The net production of coal of Romania was, as a total, over the first six months of the year, 1.5 million tons equivalent oil, being 14.2% (248,300 toe) lower than the similar period of 2022, according to the data centralized by the National Institute for Statistics (INS).During the mentioned period, Romania imported 147,200 toe coal with 180, 20 toe (55.6%) less than the quantity imported last year during the same period.According to the National Commission for Strategy and Prognosis, the coal production of Romania will drop this year by 12.5% down to 2.705 million toe, while imports will diminish by 40.3% at 210,000 toe.In its latest energy balance forecast, the CNSP reports that, by 2026, coal production and imports are expected to decrease as more power generation capacity comes on stream. Thus, in 2024 production will fall by 6.7% (to 2.525 million toe) and imports by 6.7% (to 195 000 toe), in 2025 by 8.6% (to 2.31 million toe) and 4.5% (to 185 000 toe) respectively and in 2026 by 10.2% (to 2.075 million toe) and 2.5% (to 180 000 toe) respectively.
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
Romanian president Nicușor Dan is scheduled to be in the United Kingdom on Tuesday and Wednesday, December 16-17, to meet with representatives of the business environment and the Romanian community. On the first day, the head of state will hold meetings with Romanian representatives from the business environment in the UK, as well as with […]
More than 300,000 older people living in Romania’s urban areas are expected to spend Christmas alone, according to data cited by the NGO Niciodată Singur – Friends of the Elderly, which recently launched its annual holiday campaign aimed at tackling loneliness among seniors. The initiative, titled “Be the Carol That Breaks the Silence,” is based […]
The Romanian Senate adopted a simple motion initiated against environment minister Diana Buzoianu on Monday, December 15. The motion passed after the Social Democratic Party (PSD), the largest party in the governing coalition, joined the far-right opposition party AUR in the initiative. The vote for the simple motion was carried after a no-confidence motion filed […]
Romanian farmers are set to benefit from improved access to financing following a EUR 25 million loan granted by the European Investment Bank (EIB) to Agricover Credit IFN SA, aimed at supporting micro agricultural businesses across the country. The funding will be provided under the InvestEU mandate and is intended to boost productivity and promote […]
Romanians rank among the most satisfied homeowners in Europe, but rising housing-related costs continue to put significant pressure on household budgets, according to the RE/MAX European Housing Trend Report 2025. The study showed that 81% of Romanians are happy with their living situation, above the European average of 77%, while 83% live in owner-occupied properties, […]
