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 deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
