Romania's primary energy resources over January 1 - May 31, 2024 were 5 percent down year-over-year, with the country's main primary energy resources in the reporting period amounting to 12.801 million toe, by 669,800 toe less compared to the year-ago period, shows data released by the National Institute of Statistics (INS) on Monday.The country's electricity resources were 2.4 percent down from the same period of 2023.The domestic energy output amounted to 7.248 million toe, down by 347,700 toe (-4.6 percent) from the year-ago period, and imports stood at 5.553 million toe (-5.5 percent).Electricity resources over the reporting period totaled 27.855 billion kWh, by 697.1 million kWh less compared to the same period last year.The output of thermal power plants was of 7 billion kWh, down by 501.9 million kWh (-6.7 pct). The hydropower output stood at 7.245 billion kWh, down by 1.791 billion kWh (-19.8 pct) year-over-year, and that of the Cernavoda nuclear power plant was 4.677 billion kWh, up by 57.4 million kWh (+1.2 pct).The wind power output in the first five months of the year stood at 3.063 billion kWh, by 583.9 million kWh less compared to the same period of the previous year, and the photovoltaic energy produced in the reporting period amounted to 1.217 billion kWh, by 444.1 million kWh more compared to the same period of 2023.The final electricity consumption in this period was of 20.656 billion kWh, by 0.3 percent lower year-over-year, while the final electricity consumption dipped 0.1 percent.Public lighting consumption was 4.9 percent lower, while household consumption slid 0.4 percent.Electricity exports in the reporting period stood at 4.941 billion kWh, by 541.7 million kWh less year-over-year, while the own technological consumption in networks and transformer stations was 2.259 billion kWh, by 103.4 million kWh less.
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, […]
