Romania's net coal production over January - May 2024 amounted to 858,700 million tons of oil equivalent (toe), 20.9 percent down (-203,800 toe) from the same period of 2023, according to data released by the National Institute of Statistics (INS).In the reporting period Romania imported 87,100 toe of net coal, by 18,800 toe (-17.8 percent) less y-o-y.The National Strategy and Projection Commission (CNSP) indicates that by 2026 the dynamics of coal production and imports are expected to decrease as other energy production facilities are put into operation.Thus, in 2024, production should decrease by 6.7 percent (to 2.525 million toe) and imports by an equal 6.7 percent (to 195,000 toe); in 2025 by 8.6 percent (to 2.31 million toe) and by 4.5 percent (to 185,000 toe), respectively; and in 2026 by 10.2 percent (to 2,075 million toe), and by 2.5 percent (to 180,000 toe), respectively.
The investment includes the modernization of the production unit in Crevedia and the launch of PIUA, Maidan’s first premium spreadable product range, responding to the growing demand in the ready-to-eat market. Maidan, a company active in corporate and private event catering, industrial catering and the development of its own gastronomic products, announces a total investment […]
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated […]
Unanimously adopted, the Nordis Law marks a decisive moment for Romania’s residential market. It introduces a set of rules designed to protect buyers, hold developers accountable, and reduce speculative risks, with a strong focus on transparency and stability. Under the new legislation, the reservation fee cannot exceed 5% of the property value, reservation contracts cannot […]
Via Dobrogeana, a planned trail covering the southeastern part of the country, aims to offer travelers the opportunity to explore the region's cultural and ethnic diversity. The trail will be about 850 km long, stretching from the 17th-century Sfânta Precista Monastery in Galați to Ialomița County. Via Dobrogeana will be a mixed route. In addition […]
Police and prosecutors carried out 25 searches in Romania and Italy on Tuesday, November 18, aiming to dismantle a group made up of four families, who allegedly sexually exploited, mainly in Italy, more than 30 victims. After the searches, 19 people were detained, and two others were placed under judicial control for forming an organized […]
Deep Purple, one of the most important rock bands in the world, is set to return to Romania for a concert on October 1, 2026, at the BT Arena in Cluj-Napoca. A giant in global rock, Deep Purple is one of the most appreciated bands in the world. The group boasts five decades of chart-topping […]
