The government approved the Emergency Plan for the security of natural gas supply in Romania, announced the spokesman of the Executive, Dan Carbunaru, on Thursday, in a press conference at Victoria Palace of Government.He added that according to the new Emergency Plan, there are three levels of crisis."An early warning one - if there is concrete, certain and reliable information that an event could occur that would significantly damage the gas supply situation and could trigger an alert or emergency level. The next level is the alert one if there is a gas supply disruption or an exceptionally high gas demand that could significantly affect the gas supply situation, but the market is still capable of handling this disruption or the respective demand without the need for measures that are not based on the functioning of the market. And the third level, the level of urgency that arises in the event of an exceptionally high demand or a significant disruption in the gas supply or other damage of the gas supply situation and all relevant market measures have already been implemented, but gas supply is insufficient to meet the demand that has remained uncovered, so we need new measures that are not based on the market, especially in order to guarantee the supply of gas to protected customers," said Carbunaru.He explained that in case of alert, early warning or emergency, the Ministry of Energy is the one taking over the management of the crisis and is responsible for the implementation of the measures provided in this plan."The regional dimension of this plan is part of the regional cooperation coordinates that the countries of the at-risk groups of which Romania is a part, namely Trans-Balkan and Ukraine, so that the specifications of the national measures on the security of gas supply are compatible with those adopted at the level of the group. (...) This plan meets the requirements in accordance with the provisions of the European Union Regulation 2017/1938, but, of course, it is also harmonized with the national legislation in force," Carbunaru also stated.
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
