Hydrocarbon production of Romania's largest oil and gas producer, OMV Petrom, fell by 7.2% y/y in Q2, of which gas production fell by 6.4% y/y. Even though total gas sales decreased from 50 to 47 thousand boe/day, those to third parties increased from 6.53 TWh in the same quarter last year to 8 TWh.
OMV Petrom extracted 102.2 thousand barrels of oil equivalent per day (boe/d) in the second quarter of the year, of which 53.8 thousand boe/d was gas and 48.4 thousand boe/d...
American rapper Wiz Khalifa has been sentenced to nine months in prison by the Constanța Court of Appeal for possession of drugs for personal use, after smoking a cannabis cigarette on stage at the Beach, Please! festival in Costinești in 2024. The ruling, delivered on Thursday, December 18, is final,
More than 2 out of 3 Romanian consumers do not return for a second purchase, according to the new Customer Loyalty Index, a comprehensive analysis based on aggregated data from campaigns and authored by White Image, the oldest email marketing company in Romania. The Index analyzes the post-purchase behavior of Romanian consumers and highlights major […]
Fashion retailer Primark announced major plans to expand its presence in Romania, confirming four new store openings for 2026. This will double its presence in the market and create over 450 new jobs. The announcement arrived at an important moment for the company, which marked three years since the opening of its first Romanian store […]
Romania’s National Road Investment Company (CNIR) awarded on Tuesday, December 16, the contract for the design and construction of the Bacău–Piatra Neamț express road to a Romanian–Bulgarian consortium. The value of the contract is RON 5.17 billion (some EUR 1 billion), excluding VAT, and its signing will take place if no appeals are filed. The […]
Romania will host its first mixed team European Judo Championship in 2027, according to the Romanian Judo Federation. The competition will take place at a key moment in the Olympic cycle, when the points earned will directly influence world rankings and qualification for the Olympic Games, according to FR Judo. The event will...
Radu Miruță, currently Romania’s economy minister, was proposed to lead the Defense Ministry. He will also hold the position of deputy prime minister. In his place, senator Irineu Darău has been proposed to take the helm of the Economy Ministry. The Defense and Economy Ministries are handled by the center-right reformist party Save Romania Union […]
