Final electricity consumption totaled 43.203 billion kWh in the first ten months of this year, down 6.4% compared to the corresponding period of 2021, whereas in economy, it declined by decreased by 5.6%, informs the National Institute of Statistics (INS), in a press release.Public lighting decreased by 0.7%, and population consumption went down by 8.8%. Own technological consumption in networks and stations was 4.159 billion kWh, down by 251.6 million kWh.The export of electricity was 5.688 billion kWh, an increase of 691.8 million kWh.Between January 1 and October 31, 2022, primary energy resources decreased by 0.8%, and electricity resources went down by 4.5% compared to the same period in 2021.The main primary energy resources totaled 27.607 million tonnes of oil equivalent (toe), down by 218,100 toe compared to the same period of the previous year.Domestic production amounted to 14.635 million toe, down by 643.700 toe (-4.2%) compared to the first ten months of last year, and imports stood at 12.972 million toe, up by 425.600 toe (+3.4%) .In this period, electricity resources were 53.051 billion kWh, down 2.491 billion kWh compared to the corresponding period of 2021.Production from thermal power plants was 17.565 billion kWh, down by 429.2 million kWh (-2.4%). Production from hydropower plants was 11.891 billion kWh, down by 3.245 billion kWh (-21.4%), and that from nuclear power plants was 9.071 billion kWh, down by 172.4 million kWh (-1.9%).Wind power output totaled 5.827 billion kWh, an increase of 674.5 million kWh compared to the same period of the previous year, and the solar energy produced in photovoltaic installations in this period was 1.657 billion kWh, an increase of 75.4 million kWh compared to the corresponding period of 2021.
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
