The National Energy Regulatory Authority (ANRE) is investigating 26 energy companies for market manipulation, and fines will be between 5% and 10% of their turnover, the chairman of ANRE, Dumitru Chirita, said on this Wednesday.He was audited in the parliamentary inquiry committee regarding energy prices."We have 26 economic operators being investigated for market manipulation. What we noticed: operator A sells operator B a quantity of electricity, B sells to A the same quantity at inflated prices. And, through this formula of market manipulation, the price increases," Chirita said.According to him, until now, fines have been symbolic, but from now on the law will be applied, meaning that fines will be between 5% and 10% of the company's turnover."It is quite difficult to investigate in this area, but we have equipment that allows us to clone data and information from the operator's electronic systems. It is equipment from the United States, for which every 6 months I have to sign a statement that I am not using it other than the purpose I acquired it for," the chairman of ANRE added.He highlighted that all this data is of confidential nature and he will put it at the disposal of the inquiry committee.
The first padel club in western Romania, Padel Center, will host the first padel tournament within the official calendar of the International Padel Federation (FIP) organized in Romania and the Balkans. The FIP SILVER ROMANIA tournament will take place from May 26 to June 1, on the Padel Center courts in Dumbrăvița (6 Praga Street), […]
Romania’s Competition Council has authorized the transaction through which electronic retailer Altex takes over DIY chain Brico Depot Romania, a network with 32 stores and 2,000 employees, in a deal valued at EUR 70 million. Altex is one of the leading retailers of electronics in Romania, while Brico Depot offers products in categories such as […]
Romanian poets Teona Galgoțiu and Radu Nițescu, along with Swedish poets Jonathan Brott and Filip Lindberg, will take part in the 13th edition of the Romanian-Swedish Translation Workshop, to be held between April 23–30 in Stockholm. The workshop is organized by the Romanian Cultural Institute in Stockholm and the National Book Center (CENNAC) in partnership […]
The Irish dance group Lord of the Dance will return to Romania on April 2 and 3, 2026, with the "30th Anniversary Tour." The troupe founded by the well-known Michael Flatley will perform the two shows in Romania on April 2, at the BT Arena Polyvalent Hall in Cluj Napoca, and on April 3, at […]
The National Opera in Bucharest will host the "I Exist Too!" charity concert, featuring Byzantine music, in support of children diagnosed with autism, on May 26. The goal of the concert is to raise the necessary funds to support families whose children have been diagnosed with autism spectrum disorders. All proceeds from donations and ticket […]
Schwarz IT continues its development and aims to expand its team in Romania by approximately 30% in 2025, opening opportunities for IT specialists who want to contribute to complex digitalization projects. Available positions include Cloud Network Engineer, DevOps Engineer AI, ServiceNow Developer, Junior and Senior GO Software Engineer, Adobe Experience Manager Software Developer, PhP Developer […]
