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 Romanian pet food market is larger than our domestic market in Ukraine. It shows significant potential and is growing steadily, with an average annual growth rate (CAGR) of 7%," states Yuriy Bykoriz, Managing Director CEE, Kormotech Global. Kormotech, a family-owned global pet food company with Ukrainian roots, has been producing food for cats and […]
Romania's e-commerce sector accounted for 3.32% of the country's GDP in 2024, showing steady growth but still trailing behind the European average of around 5%, according to data from the Bulgarian eCommerce Association. In Central and Eastern Europe, Greece leads the region with e-commerce contributing 7.87% to its GDP, while Bulgaria lags behind with just […]
Promotional products were twice as present in shopping carts in 2024. Healthier choices: Nearly half of Bringo orders included organic products. Less sugar: +20% increase in sugar-free products in Bringo carts. Bringo, the first rapid online grocery delivery service in Romania using personal shoppers, has analyzed key trends shaping eGroceries consumption...
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office properties, reports total sales and pre-sales of EUR 227.8 million in 2024, corresponding to the surface of 83,958 sqm of residential and commercial spaces sold and...
As part of their annual Spa Trends Report 2025, online booking site SpaSeekers.com has revealed the top trending spa destinations worldwide based on increases in Google search data. Albania and Romania tie in third place, each with an 83% increase in searches, after Vietnam and Morocco. Known for its beautiful beaches and tropical jungles, Vietnam is […]
American superstar Post Malone will come to Romania for the first time this summer to perform at the anniversary edition of Untold festival in Cluj-Napoca. This year's lineup also includes Becky Hill, Rag’n’bone Man, Martin Garrix, Armin Van Buuren, Fisher, Tiesto, Steve Angello, Hugel, Alok, Don Diablo, Black Coffee, Marco Carola, Dom Dolla, and Adriatique, […]
