Prime Minister Nicolae Ciuca stated, on Monday, that, at the level of the Government, several proposals for mitigating the impact of rising energy prices have been analysed, and they will be discussed on Monday evening in the governing coalition meeting, mentioning that the main purpose is to protect the vulnerable consumer and essential institutions, and for the economy to function."The main purpose is to protect the vulnerable consumer, to protect essential institutions, schools and hospitals and, also, to take measures so that the Romanian economy can function and not be as affected by the impact of increases in the prices of energy and gas," answered Ciuca, when asked, before the governing coalition, about the Social Democratic Party's (PSD) proposals to reduce the ceilings for electricity and natural gas.He added that measures were taken so that state institutions verify all the companies that provide electricity and gas and which have not respected the Vulnerable consumer law. The Prime Minister emphasized the checks will continue "firmly and correctly".
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
