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.
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
