Romania’s transport and communications infrastructure must be upgraded and the digital abilities of the population should be strengthened, European Commissioner Elzbieta Bienkowska (Internal Market, Industry, Entrepreneurship and SMEs) told a specialist conference on Friday.
Romania should ensure a sustainable growth to the benefit of all its citizens, she said. She also encouraged the government to continue the macroeconomic structural reform, to increase investments.
The state-owned companies’ governance should be improved; the transport and communication infrastructure should be upgraded; the population’s digital skills must be strengthened; the absorption of European money should increase; more investment opportunities are necessary, the Commissioner pointed out. She admitted that it takes difficult, sometimes strategic decisions and acknowledged, based on her own experience in Poland, this might be hard.
Bienkowska hailed the government’s determination and asserted that the reward this time could come earlier rather than later.
The European official mentioned that Europe needs strategic investments and a friendly investment milieu, this being in fact the main message on the European investments plan.
Economy Ministry welcomes European Commission investigation on Oltchim
The Ministry of Economy, Commerce and Relations with the Business Environment sees a European Commission investigation on Oltchim petrochemical company’s debt write-offs as an important step to clarify the process of economic reorganization and sale, states a release to Agerpres on Friday.
The Romanian government has an open dialogue with the EC on this topic, aiming at the continuation of Oltchim’s economically viable operations, the document mentions.
“The current financial results of the chemical factory have improved, which makes us confident about finding investors,” ministry officials added.
“The investigation opened by the European Commission will result in the clarification of older problems of the Oltchim company and will decide whether the state acted as a private lender to Oltchim. In the context of favourable prospects of selling the company, the clarification of these issues is important to provide legal security to a potential investor. Preserving the industrial activity in the Ramnicu Valcea area and preserving the jobs are our priorities, ” the release quotes Vice Prime Minister and Minister of Economy, Commerce and Relations with the Business Environment Costin Borc.