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.
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
