Electricity distribution fees will go down 8-10 pct beginning with January 1, 2016 and household electricity prices will also reduce by 5 - 6 pct, president of the National Energy Regulatory Agency (ANRE) Niculae Havrilet said on Thursday. "Beginning January 1, energy fees will decrease proportionally to the decrease in the distribution fees included in the end price. The distribution fee will go down by 8 to 10 percent and the cogeneration bonus will also reduce by 4 percent. These elements will result in a 5 - 6 percent decrease in the end price beginning January 1," Havrilet told the 25th edition of the Energy Focus Conferences. For natural gas, the production price will reduce 10 percent beginning July 1, 2016, but for industrial consumers the decrease will be 5 - 6 percent, and for household consumers the price liberalization calendar will bring another rise of 6 lei per MWh. ANRE vice-president Emil Calota said that he expects individual prices for the 38 heat utility companies to go down by 4 percent on average, to which the transport and distribution fees will apply, plus the subsidy elements decided by each municipal council, with the end billing price being established accordingly. Calota also said that Bucharest will see a 3.5 percent reduction in heat energy prices, while for Craiova the decrease will be 3.12 percent.
The 2025 edition of the year’s first major film fest in Europe (and one of the biggest worldwide), the Berlin International Film Festival, took place between 13 and 23 February. My notes come with a bit of delay, as I was also hit by the festival flu that got so many of us sniffling and […]
In the absence of current negative influences, Romania’s economy could have an annual growth potential of 3-4%. Political instability and global geopolitical risks are dampening growth. Economic growth in 2024 was driven by wage increases and accelerating consumption, satisfied however largely through imports. Due to a decline in domestic economic competitiveness, net exports contributed negatively […]
The Bucharest Stock Exchange (BVB) announced on Thursday, March 13, the launch of a new financial education section on the BVB Research Hub platform, dedicated to retail investors. The capital market operator said that it started this project out of the need to increase the level of financial education and promote the investment culture. It […]
The Romanian governing coalition's presidential candidate, Crin Antonescu, announced on Thursday, March 13, that he is launching a podcast designed to popularize his candidacy before the May elections. Antonescu, who is backed by the alliance made up of the Liberals (PNL), Social Democrats (PSD), the Democratic Alliance of Hungarians (UDMR), and the minorities, stated that he will […]
Some 4,500 teachers will learn about rights and responsibilities online, accessibility, inclusion, online well-being, and ethics as part of Incubatorul Civic Digital (ICD - The Civic Digital Incubator), a digital citizenship and democratic culture project implemented by Institutul Intercultural Timișoara, Asociația TechSoup and Școala de Valori. The project, which offers free training, is aimed at […]
Mihaela Murariu, Attorney at Law at Grecu Partners Business Law Firm, analyzes the impact of Artificial Intelligence on personal data protection. Artificial intelligence (AI) has become a ubiquitous technology, used in more and more fields, from marketing and healthcare to recruitment and financial services. However, the widespread use of AI raises numerous questions about privacy […]
