BUSINESS

Romania has energy in excess, export essential – minister says

Romania has exceeding energy and export is essential to capitalize on this resource, and the program of interconnection development must be continued in this respect, according to Minister of Economy Constantin Nita. He paid an official visit to Montenegro during March 10 and 11 and the delegation included director of Energy Complex Oltenia Laurentiu Ciurel and general director of Hidroelectrica Mihail Stanculescu, according to a press release. “(…) Montenegro needs energy to support the industrial groups on its territory. I trust the presence of Romanian companies on the regional power market will be increasingly active, and we have to continue the program of interconnection development and to set strategic contacts in the region,” added Constantin Nita. During the visit, meetings with the Government and Parliament officials in Montenegro were scheduled, Prime Minister Milo Dukanovic, vice-PM and Minister for Informational Society and Communication Vujica Lazovic, Minister of Economy Vladimir Kavaric. The agenda of talks included the cooperation between the two states in the following areas, trade, energy, tourism, ICT, agriculture. The two parties agreed upon an idea of a more powerful trade which amounts to roughly EUR 20 million, below the potential of the two states.

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