The National Energy Regulatory Authority (ANRE) last week approved an average increase of 19% in the regulated tariffs for the distribution of natural gas, which means about RON 10 /MWh distributed.The increase applies from July 1.The change in tariffs is determined by three main factors: the increase in the costs of the natural gas distribution adjusted for a forecast inflation for 2024 of 4.6%, the increase in capital costs following the achievement in 2023 of a record investment volume, both in connections to new users and in extensions of distribution systems in the concessioned areas, as well as an 8% reduction in the amount of natural gas transmitted in 2023.Under Energy and Natural Gas Law 123/2012 and ANRE Order 217/2018 approving a methodology for establishing the regulated tariffs for the distribution service in the natural gas sector, ANRE approves the regulated tariffs for the natural gas distribution service and sets the regulated tariffs for the provision of natural gas distribution services, differentiated, for each distribution operator.The tariffs include, but are not limited to, costs generated by the modernisation and development of distribution capacities through the extension of networks or by the creation of new systems/networks, as well as costs generated by the connection of new applicants to household customers, self-employed individuals, individual enterprises, family businesses and public institutions, only if such costs are justified.
Călin Georgescu, the far-right, Russia-friendly politician who surprisingly emerged as the first-round winner of last year’s presidential elections, remains under judicial control after a decision made by the District 1 Court on Thursday, March 6. The ruling is final, according to local news agency Agerpres. Georgescu
One Eye Laughs, the Other Weeps. Romanian Art in the Ovidiu Șandor Collection, an exhibition gathering works by over 60 Romanian artists, is set to open at the International Center for Culture in Krakow (MCK) as part of the Romania-Poland Cultural Season 2024-2025. The exhibition, open between March 8 and July 20, spans works from […]
The Dutch judiciary has extended by 90 days the detention of the 26-year-old man suspected of involvement in the theft of the Coțofenești helmet and the Dacian gold bracelets from the Drents Museum. The four artefacts, valued at EUR 5.8 million, have not yet been recovered. Several archaeological pieces from the Dacia - Empire of Gold […]
The European Court of Human Rights (ECHR) has unanimously declared inadmissible the case brought by Călin Georgescu, a former ultranationalist presidential candidate, regarding the annulment of Romania’s 2024 presidential...
Romania has awarded the first contract under the National Company for Road Investments (CNIR), selecting a consortium led by SA&PE Construct S.R.L. in partnership with Tehnostrade S.R.L., Spedition UMB, and Euro Asfalt to design and construct Section 1C Sărățeni-Joseni on the A8 Highway, also known as the “Union Highway.” The contract, worth roughly EUR 1 […]
Radisson Blu Hotel, Bucharest and Park Inn by Radisson Bucharest Hotel & Residence welcome Atakan Turhan as their new General Manager, effective February 2025. With over three decades of expertise in the hospitality industry – 20 of them within Radisson Hotel Group – Atakan Turhan brings a wealth of experience in hotel operations, strategic growth, […]
