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/)
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
