Final electricity consumption in Romania in the first 11 months of 2024 was 46.029 billion kWh, 1.8% higher than in the period January 1 - November 30, 2023, with the final commercial electricity consumption increasing by 1.5%, household consumption by 3.2%, while public lighting decreased by 4.7%, according to data published on Thursday by the National Institute of Statistics (INS).Primary energy sources decreased by 0.4% in the first 11 months of 2024, and electricity sources increased by 0.2%, y-o-y. Thus, the main primary energy sources totalled 29.777 million tonnes of oil equivalent (toe), down129,900 toe y-o-y.Domestic production amounted to 15.477 million toe, down 765,300 toe (-4.7%) as against January 1 - November 30, 2023, and imports amounted to 14.299 million toe, up 635,400 toe (+4.7%).Electricity sources amounted to 60.242 billion kWh, up118.9 million kWh y-o-y.Thermal power plants generated 15.728 billion kWh, down 248.7 million kWh (-1.6%).Hydropower plants generated 13.410 billion kWh, down 3.739 billion kWh (-21.8%), and nuclear power plants produced 9.892 billion kWh, down 284.5 million kWh (-2.8%).Between January 1 and November 30, 2024, wind power plants generated 5.613 billion kWh, down 1.318 billion kWh y-o-y, and the solar energy produced in photovoltaic installations was 3.369 billion kWh, up 1.224 billion kWh y-o-y.Electricity exports amounted to 9.860 billion kWh, down 566.4 million kWh.Technological self-consumption in networks and stations was 4.353 billion kWh, down 136.1 million kWh.
Romanian director Radu Jude has won the Silver Bear for Best Screenplay for Kontinental '25 at this year's Berlin International Film Festival/ Berlinale. Kontinental '25 is Jude’s third film awarded in Berlinale’s main competition, after Aferim!, which earned...
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023. The total value of real estate transactions reached EUR 146 million in 2024. There were 114 transactions in January 2025, double the number in January 2024. With a total of almost 1,300 real estate transactions, North Bucharest Investments […]
Forvis Mazars Group, the international audit, tax and advisory services partnership, releases today its annual CEE M&A report, prepared in association with Mergermarket. It reveals that dealmaking in the CEE region suffered a decline in overall deal value, although a marginal rise in deal volume shows the market’s underlying robustness. The Investing in CEE: Inbound […]
With a total of almost 1,300 real estate transactions, North Bucharest Investments (NBI) managed to triple its sales volume compared to 2023, and the total value of transactions reached €146 million in 2024. This amount reflects an increase of 133% compared to the previous year and consolidates the company's leading position on the real estate […]
French president Emmanuel Macron said that Russia manipulated elections in Romania and that the cancellation of last year's presidential elections did not shock him as a result of that intervention. Macron made the comments during a session of questions from users on social media regarding the situation in Ukraine. Over one hour, he...
Romania’s Ministry of Education released the latest edition of the National Metaranking, identifying the top universities in the country. The ranking has undergone minor changes compared to last year’s edition or the last independent metaranking published in the fall by academic experts. The Transilvania University of Brașov has entered the top 5 universities in Romania, […]
