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%).
Romanian director Radu Jude has won the Silver Bear for Best Screenplay for Kontinental '25 at this year's Berlin International Film Festival/ Berlinale. Kontinental '25 is Jude’s third film awarded in Berlinale’s main competition, after Aferim!, which earned...
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023. The total value of real estate transactions reached EUR 146 million in 2024. There were 114 transactions in January 2025, double the number in January 2024. With a total of almost 1,300 real estate transactions, North Bucharest Investments […]
Forvis Mazars Group, the international audit, tax and advisory services partnership, releases today its annual CEE M&A report, prepared in association with Mergermarket. It reveals that dealmaking in the CEE region suffered a decline in overall deal value, although a marginal rise in deal volume shows the market’s underlying robustness. The Investing in CEE: Inbound […]
With a total of almost 1,300 real estate transactions, North Bucharest Investments (NBI) managed to triple its sales volume compared to 2023, and the total value of transactions reached €146 million in 2024. This amount reflects an increase of 133% compared to the previous year and consolidates the company's leading position on the real estate […]
French president Emmanuel Macron said that Russia manipulated elections in Romania and that the cancellation of last year's presidential elections did not shock him as a result of that intervention. Macron made the comments during a session of questions from users on social media regarding the situation in Ukraine. Over one hour, he...
Romania’s Ministry of Education released the latest edition of the National Metaranking, identifying the top universities in the country. The ranking has undergone minor changes compared to last year’s edition or the last independent metaranking published in the fall by academic experts. The Transilvania University of Brașov has entered the top 5 universities in Romania, […]
