Romania's net coal production totaled, in the first 11 months of 2023, more than 2.313 million tons of oil equivalent, being 18.2% lower (minus 514,500 toe) compared to the same period in 2022, according to the centralized data of National Institute of Statistics (INS).In the mentioned period, Romania imported 185,600 toe of net coal, with 186,600 toe less (minus 50.1%) compared to the amount imported the previous year in the same period.According to the National Commission for Strategy and Prognosis, Romania's coal production would 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 the energy balance, CNSP indicates that, until 2026, the dynamics of coal production, as well as 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% (to 185,000 toe) and in 2026 by 10.2% (to 2.075 million toe), respectively by 2.5% (to 180,000 toe).
This loan agreement is DRI’s first internationally led syndicated financing, first certified green loan, and first multi-currency loan. The Vacaresti solar park, located in Dambovita County, Romania, has an installed capacity of 126MWp, enough to power about 50,000 households and avoid 48,600 tonnes of carbon emissions per year. DRI, the EU renewables arm of DTEK, together […]
Mircea Spiridon, a 50-year-old Romanian man, died in the Spanish region of Tres Cantos while saving an 83-year-old man, the owner of the riding stables razed to the ground in the same fire. The Romanian arrived in Spain 20 years ago. Married and with two children, ages 14 and 18, he was a mechanic by […]
The Bucharest International Air Show (BIAS) is set to launch the first exclusive NFT collection together with the National Institute for Research and Development in Informatics, ICI Bucharest. NFTs (Non-Fungible Tokens) gained popularity in the last few years as a way of owning unique digital objects. The NFT collection, titled “Cloud Chasers,” will be presented and […]
Sema Real Estate, one of the leading players in Romania’s real estate sector, announces a partnership with the Romanian fintech company Finqware to implement FinqTreasury, a key platform for the optimization and digitalization of financial operations in the real estate industry. Efficient management of collections and payments, rapid visibility into financial flows, and the elimination […]
At the British School of Bucharest (BSB), community engagement isn't an afterthought — it’s the heartbeat of school life. Guided by the spirit of #WeAreBSB, the school embraces four core mottos that shape everything from classroom discussions to student-led initiatives: #CONCERN for others, by being kind to the community #CONCERN for our planet, by being […]
Two individuals who received sums of money claiming to facilitate the acquisition of Romanian citizenship were convicted in absentia on Monday, August 11, in Chișinău for influence peddling and are wanted by Moldovan authorities. The two told citizens of the Russian Federation that they had influence over officials at the Romanian Consulate in Odesa and […]
