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.
Radisson Blu Hotel, Bucharest, Romania’s largest five-star hospitality complex and a flagship property within the Radisson Hotels portfolio, has been recognized with multiple international and national awards, underscoring its continued commitment to excellence, innovation, and guest satisfaction. At the 32nd Annual World Travel Awards – Europe Gala Ceremony, held in Sardinia, Italy, Radisson Blu Hotel, […]
The public is invited to discover a spectacular festive concept inspired by the charm of the Victorian era Corinthia Grand Hotel du Boulevard will officially start the winter holiday season, lighting up Bucharest’s first Christmas decorations on 24 November at 7:00 PM, symbolically marking the opening scene of the city’s festive celebrations. The hotel transforms into […]
The office building of the former tire manufacturer Banloc-Goodrich in central Bucharest will be demolished for the construction of the Holocaust Museum, Profit.ro reported. The investment, valued at EUR 54.2 million, is partly covered by the EU-backed Recovery and Resilience...
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of 236.3 million euros in the first nine months of 2025, up 13% year-on-year (YoY), and a gross profit of 84.8 million euros, up 20% YoY, while the net profit stood at 70.3 million euros, up […]
Famed Romanian composer Horia Moculescu died on Wednesday, November 12, at the age of 88. The composer, pianist, and performer was born on March 18, 1937, in Râmnicu-Vâlcea. At the age of six, he learned to play the accordion. He attended secondary school in Turda at the Boys’ High School (now the “Mihai Viteazul” National […]
Romanians shift priorities: Health, Culture, and Hobbies take the lead, while Fashion and Home&Deco lose ground to low-cost non-EU commerce Black Friday 2025 marks a turning point for Romanian eCommerce. After two years of stagnation, the day recorded a +10% increase in the number of transactions, while the overall campaign week saw a +20% rise […]
