Romania's coal production exceeded 1.924 million tonnes of oil equivalent (toe) in 2024, 14.2% lower (minus 319,700 toe) than in 2023, according to data centralized by the National Institute of Statistics (INS).Imports of coal amounted to 195,600 toe in the mentioned period, down by 1,900 toe (minus 1%) compared to the previous year.Both the dynamics of coal production and imports are expected to decrease until 2027, as other energy production capacities will be put into operation, and will decrease by 11.4% and 24.5%, respectively, according to the latest Energy Balance Forecast published by the National Commission for Strategy and Prognosis (CNSP.Thus, according to CNSP, coal production was estimated for 2024 at 1.92 million toe, down by 17.3% from the previous year,1.718 million toe in 2025 (minus 10.5%), 1.555 million toe in 2026 (minus 9.5%), and 1.432 million toe in 2027 (minus 7.9%).Imports are estimated to decline in 2024 by 15.4% compared to 2023, reaching 206,000 toe, in 2025 by 20.5% to 164,000 toe, in 2026 by 26.3% to 121,000 toe, and in 2027 by 34.4% to 79,000 toe.
Romania has one of the lowest levels of property taxation in the European Union, with annual payments averaging under EUR 100 per person - more than seven times below the EU average, real estate consultancy Cushman & Wakefield Echinox said in an analysis based on Eurostat data. The study found that Romania collects property tax […]
The City Hall is set to hold a series of events dedicated to the Bucharest Days celebration on the weekend of September 20-21, including open-air concerts, theater performances, film screenings, exhibitions, and guided tours. The event starts with "Open Streets - Bucharest. Urban Promenade," which will bring to life this anniversary weekend on Calea Victoriei […]
A Romanian Air Force C-130 Hercules aircraft evacuated 10 Palestinian patients from Gaza on Wednesday, September 17, in a humanitarian mission coordinated with European and international partners, Romania’s Department for Emergency Situations (DSU) said. The patients, accompanied by 28 relatives, were flown from Israel’s Ilan and Asaf Ramon International Airport to Bucharest’s 90th Airlift Base […]
Romanian developer One United Properties (BVB: ONE) has signed a memorandum of understanding (MOU) with lifestyle hospitality company Ennismore to open a hotel under the brand The Hoxton in Bucharest. The Hoxton Bucharest will be located on Academiei Street, close to the University of Architecture. The hotel will rise on the site of three historic […]
Fewer than three out of four Romanians have a good opinion about the introduction of voluntary military service, a ratio slightly lower compared to a decade ago in 2015, the percentage being now lower among the AUR and PSD electorate, according to an ISCOP Research survey published on September 17 in the context of Russia […]
Romanian president Nicusor Dan informed the Parliament that he approved a request by the United States to bring additional forces to Mihail Kogalnicanu base at the Black Sea, in light of the rising tensions in the Middle East, according to
