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.
On November 20th, 2025, the Bucharest Stock Exchange (BVB) celebrated 30 years since its reopening, organizing a series of anniversary events along with various representatives of the Romanian capital market. Three decades ago, the first transactions took place on the BVB, and the Romanian investment landscape as we know it today began to take shape. […]
With the holidays just around the corner, we’ve created the new Collection of Boromir Infused Cozonac with natural vanilla syrup and pistachio. Unique, slightly moist, and richly filled, our latest assortments of Boromir Infused Cozonac make every festive moment with your loved ones even more special. Each bite melts in your mouth, bringing warmth, comfort, […]
Romanian airline AnimaWings announced on Friday, November 21, that starting in 2026, it will operate five new air routes from Timișoara International Airport, serving holiday destinations in Italy and Greece. The new connections include Athens (ATH), Olbia – Sardinia (OLB), Kefalonia (EFL), Thessaloniki (SKG), and Kavala (KVA). “We want Timișoara to become a reference point […]
President Nicușor Dan promulgated a law establishing October 29 as Queen Marie Day, following the bill’s adoption by the Chamber of Deputies on October 28, news agency Agerpres reported. The new law designates the date as a day dedicated to commemorating the life and historical contribution of Queen Marie of Romania. On October 29, public […]
Horaţiu Potra, the mercenary leader with alleged ties to Russia who previously fled Romania, was placed under preventive arrest for 30 days after his extradition from Dubai. He is investigated for attempted actions against the constitutional order, violation of the regime of weapons and ammunition, and violation of the regime of explosive materials. The same preventive […]
Nicușor Dan is the political figure in whom Bucharest residents have the most trust, according to a survey by INSCOP Research. The former mayor, now head of state, is followed by prime minister Ilie Bolojan. More precisely, 44.2% of the total sample state that they have quite a lot or very much trust in Nicușor […]
