In the first two months of 2024, Romania produced 449,400 tonnes of oil equivalent (toe) of crude oil, down 13,400 toe (-2.9%) y-o-y, according to data with the National Institute of Statistics (INS).Imports of crude oil amounted to 1.395 million toe during the same period, up 59,200 toe y-o-y.According to the latest Energy Balance Forecast published by the National Board on Economic Strategy and Forecasts (CNSP), Romania's crude oil production will be on a downward trajectory until 2026, by an average annual rate of -2.2% as a result of the natural decline of deposits and the maintenance of existing production utilities.Thus, in 2024, production should be 2.98 million toe (-2.3% y-oy), in 2025 2.91 million toe (-2.3%) and in 2026 2.855 million toe (-2%).On the other hand, CNSP is expecting imports to increase in the same period by an average annual rate of 4.1%.For 2024, imports of 9.65 million toe (+4.7%), for 2025 of 10 million toe (+3.6%), and for 2026 of 10.3 million toe (+3%) are estimated in the latest Energy Balance Forecast.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
