Energy resources will register an average annual growth rate of 0.1% over 2024-2027, with a more important advane in the second part of the prognosis periof and a peak of 1% in 2026, according to the latest Energy Balance Prognosis published by the National Commission of Strategy and Prognosis (CNSP). A drop of 1.4% to 41.581 million tons of crude in 2024, an increase of 0.1% to 41.614 million tep for 2025 and of 1% to 42.022 million tep for 2026, and 0.7% to 42.304 million tep in 2027. At the level of primary domestic energy production, the estimated dynamic is negative, except for 2027, for which a recovery below 1% if foreseen so that an average annual rate of minus 0.5% is estimated due to the lower coal and crude production. According to estimates, the primary energy production will be 31.535 million tep in 2024 (minus 2.3%) of 21.465 million tep in 2025 (minus 0.3%), 21.430 million tep in 2026 (0.2%) and 21.624 million tep in 2027 (plus 0.9%). As for the production of primary electric energy, it is considered that electricity from renewable sources will record an average increase of 2.7% per year over 2024-2027, backed by new investments in hydropower plants at Cornetu Avrig, Surduc-Siriu or Siret Cosmesti-Movileni. Production increases are also foreseen for natural gas, with a slower dynamic in 2024, based on statistic achievements in the first 4 months, meant to grow to 3.4% in 2027. A slight improvement is supposed to happen in turning natural gas into electricity as a result of the commissioning of new energy groups, with combined cycle turbine, the prognosis mentions. An annual reduction of 2.2% is estimated for crude production. At the same time, the production of nuclear power was maintained constant throughout the prognosis, increases of production capacities being foreseen to take place after 2027. According to CNSP, the import of primary energy resources is expected to resume the ascending trend after the reduction of 2023-2024, due to the import of crude and coal. Following a drop of 0.5% foreseen for 2024 (to 15.486 tep), imports will grow by 0.7 million tep in 2025 to 15.59 million tep, by 2.8% in 2026 (to 16.633 million tep) and by 0.5% in 2027 , to 16.12 million tep. These resources are designed to ensure domestic consumption in conditions of improving industrial activity (in branches like chemistry and metallurgy) and of export, CNSP points out.
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
