Live @ ZF Live, with Cristian Hostiuc and Ciprian Păltineanu – CEO and Chairman of the Board of INSPET SA. (the largest private Romanian shareholding company in the Oil & Natural Gas Infrastructure). We talk about investments and related projects as well as the crucial issues with the oil and gas infrastructure. We also offer our perspectives on the energy business.

“Because a competitive economy relies on a diverse portfolio, experience has taught us that having as diverse an energy mix as possible is advantageous.

The Romanian market currently offers ample room for expansion.

The most serious labor crisis in our industry is not one of high-skilled labor. We have plenty of engineers and design engineers. It’s a contradiction. We have a labor shortage. It is a labor-intensive industry that cannot be automated or robotized. Welding is automated; we are one of only two companies in Romania with automatic and semi-automatic welding installations for large pipes. However, these must also be monitored by a human, an employee.”