AcasăEurope NewsRomanian PM Ciuca: Implementation of projects through Energy Infrastructure Modernisation Fund, objective...

Romanian PM Ciuca: Implementation of projects through Energy Infrastructure Modernisation Fund, objective for achieving energy independence

Published on

The implementation of the projects financed through the Modernisation Fund for the development and modernisation of the national energy infrastructure is an important objective of the Government in order to achieve the energy independence of our country, PM Ciuca said on Monday, at the Victoria Palace of Government, at the signing ceremony of financing contracts through the Modernisation Fund for the development and modernisation of the national energy infrastructure, according to Agerpres.

„The Modernisation Fund, worth 13 billion euros, is a source that we must capitalize on. And, at this moment, beyond the measures we have taken, so that we can protect the citizens and the economy, it is very important to put to good use and to work the money we have in the Modernisation Fund, so that we can modernise and develop the current energy system,” said Nicolae Ciuca.

He expressed his conviction that the government’s plans regarding the modernisation of the energy infrastructure will be carried out by the Ministry of Energy and the other responsible institutions.

The ceremony was also attended by the Minister of Energy, Virgil Popescu, the Secretary General of the Government, Marian Neacsu, and the President of the Transelectrica Directorate, Gabriel Andronache.

Agerpres

Latest articles

Euro trades at 4.9765 RON

The exchange rate of the national leu currency resulting from the quotations announced on...

Antibiotice Iasi reports net profit of 87.9 million RON, up 15 pct, in first nine months

Romanian drug manufacturer Antibiotice Iasi recorded a net profit of 87.9 million RON in...

Fondul Proprietatea, profit of 209.6 million RON in the first nine months

Fondul Proprietatea ended the first nine months of this year with a net profit...

Bucharest Stock Exchange opens Friday’s session in the red on most indices

The Bucharest Stock Exchange (BVB) opened with declines on most indices on Friday, and...

More like this

Euro trades at 4.9765 RON

The exchange rate of the national leu currency resulting from the quotations announced on...

Antibiotice Iasi reports net profit of 87.9 million RON, up 15 pct, in first nine months

Romanian drug manufacturer Antibiotice Iasi recorded a net profit of 87.9 million RON in...

Fondul Proprietatea, profit of 209.6 million RON in the first nine months

Fondul Proprietatea ended the first nine months of this year with a net profit...