energy sector

Romania's energy sector is obsolete and inefficient, facing unsuccessful privatizations and "an abuse of non-transparent contracts," and the country currently "re-launches the reform" in this industry, Energy Regulatory Authority ANRE president Petru Lificiu said Tuesday.

Romania's Economy Ministry will extend until the end of July or early August the public debates on the reorganization of the country's energy production sector, as talks with companies, trade unions and employers in the energy sector have not been completed yet.

Romania will notify the European Commission at the end of July about its plans to reorganize the country’s energy sector, Economy Minister Adriean Videanu said Tuesday.

The European Commission decided to pursue the second stage of the infringement procedure against Romania over the energy sector, as the Parliament in Bucharest did not adopt an emergency ordinance whose stipulations included several European directives.