The suppliers of natural gas will be obliged that, between 1st April and 31st October 2022 make storage in underground warehousing for natural gas – of a minimum quantity to ensure the continuity and safety of supply for their end-users or to ensure own consumption and sustainability of the price, according to the draft ordnance regarding the measures applicable to end-users on the market of electricity and natural gas between 1st April 2022 and 31st March 2023. According to the document, the whole quantity of natural gas representing the minimum stocks to be warehoused by each supplier/PET direct client must represent a minimum of 30% of the quantity of natural gas necessary to consumption to end users in the portfolio of own consumption.For the consumption between 1st April 2022 and 31st March 2023, the final prices invoiced by the suppliers of natural gas is maximum 0.31lei/kWh, VAT included, in case of household clients and maximum of 0.37lei/kWh, VAT included, in case of non-household clients whole annual consumption of natural gas made in 2021 at the place of consumption not more than 50,000 MWh.At the same time, the gas natural producers will be obliged to sell at a price set by the government quantities of natural gas from their current domestic production to or directly to suppliers of domestic customers and heat producers.
The National Bank of Romania (BNR) ended 2024 with a profit of roughly RON 3.8 billion (EUR 760 million), a 58% increase compared to the previous year, despite the operations it performed to maintain the national currency's stability. The figures, published in a report on Monday, June 23, show that operating costs for 2024 were […]
Over half of Romanians trust the United States and the United Kingdom, according to the Informat.ro - INSCOP Research Barometer conducted between May 26–30, 2025. Only 11% trust Russia, with higher levels of trust from among far-right voters of the Alliance for the Union of Romanians (AUR) party. The United States is trusted by 52.8% […]
Prahova County launched construction on a major cycling infrastructure project aimed at connecting local vineyard towns and promoting green mobility and sustainable tourism. The initiative, titled “Establishment of Bicycle Lanes on Bachus’s Route,” represents an investment of over RON 25 million, with RON 21 million coming from non-reimbursable funds provided by the Environmental Fund Administration. […]
Forvis Mazars, the international audit, tax and advisory services partnership, is pleased to announce the launch of its International German-Romanian Desk, an initiative aimed at addressing the demand for integrated cross-border tax and legal support between Germany and Romania. The Desk combines a highly qualified German team of lawyers with an interdisciplinary Romanian team of […]
Last week, the BBC reported that Romanian authorities have launched an investigation into Tristan Tate, brother of controversial internet personality Andrew Tate, over allegations he broke election laws by posting political content on social media during the recent presidential elections. The investigation, opened by the Ilfov county police according to the British newspaper's sources, is […]
Bucharest is facing growing environmental challenges, with traffic-related air pollution, shrinking green spaces, and worsening climate impacts threatening the health and well-being of its residents, according to the latest “State of the Environment in Bucharest” report released by the Bucharest Community Foundation through the Environmental Platform for Bucharest. For example, air pollution has already reached […]
