Bogdan Chiritoiu

Energy prices will stay high, so people should make their consumption more efficient, government should help the vulnerable, and companies should pay a solidarity contribution, Chairman of Romania's Competition Council Bogdan Chiritoiu told AGERPRES on Wednesday.

The government wants to make money from the 5G auction and I don't believe it's the best approach, because it would be important to have good services at affordable prices, the president of the Competition Council, Bogdan Chiritoiu, said on Thursday. "The Romanian government, which has been different every year, has told us that it wants to hold a 5G auction.

President Klaus Iohannis said on Tuesday that Romanian regulatory bodies need to harmonize their operating framework. "The year 2020 has been a difficult one from an economic point of view, with situations in which the prices of some essential products have reflected speculative, arbitrary behaviors and an insufficiently structured market in terms of competitive mechanisms and behaviors.

President of the Competition Council Bogdan Chiritoiu considers that the Romanian economy has performed surprisingly well in the pandemic and there has been an excellent ability to adapt on the part of the private sector. "2020 was clearly a different year. It is remarkable that sectors of the private economy have adapted very well.

The public servants with the Transport Ministry are very courageous to allot from public funds subsidies for the rail transport of people, on their own responsibility, without an electronic system in place to check what happened to this money, Bogdan Chiritoiu, the chair of the Competition Council, told on Wednesday the conference "Modern and efficient: rolling stock that Romania needs," organi

The Competition Council handed down fines worth a total of 435 million lei (93 million euro) in 2018, this being the second year with the highest fines in the history of the institution, President of the Competition Council Bogdan Chiritoiu told a news conference on Tuesday.

By comparison, in 2017, there were handed down fines worth 123 million lei.

President Klaus Iohannis on Thursday awarded Chairman of the Trade Competition Council Bogdan Chiritoiu and three other competition officials Romania's Star in the rank of Knight decorations to celebrate the 20th anniversary of the Competition Council, as a token of high esteem for the significant contribution to the protection and boost of competition on the Romanian market in order to develop

The Competition Council has asked for the opinion of the European Commission on the establishment of a 30 per cent limit for the volume of timber from each species that a company should be allowed to purchase, before introducing the measure in the draft law that will amend the existing Forestry Code.

Photo credit: (c) George CALIN / AGERPRES ARCHIVE

Romania's electricity market will be affected this year by the implementation of the restructuring plans at the Hunedoara and Oltenia Energy Complexes, but these measures are set forth in the understandings with the international financial institutions, the stakes being the state aid, says Competition Council's President Bogdan Chiritoiu.