The national transporter for energy Transelectrica reported last year losses of 6 million lei, from a net profit of 145 million lei in 2020.Total net revenue in 2021 with 12% at 1.345 billion lei.The investments made by the company in 2021 were 466 million lei. ‘The total operational income made between January and December 2021 had a growth of 58% as compared to the same period of the previous year (3.746 billion lei in 2021 against 2.367 billion lei in 2020), determined mainly by the growth of the quantity of electricity delivered to the users, the increase of the average transport tariff and the growth of the income made on the balancing market” the data of the company say. On 31st December 2021, the company records debts to get worth 208 million lei, represented by the bills issued according to the aid scheme bonus-type for the promotion of high efficiency co-generation. The domestic net consumption of the country increased by 5% up to 58.3 TWh and the domestic net production with 6% at 56,1 TWh. The net import was 2.2 TWh, dropping by 21%.
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
A young Romanian has developed a new system that allows people to return entire bags of recyclable packaging at once, replacing the traditional method of inserting bottles one by one into reverse-vending machines. The concept, called IZI, was created by Ștefan Parascanu, who returned to Romania after studying and working in the United Kingdom. The […]
JTI, the global owner of both Winston and Camel, announced on Thursday, November 27, a plan to build a new, state-of-the-art factory in Ștefăneștii de Jos, Ilfov County. Designed to replace the current Bucharest production site, which is operating under space constraints, the facility is scheduled for completion in 2027. Ground works at the new […]
The City Hall of Oradea, in northwest Romania, has begun installing new smart parking meters as part of its ongoing modernization and digitalization of the municipal parking system. The first batch of devices has already been placed in central areas, and the entire system is expected to become operational by the end of the year. […]
Orange Romania announced the launch of the 5G+ technology in the Bucharest subway, becoming the first operator in the country to reach mobile data speeds of up to 1 Gbps in the underground network. The company has begun activating the technology in several stations and plans wider deployment in the coming weeks. The first 5G+ […]
PPC blue Romania, the electric mobility division of the PPC group, announced the expansion of its national charging infrastructure through the acquisition of the Hermes Flow network, adding 116 new charging points for electric vehicles. Most are located in the Bucharest-Ilfov region, with the rest in 10 other counties. Once fully integrated, users will have […]
