National electricity consumption in Romania decreased by 5.7% in the first 11 months of 2023, y-o-y, to a total of 44.664 billion kWh, according to data published on Tuesday by the National Institute of Statistics (INS).Commercial electricity consumption stood at 33.900 billion kWh, down 4.6%, while households used 8.6%, or 10.393 billion kWh, less electricity.At the same time, public lighting reported a decrease by 19.7%, to 370.2 million kWh, and technological self-consumption in networks and stations was 4.488 billion kWh, decreasing by 1.9%.According to INS data, electricity exports amounted to 10.426 billion kWh, up 3.884 billion kWh. Technological self-consumption in networks and stations was 4.488 billion kWh, down 88.6 million kWh.Between January 1 and November 30, 2023, primary energy sources decreased by 3%, and electricity sources increased by 1.8% y-o-y.The main primary energy sources in the first 11 months of 2023 totalled 30.049 million tonnes of oil equivalent (toe), down 933,000 toe y-o-y.Domestic production totalled 16.420 million toe, down 81,800 toe (-0.5%) y-o-y, and import was 13.629 million toe, down 851,200 toe (-5.9%).Thermal power stations generated 15.976 billion kWh of electricity, down 3.609 billion kWh (-18.4%). Hydropower plants generated 17.149 billion kWh of electricity, up 4.269 billion kWh (+33.1%), and nuclear power plants generated 10.176 billion kWh of electricity, up 111.3 million kWh (+1.1%).January 1 - November 30, 2023, wind power plants generated 6.930 billion kWh, which is an increase by 526.5 million kWh y-o-y, and photovoltaic installations gave 1.602 billion kWh, down 120.1 million kWh y-o-y.
La French Tech Bucharest announces the third edition of its highly anticipated flagship event, Sustainability meets Profitability, set to take place on April 8th, 2025, at the Romanian - American University (1B Expoziției Boulevard, Bucharest), starting at 18:30. Sustainability meets Profitability event will explore the new regulations companies—big or small—must navigate and how they can turn […]
The builders of Romania’s important A1 Sibiu – Pitești highway are set to start the construction of a bridge over 300 meters long and at least 100 meters wide, allowing the animals of the Southern Carpathians to cross from one side to the other. The investment will pay off as a corridor for large mammals […]
The local business services industry has potential for growth, even if it will see a slower pace because the market is a mature one and given the high regional and global competitiveness, according to a report carried out by the Association of Business Service Leaders in Romania (ABSL) in partnership with Deloitte Romania. Still, the […]
Several Romanian military personnel who were on parental leave went to Congo as mercenaries, according to a statement from the Ministry of National Defense. The issue of active soldiers taking mercenary work first came up on the public agenda after PressOne...
The European Investment Bank and the government of Ukraine have agreed to allocate EUR 50 million from EIB funding to Ukraine's national railway company, Ukrzaliznytsia, for the modernization of key railway border crossings with Poland, Slovakia, Hungary, and Romania. The project includes repairs to worn-out railway tracks, the relocation of wagon inspections, the reconstruction of […]
Medicover has acquired the operations of the lab tests provider Synlab Group in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia in a transaction worth EUR 71.3 million, the company announced. The transaction was financed from Medicover's own sources. It was carried out by Medicover for its diagnostic services division, present in Romania under the […]
