Primary energy resources decreased in the first ten months of 2023 by 1.8pct, and those of electrical energy increased by 1.8pct, compared to the same period in 2022, the National Institute of Statistics announced on Thursday.The main primary energy resources, during the period January 1 - October 31, 2023, totaled 27.561 million tons of oil equivalent (toe), down by 491,200 toe compared to the same period of the previous year.Domestic production amounted to 14.990 million toe, an increase of 22,000 toe (+0.1pct) compared to the period January 1 - October 31, 2022, and the import was 12.571 million toe, a decrease of 513,200 toe (-3, 9pct).In this period, electricity resources were 53.984 billion kWh, an increase of 933.5 million kWh compared to the corresponding period of 2022.Production from thermal power plants was 14.232 billion kWh, down by 3.333 billion kWh (-19.0%). Production from hydropower plants was 15.934 billion kWh, up by 4.042 billion kWh (+34.0pct), and that from nuclear-electric power plants was 9.310 billion kWh, up by 239.1 million kWh ( +2.6pct).The production from wind power plants, ten months into 2023, was 6.194 billion kWh, an increase of 367.4 million kWh compared to the same period of the previous year, and the solar energy produced in photovoltaic installations in this period of was 1.533 billion kWh, down by 123.4 million kWh compared to the corresponding period of 2022.The final consumption of electricity in this period was 40.493 billion kWh, 6.3pct lower than the corresponding period of 2022, while the final consumption of electricity in the economy decreased by 4.9pct; public lighting decreased by 21.1pct, and population consumption dipped by 9.8pct.The export of electricity was 9.439 billion kWh, an increase of 3.751 billion kWh.Own technological consumption in networks and stations was 4.052 billion kWh, down by 107.2 million kWh.
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 […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
