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.
The exhibition RomanIa – Identity representation of traditional dress in art, currently on view at the National Museum of Art of Romania (MNAR), gathers a variety of artistic representations of the traditional blouse ia, from painting and sculpture, to drawing, photography, installation, film, music, posters, fashion, books, albums, and more. It includes works by Henri […]
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
