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.
TeraPlast Group recorded a 34% increase in revenue in 2024, reaching RON 897.9 million, compared to RON 672.3 million in 2023. This growth is generated by an increase in sold volumes, the launch of operations at the Opal stretch film factory, and the consolidation of results from companies acquired in 2024. EBITDA remained at a […]
The construction of the Cluj-Napoca subway began on Tuesday, February 25, with the consolidation work on the hill located in the area of station 2 in the Florești suburb. Once completed, the subway in Cluj-Napoca will be Romania's second, after the one in Bucharest. It will be 21 km long and include 19 stations. The current […]
Electric services group Hidroelectrica, the largest company on the Bucharest Stock Exchange (BVB), reported a net profit of RON 4.1 billion in 2024, down 35%, and revenues of RON 9.1 billion, 25% lower than in 2023, according to financial data published on Wednesday, February 26. Hidroelectrica said its results were influenced by the decline in […]
Medisprof Cancer Center has received approval for the Zonal Urban Plan (PUZ) for its new integrated oncology hospital in Cluj-Napoca, marking another step in the project estimated at a total of EUR 22 million. The approval paves the way for the construction phase, which is expected to begin in 2026 and take 24 months to […]
Romania’s High Court of Cassation and Justice has definitively rejected far-right politician Călin Georgescu's appeal, through which he requested the suspension of the declassified documents that served as the basis for the annulment of the presidential elections in December 2024. The lawsuit was filed at the Bucharest Court of Appeal by the Association for the […]
Update: Prime minister Marcel Ciolacu had his first reaction after Călin Georgescu was brought in for questioning at the Prosecutor's Office. He said that, given the tense electoral context, judicial bodies are obligated to present solid and impeccable evidence in the investigation that also involves a potential candidate in the May elections. He also reiterated […]
