Primary energy and electricity resources increased in the first four months by 5% and 1.5%, respectively, compared to the same period in 2024, while final electricity consumption in the economy fell by 0.2% and that of the population rose by 5.5%, according to data from the National Institute of Statistics (INS).Thus, the main primary energy resources totalled 11.164 million tonnes of oil equivalent (toe) between 1 January and 30 April 2025, up by 533,900 toe compared to the same period last year.Domestic production totalled 5.917 million toe, down by 313,600 toe (-5%) compared to the period 1 January - 30 April 2024, while imports amounted to 5.247 million toe, up by 847,500 toe (+19.3%).During this period, electricity resources amounted to 23.22 billion kWh, up by 351.3 million kWh compared to the period 1 January - 30 April 2024.Production from thermal power plants was 5.999 billion kWh, down by 132.1 million kWh (-2.2%).Production from hydroelectric power plants stood at 3.894 billion kWh, down by 1.999 billion kWh (-33.9%), and that from nuclear power plants was 3.936 billion kWh, down by 47 million kWh (-1.2%).Production from wind power plants in the first four months of 2025 was 2.127 billion kWh, down 504.1 million kWh compared to the period 1 January - 30 April 2024, while solar energy produced in photovoltaic installations during this period was 1.092 billion kWh, an increase of 259.3 million kWh.According to INS data, final electricity consumption in the period under review was 16.953 billion kWh, 1% higher, final electricity consumption in the economy decreased by 0.2%, household consumption increased by 5.5%, and public lighting recorded a decrease of 7.4%, year-over-year.Electricity exports amounted to 444 billion kWh, an increase of 267.8 million kWh.Technological consumption in networks and stations was 1.827 billion kWh, down by 92.5 million kWh.
The four parties seeking a new ruling coalition in Romania have nominated candidates over the weekend for the ministries they are supposed to oversee, while a final agreement on the coalition's protocol is expected to be sealed on June 23. Some of the candidates proposed by parties have already prompted criticism, while prime minister-designate Ilie […]
The Romanian government has published a draft decision approving a strategic programme for the development and modernisation of Bucharest Băneasa – Aurel Vlaicu International Airport (AIBB-AV) covering the 2025–2035 period, Agerpres reported on June 20. The...
Romanian furniture manufacturer Taparo, a key supplier to IKEA and major European retailers, is nearing bankruptcy after its judicial administrator formally requested the Maramureş Court to initiate bankruptcy proceedings, citing the full cessation of the company’s operations. The request, filed on May 29, was recorded in the Insolvency Proceedings Bulletin,
Romania will maintain its standard VAT rate at 19% but will eliminate most preferential VAT rates beginning in August, retaining reduced rates only for food and medicines, Digi24 reported on June 20, citing sources close to the negotiations between president...
In a recommendation to be published on June 23 and proposed for endorsement in the July 8 meeting of the Economic and Financial Affairs Council (ECOFIN), the European Commission sets an updated fiscal consolidation trajectory for Romania, sets October 15 as a deadline for the annual update under the Excessive Deficit Procedure (EDP), and requires […]
The Economic and Financial Affairs Council (ECOFIN) on June 20 adopted a new decision establishing that Romania has not taken effective action in response to Council recommendations in the context of the Excessive Deficit Procedure. No further action was taken yet, however. Specifically, Romania failed to observe ECOFIN’s January 21 recommendation, which stipulated that the […]
