Romania's gas imports in the first two months of 2022 stood at 500,400 tons of oil equivalent (toe), up 16.9 percent YoY, show figures centralized by the National Institute of Statistics (INS).The domestic gas production over January - February 2022 amounted to 1.174 million toe, 6 percent (75,600 toe) less than in the first two months of 2021.According to estimates by the National Strategy and Forecast Commission, Romania's natural gas production this year will amount to 7.45 million toe and imports are seen at 2.33 million toe, up 1.9 percent and 19.6 percent down from 2021, respectively.According to the "2019 - 2030 Energy Strategy With Outlook to 2050" published on the website of the Energy Ministry, Romania's natural gas production will peak at 132 TWh in 2025 due to the Black Sea production, and will subsequently decrease to 96 TWh in 2030 and 65 TWh in 2050.The final natural gas consumption will keep constant between 2030 and 2050 at 68 TWh, with demand seen at an estimated high around 73 TWh, while the low is set to progressively decline from 63 TWh in 2030 to 47 TWh in 2050.
Investment: 125 million euros to establish STIHL’s European Competence Center for the production of battery packs and battery-powered tools Scale: 47,000 square meters facility on a 147,000 square meters site — capacity of up to 1.8 million battery packs and 1.7 million tools by 2028 Employment: Approximately 700 jobs to be created by 2028 Network: Romania […]
A report published on Wednesday, October 15, by the Council of Europe’s Committee for the Prevention of Torture (or CPT) urges Romanian authorities to address serious shortcomings in the treatment and conditions of detention of patients in forensic psychiatric hospitals. The deficiencies in the Romanian system were identified by the Committee representatives during a visit […]
The state-owned Electrica (BVB: EL), one of the main players in Romania’s energy sector, completed the Satu Mare 2 photovoltaic park, a strategic project that marks an important step in diversifying the production portfolio. Located near the commune of Botiz, Satu Mare County, the park has an installed capacity of 27.056 MW and represents an […]
More than 100 items, ranging from frescoes and paintings to sculptures, photographs, and other rare artifacts from Italian museums, will go on display in Timișoara for an exhibition looking at the city of Pompeii. Titled The Fragility of the Eternal. From Pompeii to the Grand Tour to Today, the exhibition will be open from November […]
Robotics startup Dexory, founded in London by Romanians Andrei Dănescu, Adrian Negoiţă, and Oana Jinga, has secured new Series C funding of USD 165 million, according to an announcement made on LinkedIn and quoted by Ziarul Financiar. The company has developed an autonomous robot, the tallest in the world, reaching 16 meters, and a platform designed […]
NEPI Rockcastle, Central and Eastern Europe’s largest owner and operator of shopping centers, has inaugurated its first photovoltaic park in Chișineu-Criș, Arad county, in western Romania. The investment is part of its green energy programme, which includes a EUR 110 million plan for photovoltaic projects across Central and Eastern Europe. According to the company, these […]
