The government approved the Emergency Plan for the security of natural gas supply in Romania, announced the spokesman of the Executive, Dan Carbunaru, on Thursday, in a press conference at Victoria Palace of Government.He added that according to the new Emergency Plan, there are three levels of crisis."An early warning one - if there is concrete, certain and reliable information that an event could occur that would significantly damage the gas supply situation and could trigger an alert or emergency level. The next level is the alert one if there is a gas supply disruption or an exceptionally high gas demand that could significantly affect the gas supply situation, but the market is still capable of handling this disruption or the respective demand without the need for measures that are not based on the functioning of the market. And the third level, the level of urgency that arises in the event of an exceptionally high demand or a significant disruption in the gas supply or other damage of the gas supply situation and all relevant market measures have already been implemented, but gas supply is insufficient to meet the demand that has remained uncovered, so we need new measures that are not based on the market, especially in order to guarantee the supply of gas to protected customers," said Carbunaru.He explained that in case of alert, early warning or emergency, the Ministry of Energy is the one taking over the management of the crisis and is responsible for the implementation of the measures provided in this plan."The regional dimension of this plan is part of the regional cooperation coordinates that the countries of the at-risk groups of which Romania is a part, namely Trans-Balkan and Ukraine, so that the specifications of the national measures on the security of gas supply are compatible with those adopted at the level of the group. (...) This plan meets the requirements in accordance with the provisions of the European Union Regulation 2017/1938, but, of course, it is also harmonized with the national legislation in force," Carbunaru also stated.
The magic of Disney returns to Bucharest as Aladdin – Live to Film Concert takes the stage at Sala Palatului on October 10. Romanian audiences are invited to relive one of Disney’s most beloved animated classics in a special musical and cinematic experience. The original 1992 Aladdin film will be projected in full on a […]
The UNESCO Global Geopark Ținutul Buzăului in Romania has inaugurated a new interactive visitor center in the village of Bozioru, offering a modern and immersive experience into the region’s unique geological and cultural past. Named Povestea Trovanților/The Trovants’ Story, the center tells the secrets of the mysterious stone formations known as trovants and the prehistoric […]
Pluxee, a global player in employee benefits and engagement, announced the signing of an agreement to acquire MyBenefits, a fast-growing Romanian company that has developed innovative technology to provide a flexible offering of employee benefits. The transaction builds on a partnership between the two companies. The deal is subject to approval by the Romanian regulatory […]
OMV Petrom, the largest integrated energy company in Southeastern Europe, announced Thursday, July 3, the discovery of a new natural gas reservoir in Spineni, a locality situated about 70 kilometers northeast of Craiova, southwestern Romania. The find was confirmed following the drilling of the 1 Spineni exploration well to a depth of approximately...
Romanian president Nicușor Dan, along with prime minister Ilie Bolojan and other officials, participated at a reception on Wednesday, July 2, to mark the US Independence Day. During the reception, they underlined the importance of the relationship between Romania and the US. The Romanian president noted that the United States is Romania's most important ally […]
Romanians spent roughly EUR 40 billion in large retail chains last year, representing an increase of 7.1% year-over-year. The 2024 growth rate marked a slowdown compared to 2023 (+11.1% vs. 2022) but remained above inflation, according to the Romania Retail Snapshot 2025 produced by real estate consultancy company Cushman & Wakefield Echinox. Major food stores […]
