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Romania caps electricity & gas prices, imposes windfall tax for producers

05/11/2021

On 29 October, the Romanian parliament passed Endorsement Law no. 259/2021, which approves and puts into action Government Emergency Ordinance no. 118/2021 on establishing a compensation scheme for electricity and natural gas consumption for the 2021-2022 winter...

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Authors

Portrait ofVarinia Radu
Varinia Radu
Partner
Bucharest
Portrait ofRamona Dulamea
Ramona Dulamea
Counsel
Bucharest
Portrait ofRaluca Diaconeasa
Raluca Diaconeasa
Senior Associate
Bucharest
Portrait ofAndrei Tercu
Andrei Tercu
Consultant
Bucharest
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