The companies in Romania and Hungary pay the highest prices for energy in the EU, almost three times higher than the ones paid by the companies in Finland, shows an annual report regarding the single market and competitiveness, published on Wednesday by the European Commission, send DPA.According to the document, the prices for energy in the EU have increased significantly after the beginning of the Russian invasion in Ukraine, two years ago. The average price paid by an average-sized company in the EU has increased up to 0.21 euro/KWh in 2023, from 0.18 in 2022.The average-sized companies in Romania pay the highest prices for electricity in the EU, from 033 euro/KWh, followed by those in Hungary, which pay 0.30 euro/KWh. At the other end, the lowest prices were identified in Finland and Portugal, at 0.10 euro/KWh.The report of the community executive shows that the UK has registered most dramatic increases while the US has kept the energy prices at a reduced level.Similarly, in the case of the EU, the share of energy from renewable sources has increased up to 23.02% in 2022, shows the report of the commission. By comparison, in 2020, the last year for which there are comparable data, the share of renewable sources energy was two times higher in the EU than the US and Japan.The EU has established as target for 2030 42.5% of the used energy to come from renewable sources.
President Nicușor Dan, in office for roughly three months, attended the Salzburg Industrialists' Summit, the most important reunion of the Austrian business community, urging them to invest in Romania. Specifically, the president emphasized the strategic opportunities in the defense, energy, infrastructure, and logistics sectors. “Romania is significantly expanding its defense industry. Our sector offers real […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
The Drapers' Bastion in Brașov, built between the years 1450–1455, will be restored with European funds. The urban landmark will become an interactive museum integrated into the tourist circuit. The rehabilitation of the Drapers' Tower will support not only tourism but also the construction sector, contributing to the economic and cultural revitalization of Brașov, according […]
The National Meteorological Administration (ANM) has issued a code-red warning for persistent and intense heat from July 26, 10:00 AM to July 27, 10:00 AM for the regions of Banat, Oltenia, most of Muntenia, and southern continental Dobrogea. Day temperatures are expected to reach between 39 and 43 degrees Celsius, while the temperature-humidity index is […]
The fifth edition of Jazz Bastion will bring three concerts to the Weavers' Bastion in Brașov, featuring musicians from Romania, Ireland, and Switzerland. This year's edition "highlights the cultural diversity of music, which always brings together artists and audiences alike, regardless of language, nationality or affinities," the organizers explained. The public can attend performances by […]
