Romania's net gas imports in H1 2024 amounted to 834,800 million tons of oil equivalent (toe), 19.9 percent up (+138,800 toe) from the same period of the previous year, shows data released on Thursday by the National Institute of Statistics (INS).The domestic production of natural gas in the reporting period totaled 3.8 million toe, up 1.3 percent (+48,600 toe) year-over-year.According to estimates by the National Economic Strategy and Forecasting Board (CNSP), Romania's natural gas production will rise at an average annual rate of 1.7 percent over 2024 - 2027, after going up 1.4 percent in 2023.In its latest Energy Balance Forecast, CNSP predicts a 0.6 percent increase in Romania's gas production to 7.675 million toe in 2024, with the upward trend set to continue by an advance of 1.5 percent in both 2025 and 2026 (to 7.79 million toe and 7,907 toe, respectively), and of 3.4 percent (to 8.176 million toe) in 2026.Natural gas imports are projected to grow by more than 10 percent in 2024 and then switch to a downward trend that will speed up at the horizon of 2027 (-6 percent), in step with the advance of production as new capacities will be commissioned, but also as a result of the steady transit to foreign markets.Thus, imports are estimated to reach 2.392 million toe in 2024 (+11.1 percent), 2.211 million toe (-7.6 percent) in 2025, 2.150 million toe (-2.7 percent) in 2026, and 2.022 million toe (-6 percent) in 2027.
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of 162.3 million euros in the first half of 2025, up 15% year-on-year (YoY), and a gross profit of 59.8 million euros, up 12% YoY, while the net profit stood at 49.6 million euros, up 8% […]
The Romanian government adopted on Thursday, August 28, the ordinance by which the annual road vignette for cars increases from EUR 28 to EUR 50. At the same time, fines will be doubled starting the second week of September, Biziday.ro reported. The provisions of this ordinance shall enter into force within 10 days from the date […]
Ricky Martin will perform in Bucharest on December 16 as part of his Ricky Martin Live 2025 world tour, bringing his high-energy show to Romexpo Hall. The international superstar, known for fusing Latin rhythms with pop and global influences, is set to deliver a vibrant performance in Romania, according to the organizers. During the Bucharest […]
Romania’s famous George Enescu International Festival is set to expand in 2025 across the country and in the Republic of Moldova. Alongside the main program held in the capital, in emblematic halls such as the Romanian Athenaeum, the Radio Hall, the Bucharest National Opera, the Bucharest National Theatre, and others, the Enescu Festival reaches over […]
Three Turkish citizens, including the alleged coordinator of recent shootings in Bucharest's Old Town, have been detained by Romanian police while attempting to leave the country. The three were stopped near the Nădlac border crossing, located in western Romania, after police set up several checkpoints...
The Romanian frigate ‘Regina Maria’ has departed from the Black Sea port of Constanța to take command of NATO’s Operation Sea Guardian for the second time in five years, the Naval Forces announced. The NATO task group will also include a Croatian naval vessel, an Italian submarine, and a Portuguese Air Force aircraft. The Romanian […]
