The updated version of Romania's Energy Strategy 2025-2035 provides, among other things, for keeping affordable energy prices in place and supporting economic competitiveness, developing energy storage facilities and encouraging the growth of domestic consumption under efficient circumstances, according to the Ministry of Energy.The draft of the updated "Romania's Energy Strategy 2025-2035 toward 2050" document is posted on the website of the Ministry of Energy, the section "Transparency and integrity - Decision-making transparency.""The previous energy strategy was adopted 17 years ago, for 2007-2020. Therefore, there was a pressing need to adopt a new programmatic document. Among the novelties of the strategy, I would list: the imperative of safeguarding the energy security of Moldova; focusing on lowering energy prices for household and industrial users; developing storage facilities; cyber-security and the construction of a local supply chain with technologies and materials necessary for the green transition. I would like to remark that this strategy was developed by experts from the Ministry of Energy together with those from companies and bodies operating under its authority, as well as by the members of the Honorary Council for Energy. Not a single penny from the national budget was used for external consultancy," Energy Minister Sebastian Burduja is quoted as saying in a press statement released by the Ministry of Energy on Friday.In the view of the relevant ministry, among the need to accelerate the green transition and improve energy security, Romania's new energy strategy aims to ensure complementarity between maintaining affordable prices and supporting economic competitiveness; a gradual transition from fossil fuels to renewable and/or low-carbon energy resources; developing storage facilities; improving energy efficiency; diversifying domestic energy resources; strengthening energy transmission and distribution networks; encouraging an increase in efficient domestic usage; flexibility of networks and the creation of a competitive and highly-performing market that places users at its core.
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of 162.3 million euros in the first half of 2025, up 15% year-on-year (YoY), and a gross profit of 59.8 million euros, up 12% YoY, while the net profit stood at 49.6 million euros, up 8% […]
The Romanian government adopted on Thursday, August 28, the ordinance by which the annual road vignette for cars increases from EUR 28 to EUR 50. At the same time, fines will be doubled starting the second week of September, Biziday.ro reported. The provisions of this ordinance shall enter into force within 10 days from the date […]
Ricky Martin will perform in Bucharest on December 16 as part of his Ricky Martin Live 2025 world tour, bringing his high-energy show to Romexpo Hall. The international superstar, known for fusing Latin rhythms with pop and global influences, is set to deliver a vibrant performance in Romania, according to the organizers. During the Bucharest […]
Romania’s famous George Enescu International Festival is set to expand in 2025 across the country and in the Republic of Moldova. Alongside the main program held in the capital, in emblematic halls such as the Romanian Athenaeum, the Radio Hall, the Bucharest National Opera, the Bucharest National Theatre, and others, the Enescu Festival reaches over […]
Three Turkish citizens, including the alleged coordinator of recent shootings in Bucharest's Old Town, have been detained by Romanian police while attempting to leave the country. The three were stopped near the Nădlac border crossing, located in western Romania, after police set up several checkpoints...
The Romanian frigate ‘Regina Maria’ has departed from the Black Sea port of Constanța to take command of NATO’s Operation Sea Guardian for the second time in five years, the Naval Forces announced. The NATO task group will also include a Croatian naval vessel, an Italian submarine, and a Portuguese Air Force aircraft. The Romanian […]
