Romania will need, at the level of the years 2027-2028, 4-5 billion cubic meters of gas in addition to the production from the Black Sea, gas that will come from imports and from the LNG terminals in the Black Sea, declared, on Monday, the general director of Transgaz, Ion Sterian. “I tell you, somewhere in 4-5 years, in line with the decline in domestic production, both at OMV Petrom and at Romgaz, which is a natural decline – today Romania’s production is somewhere around 9 billion cubic meters of gas – neither the gases from the Black Sea, about 8 billion cubic meters, will not satisfy Romania’s needs”, said Sterian at the “Romanian Energy Symposium – SIREN 2023”, organized by the Romanian National Committee of the World Energy Council (CNR-CME). He explained that, currently, gas consumption is 10-11 billion cubic meters, and through the new gas connections of some localities, another 3-4 billion cubic meters will be added. Also, with the gas consumption of the Mintia plant, of 2.5 billion cubic meters, with the Iernut plant, when the works will be completed, with a consumption of about 1 billion cubic meters, and another 1, 5 billion cubic meters in Isalnita and Turceni, we will approach 20 billion cubic meters of consumption. The general director of Transgaz also emphasized that in this estimate, the fact that Azomures or Alro Slatina could resume their activity at any time, but also other investments “which are big consumers of gas” must be taken into account.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
