Final electricity consumption totaled 43.203 billion kWh in the first ten months of this year, down 6.4% compared to the corresponding period of 2021, whereas in economy, it declined by decreased by 5.6%, informs the National Institute of Statistics (INS), in a press release.Public lighting decreased by 0.7%, and population consumption went down by 8.8%. Own technological consumption in networks and stations was 4.159 billion kWh, down by 251.6 million kWh.The export of electricity was 5.688 billion kWh, an increase of 691.8 million kWh.Between January 1 and October 31, 2022, primary energy resources decreased by 0.8%, and electricity resources went down by 4.5% compared to the same period in 2021.The main primary energy resources totaled 27.607 million tonnes of oil equivalent (toe), down by 218,100 toe compared to the same period of the previous year.Domestic production amounted to 14.635 million toe, down by 643.700 toe (-4.2%) compared to the first ten months of last year, and imports stood at 12.972 million toe, up by 425.600 toe (+3.4%) .In this period, electricity resources were 53.051 billion kWh, down 2.491 billion kWh compared to the corresponding period of 2021.Production from thermal power plants was 17.565 billion kWh, down by 429.2 million kWh (-2.4%). Production from hydropower plants was 11.891 billion kWh, down by 3.245 billion kWh (-21.4%), and that from nuclear power plants was 9.071 billion kWh, down by 172.4 million kWh (-1.9%).Wind power output totaled 5.827 billion kWh, an increase of 674.5 million kWh compared to the same period of the previous year, and the solar energy produced in photovoltaic installations in this period was 1.657 billion kWh, an increase of 75.4 million kWh compared to the corresponding period of 2021.
Wizz Air will add a route connecting Brașov, in central Romania, to Katowice, in Poland, beginning next year, the Brașov International Airport announced. The route will become operational on March 31, 2026, with flights operating every Tuesday, Thursday, and Saturday. In the upcoming winter season, the airline will operate seven routes to five countries from […]
IT Genetics, a company specializing in digitalizing services, aims to have its shares tradable at the Bucharest Stock Exchange by the end of this year, with the amount to be raised estimated at approximately EUR 2 million. The ITG group will be listed, not just IT Genetics, which is nevertheless the main pillar of the […]
Romania’s current transport minister, the Social Democrat Ciprian Șerban, offered bribes to representatives of a forest district in Iași County as a young businessman in 2012, according to recently surfaced documents and recordings. Șerban gave bribes at least six times before reporting the offense to the National Anticorruption Directorate. He did so only after being […]
David Popovici has won the gold medal in the 100-meter freestyle final at the World Championships in Singapore. It is his second win at the event, after the gold medal in the 200-meter freestyle race two days ago. The Romanian swimmer finished the race with a time of 46.51 seconds, ahead of Jack Alexy, who […]
PPF Real Estate, a global developer and investor with a real estate portfolio exceeding EUR 2 billion, announces the completion of infrastructure works for ARC, its new state-of-the-art office project in the Basarab area. The construction progresses on schedule. Reaching ground level marks, a key milestone in the development timeline. The project is moving forward […]
BRD Groupe Societe Generale, the fifth largest bank in Romania by assets, registered a net profit of RON 764 million (EUR 150 million), up 10% compared to the same period in 2024. The net loan portfolio, including leasing financing, increased by 17.4% during the mentioned period, marking a significant growth in corporate lending by 23.8% […]
