Romania's primary energy resources increased by 10.8% in the first seven months of the current year, compared to the similar period in 2020, and those of electricity increased by 10.6%, according to data released by the National Institute of Statistics (INS) on Monday.The final electricity consumption stood at 32.459 billion kWh, in the same reference period, 7% higher, and public lighting decreased by 3.1%, while the consumption of the population increased by 8%.According to the official statistics, between January and July 2021, the main primary energy resources totaled 19.752 million tonnes of oil equivalent (toe), increasing by 1.935 million toe, compared to the same period last year.In this context, domestic production amounted to 10.908 million toe, 490,700 toe more than in the first seven months of 2020, and imports amounted to 8.845 million toe.According to the INS, compared to the reference period, the electricity resources were of 40.275 billion kWh, up 3.859 billion kWh.At the same time, the production from thermal power plants stood at 12.630 billion kWh, up 1.472 billion kWh (+ 13.2%).Also, the production from hydropower plants increased by 31.6%, up to 12.049 billion kWh, and that from nuclear power plants was 6.249 billion kWh, down 224.6 million kWh (-3.5%).INS show that the production from wind power plants, between January 1 and July 31, 2021, was 3.781 billion kWh, down 479.6 million kWh compared to the same period last year, while solar energy produced in photovoltaic installations was 1.09 billion kWh, down 0.5 million kWh.At the level of exports, the amount of exported electricity was 4.414 billion kWh, up 1.519 billion kWh.At the same time, its own technological consumption in networks and stations was 3.402 billion kWh, with 202.2 million kWh above the value recorded in the first seven months of 2020.
More than 85% of Romanians believe the country will face economic difficulties in the near future, with concern particularly high among voters of the Alliance for the Union of Romanians (AUR) and adults aged 30 to 59, according to the latest INSCOP Research Barometer published on June 13 and consulted by Adevarul. ...
A limited agreement on the structure of the fiscal plan was reached among the four parties negotiating for a ruling majority in Romania, but there was little consensus on specific measures to support the plan on the revenue side, such as higher tax rates. The deadlock is total when it comes to the prime minister […]
The wage share in Romania (the share of the gross value added disbursed as total labour compensation) reached 45.6% in Romania in the 12 months to March 2025, according to data published by the statistics office INS. The dynamics of the wage share reflect how much the real wages have increased above labour productivity during […]
Bulgarian insurance company DallBogg will suspend its operations, including the issuance of mandatory motor third-party liability (RCA) policies, in Romania and other European markets starting July 1, 2025, due to unresolved claims and failure to meet obligations to policyholders, Romania's Financial Supervisory Authority (ASF) announced on June 13. DallBogg entered the Romanian RCA market in […]
If the competition authority approves the takeover, Romanian courier company Sameday will most likely become the market leader in terms of turnover in 2025 after the takeover of Cargus, according to calculations from Economedia.ro. ...
It remains to be seen if policy effectiveness will improve in Romania, given a fragmented legislature and increased social polarisation highlighted by the presidential elections, Fitch Rating agency writes in a post-elections update that doesn’t seem to capture the latest developments on the government formation. The fiscal plan currently under negotiations among parties to form […]
