Capping the price of gas was a useless measures and, worse, will determine new price increases starting with April, according to an analysis conducted by the Intelligent Energy Association, sent, on last Monday."The median price of natural gas at the end consumer in November 2021, according to INS [the National Institute of Statistics] data, is around 220 RON/MWh. Thus, apparently, the capping of the final price of natural gas at a value of 370 RON/MWh and 310 RON/MWh starting with February 1 is useless in this period," showed the representatives of the association."In fact, the capping had a very important effect, it determined, according to the ANRE [the National Energy Regulatory Authority] website, the increase of gas prices offered on the market from a minimum level of 220 RON/MWh to a level of minimum 420 RON/MWh in November 2021 and to 640 RON/MWh in January 2022. Thus, all contracts that reach their deadline in this period or the coming period will be concluded at prices higher than 600 RON/MWh," according to the mentioned source.The association emphasizes that, for many home consumers, the capping has no effect at this time (according to a study of the association, 80% of the household gas consumers will not benefit from price caps), but will bring a higher gas price for final consumers in 2022.Moreover, starting April 1, 2022, increases in the transport and distribution tariffs are to take place, 2022 being the year when a new regulation period concludes. According to experts, there will be important increases in prices due to the free connection imposed by the authorities (the promised gratuity will be done by increasing prices paid by other consumers), increasing the cost of gas losses and technological consumption, useless or inefficient investments in the sector and others."In 2020, the authorities have enacted the Gas Release Program, which had the declared purpose of decreasing the price of gas, the real result was the start of increasing gas prices in Romania. In 2021, authorities enacted the Price Cap for gas, which had the declared purpose of decreasing gas prices, the real result was increasing prices on all offers. In conclusion: Taxes do not increase, but energy bills increase! For people, the same poverty!," mentioned the association's representatives.
Loud screens and noise stress young children and affect their development Sound pollution in Romanian homes affects children's learning, play, and sleep, who are more vulnerable to noise than adults Studies show that children exposed to TV for 2 hours daily are 6 times more likely to experience language development delays Renowned doctor: Experiences actually […]
Estonian cinema will take center stage at the 24th edition of the Transilvania International Film Festival (TIFF) in the Focus Estonia program, presenting a curated selection featuring both recent releases and rediscovered classics, screened in restored versions. Among the films to be screened is Moonika Siimets' The Black Hole (2024), a dark sci-fi comedy inspired […]
The ITH Group, which includes the portals Vola.ro, Fru.pl, and GoVola.com and operates in Romania, Poland, and Bulgaria, announced the direct integration of LOT Polish Airlines flights into its own platforms. The collaboration strengthens the group’s position as a regional leader in flight ticket distribution, according to its press release. This will be achieved through […]
In a ruling handed down on Tuesday, May 13, the Bucharest Court of Appeal rejected a request by US authorities for the extradition of a 17-year-old Romanian student. The youth is accused of sending hundreds of bomb threats and manipulating underage girls into engaging in acts of extreme violence, sexual exploitation, and self-harm. Aside from […]
Accor, a global leader in hospitality, has announced the expansion of its presence in Romania by signing a franchise agreement with Amazonia Aquapark SRL for Novotel Timișoara. The newly built hotel is scheduled to open by the end of 2027, marking the brand's first property outside Bucharest and becoming a flagship for Novotel in Eastern […]
A survey published on Wednesday, May 14, by the Open Minds Association shows that Romanians strongly support respect and mutual support in the workplace, signaling that the business environment can play a critical role in supporting social unity. According to the first data set from the “Diversity and Inclusion Barometer,” May 2025 edition, 81% of […]
