Romania experienced robust economic growth between 2016 and 2021, resulting in a substantial reduction in poverty; the poverty rate ($6.85/day PPP) dropped by 14.7 percentage points to 7.1 percent, according to a recent World Bank report.
Romania’s unemployment rate stood at 5.3% in November 2024, lower by 0.1 percentage point than 5.4% recorded in October 2024, data from the country’s statistics institute INS show on Wednesday (January 8, 2025).
Premier Energy, one of the largest natural gas suppliers in Romania has successfully finalized the development and construction of a 10 MW photovoltaic power plan close to Cismichioi locality of the Republic of Moldova, at a total cost of around EUR380,000 per MW of capacity.