factory in Romania

The European Investment Bank (EIB) is lending 68 million Euro to white goods producer Arctic to finance the construction of a large-scale washing machine production plant feat...

 
 
   
advertising

advertising

advertising

advertising

More on News
Anca Jurma named interim chief prosecutor of Romanian anti-corruption agency

Prosecutor Anca Jurma has been named the interim chief prosecutor of the Romanian anti-corruption agency (DNA) following an order by the General Prosecutor Augustin Lazar. ...

2 Comments

Continental to list powertrain division mid-2019

Continental is moving ahead with an initial public offering of its powertrain unit and new corporate structure in the car-parts maker's biggest overhaul in decades.

Engie acquires Romanian IoT company Flashnet, specialized in Smart Public Lighting

ENGIE announces the acquisition of 60 per cent of Flashnet, a Romanian Internet of Things (IoT) company.

Dacia posts half-year sales record

Dacia posted a half-year sales record in Europe with 281,225 vehicle registrations (up 14.6 per cent) and a record 2.9 per cent share of the market, according to world sale...

Romanian M&A market speeds up in Q2, says Deloitte

The M&A market in Romania marked a significant recovery in the second quarter of this year, reaching 391 million Euro, compared with 258 million Euro in the first three mon...

1 Comment

Healthy Central European private equity activity levels set to continue, says Deloitte

The strong momentum underway in Central Europe's private equity markets should continue, according to the latest Deloitte Central Europe Private Equity Confidence Survey.

1 Comment

Vardinogiannis Group finalized the acquisition of Marfin Bank in Romania

Vardinogiannis Group, one of the most solid and well capitalized business conglomerates in Europe, finalized the acqusition of Marfin Bank, after receiving approval from th...