Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure RO-2022-36/3126 – measures in Romania
|Country||Romania , applies nationwide|
|Time period||Temporary, 01 September 2022 – 31 August 2023|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
– Access to finance
|Author||Victoria Stoiciu, Nicoleta Voicu (Association Center for Public Innovation) and Eurofound|
|Measure added||22 February 2023 (updated 27 April 2023)|
Starting on 1 September 2022, the tax on electricity producers’ additional revenues was replaced by a contribution to the Energy Transition Fund in order to accompany the energy transition process in Romania, such as financing of activities and investments in the energy sector restructuring. The money from the Energy Transition Fund can also be used for financial support for final energy consumers, financial support measures to help reduce energy consumption, financial support measures for the development of energy autonomy.
The tax on electricity producers’ additional revenues, valid until 1 September 2022, was replaced by a contribution to the Energy Transition Fund at 100% of the difference between the monthly selling price and the ceiling of 450 lei/MWh. The contribution now also applies to traders, suppliers who carry out trading activity and aggregators who trade quantities of electricity and/or natural gas on the wholesale market.
The contribution to the Energy Transition Fund is determined as follows:
The contribution to the Energy Transition Fund does not apply to electricity generation facilities commissioned after 1 September 2022 and to those companies providing public heat services that produce electricity through cogeneration.
At the moment, there is no publicly available information about the number of companies affected by the measure or the impact of the measure.
|Does not apply to workers||
Sector specific set of companies
||Does not apply to citizens|
Company / Companies
No special funding required
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
The social partners did not express any public position concerning the measure.
No public views or reactions have been expressed regarding the measure.
|Economic area||Sector (NACE level 2)|
|D - Electricity, Gas, Steam And Air Conditioning Supply||D35 Electricity, gas, steam and air conditioning supply|
This case is not occupation-specific.
Eurofound (2023), Energy Transition Fund , measure RO-2022-36/3126 (measures in Romania), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/RO-2022-36_3126.html
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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.