Author: Andreea Ionescu

About one in five (21.1%) households in Romania fall below the poverty line after paying their energy bills, according to the new annual report published by the Romanian Energy Poverty Observatory (ORSE) „The data show the significant impact of energy costs on living standards and confirm that the phenomenon remains a major challenge at national level, especially in a context marked by new tensions on international energy markets. Energy poverty particularly affects rural areas and individual households, and the inclusion of gas cylinder costs shows an even greater pressure on household budgets,” the press release said. ORSE's analysis shows that...

Romania is entering a new phase of fuel price hikes, and the alarm signal comes from the most sensitive area of the economy: diesel. The psychological threshold of 9 lei per liter has already been exceeded and market dynamics show that the level of 10 lei is no longer an exaggerated hypothesis, but a possible scenario in the immediate future, says the Intelligent Energy Association (AEI). It reflects geopolitical tensions in the Middle East and the impact of the conflict surrounding Iran on global energy markets. When such crises arise, the first fuel to react is diesel. The reason is simple: Europe, including...

The Romanian Government has approved the Memorandum by which the Ministry of Economy, Digitalization, Entrepreneurship and Tourism (MEDAT) is mandated to coordinate, at national level, the technical steps necessary for Romania's participation in the Important Project of European Interest in Advanced Semiconductor Technologies (IPCEI AST), including the launch of the national call for expressions of interest, the selection of projects, the alignment with participating Member States and the pre-notification and notification to the European Commission. The Memorandum sets the framework for Romania to prepare its participation in this European initiative by organizing the national process of identification and selection of eligible projects. To this end, MEDAT will launch the call for Expressions of Interest (EoI)...

While Romania already has a new cap-and-trade system in place, the European Union is also considering measures to bring down energy prices, including by capping gas prices, European Commission President Ursula von der Leyen said on Wednesday, according to Reuters. Even before oil and gas prices spiked because of the war in Iran, Brussels had drawn up proposals to try to help industries that say high energy prices are preventing them from competing with rivals in China and the United States. „It is crucial to reduce the cost impact when gas sets the price of electricity,” said von der Leyen...

The bidding for the sale of Combinatul Siderurgic Galați and the Tubular section, organized by the consortium of insolvency administrators Euro Insol and CITR, ended today, after an extensive process of promotion and dialogue with strategic investors in the international steel industry. As a result of the process, five strategic investors from Europe and Asia have purchased the specifications and some of them have already visited the plant. The asset valorization process has been supported by an extensive promotion and identification campaign for potential strategic investors. To this end, investment opportunities have been presented to relevant players in the steel industry and to...

Greenvolt Next, part of the Greenvolt Group, announces the finalization of five photovoltaic projects for the commercial and industrial sector in the Moldovan region, with a combined installed capacity of 1.32 MW. Four of the projects are already operational, while the fifth is in the final implementation phase. These projects allow local generation of electricity for own consumption, reducing the grid companies' dependence and exposure to volatile market prices, while at the same time contributing to reducing the carbon footprint. On average, the beneficiaries achieve a grid independence rate of up to 40% and savings of almost 40% on their electricity bill....

Rompetrol Rafinare, the operator of the only petrochemicals division in Romania, has started the production of a new polymer assortment - Random Copolymer Polypropylene, the result of a strategic technological process, aimed at diversifying the product portfolio and meeting the growing demand from the automotive and food industries. „By developing this new assortment, we are responding to the growing demand for premium polymers on the Romanian and regional markets. This is a major step taken by our company, which will bring significant progress to our petrochemicals division, the only one in the country, a real support for major industrial sectors in Romania,” said Sorin Graure, CEO of Rompetrol Rafinare....

Fleet electrification represents a significant economic and climate opportunity for Europe, according to EY and Eurelectric's report Fleet Forward: powering the transition to electric mobility. The report shows that fleet transition in Europe could generate cumulative operational cost savings of up to €246 billion by 2030. The report also estimates that full fleet electrification could reduce CO₂ emissions by up to one billion tons by 2030. Operational cost benefits are already visible in key fleet segments. The report finds that electric passenger cars and light commercial vehicles can deliver savings...

Romania exports more than ten billion euros in IT services every year, and the sector's contribution to the country's Gross Domestic Product is 8%, Daniel Constantin, president of the Romanian Agency for Investment and Foreign Trade (ARICE), told the Digital Innovation Summit Bucharest 2026 (DISB 2026) on Tuesday. „I am in front of you today and I am happy to be here through the position of a man who has been dealing for a short time with what it means to attract foreign investment, but also to balance a trade balance that is in deficit for our country. I come before a sector that...

The Association for Intelligent Energy (AEI) is sending an open letter to the Romanian Government to signal the urgent need to adopt a coherent and effective action plan to reduce the economic and social impact of the increase in the price of diesel fuel, according to a press release. ”The accelerated increase in fuel costs, especially diesel, has direct effects on the national economy, influencing transportation costs, prices of goods and services, as well as the financial stability of some economic sectors. Transporters, agricultural producers, logistics operators and, ultimately, consumers are already feeling these pressures, underlines the need for strategic and coordinated intervention by public authorities, which...