Compensation of gas and electricity bills will be applied as of November 1, for both household consumers, and for non-household ones, because we must also take into consideration SMEs and small companies, Prime Minister Florin Citu declared on Thursday."At this moment, I want to be sure that what we are doing on the compensation side to be quick, simple, and not to involve the consumer too much. And here I want to be very clear, I am talking about the household and non-household consumer, because this is also about SMEs and small companies, which do not have the same negotiating power as a large company. So, we are talking about the household and non-household consumer. Solutions will be for both categories and we will have this solution as quickly as possible, so that they will come into effect as of November 1," Citu explained, during the online debate "Capping versus Compensation. The saving solution for the topic of the moment: electricity and natural gas bills", organized by DC News.The Prime Minister said that this compensation needs to be "a good, simple, transparent product", which will be used this winter, but also in the future for "other exceptional situations"."Compensation moves forward, November 1 - May 31, there is no discussion here," Citu added.According to him, there will be approximately 5.3 million households, which is almost 10,000,000 people.The PM also advised caution in the case of an eventual capping of electricity and gas prices, because Romania is a producer of electricity and gas, but it must make sure that it will not affect the companies' investment plans. But, he added, if the European Union decides on capping prices, then Romania will do the same.
Romania closed its 2026 World Cup qualifying campaign with a 7–1 victory over San Marino on Tuesday night, November 18, finishing the year on a high in front of home supporters at the Ilie Oană Stadium in Ploiești. Despite the decisive win, the national team ended Group H in third place, behind winners Austria, who […]
A street in Bucharest’s District 3 has been closed to traffic after the state-owned gas network operator Transgaz warned that it had been built over natural gas pipelines in violation of safety standards. Brățării Street was allegedly built by the District 3 City Hall in the area without proper measures in place. Vehicular traffic over […]
Paysera is strengthening its position in Romania by targeting a gap long overlooked by traditional banks: affordable, fully digital financial services for small and medium-sized businesses. In an interview with Romania Insider, Daniel Turbatu, Country Manager of Paysera Romania, says the company’s biggest advantage remains its free business account, which can be opened entirely online […]
DN Agrar Group (BVB: DN), one of the leading integrated agrifood companies in Romania and the largest dairy milk producer in Europe, reported record results for the first nine months of 2025. The company achieved a turnover of RON 158 million, a 25% increase year-on-year, while net profit doubled to RON 43 million, backed by […]
Presidential adviser Ludovic Orban is leaving his position after just six weeks in office, following a mutual agreement with president Nicușor Dan to end their collaboration, the Presidential Administration announced on Tuesday, November 18, as reported by Agerpres. Orban, a former prime...
Yellow Fresh Fruits has quickly emerged as one of Romania’s most dynamic fresh fruit importers, reshaping a market where consistency and speed increasingly define competitiveness. In an interview with Romania Insider, Fryderyk Schiller, COO of Yellow Fresh Fruits, outlines how the company expanded from its Polish origins to operating advanced ripening centers in Timișoara, Bucharest, […]
