The increase in natural gas prices is directed by the Russian Federation, through Gazprom, stated, on Friday, the Minister of Economy, Virgil Popescu, on Facebook."My opinion, regarding gas, is that after Nord Stream 2 is operational we will see a drop in price," claimed Virgil Popescu.On the subject of electricity prices, the Minister of Energy mentioned that the producers that don't use fossil fuels are presently selling energy at the marginal price on the market, in the context in which the Green Deal increased by over 100 pct the price of carbon certificates paid by producers of energy sourced from fossil fuels."Referring with electricity, the Green Deal led to an increase from 22 to 55 euro of the CO2 certificate. All the other producers that do not use fossil energy, that don't pay CO2, they sell energy with the marginal price of the market, that's the reason for this increase, corroborated with economic growth, with a return from the pandemic, an increase of electricity both in Europe and in Asia, where there is a lot of consumption. Both in electricity, as well as in gas, the increase of consumption was very high," said Virgil Popescu.The Minister of Energy stated that 10 million Romanians will receive this winter money from the Government for the payment of gas and electricity bills.Minister Popescu also showed that the main concern of the institution he leads is the creation of new production capacities for electricity and the development of the gas transport network, recalling that during the "Black Sea and Balkans Security Forum" conference he reiterated that the development of nuclear energy is essential for decarbonation.
The international transport and logistics company Gebrüder Weiss recently inaugurated a new hub in the southeast of Bucharest, consolidating its position in the Romanian market. The new terminal, located in Popești-Leordeni, became operational after a EUR 20 million investment, and will eventually lead to the creation of 90 jobs. "The new location complements the already […]
Raiffeisen Bank Romania has finalized the selection process for MoonShotX - a unique project on the local market, supporting companies with a turnover between 5 million and 50 million euro (Mid-Corporate) to expand their business internationally. After a selection period of 3 months, 22 companies were selected out of a total of more than 760 […]
Writer and translator Corina Oproae has won this year’s Premio Tusquets Editores de Novela for the novel La casa limón, set against the background of the Ceaușescu regime. Oproae, who was born in Făgăraș, has been living in Spain since 1998. She has published the poetry books Mil y una muerte, Intermitencias,...
NN Group, active locally in the private pension and insurance segments, and impact venture fund Rubio Impact Ventures have launched the NN Social Innovation Startup Awards competition, which aims to boost early-stage tech startups working to create a positive impact. The competition takes place in ten countries in Europe, including Romania, and in Japan. The […]
Dubai, a city noted for its abundant way of life and tall towers, also offers a wide variety of affordable living choices appealing to investors worldwide, including Romania. Dubai offers an appealing prospect with its strategic position, strong economy, and friendly investment environment for those wishing to make economical real estate investments. Whether you are […]
The Apprentice, director Ali Abbasi's new movie in which Romanian-born actor Sebastian Stan plays a young version of Donald Trump, will arrive in cinemas in Romania on October 18, one week after the US release date, according to Paginademedia.ro. The feature was selected in the main competition at Cannes this year. The...
