Romania's net coal production totaled 2.958 million tons of oil equivalent (toe) in the first 11 months of 2021, up 17.5 pct (440,800 toe) form the same period of 2020, according to data centralized by the National Institute of Statistics (INS).During the mentioned period, Romania imported 440,600 toe of net coal, by 38,700 toe (9.6 pct) more y-o-y.The National Commission for Strategy and Forecast (CNSP) estimated a coal production of 3.020 million toe for 2021, up 9.9 pct from 2020, and imports of 370,000 toe, down 12.1 pct. For 2022, CNSP forecasts a production of 2.935 million toe, down 2.8 pct, and imports of 270,000 toe, down 27 pct.According to the National Energy Strategy, total coal output will decrease from 32 TWh in 2030 to 12 TWh in 2050, in a trend to reduce the share of coal in the energy mix (45 TWh, in 2020).For 2030, the results of Optimum Scenario modeling show that energy derived from coal will decrease slightly to 15.8 TWh, accounting for 20.6 percent of the energy mix.
Roughly 8 out of 10 chief financial officers, or CFOs, from Romania’s largest companies say they now need constantly updated financial forecasts, unlike previous years when the focus was primarily on financial results, budgeting, and accounting, according to Inulta, a company specializing in Corporate and Enterprise Performance Management. The forecasts come to offer a degree […]
Romanian prosecutors have placed a precautionary seizure on the accounts and assets of the mercenary Horațiu Potra, in a case of tax evasion, embezzlement, and money laundering. The measure targets over RON 24 million, nearly 30 kilograms of gold, a property in Bucharest, and 11 properties and apartments in Sibiu. According to investigators cited by […]
The first sales figures from two of the largest European markets, France and Germany, both major markets for the Dacia brand, show that the debut of the carmaker's largest SUV, the Bigster, has been impressive. June data on car registrations in Germany show that the Dacia Bigster managed to sell 1,227 units in its second […]
After a 2024 marked by adaptation and consolidation, Romanian eCommerce entered 2025 with a more restrained dynamic. According to MerchantPro Compass, the biannual analysis conducted by MerchantPro, a SaaS eCommerce platform supporting over 2,000 active online stores—the first half of this year confirms a paradigm shift: it’s no longer about how much you sell, but […]
The TIFF Unlimited Caravan is hitting the road for the 16th consecutive year, bringing a diverse selection of Romanian and international films to audiences across the country. From July to September 2025, the traveling film series will stop in ten towns and cities, offering outdoor and indoor screenings of comedies, love stories, and family-friendly films. […]
Home sales decreased by 3.4% in Romania in the first six months of 2025 when compared to the result registered in the same period last year. Sales were down 7.9% in Bucharest and Ilfov in the same period, according to a market analysis issued by real estate consultant SVN Romania and based on official statistics […]
