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.
The Romanian Senate adopted a draft law that automatically extends provisional protection orders and increases penalties for violating them on Monday, October 27. A total of 120 votes were recorded in favor. The bill extends provisional protection until the resolution in the first instance of the request for it, amending Law no. 217/2003 on preventing […]
BraveX Aero, a Romanian manufacturer of fixed-wing, long-range drones, announced on Tuesday, October 28, the signing of a strategic partnership with Germany’s Uniq Things UG, a technology company specializing in autonomous coordination and software for drone swarms. The technology allows for the simultaneous deployment of multiple drones, contributing to increased information and response capabilities for […]
The medieval citadel of Sighişoara, in central Romania, will host the first edition of the “Halloween in the Citadel” festival. The event will take place this weekend, between October 31 and November 2. The entire city center will be decorated in the spirit of Halloween with the ocassion. The towers and historic houses inside the […]
Romania ranks among the European Union countries with the highest share of people living in severely inadequate housing, according to new data compiled by Monitorul Social, a project of the Friedrich-Ebert-Stiftung Romania, based on Eurostat figures for 2023–2024. The report showed that 9.6% of Romania’s population lives in conditions classified as “severe housing deprivation,” meaning...
Haier Tech Europe is selling its manufacturing plant near Ploiești, in Romania’s Prahova county, as part of a broader restructuring of its European production network. The company has appointed real estate consultancy Colliers as the exclusive consultant for the transaction. The decision follows Haier’s recent strategic review, which led to the discontinuation of operations at […]
Romanian agricultural company Agroserv Măriuța, owner of the Lăptăria cu Caimac brand, announced the launch of a private placement for a new corporate bond issue with a value of up to EUR 3 million on Tuesday, October 28. Denominated in euros, the bonds will have a nominal value of EUR 100 each, a fixed annual […]
