The two Romanian gas producers, Petrom and Tomgaz, have limited the gas quantity delivered to the market, so the price has gone up and suppliers must import more gas from Russia, which is more expensive, the CEO of Engie Romania, Eric Stab, said on Tuesday. He explained that all of these will be reflected in the bills that are paid by the final consumers, which will have to be increased by the National Regulatory Authority for Energy (ANRE). “The price of gas on the market is rising due to several causes. Firstly, this occurs as a result of the fact that imported gas is more expensive, but also because there is not enough gas on the market put up for sale by the Romanian producers, Petrom and Romgaz. They simply say that they are out of gas,” Stab said. The Engie Chairman showed that the obligation of all suppliers to store gas for winter is added to these. “We hope that there will be more gas on the market in the first quarter of next year, because otherwise we will be forced to import even more, and the import price is rising, being linked to the oil quotations,” he said. Stab explained that this is also caused by the high prices on the energy market, which determined Petrom and Romgaz to direct more gas from their own production to the plants that they own in Brazi and Iernut respectively. The head of Engie declined to say what the price of the imported gas due to be delivered in winter, but he specified that he presented the ANRE the documents showing that the final price will have to be increased. Asked if Romania will have enough gas this winter, the Engie official replied: “I do not know, it depends on the winter, only God knows.” “We must be prepared. The Government must have an emergency plan, that will tell us what to do and how to intervene if need be, a plan which does not exist now,” he added.
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
