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.
One United Properties, the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated to improving […]
The investment includes the modernization of the production unit in Crevedia and the launch of PIUA, Maidan’s first premium spreadable product range, responding to the growing demand in the ready-to-eat market. Maidan, a company active in corporate and private event catering, industrial catering and the development of its own gastronomic products, announces a total investment […]
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated […]
Unanimously adopted, the Nordis Law marks a decisive moment for Romania’s residential market. It introduces a set of rules designed to protect buyers, hold developers accountable, and reduce speculative risks, with a strong focus on transparency and stability. Under the new legislation, the reservation fee cannot exceed 5% of the property value, reservation contracts cannot […]
Via Dobrogeana, a planned trail covering the southeastern part of the country, aims to offer travelers the opportunity to explore the region's cultural and ethnic diversity. The trail will be about 850 km long, stretching from the 17th-century Sfânta Precista Monastery in Galați to Ialomița County. Via Dobrogeana will be a mixed route. In addition […]
Police and prosecutors carried out 25 searches in Romania and Italy on Tuesday, November 18, aiming to dismantle a group made up of four families, who allegedly sexually exploited, mainly in Italy, more than 30 victims. After the searches, 19 people were detained, and two others were placed under judicial control for forming an organized […]
