Romania's net coal production totaled, in the first nine months of this year, over 1.918 million tons of oil equivalent, being 16% lower (minus 366,700 toe) compared to the same period in 2022, according to the centralized data of the National Institute of Statistics (INS).In the mentioned period, Romania imported 166,700 toe of coal net, with 173,500 toe less (minus 51%) compared to the amount imported the previous year in the same period.According to the National Strategy and Forecasting Committee, Romania's coal production will decrease this year by 12.5%, up to 2.705 million toe, while imports will decrease by 40.3%, to 210,000 toe.In the latest forecast of energy balance, CNSP indicates that, until 2026, the dynamics of coal production and their import are expected to decrease, as other energy production capacities will be put into operation. Thus, in 2024, production will decrease 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), respectively by 4.5% (at 185,000 toe) and in 2026 by 10.2% (at 2.075 million toe), respectively by 2.5% (at 180,000 toe).
It's almost impossible to think about anything not related to elections this weekend but if you should need some distraction, there are options. Happening now is the European Film Festival, screening recent productions from the continent, very varied in theme, tone, and genre. The fest is playing Bucharest, Sfântu Gheorghe and Timișoara until Sunday and […]
Modernization work is ready to start at Bucharest’s Henri Coandă International Airport, also known as the Otopeni Airport, following an investment of over RON 112.4 million (some EUR 22 million) led by the National Company Bucharest Airports (CNAB), news agency Agerpres reported. The company...
Paris Hilton, who will be present at IntenCity Craiova, a festival organized this summer between June 26–29, sent a message to her fans in Romania. "I'm excited to perform at the IntenCity Festival on June 28. It's going to be so much fun! See you there," Paris Hilton told those who will come to Craiova. […]
AMAIS (Association for Alternative Methods of Social Integration) has officially launched the SeeYou mobile app, an innovative platform that connects visually impaired individuals with volunteer guides who can accompany them during everyday activities - from medical appointments or shopping to park strolls or cultural events. SeeYou is the first mobile app of its kind in […]
SAI Broker, a Romanian investment management company part of BRK Financial Group, listed a new ETF on the Regulated Market of the Bucharest Stock Exchange (BVB) on May 16, under the stock symbol BKBETETF. The ETF aims to fully replicate the structure of the main index, BET. The BET index reflects the evolution of the […]
An investment of over RON 1.26 billion, approximately EUR 254 million, is set to be made in the Port of Constanța, to increase maritime transport capacity and the volume of commercial exchanges. The funds will be used for the construction of a quay and the development of a port area covering 550,000 square meters. The […]
