Romania's net coal production totaled 2.958 million tons of oil equivalent (toe) in the first 11 months of 2021, up 17.5 pct (440,800 toe) form the same period of 2020, according to data centralized by the National Institute of Statistics (INS).During the mentioned period, Romania imported 440,600 toe of net coal, by 38,700 toe (9.6 pct) more y-o-y.The National Commission for Strategy and Forecast (CNSP) estimated a coal production of 3.020 million toe for 2021, up 9.9 pct from 2020, and imports of 370,000 toe, down 12.1 pct. For 2022, CNSP forecasts a production of 2.935 million toe, down 2.8 pct, and imports of 270,000 toe, down 27 pct.According to the National Energy Strategy, total coal output will decrease from 32 TWh in 2030 to 12 TWh in 2050, in a trend to reduce the share of coal in the energy mix (45 TWh, in 2020).For 2030, the results of Optimum Scenario modeling show that energy derived from coal will decrease slightly to 15.8 TWh, accounting for 20.6 percent of the energy mix.
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 […]
