Almost 27% of the gas thermal units in Romania are older than ten years and should be replaced, according to the results of a survey made by E.ON. A condensing power plant can reduce natural gas consumption by up to 30%. E.ON mentions the fact that, in a context of increased volatility of the energy prices, energy efficiency measures for the reduction of consumption without affecting comfort, with the purpose of dropping the value of the energy bills, must be a preoccupation for all users. Replacing old, low-efficiency and high-consumption plants with new, energy-efficient ones is one of the most affordable solutions. A condensing power plant provides up to 30% reduction in natural gas consumption due to 108% efficiency compared to conventional power plants. The benefit for the user is the reduction of the gas consumption up to approximately 3,600 kWh per year, for an average annual consumption of almost 12,000 kWh, with an economy for the bill to almost 1,000 lei per year. The German group E.ON is one the leaders on the energy market. The companies in the group, Delgaz Grid, E.ON Energie Romania and E.ON Asist Complet develop activities of distribution, energy supply and energy solutions, namely technical ones for almost 3.4 million users. Since they entered the Romanian market, E.ON has invested over 1.9 billion euro, mainly in the modernization of the grid. At the same time, the value of the contributions to the state budget and the local budgets is 2.7 billion euro.
Romania's interim president Ilie Bolojan will travel to London on Sunday, March 2, for a summit of European leaders on the topic of European defense, also attended by Ukrainian president Volodymyr Zelenskiy, according to Digi24. The meeting will bring together...
Romanian prosecutors are reportedly investigating a 'troll farm' using Turkish IPs and accounts based on Russian email accounts, which helped increase awareness of the former far-right presidential candidate Călin Georgescu ahead of last year's elections,
The coupons attached by the Romanian Treasury to the bonds on sale under the second issue of the Fidelis scheme (bonds listed at the Bucharest Exchange) were cut for both local currency and euro-denominated papers. This comes after the record demand registered in the first issue this year in February when the Treasury raised over […]
Romania's general government budget deficit increased by nearly 40% y/y to over RON 11 billion (EUR 2.2 billion) in January 2025, according to data published by the Ministry of Finance. The gap in the first month of 2025 thus measures 0.58% of the GDP projected for the full year, up from 0.45% in January 2024. […]
Romania's economy is expected to rebound at a slower rate than previously expected at around 1.8% this year (down from 2.6% y/y projected in September), given the pressure to cut government deficits in an increasingly challenging domestic and external economic environment, according to the Regional Economic Prospects 2025 report issued by the European Bank for Reconstruction […]
The authorities in Bran, central Romania, recently revealed a plan to transform the central park into an attractive spot for leisure activities that would benefit from the proximity to the small community's famous castle. A specialized design firm has been contracted to modernize the park, and has already begun the process of obtaining approvals for […]
