Dacia warns rising energy costs threaten Romanian industry competitiveness

The director of Dacia has warned that high energy prices and a lack of predictability have become the main obstacles to the competitiveness of Romanian industry. Despite Romania’s significant energy resources and approximately €1.8 billion of EU funds earmarked for modernising and re‑technologising the power system, the rollout of new capacity and grid upgrades is proceeding slowly, risking delayed or unused funding. Factories are facing ever‑higher electricity bills, investment plans are being postponed, and some industrial projects are being relocated abroad. The director argues that without swift investment of the available EU resources into new production, grid modernisation and cost‑reduction projects, the country will lose jobs, tax revenue and future growth opportunities, as rising energy costs undermine the country’s re‑industrialisation goals.