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).
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
