The companies in Romania and Hungary pay the highest prices for energy in the EU, almost three times higher than the ones paid by the companies in Finland, shows an annual report regarding the single market and competitiveness, published on Wednesday by the European Commission, send DPA.According to the document, the prices for energy in the EU have increased significantly after the beginning of the Russian invasion in Ukraine, two years ago. The average price paid by an average-sized company in the EU has increased up to 0.21 euro/KWh in 2023, from 0.18 in 2022.The average-sized companies in Romania pay the highest prices for electricity in the EU, from 033 euro/KWh, followed by those in Hungary, which pay 0.30 euro/KWh. At the other end, the lowest prices were identified in Finland and Portugal, at 0.10 euro/KWh.The report of the community executive shows that the UK has registered most dramatic increases while the US has kept the energy prices at a reduced level.Similarly, in the case of the EU, the share of energy from renewable sources has increased up to 23.02% in 2022, shows the report of the commission. By comparison, in 2020, the last year for which there are comparable data, the share of renewable sources energy was two times higher in the EU than the US and Japan.The EU has established as target for 2030 42.5% of the used energy to come from renewable sources.
Roughly 8 out of 10 chief financial officers, or CFOs, from Romania’s largest companies say they now need constantly updated financial forecasts, unlike previous years when the focus was primarily on financial results, budgeting, and accounting, according to Inulta, a company specializing in Corporate and Enterprise Performance Management. The forecasts come to offer a degree […]
Romanian prosecutors have placed a precautionary seizure on the accounts and assets of the mercenary Horațiu Potra, in a case of tax evasion, embezzlement, and money laundering. The measure targets over RON 24 million, nearly 30 kilograms of gold, a property in Bucharest, and 11 properties and apartments in Sibiu. According to investigators cited by […]
The first sales figures from two of the largest European markets, France and Germany, both major markets for the Dacia brand, show that the debut of the carmaker's largest SUV, the Bigster, has been impressive. June data on car registrations in Germany show that the Dacia Bigster managed to sell 1,227 units in its second […]
After a 2024 marked by adaptation and consolidation, Romanian eCommerce entered 2025 with a more restrained dynamic. According to MerchantPro Compass, the biannual analysis conducted by MerchantPro, a SaaS eCommerce platform supporting over 2,000 active online stores—the first half of this year confirms a paradigm shift: it’s no longer about how much you sell, but […]
The TIFF Unlimited Caravan is hitting the road for the 16th consecutive year, bringing a diverse selection of Romanian and international films to audiences across the country. From July to September 2025, the traveling film series will stop in ten towns and cities, offering outdoor and indoor screenings of comedies, love stories, and family-friendly films. […]
Home sales decreased by 3.4% in Romania in the first six months of 2025 when compared to the result registered in the same period last year. Sales were down 7.9% in Bucharest and Ilfov in the same period, according to a market analysis issued by real estate consultant SVN Romania and based on official statistics […]
