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.
German company Henkel, with over 500 employees in Romania, has opened a new headquarters in Bucharest, marking a fresh chapter in its three-decade presence in the local market. The space blends Henkel’s “Smart Work” concept with Romanian cultural design elements inspired by Constantin Brâncuși and traditional motifs, while a dedicated quiet zone pays tribute to […]
A couple of years ago, Romania’s Defense Ministry concluded a USD 400 million deal with Israeli company Elbit for the development of seven Watchkeeper X systems, which will be used to detect Russian operations near the border areas. The drones will be delivered in a few months, according to the manufacturer, as reported by Digi24. […]
Ruling on the draft law on the disbursement of privately-managed pensions, namely 2nd and 3rd Pillars, inked by the Financial Supervisory Authority (ASF), promoted by the Romanian government and approved with amendments by the Parliament, the Constitutional Court (CCR) concluded that the capping the single payment granted before the start of the monthly payments to […]
The revised bill that bans the cumulation of the public pension of a special (non-contributive) nature with a wage paid in the budgetary sector, currently available for public debate, will be amended so as to restrict the exceptions provisioned in the original form, labor minister Florin Manole said, according to
The Romanian business community reiterated its firm call to decision-makers to eliminate the minimum turnover tax (IMCA), in view of the discussions on the construction of the state budget for 2026, according to a statement signed by more than 100 employers' federations, business associations, and chambers of commerce in Romania. The Romanian government will address […]
Romanian president Nicusor Dan reiterated in a speech at the 2025 Digital Governance Summit organised by Edge Institute at Cotroceni Palace and published on the Presidency's webpage, thus making it somewhat official, an invitation addressed to the "private community" to draft regulations and sectoral policies that the state is unfortunately unable to design, such as […]
