Energy Minister Sebastian Burduja foresees a rise in gas consumption in Romania, despite the political agreement reached at the EU Council on Monday on a recommendation to continue coordinated demand reduction, www.euractiv.com reads. Romania does not expect to reduce its gas consumption and relies on its domestic production sources, especially looking ahead to 2027 when the Neptun Deep project is scheduled to start production, positioning Romania as the main gas producer in the EU. On Monday, the Council reached a political agreement on a recommendation to continue coordinated demand reduction. The Council’s agreement is more of a recommendation than a commitment in the context of the need for certain European states to reduce their dependence on Russian gas, Burduja said. Minister Burduja anticipates increased gas consumption in Romania by “reactivation of the chemical fertiliser industry and by expanding gas distribution networks to the population through the Anghel Saligny program”. Although the security of supply in the EU has improved, it is still necessary to further reduce demand to ensure sufficient gas storage for the coming winter. Member States are encouraged to further reduce their gas consumption by at least 15% by 31 March 2025 compared to their average gas consumption between 1 April 2017 and 31 March 2022. This recommendation will help member states take adequate supply security measures until the transposition of the directives on energy efficiency and renewables in 2025, which will bring structural demand reduction in the near future while achieving the EU’s decarbonisation goals.
Roughly 8 out of 10 chief financial officers, or CFOs, from Romania’s largest companies say they now need constantly updated financial forecasts, unlike previous years when the focus was primarily on financial results, budgeting, and accounting, according to Inulta, a company specializing in Corporate and Enterprise Performance Management. The forecasts come to offer a degree […]
Romanian prosecutors have placed a precautionary seizure on the accounts and assets of the mercenary Horațiu Potra, in a case of tax evasion, embezzlement, and money laundering. The measure targets over RON 24 million, nearly 30 kilograms of gold, a property in Bucharest, and 11 properties and apartments in Sibiu. According to investigators cited by […]
The first sales figures from two of the largest European markets, France and Germany, both major markets for the Dacia brand, show that the debut of the carmaker's largest SUV, the Bigster, has been impressive. June data on car registrations in Germany show that the Dacia Bigster managed to sell 1,227 units in its second […]
After a 2024 marked by adaptation and consolidation, Romanian eCommerce entered 2025 with a more restrained dynamic. According to MerchantPro Compass, the biannual analysis conducted by MerchantPro, a SaaS eCommerce platform supporting over 2,000 active online stores—the first half of this year confirms a paradigm shift: it’s no longer about how much you sell, but […]
The TIFF Unlimited Caravan is hitting the road for the 16th consecutive year, bringing a diverse selection of Romanian and international films to audiences across the country. From July to September 2025, the traveling film series will stop in ten towns and cities, offering outdoor and indoor screenings of comedies, love stories, and family-friendly films. […]
Home sales decreased by 3.4% in Romania in the first six months of 2025 when compared to the result registered in the same period last year. Sales were down 7.9% in Bucharest and Ilfov in the same period, according to a market analysis issued by real estate consultant SVN Romania and based on official statistics […]
