Almost 27% of the gas thermal units in Romania are older than ten years and should be replaced, according to the results of a survey made by E.ON. A condensing power plant can reduce natural gas consumption by up to 30%. E.ON mentions the fact that, in a context of increased volatility of the energy prices, energy efficiency measures for the reduction of consumption without affecting comfort, with the purpose of dropping the value of the energy bills, must be a preoccupation for all users. Replacing old, low-efficiency and high-consumption plants with new, energy-efficient ones is one of the most affordable solutions. A condensing power plant provides up to 30% reduction in natural gas consumption due to 108% efficiency compared to conventional power plants. The benefit for the user is the reduction of the gas consumption up to approximately 3,600 kWh per year, for an average annual consumption of almost 12,000 kWh, with an economy for the bill to almost 1,000 lei per year. The German group E.ON is one the leaders on the energy market. The companies in the group, Delgaz Grid, E.ON Energie Romania and E.ON Asist Complet develop activities of distribution, energy supply and energy solutions, namely technical ones for almost 3.4 million users. Since they entered the Romanian market, E.ON has invested over 1.9 billion euro, mainly in the modernization of the grid. At the same time, the value of the contributions to the state budget and the local budgets is 2.7 billion euro.
Romanian prime minister Marcel Ciolacu announced during the first government meeting this year that over 200 kilometers of highways and express roads are planned to be inaugurated in 2025. Among the key projects highlighted was the Focșani-Brăila expressway, valued at over EUR 1 billion, for which multiple bids have been submitted,
SevenX Ventures increased its stake in Holde Agri Invest, one of Romania’s largest agricultural land operators, the company announced. At the same time, Leonard Leca, a member of Holde’s Board of Directors and an investor in SevenX Ventures, increased his holding in SevenX Ventures to 71%, resulting in a reduction of Vertical Seven Group’s stake […]
The Romanian executive recently granted emergency approvals for banned bee-killing pesticides in clear violation of European regulations, according to the European branch of the well-known US political news outlet Politico. Specifically, the Romanian ministry of agriculture greenlit the use of Cruiser 350 FS - a neonicotinoid insecticide banned in the EU due to its devastating impact...
Romanian finance minister Tanczos Barna confirmed on January 9 that the tax collection agency ANAF, together with the judicial bodies, is investigating the financing of the electoral campaign of former presidential candidate Călin Georgescu, focusing on "the manner and flows of money that arrived from various sources." "It is an investigation alongside the judicial bodies, […]
Romanian energy minister Sebastian Burduja announced that he is considering extending the capping-compensation scheme, in its current form, for another 3-6 months after April 1, 2025 – when it was supposed to be phased off. The ministry is working on several scenarios, he said. One of the scenarios is to keep the compensation-cap scheme for […]
Turkish exporters want to use a new maritime route for their goods and are looking at Romania’s port of Constanta in the context of hundreds of trucks waiting for a long time at the border crossings with Bulgaria, especially at those at Kapikule and Hamzabeyli, according to Türkiye Today. ...
