Final electricity consumption in Romania in the first 11 months of 2024 was 46.029 billion kWh, 1.8% higher than in the period January 1 - November 30, 2023, with the final commercial electricity consumption increasing by 1.5%, household consumption by 3.2%, while public lighting decreased by 4.7%, according to data published on Thursday by the National Institute of Statistics (INS).Primary energy sources decreased by 0.4% in the first 11 months of 2024, and electricity sources increased by 0.2%, y-o-y. Thus, the main primary energy sources totalled 29.777 million tonnes of oil equivalent (toe), down129,900 toe y-o-y.Domestic production amounted to 15.477 million toe, down 765,300 toe (-4.7%) as against January 1 - November 30, 2023, and imports amounted to 14.299 million toe, up 635,400 toe (+4.7%).Electricity sources amounted to 60.242 billion kWh, up118.9 million kWh y-o-y.Thermal power plants generated 15.728 billion kWh, down 248.7 million kWh (-1.6%).Hydropower plants generated 13.410 billion kWh, down 3.739 billion kWh (-21.8%), and nuclear power plants produced 9.892 billion kWh, down 284.5 million kWh (-2.8%).Between January 1 and November 30, 2024, wind power plants generated 5.613 billion kWh, down 1.318 billion kWh y-o-y, and the solar energy produced in photovoltaic installations was 3.369 billion kWh, up 1.224 billion kWh y-o-y.Electricity exports amounted to 9.860 billion kWh, down 566.4 million kWh.Technological self-consumption in networks and stations was 4.353 billion kWh, down 136.1 million kWh.
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
