Primary energy resources decreased in the first ten months of 2023 by 1.8pct, and those of electrical energy increased by 1.8pct, compared to the same period in 2022, the National Institute of Statistics announced on Thursday.The main primary energy resources, during the period January 1 - October 31, 2023, totaled 27.561 million tons of oil equivalent (toe), down by 491,200 toe compared to the same period of the previous year.Domestic production amounted to 14.990 million toe, an increase of 22,000 toe (+0.1pct) compared to the period January 1 - October 31, 2022, and the import was 12.571 million toe, a decrease of 513,200 toe (-3, 9pct).In this period, electricity resources were 53.984 billion kWh, an increase of 933.5 million kWh compared to the corresponding period of 2022.Production from thermal power plants was 14.232 billion kWh, down by 3.333 billion kWh (-19.0%). Production from hydropower plants was 15.934 billion kWh, up by 4.042 billion kWh (+34.0pct), and that from nuclear-electric power plants was 9.310 billion kWh, up by 239.1 million kWh ( +2.6pct).The production from wind power plants, ten months into 2023, was 6.194 billion kWh, an increase of 367.4 million kWh compared to the same period of the previous year, and the solar energy produced in photovoltaic installations in this period of was 1.533 billion kWh, down by 123.4 million kWh compared to the corresponding period of 2022.The final consumption of electricity in this period was 40.493 billion kWh, 6.3pct lower than the corresponding period of 2022, while the final consumption of electricity in the economy decreased by 4.9pct; public lighting decreased by 21.1pct, and population consumption dipped by 9.8pct.The export of electricity was 9.439 billion kWh, an increase of 3.751 billion kWh.Own technological consumption in networks and stations was 4.052 billion kWh, down by 107.2 million kWh.
Bucharest’s District 4 will soon have 50 new high-power charging stations for electric vehicles, mayor Daniel Băluță announced on Wednesday, July 2. Each station will feature two charging points, allowing up to 100 drivers to charge their vehicles simultaneously. The new infrastructure aims to support the growing adoption of electric mobility in the capital while […]
FintechOS, a leader in financial product management, appointed Sorin Mirea as Vice President of Commercial for Central and Eastern Europe (CEE), effective May. With more than 20 years of experience in the banking industry and a solid transition to the technology sector, he will lead the company’s growth strategy in key markets such as Romania, […]
Ecolet, the B2C brand of the Alsendo Group, has acquired the commercial operations of Curier Online in Romania, marking a significant step in Alsendo’s expansion strategy in Southeastern Europe. The transaction strengthens Ecolet’s position in the local e-commerce logistics market and enhances its technological offering for B2C and C2X clients. Through the deal, Ecolet takes […]
OMRO, the lending branch of the fintech Filbo, together with Filbo Pay and Easybill, listed RON 12.3 million (EUR 2.4 million) in corporate, unsecured bonds on the Bucharest Stock Exchange on July 1. This is OMRO’s fourth issue of corporate bonds. OMRO32 bonds have a nominal value of RON 100 per bond and a variable […]
The Ploiești Court found on Tuesday, July 1, that former tourism minister and influential politician Elena Udrea can be conditionally released from prison. The decision is not final and has reportedly been contested by the National Anticorruption Directorate, or DNA. Udrea is currently hospitalized at the Ploiești County Emergency Hospital, after undergoing surgery on Sunday, June […]
The foreign exchange reserves of the National Bank of Romania, or BNR, totaled EUR 58.281 billion at the end of June 2025, up by 4.71% compared to May 31, 2025. During the month of June, there were inflows of EUR 6.1 billion, representing changes in foreign currency minimum reserves established by credit institutions at the […]
