Primary energy production decreased 4.7% in the first half of this year, reaching approximately 8.14 million tonnes of oil equivalent (toe), while imports rose 12.5%, to nearly 8 million toe, according to data the National Institute of Statistics (INS) published on Tuesday.The main primary energy resources totalled 16.13 million toe, up 3.1% compared to the same period last year. Crude oil resources increased 19.1%, reaching 5.6 million toe (almost 1.3 million toe produced domestically and 4.4 million toe imported). Natural gas resources rose 7.9%, to 5 million toe (3.7 million toe production and 1.3 million toe import). Resources from hydroelectric, wind, solar, nuclear heat and imported electricity grew 3.3%, to 3 million toe (2.3 million toe domestic production and 806,000 toe imports), while imported petroleum products decreased to around 1.5 million toe (down 31.3%).Electricity resources amounted to 34.25 billion kWh, an increase of over 1 billion kWh compared to January-June 2024.Electricity production from thermal power plants was 8.16 billion kWh, down 2.2%; from hydroelectric plants, it was 6.35 billion kWh, down 26.4%; and from nuclear power plants, it was 5.13 billion kWh, down 1%.Electricity generated from wind farms exceeded 3 billion kWh, a decrease of 12%, while solar energy produced from photovoltaic installations during this period reached 2.22 billion kWh, an increase of 33.6%.Final electricity consumption in the first six months of the year was 24.87 billion kWh, 0.5% higher than the same period last year. Final electricity consumption in the economy fell 0.9%, household consumption rose 5.3%, while public lighting registered a decrease of 7.6%. Technological consumption in transmission and distribution networks was 2.48 billion kWh, down 3.9%.Electricity exports amounted to 6.9 billion kWh, an increase of 17.5%.
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
Romanian airline AnimaWings is considering incorporating Buy Now, Pay Later options in its travel offers, similar to the ones already popular in the retail sector, Profit.ro reported. The new ticket financing strategy would be a first in the local aviation market. “It is not yet practiced...
Renowned Romanian author Mircea Cărtărescu will tour the United Kingdom from November 18 to 20 to mark the publication of the English edition of his novel Blinding: The Left Wing, released by Penguin Books. The volume, translated by Sean Cotter, is the first part of Cărtărescu’s acclaimed Blinding trilogy. The tour, organized by Penguin Books […]
Ahold Delhaize, the owner of the local supermarket chains Mega Image and Profi, has appointed Xavier Piesvaux as country manager for Romania beginning January 1, 2025. Piesvaux, who was brand president of Mega Image from 2006 to 2015, will return to the country, where he will oversee the expansion of the company’s local brands Mega […]
Timișoara, Bucharest, and Cluj-Napoca occupy the top three positions in the “Perfect City 2026” ranking conducted by the Bucureștiul Meu website. The study, which analyzed the quality of life in 17 Romanian municipalities, took into account seven criteria: infrastructure, the medical system, air quality, access to nature, cultural activities, relative salary, and the financial index. […]
