The National Energy Regulatory Authority (ANRE) is investigating 26 energy companies for market manipulation, and fines will be between 5% and 10% of their turnover, the chairman of ANRE, Dumitru Chirita, said on this Wednesday.He was audited in the parliamentary inquiry committee regarding energy prices."We have 26 economic operators being investigated for market manipulation. What we noticed: operator A sells operator B a quantity of electricity, B sells to A the same quantity at inflated prices. And, through this formula of market manipulation, the price increases," Chirita said.According to him, until now, fines have been symbolic, but from now on the law will be applied, meaning that fines will be between 5% and 10% of the company's turnover."It is quite difficult to investigate in this area, but we have equipment that allows us to clone data and information from the operator's electronic systems. It is equipment from the United States, for which every 6 months I have to sign a statement that I am not using it other than the purpose I acquired it for," the chairman of ANRE added.He highlighted that all this data is of confidential nature and he will put it at the disposal of the inquiry committee.
President Nicușor Dan decorated His Holiness Bartholomew I, the Ecumenical Patriarch of Constantinople, with the National Order “Star of Romania” in the rank of Collar, the country’s highest distinction. The Romanian Patriarchate also received the Order “Cultural Merit” in the rank of Grand Officer. The honor was presented to Patriarch Bartholomew I “as a sign […]
Greenvolt Next, a leading renewable energy company and part of Greenvolt Group, has completed a new photovoltaic power plant integrated with a high-performance energy storage system for Abund Berry, a company in the wild berry processing industry, in Buftea, Ilfov County. The photovoltaic system, with an installed peak capacity of 512 kWp, is equipped with […]
Inger Johansson has won the Romanian Cultural Institute (ICR) award for translation for the Swedish translation of Mihail Sebastian's The Correspondence of Marcel Proust, published by Bokförlaget Faethon. The volume was published in 2024 with support from the ICR through the Translation and Publication Support program. The award was presented during the Iași International Literature […]
Exim Banca Romaneasca and Maschio Gaspardo Romania are carrying out a strategic partnership through which the Bank, in its capacity as Romania’s Export Credit Agency, supports the company’s exports, providing protection against various commercial and political risks associated with external markets. Maschio Gaspardo Romania, the largest local producer of agricultural machinery, with a production unit […]
Baritone Mihai Damian, a soloist of the Romanian National Opera in Cluj-Napoca, has won the Male Voice category’s first prize at this year’s edition of Operalia, the competition for young opera artists established by Plácido Domingo. He also won the competition’s Audience Award and the special award offered by the Ministry of Culture of Bulgaria, […]
Romanian apocalyptic sci-fi horror feature “We Put the World to Sleep” had its world premiere on October 18 at the Nightmares Film Festival, one of the most important horror and fantastic film festivals in the US. The film, a product of 9 years of work, won Best Midnight Feature and Best Supporting Performance. Next, it […]
