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, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]
Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
