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 number of people in Romania at risk of poverty stood at 3.59 million people in 2024, 375,000 fewer than in 2023, representing a 9.4% decrease, according to data from the National Institute of Statistics, or INS. Despite the improvement, nearly one in five Romanians was affected by poverty last year. According to INS, 19% […]
The European Public Prosecutor’s Office (EPPO) in Cluj-Napoca carried out multiple searches on Tuesday, July 1, at the Sibiu International Airport and the Sibiu County Council as part of an investigation into suspected fraud involving a EUR 54 million EU-funded infrastructure project. A total of 24 locations were searched across Bucharest, Brașov, and Sibiu county, […]
A Romanian taxi driver who scammed 90-year-old Nigerian Nobel Prize laureate Wole Soyinka was detained by police on Sunday, June 29, according to media reports. On Friday, June 27, the venerable Nigerian arrived at Bucharest's Otopeni Airport. He got into a taxi and asked to be taken to a hotel downtown. At the destination, the […]
Costin Șerban, a Romanian entrepreneur, is digitalizing the construction sector in the United Kingdom with an ERP (enterprise resource planning) solution developed over 12 years and an investment of GBP 1.6 million (EUR 1.86 million). Șerban’s cloud-based ERP platform is called Abilo, was developed by the Romanian IT company Obi Systems, and is dedicated to […]
Border checks between Bulgaria and Romania have officially been lifted on July 1, as part of the implementation of the Schengen Agreement. The lifting marks the end of the transitional period of heightened control at the internal border, which had remained in place for six months following their accession to the Schengen area by land […]
Remus Vulpescu became CEO of the Bucharest Stock Exchange (BVB) on Tuesday, July 1, taking over from Adrian Tănase as the stock exchange grapples with a market dominated by government bonds. Vulpescu, 53, is a graduate in political and legal sciences from the University of Bucharest and holder of an EMBA obtained in 2017. He […]
