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.
Deputy prime minister Oana Gheorghiu will lead a working group tasked with reforming Romania's loss-making state-owned companies, prime minister Ilie Bolojan said in an interview with ProTV, as reported by G4media.ro. Her predecessor, Dragos Anastasiu,
Romanian prime minister Ilie Bolojan, on November 19, in an interview given to ProTV and quoted by Hotnews.ro, explained that the pension-wage cumulation ban will apply only to the so-called special pensions, namely those not based on past contributions, as opposed to all pensions as implied by Social Democrat (PSD) labour...
Statements by Romanian prime minister Ilie Bolojan about cutting by 10% the total personnel budget for all ministers and other similar contracting units, as opposed to only the central administration of the respective bodies, prompted on November 19 a radical reaction from the Social Democratic Party (PSD) and trade unions in the public sector. No […]
Romania’s Ministry of Labour unveiled for public consultations the revised law on magistrates’ pensions, and the government, in a press release, expressed its hope that the approval process, including by the Superior Council of Magistracy (CSM), will proceed expeditiously. However, CSM vice president Claudu Sandu has already publicly rejected the law as insufficient. The bill is […]
PPC, the largest power supplier in Greece, also active in Romania with distribution, production, and supply operations after it took over Enel's operations in the country, announced at the Capital Markets Day event investment plans worth EUR 3 billion over the next three years in Romania, according to Economica.net....
The Romanian authorities will prepare framework legislation aimed at smoothing the sale of Lukoil's assets, including Petrotel refinery, according to Digi24, citing sources familiar with the negotiations. Initially, minister of energy Bogdan Ivan said Romania must take...
