Romania's usable natural gas production in the first four months of 2025 was over 2.532 million tonnes of oil equivalent (toe), 36,800 toe less than in the same period last year (down 1.4%), according to data centralised by the National Institute of Statistics (INS).On the other hand, in the January-April 2025 period, natural gas imports increased by 72.5% (an additional 358,000 toe) compared to the same period the previous year, reaching 851,700 tonnes of oil equivalent.According to estimates from the National Commission for Strategy and Forecasting (CNSP), natural gas production is expected to grow at an average annual rate of 1.7% until 2027. Thus, in the latest Energy Balance Forecast, for 2025 a natural gas production of 7.79 million toe is estimated (up 1.5%), for 2026 - 7.907 million toe (up 1.5%), and for 2027 - a production of 8.176 million toe (up 3.4%).As for imports, a downward trend is expected, with a more significant decrease by 2027 (down 6%), in line with the increase in domestic production, as new production capacities come online, while also maintaining transit to external markets.CNSP estimates for 2025 imports of 2.211 million toe (down 7.6%), for 2026 - 2.150 million toe (down 2.7%), and for 2027 - 2.022 million toe (down 6%).
Beyond Business School, founded by serial entrepreneurs Andra Ghibuțiu and Grégoire Vigroux, today announced the launch of the 3rd edition of its executive program in Bucharest. Designed for ambitious professionals ready to accelerate their careers, the program combines internationally accredited courses, hands-on business training, and direct access...
The sound of jazz will once again fill Oradea this November as the ORA Jazz Festival returns for its sixth edition, bringing together artists from across Europe and beyond. The festival will take place between November 14 and 16 at the Oradea State Philharmonic and the Sion Neolog Synagogue. This year’s edition features performers from […]
Allianz-Țiriac Asigurări announces the appointment of Codruța Furtună, currently Sales and Distribution Director, as Deputy Chief Executive Officer. The nomination has been approved by the Financial Supervisory Authority (ASF) and will be registered with the National Trade Register Office. Codruța Furtună will continue to oversee the Sales and Distribution area in Allianz-Țiriac, playing a key […]
Join us in this enlightening episode of Voices of Romania, where host Dylan Delhommois sits down with the inspiring Calin Matei, the CEO of Groupama Asigurări Romania. Together, they explore the evolution of leadership during uncertain times, focusing on the critical elements of trust, adaptability, and the power of personal connections. Calin takes us on […]
The volume of new retail projects completed in Romania during the first nine months of 2025 has already exceeded the total recorded for the entire previous year, according to data from Cushman & Wakefield Echinox’s ‘Romania Retail Marketbeat Q3 2025’ report. According to the real estate consultancy company, 2025 is shaping up to be the […]
This autumn has marked an extraordinary chapter for InterContinental Athénée Palace Hotel, as the iconic Bucharest landmark has been recognized with three major international distinctions that reaffirm its position among Europe’s most refined destinations. At the World Travel Awards 2025, InterContinental Athénée Palace proudly received the title of “Romania’s Leading Hotel”, a recognition that celebrates […]
