It is not normal for Eastern Europe to pay much higher energy prices than Western Europe, as it has happened in recent months, and this is why we have asked the European Commission (EC) for a fair treatment and a functional energy union, Energy Minister Sebastian Burduja wrote on Wednesday on Facebook."As I promised on September 12, I officially asked the European Commission, alongside my Greek and Bulgarian counterparts, for fair treatment and a functional energy union. It is neither fair nor normal for Eastern Europe to pay much higher energy prices than Western Europe, as it has repeatedly happened in recent months. There are two causes for this: the lack of interconnections in central Europe (especially Austria and Slovakia), which means that the flow of cheap energy produced in the West practically stops in Austria and Slovakia; and the additional demand for energy from the Republic of Moldova and Ukraine, which puts additional pressure on prices in our region. I said it clearly yesterday in Warsaw too: we respect the common European single market obligations, but we demand equal rights too. There can be no development without safe and accessible energy. The well-being of our citizens and the competitiveness of the economy, wages and jobs depend on it. That is why we have tried to keep the prices capped for consumers, putting in all our efforts, but we cannot tolerate the inequities on the European energy market," Burduja wrote on Facebook.According to him, at the joint request of Romania, Greece and Bulgaria, which has already been accepted by the European Commission, "we will present the situation and ask for offset measures at the next meeting of the EU Energy Council, which is due in Luxembourg on October 15", because "the truth must be told, and Romania will not be silent in the face of injustices." (Photo:https://www.facebook.com/)
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
