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.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
