Romanian residential consumers with monthly consumption of under 300kWh will pay a preferential 5% VAT rate and no co-generation or green certificates after April 1 - when the ‘cap and subsidy’ scheme in force over the winter period expires, prime minister Nicolae Ciuca announced on January 11. According to prices on the spot market, the phasing off of the ‘cap and subsidy’ program would result in 80% higher prices unless another package of compensations is set in place. The new set of measures announced by PM Ciuca is weaker than those in force over the winter. Namely, for a “universal service” price of RON 1.37 per kWh charged now in the Bucharest metropolitan area, the households pay RON 0.71 if their monthly consumption is under 300 kWh and RON 1 if they consume more. After April 1, the measures announced by the PM would result in a price of RON 1.11 - but only for the group of households using less than 300kWh per month. The estimates, compiled by Economica.net, does not price at the rising prices on the spot market. PM Ciuca announced that the Government ponders a new support scheme for small and medium-sized enterprises (SMEs) and for the natural gas residential consumers.
Romanian dessert producer Senneville has officially opened a new state-of-the-art refrigerated dessert factory in Călan, Hunedoara county. The facility is the first of its kind entirely developed by a Romanian-owned company and represents a EUR 4 million investment funded through a combination of company capital, bank loans, and EU support via the Just Transition Program […]
The small town of Ballymena, in Northern Ireland, saw its third night of violence after two Romanian teenagers were accused of attempting to rape a teenage girl. Wednesday night’s violence consisted of clashes between masked individuals and the police. Law enforcement responded with water cannons to Molotov cocktails and fireworks launched by several hundred people, […]
The annual inflation rate in Romania in May 2025 compared to May 2024 was 5.5%, according to data published by the National Institute of Statistics (INS). The figure in April 2025 compared to April 2024 was 4.9%, the same level as in March. Data also reveals that the average rate of change in consumer prices […]
Bucharest City Hall has begun installing modern cooling stations across the city to help pedestrians cope with rising summer temperatures. In partnership with Apa Nova București, the municipality has introduced a pilot project that will see six misting installations placed in high-traffic areas of the capital. The first cooling station has already been installed in […]
More than half of Romanians believe the country’s international representation will improve during the presidency of Nicușor Dan, according to the latest Barometrul Informat.ro – INSCOP Research survey conducted...
As the academic year winds down, Cambridge School of Bucharest community came together for one of its most beloved traditions: the annual Summer Fair. This year’s event was even more special, as it marked the 30-year anniversary of the school. What began as a modest educational institution has, over the decades, flourished into one of […]
