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.
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
