Premier Ciuca announced on Thursday, in the context of the EC decision on gas consumption, which will be reduced by 15% throughout the community bloc as of August 1, 2022 until March 31, 2023, and there is no fear that Romania may not have the gas needed for the 2022-2023 winter. The premier also announced that 1.6 billion cubic meters had been stored until yesterday. “The measure is a precaution and with it we need to maintain solidarity at EU level and Romania was part of the decisions which consolidated solidarity within EU,” the premier added. “I can say now that yesterday we exceeded 1.6 billion cubic meters in storage, and the evolution of daily storage is consisting and encouraging,” the premier showed, saying that “as of November 1 we will reach 80% of capacity.” “We should have reached 46% until August 1, 57% by September 1. 66% until October 1 and 80% by November 1. Today we have exceeded the assumed percentages and at the end of last week we had 200 million cubic meters over what we had in the same period of 2021. At present there is no fear that Romania may not have gas needed for 2022-2023 winter,” the head of the executive showed. According to the premier, this decision on reducing gas consumption will be made according to “gas quantities existing in storage before the beginning of winter” and added that from data he had read that morning, Germany had announced that gas supply had resumed. “For now, our preoccupation is to to ensure the necessary gas and coal resources to have energy in winter. Lignite exploitation should extract and store more coal, to prevent last year's situation when we had stored a quantity which could ensure the functioning of coal plants for no more than 3 to 5 days. All these data depend on weather conditions,” Ciuca said.
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]
The Buzău Land UNESCO Global Geopark in Romania has become a “living laboratory” this week as a team of American researchers arrived to study microorganisms capable of surviving in extreme environments. The scientists, part of the interdisciplinary research organisation The Two Frontiers Project, are examining methane seeps, sulfur and petroleum springs, saline sources, and other […]
A moose has been unexpectedly spotted in the Hunedoara county area, specialists from the conservation group Rewilding Romania announced on Wednesday, December 10, sharing footage of the animal on social media. The sighting is considered “an important discovery for Romania’s wildlife,” though experts caution that it remains unclear how the animal reached this region. According […]
Trade unionists will continue to require the Presidential Administration to mediate the conflict with the government on issues such as the minimum wage or the collective labour agreement, said Bogdan Hossu, president of the Cartel Alfa trade union confederation, as reported by
Prime minister Ilie Bolojan said on Wednesday, December 10, that Romania’s state budget for 2026 will be adopted only at the end of January, citing the need for Parliament to first approve legislation required to ensure predictability and compliance with the country’s deficit targets. His comments came as the government has been working to align […]
Bosch announced that its Global Business Services centre in Romania, at Timisoara, plans to reduce approximately 510 positions of the existing 1,800 by the end of 2030 as part of a cost-cutting plan that aims to lay off 13,000 employees worldwide across the entire group. The company cited “stagnant demand for services” and “productivity potentials […]
