Imports of energy resources decreased by 5.5% in 2023 compared to the previous year, while gross domestic energy consumption decreased by 3.5% and final energy consumption recorded a 3.2% decline, it shows provisional data published on Friday by the National Institute of Statistics (INS).According to the quoted source, at a general level, the total energy resources available in 2023 have decreased compared to those in 2022, up to 42 million tons of oil equivalent (toe), during which the primary energy production decreased by 1.5%.Also, more significant decreases in resources were recorded for imported coke (-49.5%), coal (-21.6%) and crude oil (-11.1%).On the other hand, the resources of imported petroleum products (+29.3%), hydroelectric, wind, solar photovoltaic and nuclear heat (+10.0%) and natural gas (+6%) increased.The INS data reveal the fact that, in 2023, primary energy production (21.918 million toe) decreased by 344,000 toe compared to the similar period in 2022, against the background of the decrease in coal and soot production. In contrast, the production of electricity from renewable sources increased by 437,000 tep (+21.8%) and the production of usable natural gas by 129,000 tep (+1.7%).Regarding the import of energy products, it decreased, in the analyzed period, by 5.5%, due to the decrease in imports of coal and coke (-49%), coal (-15.3%) and usable natural gas (-6.2%). At the opposite pole was the import of petroleum products, with a jump of 29.3%.From one year to another, in 2023, the final energy consumption, for the total economy, decreased by 3.2%, as a result of the activities in industry (-13.8%), for the population (-4.3%) and from agriculture and forestry (-2.7%). Consumption from transport and other branches of the economy increased by 3.9% and 3.8%, respectively.At the same time, in the total final energy consumption, transport consumption has the largest share (33.7%), followed by population consumption (32.5%) and industry consumption (21.3%).
Romania’s authorities are reportedly negotiating with Turkish company Desan Shipyard, which is pondering the option of taking over the activity of Damen Shipyards Mangalia, abandoned last year by its 49% strategic shareholder Damen and currently under insolvency, according to
Faster declines in orders and output fail to dampen future outlook Reduced demand for inputs sees inflationary pressures cool... ...and supplier performance improve for the first time on record The Romanian manufacturing downturn deepened in March, as firms signalled a deterioration across all elements of the headline PMI. New orders and output decreased at faster […]
Digital services revenue is estimated to rise by 44%, expanding from 34% to nearly half (49%) of companies revenue by 2029, according to a report compiled from IDC surveys across Europe, Asia-Pacific region (APAC), and the Middle East demanded by Endava (NYSE ‘DAVA’), a leading technology services company combining world-class engineering, industry expertise, and a […]
On Monday, March 31, a detachment of the Romanian Air Force called "Carpathian Vipers" began executing an enhanced air policing mission in Lithuania. The mission will last four months, between April and July 2025. The "Carpathian Vipers" detachment, consisting of approximately 100 military personnel and four F-16 Fighting Falcon aircraft, will carry out missions alongside […]
On Tuesday, April 1, controversial brothers and influencers Andrew and Tristan Tate left for Dubai after meeting with DIICOT prosecutors. Before they departed, the brothers mentioned that they would return to Romania within the legal period of two months, in accordance with the obligations of judicial control. "On April 1, 2025, Andrew Tate and Tristan […]
Wizz Air has officially opened its base at Bucharest Băneasa Airport, the capital’s secondary one, which will be served by an Airbus A321neo aircraft. An additional aircraft will also operate from Bucharest’s Henri Coandă Airport (Otopeni) from August 1, bringing the total number of aircraft based in Bucharest to 21 this summer, the carrier said. […]
