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.
On October 30, 2025, Envisia will host the 3rd edition of the Future of Boards Gala. The event brings together board members, executives, and governance ecosystem partners for an evening dedicated to recognizing responsible leadership, corporate governance, and high-performing boards. The six award categories celebrate individuals and boards who, through courageous decisions and integrity, create […]
The European real estate debt market is showing clear signs of recovery, supported by stabilized interest rates, competitive lending, and renewed investor confidence. According to AEW’s latest research, the credit financing gap across Europe is narrowing, with improved lending conditions helping to ease refinancing pressures that have weighed on the sector in recent years. Between […]
French retail chain Carrefour may want to sell its stores in Romania and exit the market, according to the French publication L’Informe. Moreover, it would also like to get rid of its operations in Poland and Argentina, according to the same source. So far, Carrefour has reportedly only analyzed a possible exit from the local […]
Romanians are not looking forward to Black Friday with more enthusiasm than last year, according to a recent survey. The main reasons are economic instability and the decline in purchasing power. Around 22% of Romanians say they will not buy anything on Black Friday 2025, and only 15% of Romanians plan to spend more compared […]
Cristina Ghițulică, a faculty member at the Faculty of Chemical Engineering and Biotechnologies (Politehnica Bucharest), was elected as the first woman president of the European Association for Quality Assurance in Higher Education, or ENQA. Ghițulică is the director general of the Romanian Agency for Quality Assurance in Higher Education. She was elected to head ENQA […]
The Bucharest National Opera and the Kinetobebe Association announced “The Dance of Velvet Steps,” a premiere performance for the audience with special needs, on Sunday, November 16. The show consists of a ballet performance adapted and made accessible for children and adults with disabilities. The performance is primarily addressed to children and adults with special […]
