domestic consumption

In 2018, economic activity in the CEE region continued its solid expansion that started in 2017. This was especially the case for Poland, Hungary and Latvia, recording GDP growth rates close to 5%. Other countries experienced a weaker pace…

Romania has ranked eighth among the top ten beer producers in the European Union last year, according to the latest report on the European beer sector released by "Europe Brewers" organization this month. Therefore, boasting a production…

Romanian Employers in Milling, Bread and Flavor Industry (Rompan) President, Aurel Popescu, says the price of bread will increase this month, due to higher expenses for the producers of milling and bakery. “The price of raw material is…

The Ministry of Energy has taken into account the drafting of the Winter Programme, including pessimistic scenarios with bad weather and consumption increases, so that the current fuel stocks are much higher than the estimated needs, Energy…

Romania's natural gas output will steadily increase over the next three years to 9 million tons of oil equivalent (toe) in 2020, while imports will drop steadily to 700,000 tep in the same year, Commission for Economic Forecasting (CNP)…

The national production of electricity could no longer cover the country’s consumption Monday morning, so that Romania is forced to import more energy, according to data in real time provided by Transelectrica on the website. Thus, at…

The price of natural gas imported from the Russian Federation stood at RON 87.35 per MWh in October, up by 14 percent compared to the price of domestic natural gas production on the centralised market, RON 76.06 per MWh respectively,…

Romania's energy resources will reach next year to 43.3 million tons of oil equivalent (toe), increasing by 1.6 percent compared to the current year, according to Energy Balance Prognosis published by the National Commission for Economic…

Romania's economic performance in the first quarter of this year was better than expected, marking a growth of 4.2 percent. Although it is unlikely that this pace to be sustained throughout the year, the outlook for 2015 remains quite…