Compensation of gas and electricity bills will be applied as of November 1, for both household consumers, and for non-household ones, because we must also take into consideration SMEs and small companies, Prime Minister Florin Citu declared on Thursday."At this moment, I want to be sure that what we are doing on the compensation side to be quick, simple, and not to involve the consumer too much. And here I want to be very clear, I am talking about the household and non-household consumer, because this is also about SMEs and small companies, which do not have the same negotiating power as a large company. So, we are talking about the household and non-household consumer. Solutions will be for both categories and we will have this solution as quickly as possible, so that they will come into effect as of November 1," Citu explained, during the online debate "Capping versus Compensation. The saving solution for the topic of the moment: electricity and natural gas bills", organized by DC News.The Prime Minister said that this compensation needs to be "a good, simple, transparent product", which will be used this winter, but also in the future for "other exceptional situations"."Compensation moves forward, November 1 - May 31, there is no discussion here," Citu added.According to him, there will be approximately 5.3 million households, which is almost 10,000,000 people.The PM also advised caution in the case of an eventual capping of electricity and gas prices, because Romania is a producer of electricity and gas, but it must make sure that it will not affect the companies' investment plans. But, he added, if the European Union decides on capping prices, then Romania will do the same.
Renowned Romanian mountaineer Horia Colibășanu reached the summit of Nanga Parbat (8,125 meters), the ninth-highest mountain on Earth, on Friday morning, July 4, marking his 11th successful climb of a peak over 8,000 meters. The ascent represents a major milestone in his ongoing quest to conquer all 14 of the world's eight-thousanders. Colibășanu's expedition began […]
UiPath (NYSE: PATH), a global leader in agentic automation, today announced that it has named Romanian Olympic swimming champion David Popovici a Global Ambassador. In this capacity, Popovici will be attending and speaking at several UiPath events globally. The partnership, spanning four years, will support the young athlete throughout his preparation for the biggest European […]
Confident Agency, an independent full-service communications agency with offices in Bucharest and Barcelona, has achieved international B Corp Certification, becoming the first agency in Romania and in Central and Eastern Europe to join the global B Corp movement. This milestone marks a turning point in the agency’s journey and in the regional creative industry. Confident […]
Romanian star Simona Halep will bid farewell to professional tennis in front of her home crowd on June 13, 2026, during the Sports Festival in Cluj-Napoca. Organizers have confirmed the date of her official retirement match, which will take place at BTarena and serve as the highlight of the festival’s seventh edition,
In the commercial year stretching between July 2024 - June 2025, Romania registered the largest wheat, barley, and corn exports in the European Union, according to European statistical data. The quantity of common Romanian wheat sold from July 1, 2024, to June 29, 2025, stood at 5.4 million tons, valued at EUR 1.2 billion, at […]
After its successful 2024 debut, Rooftop Season is back this summer with a new lineup of open-air concerts on the rooftop of the National Theatre in Bucharest. This year's edition, organized by Overground Music in partnership with the National Theatre, kicks off on July 7 and will feature weekly performances by some of Romania’s most […]
