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.
Céline Gauer, the director general of the Recovery and Resilience Task Force (or RECOVER) at the European Commission, arrived in Romania on Tuesday, July 15, to meet with officials regarding the implementation of the National Recovery and Resilience Plan, or PNRR. As the coordinator of the PNRR, which offers funding in the form of advantageous […]
Aluminium producer ALRO, a subsidiary of Vimetco PLC from Cyprus, celebrated 28 years on the Romanian stock exchange (BVB) and 60 years of uninterrupted industrial activity. Its market capitalization has increased nearly 21 times since its listing and now exceeds RON 1 billion. The company’s history began with the first batch of Romanian aluminium, on June […]
Something is quietly shifting in Romania. In places where paperwork, patchy Wi-Fi, and long queues once ruled, change is starting to show. Towns are more connected, cities are getting smarter, and essential services are beginning to live online, not in line. A tidal wave of digitisation is common to other areas of the globe, that’s […]
Several segments in Romania's A7 and A8 highway projects have lost funding from the National Recovery and Resilience Plan (PNRR) due to project delays, the minister of investments and European projects, Dragoș Pîslaru, announced on Tuesday, July 15, as reported by Biziday.ro. He did not specify which segments of these highways were affected. The statement […]
Real estate developer Redport and businessman Dan Șucu officially inaugurated the showroom for their latest residential project, Vitality Est, and announced the start of construction work on the site near Pantelimon Park and Lake in eastern Bucharest. The project, estimated at EUR 50 million, will include 500 apartments and 400 square meters of commercial space. […]
According to an analysis from real estate consultant Colliers based on National Bank of Romania data, Romanians spent more than EUR 3 billion on international travel in the first four months of 2025, 15% more than in the same period of 2024. If the current pace continues, Romanians’ spending on foreign holidays and business travel […]
