The net production of coal of Romania was, as a total, over the first six months of the year, 1.5 million tons equivalent oil, being 14.2% (248,300 toe) lower than the similar period of 2022, according to the data centralized by the National Institute for Statistics (INS).During the mentioned period, Romania imported 147,200 toe coal with 180, 20 toe (55.6%) less than the quantity imported last year during the same period.According to the National Commission for Strategy and Prognosis, the coal production of Romania will drop this year by 12.5% down to 2.705 million toe, while imports will diminish by 40.3% at 210,000 toe.In its latest energy balance forecast, the CNSP reports that, by 2026, coal production and imports are expected to decrease as more power generation capacity comes on stream. Thus, in 2024 production will fall 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) and 4.5% (to 185 000 toe) respectively and in 2026 by 10.2% (to 2.075 million toe) and 2.5% (to 180 000 toe) respectively.
Real estate developer Globalworth has begun construction on Green Court D, the fourth building in its Green Court office complex in Bucharest’s Aurel Vlaicu area. Scheduled for completion in 2027, the project is now in its preliminary phase, which includes enclosure works and excavation for the basement structure, the company said. The new building will […]
Romania’s National Committee for Emergency Situations decided to distribute drinking water from the state reserves to 13 localities in the counties of Prahova and Dâmboviţa. The area was severely impacted by a drop in water levels at the Paltinu Dam, leading to problems in the water distribution system and affecting over 100,000 people, local hospitals, […]
Rock star Marilyn Manson will return to Romania next summer to perform at Rockstadt Extreme Fest, organizers announced on Tuesday, December 2. He is among the headliners confirmed for the local rock and metal festival, which will take place from July 27 to 31 in Ghimbav, Brașov county. “For the first time ever, Marilyn Manson […]
Romania’s government has assumed responsibility in Parliament for legislation reforming magistrates’ pensions, prime minister Ilie Bolojan announced on December 2. He said the draft law had received the opinion of the High Court of Cassation and Justice, noting that the court’s assessment was negative. It is the government’s second attempt to have the bill promulgated, […]
Romania Education Alliance (REA), the first private school network in the country, announced it has exceeded the milestone of 1,000 students enrolled across its member schools just one year after launch. "The fact that we surpassed 1,000 students in our very first year of activity shows that the REA model addresses a real need in […]
Genesis College, one of the largest private educational institutions in Romania, announced the regulatory approval of the transaction through which the investment firm Mozaik Investments becomes its majority shareholder. The transaction, signed at the end of July, received all necessary approvals from the Competition Council on November 25, and, formally, the entire investment procedure is […]
