It is not normal for Eastern Europe to pay much higher energy prices than Western Europe, as it has happened in recent months, and this is why we have asked the European Commission (EC) for a fair treatment and a functional energy union, Energy Minister Sebastian Burduja wrote on Wednesday on Facebook."As I promised on September 12, I officially asked the European Commission, alongside my Greek and Bulgarian counterparts, for fair treatment and a functional energy union. It is neither fair nor normal for Eastern Europe to pay much higher energy prices than Western Europe, as it has repeatedly happened in recent months. There are two causes for this: the lack of interconnections in central Europe (especially Austria and Slovakia), which means that the flow of cheap energy produced in the West practically stops in Austria and Slovakia; and the additional demand for energy from the Republic of Moldova and Ukraine, which puts additional pressure on prices in our region. I said it clearly yesterday in Warsaw too: we respect the common European single market obligations, but we demand equal rights too. There can be no development without safe and accessible energy. The well-being of our citizens and the competitiveness of the economy, wages and jobs depend on it. That is why we have tried to keep the prices capped for consumers, putting in all our efforts, but we cannot tolerate the inequities on the European energy market," Burduja wrote on Facebook.According to him, at the joint request of Romania, Greece and Bulgaria, which has already been accepted by the European Commission, "we will present the situation and ask for offset measures at the next meeting of the EU Energy Council, which is due in Luxembourg on October 15", because "the truth must be told, and Romania will not be silent in the face of injustices." (Photo:https://www.facebook.com/)
Romanian companies are entering 2025 with cautious optimism, focusing on managing risks and controlling costs, according to the Deloitte 2025 Romania CFO Survey conducted at the end of last year among approximately 130 Chief Financial Officers (CFOs). Most of the Romanian CFOs predict an increase in revenues for this year (58%), but their share has […]
Several employees of the Romanian Senate began protesting and booing while the president of the upper Chamber was announcing that staff restructuring would be implemented to reduce public spending. Ilie Bolojan, president of the National Liberal Party and head of the Senate, announced a reduction in the organizational chart from 796 positions to 618 positions. […]
The members of the Romanian angel investor network TechAngels put EUR 2.757 million in direct investments in tech startups in the second half of 2024, almost triple the amount invested in the year's first half. The investments for the entire 2024 rose to EUR 3.777 million, a 25% year-on-year increase. The rounds backed by TechAngels […]
REHAU, the German leader in polymer-based solutions for the construction, automotive, and industrial sectors, announced the appointment of Paul Chipriean as Country Manager for Romania at the beginning of this year, taking over for Alexandru Oprea, who will move on to a new strategic regional position. Concurrently, Paul Chipriean will also serve as Director of […]
Moldova will not compete in the Eurovision 2025 song contest. The decision was made "following a detailed analysis of the current situation, as well as economic, administrative, and artistic challenges," the organizers stated. The announcement was made on Wednesday, January 22, by the director of the national television Moldova 1, Corneliu Durnescu, and the head […]
Low-cost airline Wizz Air said that it continues its expansion at the Sibiu base with the allocation of a second aircraft in the summer of 2025, bringing the total number of aircraft in Romania to 33. The company will thus increase capacity in the Transylvanian city by adding over 320,000 seats, a 58% increase compared […]
