The government approved on Friday the Emergency Ordinance capping electricity and gas prices for one year, for both household and industrial consumers, Energy Minister Virgil Popescu wrote on Facebook."One more year of government support for the Romanians' energy bills! The new measures coming in force on April 1 benefit 8 million households for electricity, and all households connected to the grid for natural gas, regardless of consumption. Together with Prime Minister Nicolae Ciuca and my government colleagues we approved the Emergency Ordinance on the measures applicable to end electricity and gas customers between April 1, 2022 and March 31, 2023," Popescu said.Final electricity bills for vulnerable households or for those affected by energy poverty will be capped on two tiers, based on their average monthly consumption in 2021 and the final gas prices.For electricity, the price will be a maximum of 0.68 RON/kWh, VAT included, for households whose average monthly consumption in 2021 is less than or equal to 100 KWh; and a maximum 0.8 RON/kWh, VAT included, for households whose average monthly consumption in 2021 is between 100 kWh and 300 KWh inclusive.For gas, the price will be capped at a maximum of 0.31 RON/kWh, VAT included.For non-household consumers, the price for electricity will be 1 RON/kWh at the most, VAT included, and for gas it will be a maximum of 0.37 RON/ kWh, VAT included, for an annual gas consumption in 2021 of 50,000 MWh at the most; the same applies for producers of heating energy intended for other consumers.Heat and power plants will buy natural gas for a regulated price of 250 RON/MWh, Minister Popescu specified.The draft regulatory act posted on Thursday evening on the website of the Energy Ministry also provided for a price of 150 RON per MWh for domestically produced gas. The Minister does not specify whether this proposal has been approved or not.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
