Romania's primary energy resources increased by 10.8% in the first seven months of the current year, compared to the similar period in 2020, and those of electricity increased by 10.6%, according to data released by the National Institute of Statistics (INS) on Monday.The final electricity consumption stood at 32.459 billion kWh, in the same reference period, 7% higher, and public lighting decreased by 3.1%, while the consumption of the population increased by 8%.According to the official statistics, between January and July 2021, the main primary energy resources totaled 19.752 million tonnes of oil equivalent (toe), increasing by 1.935 million toe, compared to the same period last year.In this context, domestic production amounted to 10.908 million toe, 490,700 toe more than in the first seven months of 2020, and imports amounted to 8.845 million toe.According to the INS, compared to the reference period, the electricity resources were of 40.275 billion kWh, up 3.859 billion kWh.At the same time, the production from thermal power plants stood at 12.630 billion kWh, up 1.472 billion kWh (+ 13.2%).Also, the production from hydropower plants increased by 31.6%, up to 12.049 billion kWh, and that from nuclear power plants was 6.249 billion kWh, down 224.6 million kWh (-3.5%).INS show that the production from wind power plants, between January 1 and July 31, 2021, was 3.781 billion kWh, down 479.6 million kWh compared to the same period last year, while solar energy produced in photovoltaic installations was 1.09 billion kWh, down 0.5 million kWh.At the level of exports, the amount of exported electricity was 4.414 billion kWh, up 1.519 billion kWh.At the same time, its own technological consumption in networks and stations was 3.402 billion kWh, with 202.2 million kWh above the value recorded in the first seven months of 2020.
ARTEX AG, a Liechtenstein-based company and sole shareholder of ARTEX MTF, a Lichtenstein-based regulated multilateral trading venue, has appointed Claudio Cisullo, Founder and Executive Chairman of the Swiss-based family office CC Trust Group AG, as non-executive Director, effective April 3rd, 2024. ARTEX AG was co-founded by H.S.H. Prince Wenceslas von Liechtenstein and Yassir Benjelloun-Touimi in […]
Prince Paul Phillippe of Romania, one of the country's notorious fugitives, was captured in Malta at a resort where he was on vacation. Paul of Romania has been on the run for nearly four years from the country, where he was sentenced to 3 years and 4 months in prison in the case regarding the […]
Hobița, the village of famous Romanian sculptor Constantin Brâncuși, is at the center of a new temporary exhibition at Art Safari in Bucharest, which opens on Wednesday, May 1, and will be on display until May 19. Art Safari also offers a family program during the Labor Day & Orthodox Easter mini-holiday, open daily from 12:00 […]
The first section of the Transapuseana, a road that crosses Romania's Apuseni Mountains, was recently inaugurated. The section consists of 43 kilometers of county road. The road (DJ 107I), initially known as the 'Transalpina of the Apuseni,' was later renamed Transapuseana. It is the largest investment on a county road in Romania, with a total […]
According to a report from Romania’s National Institute of Statistics, during the period 2020-2022, the proportion of Romanian companies that introduced new or improved products or business processes into the market was 8.8%, a decrease of 1.9% compared to 2018-2020. Business innovation refers to the wide range of activities that enterprises...
SD Worx, a leading European HR and payroll solutions provider, said that it completed the acquisition of Romanian Software SRL, the market leader in Romania for payroll and Human Capital Management (HCM) solutions. Romania thus becomes the 18th European country in which SD Worx has its own proprietary payroll & HR software. SD Worx announced […]
