Romania's net coal production totaled, in the first nine months of this year, over 1.918 million tons of oil equivalent, being 16% lower (minus 366,700 toe) compared to the same period in 2022, according to the centralized data of the National Institute of Statistics (INS).In the mentioned period, Romania imported 166,700 toe of coal net, with 173,500 toe less (minus 51%) compared to the amount imported the previous year in the same period.According to the National Strategy and Forecasting Committee, Romania's coal production will decrease this year by 12.5%, up to 2.705 million toe, while imports will decrease by 40.3%, to 210,000 toe.In the latest forecast of energy balance, CNSP indicates that, until 2026, the dynamics of coal production and their import are expected to decrease, as other energy production capacities will be put into operation. Thus, in 2024, production will decrease 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), respectively by 4.5% (at 185,000 toe) and in 2026 by 10.2% (at 2.075 million toe), respectively by 2.5% (at 180,000 toe).
The government is preparing a major overhaul of state-owned companies, deputy prime minister Oana Gheorghiu announced on Monday, November 24, unveiling plans for a unified registry and initial reforms targeting 10 key enterprises. According to her, Romania currently has 1,502 state-owned companies, including 230 at central level and 1,272 under local authorities. Among central entities, […]
Two Romanians reportedly forced open an emergency exit and ran after the plane that was preparing to take off for Bucharest from Cologne, southwestern Germany, on Friday, November 21. The two, aged 28 and 47, were late for boarding, at which point they broke an emergency window and activated a button to open a secured […]
NOËL, the longest-running designer gift fair in Romania, will hold its 16th edition on December 13–14 at Unirea Shopping Center in Bucharest. The event will feature more than 100 designers presenting handmade and curated gifts, including unique pieces, capsule collections, and seasonal items. The fair will host creators from Romania as well as artists from […]
Romania will celebrate its National Day on December 1 with a large military parade in Bucharest featuring Romanian and allied troops. The event will also showcase an extensive display of military equipment and aircraft at the Arch of Triumph. More than 2,900 servicemembers and specialists from the Ministry of National Defense, Interior Ministry, Romanian Intelligence […]
Romania’s leading bank, Banca Transilvania, announced the successful completion of its first AT1 (Additional Tier 1) bond issuance on the Dublin Stock Exchange. The final volume of subscribed orders reached over EUR 2.65 billion, representing an oversubscription 5.3 times higher than the amount BT intended to raise. More than 180 investors, a record in Banca […]
During the Executive Committee meeting on Thursday, November 20, the Romanian Gymnastics Federation decided to dissolve the national teams after a series of public accusations of harassment. The accusations are not new. At the end of October, upon returning to the country after the World Gymnastics Championships in Jakarta, 23-year-old athlete Denisa Golgotă revealed that […]
