Romania’s cap on energy prices will remain unchanged until March 2025, announced Romanian Energy Minister Sebastian Burduja on Thursday, meaning Romanian consumers will continue enjoying the EU’s fourth cheapest gas prices. After that date, adjustments to the pricing scheme may occur depending on market dynamics, he added, noting that the aim is to better target support towards vulnerable Romanians. The transition will be “gradual, transparent and predictable” because it is important to ensure “the stability” of the energy market, Burduja said, according to Agerpres quoted by euravtiv.com. Burduja highlighted that the price caps have enabled Romanian consumers to access gas at the fourth cheapest rates in the European Union. Regarding electricity, over five million households benefit from a monthly bill of 35 lei (€7), “an absolutely reasonable bill”, the minister said. He also noted that many energy suppliers currently offer prices below the government-set ceiling, allowing consumers to easily switch contracts if dissatisfied. Russia’s full-scale invasion of Ukraine in February 2022 saw a sharp rise in energy bills, with many national governments, including Romania, introducing state aid measures to shield citizens from excessive energy prices. Almost two years on, and with wholesale electricity prices returning to pre-war levels, things are returning to normality – and energy subsidy measures are being wrapped up in many EU member states.
Balancing career success with personal growth is a challenge many professionals face today. As the pressure to achieve and perform increases, many begin to crave more than just success: they want clarity, alignment, and a deeper sense of purpose. For Lin Holmquist, business coach and one of Europe’s most acclaimed experts in Tantra, Yoga, and […]
CFR Călători, the state-owned railway company for passengers, announced that the first train entirely made up of rolling stock modernized with funds from the EU-backed Recovery and Resilience Fund (PNRR) was introduced on the Bucharest North – Constanța route. The train, which is already running, consists of a locomotive delivered by the Softronic factory in […]
The first edition of Urban Habits (nUH), a festival aiming to be “a space for ideas, debates, co-creation, and experimentation,” takes place between April 26 and April 27 at Lokal and on Erou Ion Călin Street, which will be temporarily transformed into a pedestrian space. The program will address themes ranging from innovation, design, and […]
Mall Moldova, the largest shopping center in the Moldova region, officially opened on April 17 in Iași, covering 110,000 sqm. Developed by Prime Kapital, in partnership with MAS P.L.C., Mall Moldova is part of a large-scale investment plan carried out by the two investors in Iași, worth approximately half a billion euros, which also includes […]
Cătălin Chimir, founder and managing director of construction management company SENARIA, discusses the challenges and opportunities in Romania’s construction and real estate sectors and shares valuable insights on how to maximize project profitability and avoid common mistakes. Despite a stable demand for development, the Romanian construction market remains fragile due to factors like labor shortages, […]
Hoinar.Odyssey, the eighth edition of the classical music festival, explores in 2025 the theme of travel. It proposes a concept that brings together classical music, jazz, electronic sounds, contemporary theater, a musical, and new literature. The event, scheduled to take place between May 15 and May 20 at the ACT Theatre and the Romanian Athenaeum, […]
