President Nicușor Dan used his National Day speech on Monday, December 1, to offer a blunt view of Romania, which he said is still “a corrupt country,” but noting that the situation has improved over the past 20 years. Speaking at the Cotroceni...
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.
President Nicușor Dan used his National Day speech on Monday, December 1, to offer a blunt view of Romania, which he said is still “a corrupt country,” but noting that the situation has improved over the past 20 years. Speaking at the Cotroceni...
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]