ANRE announced on Tuesday that over 2021-2022 completed 28 investigation actions in the electricity and natural gas sector and consequently applied fines of 11.19 million lei to 24 participants in the wholesale electricity and natural gas market. As a result of European directives transposed in national law, ANRE set up the Investigation Department, having as object the investigation activity in the wholesale electricity and natural gas market. ANRE is the authority able to carry out investigations in the energy market for the good functioning of the wholesale energy market according to national and European regulations. In 2022, ANRE has ongoing investigations with 18 participants in the wholesale energy market suspected of market manipulation (suppliers, traders) of which 13 in the electricity sector and 5 in the natural gas one. The purpose of ANRE investigations is checking how participants in the wholesale energy market observe provisions of EU Regulation 1227/2011 of the European Parliament and Council of October 25, 2011 on the integrity and transparency of the wholesale energy market.
On Monday, December 23, Romanian police brought Nica Robert Florin back to the country. The man convicted of possession of high-risk drugs, bodily harm, and driving under the influence of alcohol, is listed among Romania’s Most Wanted category and was also wanted internationally. Romanian authorities revealed at the beginning of October that they had indications […]
An investigation by the famous British newspaper Financial Times revealed that the campaign of former Romanian presidential candidate Călin Georgescu was supported by a Russian network also used during the pandemic in France and Germany to instill fear of vaccines. The newspaper’s investigation began in continuation of those by Bulgarian and Romanian journalists at BG...
Bucharest’s District 3 City Hall will once again organize a special New Year’s Eve event in Titan Park, with a program of live concerts, multimedia shows, and even a simulation of the Northern Lights. The event, set to begin at 8:00 PM on December 31, will focus on the theme of infinity. “If you missed […]
Traffic on Lot 1 of the A7 Ploiești-Buzău highway, stretching 21 kilometers in southern Romania, was officially opened on Monday, December 23. With this opening, 102 kilometers of the total 320 kilometers of the highway are now usable. The Moldova Highway, as it has been called, is meant to connect Romania's economically underdeveloped eastern regions to […]
The Dutch technology investor Prosus NV, also the majority shareholder of Romania’s largest online retailer eMAG, is set to buy the online travel agency Despegar.com Corp, focused on Latin America, for approximately USD 1.7 billion. The purchase consideration will be funded from existing cash resources, the company said. Founded in Argentina in 1999, Despegar is one […]
The new Forestry Code, which passed the Parliament vote on December 17 and was signed into law by president Klaus Iohannis on December 20, includes provisions that protect all forests in Ilfov, the county surrounding Bucharest, making them the cornerstone of the future green belt around the capital city. Moreover, it legislates green belts nationwide, […]
