Under an Emergency Ordinance adopted by the government on Wednesday, the suppliers are required to recalculate within 15 days the wrong energy bills where the capping and offsetting mechanisms were not applied, Energy Minister Virgil Popescu announced at a briefing at the end of the government meeting."As promised, the government introduced today the suppliers' obligation to redo the wrong bills, that is those where the capping and offsetting mechanisms were not applied. The suppliers shall do the recalculation with no penalties in 15 days' time and invoice payment is also suspended during these 15 days," said the Minister.He pointed out that in order to prevent "any potential abuse by a party" towards customers, utility shutoffs are prohibited as long as this Emergency Ordinance is in force. For exemple, Electrica Furnizare reversed over 2.2 million invoices that did not include the compensation and capping from November 1, and will issue an equal number of new recalculated invoices, according to a press release of the National Authority for Consumer Protection (ANPC), sent on Wednesday ."Until this hour, by way of example, the economic operator Electrica Furnizare, through the report of finding the contravention, has reversed 2,232,224 invoices to which the concepts of compensation / capping from 1.11.2021 were not included, and an equal number of invoices calculated according to the legal norms in force are to be issued in mirror," the representatives of the ANPC say.The ANPC inspectors found that the capping and compensation of the prices according to OUG no. 118/2021 starting with 01.11.2021 was not applied; the table on electricity consumption, on the company's website, does not include the daily reference consumption, the 10 pct margin included; the information on the compensation of the electricity and natural gas bills, sent to the clients, do not contain the elements of which the amount to which the compensation is applied is composed; failure to return on time the advance paid on transfer to another supplier.ANPC also found the non-observance of the deadline to respond to the requests of the petitioners for the conclusion of the contracts for the supply of electricity and natural gas, putting the consumers in the situation of not knowing the status of the contract for a period of up to 60 days.At the same time, the contracts issued do not contain the price of the services in the price of gas, only the total price, so that the consumer cannot verify the method of calculating the compensation granted.
A street in Bucharest’s District 3 has been closed to traffic after the state-owned gas network operator Transgaz warned that it had been built over natural gas pipelines in violation of safety standards. Brățării Street was allegedly built by the District 3 City Hall in the area without proper measures in place. Vehicular traffic over […]
Paysera is strengthening its position in Romania by targeting a gap long overlooked by traditional banks: affordable, fully digital financial services for small and medium-sized businesses. In an interview with Romania Insider, Daniel Turbatu, Country Manager of Paysera Romania, says the company’s biggest advantage remains its free business account, which can be opened entirely online […]
DN Agrar Group (BVB: DN), one of the leading integrated agrifood companies in Romania and the largest dairy milk producer in Europe, reported record results for the first nine months of 2025. The company achieved a turnover of RON 158 million, a 25% increase year-on-year, while net profit doubled to RON 43 million, backed by […]
Presidential adviser Ludovic Orban is leaving his position after just six weeks in office, following a mutual agreement with president Nicușor Dan to end their collaboration, the Presidential Administration announced on Tuesday, November 18, as reported by Agerpres. Orban, a former prime...
Yellow Fresh Fruits has quickly emerged as one of Romania’s most dynamic fresh fruit importers, reshaping a market where consistency and speed increasingly define competitiveness. In an interview with Romania Insider, Fryderyk Schiller, COO of Yellow Fresh Fruits, outlines how the company expanded from its Polish origins to operating advanced ripening centers in Timișoara, Bucharest, […]
The design phase for the most difficult section of the A8 highway, namely Lot 2B Grinţieş-Pipirig, has begun, according to a statement given by Romanian transport minister Ciprian Şerban on Monday, November 18. The contract for the section, valued at RON 5.97 billion (EUR 1.17 billion), was signed at the end of October. In total, […]
