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 gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
