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.
Sibiu International Theater Festival (FITS) has announced for this year a program that is set to bring actors such as John Malkovich or Isabelle Adjani to the central Romania city. The 31st edition of the festival, which focuses this year on the theme of Friendship, takes place between June 21 and June 30. The tickets […]
Climate Change Summit, the event on climate change issues, will host at this year’s edition a competition rewarding transformative solutions addressing environmental challenges. The competition Climate Change Summit Awards targets individuals under 30 and small and medium enterprises from Romania and Central and Eastern Europe (CEE) developing ideas in the areas of energy, mobility, construction, circular economy, […]
A 53-year-old man from Sri Lanka, internationally wanted for a murder committed in Bucharest in 1991 and arrested in Germany at the beginning of this year, will be brought to Romania on April 23 to serve a 19-year prison sentence. The man will be brought to the country by an escort of the Romanian Police. […]
Romania will celebrate 20 years since joining NATO with an extraordinary concert to be held at the famous Andrew W. Mellon Auditorium in Washington DC, the very hall where the NATO Treaty was signed 75 years ago. The concert, titled 'Faith, Freedom and Friendship. Celebrating 20 years of Romania’s NATO membership', will take place on […]
The "I.C. Brătianu" Museum Centre in Buzău will host the first edition of the Slow Food Romania Conference on May 24. Organized by the Slow Food Buzău Community, the event brings together slow food communities in Romania as well as artisanal food enthusiasts from across the country. In addition to the conference, the artisan food market Piața Artizanilor will […]
The 12th edition of the Haferland Week, an event dedicated to promoting the culture and traditions of the Saxons of Transylvania, will take place this year between August 8 and 11. The theme of the 2024 edition will be 'History, tradition, and culture, yesterday and today in Haferland,’ as announced by the organizers, the M&V […]
