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.
A street in Bucharest’s District 3 has been closed to traffic after the state-owned gas network operator Transgaz warned that it had been built over natural gas pipelines in violation of safety standards. Brățării Street was allegedly built by the District 3 City Hall in the area without proper measures in place. Vehicular traffic over […]
Paysera is strengthening its position in Romania by targeting a gap long overlooked by traditional banks: affordable, fully digital financial services for small and medium-sized businesses. In an interview with Romania Insider, Daniel Turbatu, Country Manager of Paysera Romania, says the company’s biggest advantage remains its free business account, which can be opened entirely online […]
DN Agrar Group (BVB: DN), one of the leading integrated agrifood companies in Romania and the largest dairy milk producer in Europe, reported record results for the first nine months of 2025. The company achieved a turnover of RON 158 million, a 25% increase year-on-year, while net profit doubled to RON 43 million, backed by […]
Presidential adviser Ludovic Orban is leaving his position after just six weeks in office, following a mutual agreement with president Nicușor Dan to end their collaboration, the Presidential Administration announced on Tuesday, November 18, as reported by Agerpres. Orban, a former prime...
Yellow Fresh Fruits has quickly emerged as one of Romania’s most dynamic fresh fruit importers, reshaping a market where consistency and speed increasingly define competitiveness. In an interview with Romania Insider, Fryderyk Schiller, COO of Yellow Fresh Fruits, outlines how the company expanded from its Polish origins to operating advanced ripening centers in Timișoara, Bucharest, […]
The design phase for the most difficult section of the A8 highway, namely Lot 2B Grinţieş-Pipirig, has begun, according to a statement given by Romanian transport minister Ciprian Şerban on Monday, November 18. The contract for the section, valued at RON 5.97 billion (EUR 1.17 billion), was signed at the end of October. In total, […]
