Romania's usable natural gas production in the first two months of 2025 was standing at 1.26 million tons of oil equivalent (toe), down 23,800 toe year-on-year, at minus 1.9%, according to data with the National Institute of Statistics (INS).On the other hand, in the first two months of this year, natural gas imports increased by 23% (plus 255,200 toe) year-on-year, to 462,700 toe.According to estimates of the country's by the National Board for Economic Strategy and Forecast (CNSP), natural gas production is expected to grow by 2027 at an average annual rate of 1.7%. Thus, in the latest Energy Balance Forecast, a natural gas production of 7.79 million toe (plus 1.5%) was estimated for 2025, a natural gas production of 7.907 million toe (plus 1.5%) for 2026 and a natural gas production of 8.176 million toe (plus 3.4%) for 2027.As for imports, a downward trend is expected at a more pronounced pace by 2027 (minus 6%), in line with the advance of production, through the commissioning of new capacities, and also taking into account transit to foreign markets continuing.CNSP is expecting 2025 natural gas imports of 2.211 million toe (-7.6%), 2026 imports of 2.150 million toe (-2.7%) and for 2027 imports of 2.022 million toe (-6%).
HILS Development has announced a EUR 200 million investment in a new large-scale mixed-use residential project in northern Bucharest, marking the company’s expansion into one of the capital’s most dynamic growth areas. The development, called HILS Nord, will span 10 hectares near Lake Șaulei and feature 2,705 apartments alongside green spaces, retail areas, and other […]
The “Dimitrie Gusti” National Village Museum in Bucharest is set to host the Saint Andrew Fair between November 29 and December 1, celebrating both the Day of Saint Andrew the Apostle, the Protector of Romania, and December 1, Romania’s National Day. The museum will set up small shops for skilled craftsmen who will bring traditional […]
The Japanese premium skincare brand Onshindo Osaka officially enters the Romanian market through its exclusive distributor, Pharma Brands, marking a new milestone in its European expansion strategy. Following its successful launch in Spain, the company aims to capitalize on the growing interest of Romanian consumers in premium skincare products with clinically proven efficacy and authentic […]
Honor appointed Kerr Cheng as the new country manager for Romania, placing him at the helm during a “key phase” of the brand’s expansion in Central and Eastern Europe. The company said Romania remains one of its most dynamic and strategically important markets in the region, and Cheng will be responsible for accelerating local growth […]
Romania has closed its participation in the 2025 Venice Architecture Biennale with the conclusion of Human Scale, the exhibition presented in the Romanian Pavilion at Giardini della Biennale and in the New Gallery of the Romanian Institute of Culture and Humanistic Research. Meanwhile, the project’s official catalogue has been made available to the public. The […]
The forests around the mountain city of Brașov and the Postăvaru Massif may be home to the largest densities of large owls in the world, according to a study by biologist Călin Vasile Hodor from Wildlife Management Consulting and professor Dan Traian Ionescu from the Faculty of Forestry Brașov, as quoted by BizBrasov.ro. The study […]
