Romania's net coal production totaled, in the first three months of this year, 511,600 tonnes of oil equivalent, by 11.6% lower (minus 66,900 toe) compared to the same period in 2023, according to data centralized by the National Institute of Statistics (INS).Net coal imports reached, in the mentioned period, 52,000 toe, higher by 13,700 toe (plus 35.8pct) compared to January-March 2023.In the last forecast of the energy balance, the National Strategy and Forecast Commission indicated that, until 2026, the dynamics of the coal production and imports are expected to decrease, as other energy production facilities will be put into operation.Thus, in 2024, production will decrease by 6.7pct (down to 2.525 million toe) and imports by 6.7pct (down to 195,000 toe), in 2025 by 8.6pct (down to 2.31 million toe), respectively by 4.5pct (down to 185,000 toe), and in 2026 by 10.2pct (down to 2.075 million toe), respectively by 2.5pct (down to 180,000 toe).
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]