Energy Minister Bogdan Ivan rejected on Thursday the "fake news" according to which Romania is providing electricity to the Republic of Moldova for free or at half price."I want to make a plain clarification regarding some fake news which I have seen in the last period, according to which Romania provides free energy to the Republic of Moldova and so on. I have requested the data on the SPOT market. Today, all the energy traded in Romania, Serbia, Bulgaria, Greece, Moldova, Ukraine, Hungary is done on the stock exchange. Depending on the price at certain hourly intervals, it is bought and sold. And to give you a very clear example, in order to finally put this myth to rest, in July, on average, Romania imported electricity at 104 euros per megawatt and sold it at 127 euros, meaning it sold at a higher price than it imported. In August, it imported at an average of 78 euros per megawatt and exported, meaning sold, at 115 euros per megawatt, so it sold at a higher price than it bought from the Republic of Moldova," the minister told a news conference at the Government.He explained that the price of electricity in the Republic of Moldova is low because the Government has a subsidy mechanism and because it eliminated the VAT on electricity."And I want to put an end once and for all to this myth and these lies spreading online, especially those according to which Romania uses part of its strategic advantages to sell electricity at half price to a neighboring country, a friendly country, a country with many friends, extremely important to us, which we value, but that's one thing, and another is another," Bogdan Ivan argued. (Photo:https://gov.ro/)
The third edition of Taifas Balkan Film and Culture Festival, set to take place in Timișoara between October 13 and October 19, will include a retrospective dedicated to Romanian director Radu Jude. The public will be able to see the director's short films, in addition to a preview of his latest production, Dracula, presented at […]
Sursa International Light Art Festival, an event featuring immersive installations, projections, and light structures, will take place at the National Library of Romania from October 13 to October 19. The event brings together international and Romanian artists “in a visual dialogue about technology, architecture and sensitivity,” the organizers announced. “We wanted to build the opportunity […]
Romania’s Defense Ministry has signed a contract worth RON 50.4 million with Rheinnmetall Automecanica, a subsidiary of the German defense industry giant Rheinmetall, for the delivery of drone detection systems, Economedia.ro reported. The radar system will be delivered within 18 months at most and will reportedly be...
The former Steaua Roșie cinema in Cluj-Napoca will reopen as Edison-House of Music, a cultural hub dedicated to music and community, the organizers of the Jazz in the Park festival announced. Built in the early 1900s, the Edison building became, after World War II, the Steaua Roșie cinema. After 1989, the venue underwent several changes […]
Unprecedented amounts of precipitation have been recorded in Romania as cyclone Barbara hit the country on October 5-8, according to the authorities. At the same time, Bucharest exceeded the absolute maximum levels of rain for October. “Between October 5–8, 2025, Romania was affected by the Mediterranean cyclone Barbara, which formed over the Ionian Sea and […]
Romania is one of six European countries recently selected to develop a new artificial intelligence and supercomputing center under the EuroHPC – AI Factories program. The project, known as the AI Factory, will be Romania’s first national AI infrastructure, marking a major step toward strengthening its digital and research capabilities. The initiative will be led […]
