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.
The number of people in Romania at risk of poverty stood at 3.59 million people in 2024, 375,000 fewer than in 2023, representing a 9.4% decrease, according to data from the National Institute of Statistics, or INS. Despite the improvement, nearly one in five Romanians was affected by poverty last year. According to INS, 19% […]
The European Public Prosecutor’s Office (EPPO) in Cluj-Napoca carried out multiple searches on Tuesday, July 1, at the Sibiu International Airport and the Sibiu County Council as part of an investigation into suspected fraud involving a EUR 54 million EU-funded infrastructure project. A total of 24 locations were searched across Bucharest, Brașov, and Sibiu county, […]
A Romanian taxi driver who scammed 90-year-old Nigerian Nobel Prize laureate Wole Soyinka was detained by police on Sunday, June 29, according to media reports. On Friday, June 27, the venerable Nigerian arrived at Bucharest's Otopeni Airport. He got into a taxi and asked to be taken to a hotel downtown. At the destination, the […]
Costin Șerban, a Romanian entrepreneur, is digitalizing the construction sector in the United Kingdom with an ERP (enterprise resource planning) solution developed over 12 years and an investment of GBP 1.6 million (EUR 1.86 million). Șerban’s cloud-based ERP platform is called Abilo, was developed by the Romanian IT company Obi Systems, and is dedicated to […]
Border checks between Bulgaria and Romania have officially been lifted on July 1, as part of the implementation of the Schengen Agreement. The lifting marks the end of the transitional period of heightened control at the internal border, which had remained in place for six months following their accession to the Schengen area by land […]
Remus Vulpescu became CEO of the Bucharest Stock Exchange (BVB) on Tuesday, July 1, taking over from Adrian Tănase as the stock exchange grapples with a market dominated by government bonds. Vulpescu, 53, is a graduate in political and legal sciences from the University of Bucharest and holder of an EMBA obtained in 2017. He […]
