Energy Minister Bogdan Ivan rejected on Thursday the "fake news" according to which Romania is providing electricity to the Republic of Moldova for free or at half price."I want to make a plain clarification regarding some fake news which I have seen in the last period, according to which Romania provides free energy to the Republic of Moldova and so on. I have requested the data on the SPOT market. Today, all the energy traded in Romania, Serbia, Bulgaria, Greece, Moldova, Ukraine, Hungary is done on the stock exchange. Depending on the price at certain hourly intervals, it is bought and sold. And to give you a very clear example, in order to finally put this myth to rest, in July, on average, Romania imported electricity at 104 euros per megawatt and sold it at 127 euros, meaning it sold at a higher price than it imported. In August, it imported at an average of 78 euros per megawatt and exported, meaning sold, at 115 euros per megawatt, so it sold at a higher price than it bought from the Republic of Moldova," the minister told a news conference at the Government.He explained that the price of electricity in the Republic of Moldova is low because the Government has a subsidy mechanism and because it eliminated the VAT on electricity."And I want to put an end once and for all to this myth and these lies spreading online, especially those according to which Romania uses part of its strategic advantages to sell electricity at half price to a neighboring country, a friendly country, a country with many friends, extremely important to us, which we value, but that's one thing, and another is another," Bogdan Ivan argued. (Photo:https://gov.ro/)
NOCA (New Oradea Contemporary Art), a hub for to contemporary visual art, is set to open next month in Oradea, in northwestern Romania. It is meant as a "cultural lab dedicated to meetings between modern and contemporary art, multidisciplinary practices and events, and established and emerging artists." The center was founded by Oradea City Hall […]
Representatives from across the Romanian diaspora and officials from Romania and the United States will take part in this year’s Romanian Community Summit 2025 (RoSummit 2025), set to take place in Chicago on September 20. The event is organized through a partnership of the Romanian-American community in Chicago and other diaspora organizations. It will focus […]
Via Transilvanica, the long-distance trail stretching between Putna, in northern Romania, to Drobeta Turnu Severin, in the southern part of the country, could receive funding of EUR 6 – 7 million from the European Economic Area (EEA) and Norway Grants 2021-2028, Investments and European Funds minister Dragoș Pîslaru told
Romania has chosen Teodora Ana Mihai’s Jaful Secolului/Traffic as its official entry for the Best International Feature Film category at the 2026 Academy Awards. Starring Anamaria Vartolomei, Rareș Andrici, and Ionuț Niculae, the movie will be released in Romanian cinemas on September 23. The film, written by Palme d’Or winner Cristian Mungiu and directed by Mihai, […]
President Nicușor Dan and defense minister Ionuț Moșteanu said on Wednesday, September 10, that Romania stands in full solidarity with Poland after Russian drones crossed into its airspace overnight, calling the incident an unacceptable violation of a NATO ally's sovereignty and a dangerous escalation. The Polish military shot down the drones,
Bucharest is emerging as one of Europe’s most attractive locations for Global Capability Centres (GCCs) as multinational companies seek lower costs and skilled talent amid tight labor markets in Western economies, according to a new study by Savills and CoreNet Global. The Romanian capital ranked 14th among 27 global GCC destinations for office costs, averaging […]
