The information provided by KomuniK
Romgaz Group recorded a consolidated net profit of RON 1.24 billion in Q1 2024, 28% higher than in the same period last year, according to data sent by the Bucharest Stock Exchange (BVB).According to the source, Romgaz reported a turnover of RON 2.27 billion, down 21.86% compared to the same period in 2023, as a result of a 6.68% decrease in gas volumes delivered, an 18.33% decrease in electricity production and a 9.1% reduction in revenues from warehousing and storage services.However, revenues from the sale of natural gas account for about 85% of the total turnover in Q1 2024, revenues from the sale of electricity - 4.8% and revenues from warehousing and services about 6%.The estimated national natural gas consumption for Q1 2024 was approximately 35.42 TWh, about 5.5% higher than in Q1 last year.According to the report, natural gas production recorded in Q1 2024 was 1.29 cubic metres, 4.39% higher compared to Q1 2023.The amount of electricity produced was 263.832 GWh in Q1, 18.33% lower than the similar period last year (323.04 GWh).According to the source, of the total consumption, about 5.21 TWh was covered by imported gas, and the difference of 35.42 TWh by domestic gas, to which Romgaz contributed with 13.69 TWh, which represents 33.69% of the national consumption and 38.65% of the consumption covered by domestic gas.
Romania’s Sheep Industry, Slaughterhouses and Dairy Processors Firmly Reject Mass Vaccination of Animals Industry leaders warn that unless the proposal is abandoned, Romania’s slaughterhouse sector could collapse and sheep’s milk will have to be imported. Romania risks losing billions of euros and devastating two key industries—slaughterhouses and dairy processing—if, instead......
BEACH, PLEASE! 2026 Keeps the Momentum Going: Day 1 Delivers Spectacular Performances and an Electrifying Atmosphere That Lasted Late into the Night Following the official opening of the NIBIRU resort and a spectacular start to its anniversary edition, Beach, Please! 2026 continued with an unforgettable first festival day marked by...
The Agroland Group (BVB: AG), which operates in the retail, agribusiness, food production, and animal nutrition sectors, reported solid operating results in the second quarter of 2026. The evolution was driven by accelerated growth in the egg production segment, the expansion of the Agribusiness division’s production capacity, and the positive performance of its retail network. […]
Romania’s population will reach 15.633 million people in 2080, compared with 19.043 million on January 1, 2025, according to the latest projections made by the National Institute of Statistics (INS), published on Friday on the occasion of World Population Day. The country’s resident population will therefore decrease by 3.41 million people, or -17.9%, by 2080. […]
Pepco Group N.V. – Third Quarter FY26 Trading Update On 3 June 2026, the Group announced that it had agreed the sale of its Dealz Poland business, completing its strategic exit from fast-moving consumer goods (FMCG) retail and creating a pure-play Pepco business. Accordingly, the highlights below focus on the Group......