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.
Romania registers one of the highest shares in Europe of people aged over 16 with disabilities who are at risk of poverty or social exclusion, according to Eurostat data processed by Monitorul Social, a project of Friedrich-Ebert-Stiftung Romania. A total of 38.4% of people with disabilities in the country were at risk of poverty or […]
New research by Revolut Business among 150 Romanian business decision-makers (CEOs, CFOs, and COOs) revealed that local companies prefer to invest their money in modernizing their IT infrastructure and automating outdated systems rather than in artificial intelligence. When asked where the largest budget increase will go this year, ‘modernizing IT infrastructure and cloud migration’ takes […]
Romania’s modern retail market surpassed the 5 million sqm threshold in 2025, following the delivery of around 190,000 sqm of new retail space, about 20% above the average of the past five years, according to an annual report by Colliers. Despite a more moderate economic backdrop, 2026 is expected to bring roughly 240,000 sqm of […]
Romanian business leaders remain optimistic for 2026, with 86% of C-suite executives surveyed in Forvis Mazars's C-suite barometer: outlook 2026 expecting growth. This is slightly below the 92% reported globally and down from 90% in 2025. While confidence is strong locally, Romanian executives are more cautious than their global peers, reflecting the region's economic and […]
As one of the largest economies in the world, Germany is without a doubt one of the best countries to do business in. Economic stability, excellent infrastructure, and trade cooperation with nations worldwide are some of the reasons to launch a company here; however, they are not the only ones. What makes Germany appealing for […]
One United Properties (BVB: ONE) recorded total residential sales and pre-sales of EUR 174.1 million in 2025, corresponding to 57,018 sqm of residential and commercial spaces. These results reflect the sale and pre-sale of 577 apartments and commercial units, as well as 768 parking spaces, and represent a 18% price increase. The 18% increase in […]
