Ministry of Energy

PM Citu: Ordinance regarding energy price subsidies discussed in first lecture; price capping also approached

Prime Minister Florin Citu said, on Wednesday, that an ordinance aimed at subsidizing energy and gas prices was discussed in first lecture, among other topics, in the Government sitting. "It's about subsidizing the prices for energy and gas. I had a very good talk in the Government session today.

Ministry of Energy sends EIB first applications for financing strategic projects in energy sector

The Ministry of Energy sent on Tuesday to the European Investment Bank (EIB) the first applications for financing from the budget of the Modernization Fund nine strategic projects in the energy sector, with an investment cost of over 693 million euros, according to a ministry press release.

EnerMin Popescu: Repeat offences of energy suppliers&distributors will be punished at turnover level

The Ministry of Energy will come to Government with an emergency ordinance by which the repeat offences of energy distributors and suppliers will be punished at the level of the company's turnover, announced, on Tuesday, the Minister of Energy, Virgil Popescu, announced.

PM Citu: No political leader has come to ask for extraordinary session for vulnerable consumer law

Prime Minister Florin Citu said on Tuesday that "all sorts of brave people" from all parties come up with solutions regarding the vulnerable consumer law, but no political leader proposed an extraordinary session for the faster adoption of this piece of legislation. "We have the law of the vulnerable consumer and here again we have to call a spade a spade.

Bulgaria' Special Prosecutor's Office is Dealing with High Price of Electricity

The Bulgarian Specialized Prosecutor's Office received a signal from the Association of Industrial Capital in Bulgaria, the Bulgarian Chamber of Commerce, the Bulgarian Chamber of Commerce and Industry and the Confederation of Employers and Industrialists in Bulgaria in connection with the record high price of electricity for business.

Nuclearelectrica registers rise in net profit by 12.3%, to 385.4 million RON, in H1

The National Company Nuclearelectrica (SNN) registered, during the first half of this year, a net profit of 385.393 million RON, rising by 12.3%, in comparison with the similar period of 2020, according to the company's financial results, published on the Bucharest Stock Exchange (BVB).

Speaker Orban: Gov't attaches great importance to energy investment

Speaker of the Chamber of Deputies and national leader of the National Liberal Party (PNL) Ludovic Orban said on Thursday in Constanta that moving forward, the government will attach special importance to energy investment. "This is a time of major change, I would say almost a revolution in the field of energy.