The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.

The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.
The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia, Lithuania.

Thursday, 29 January 2015

The Mining Industry in Romania


According to FRD Center analysis, the mining industry is an important industrial sector in Romania. It actively supports the country’s economic development by providing a variety of mineral products.

Romania has deposits of lignite, pit coal, hard coal, anthracite, gold and silver ore, poly-metallic ore, copper, salt and non-metallic substances. The country has exploitable lignite mineral resources of approximately 3.3 billion tonnes and exploitable pit coal mineral resources of some 600 million tonnes.

In the first nine months of 2014, the turnover in the mining and quarrying industry in Romania has increased by 7.6% compared to the similar period of 2013.

According to NIS, the production in the Romanian mining sector in 2013 has recorded the following volumes:

  • mined coal: approx. 26 million tonnes
  • mined lignite: approx. 24 million tonnes
  • mined hard coal: approx. 1.9 million tonnes

CE Oltenia (Oltenia Energy Complex) is the leader on the Romanian lignite market, ensuring 95% of the domestic lignite production.

Controlled by the Ministry of Economy, CE Oltenia is specialised in the lignite extraction and the production of electricity and heat based on lignite. It has recorded a lignite production of approximately 23 million tonnes in 2013. CE Oltenia has recorded the net turnover of 600 million EUR in 2013, up by 20% compared to 2012.

In the past three years, CE Oltenia has made environmental investments of over 300 million EUR. For the next period, CE Oltenia plans to rehabilitate and modernise its mining equipment.

The imports of the self-propelled coal or rock cutters and tunnelling machinery in Romania have recorded approximately 200 thousand EUR in 2013, up by some 23% compared to 2012.

In 2013, the Romanian imports of other self-propelled boring or sinking machinery have registered over 2.5 million EUR and the imports of other boring or sinking machinery approximately 4 million EUR.

Currently a good number of mine pits are undergoing a process of land filling and reclamation after being closed. During the last years, approximately 550 mines have been closed in Romania. At present, many mines are interested in using modern technology for removing hazardous materials and recovering valuable recyclable materials - one example is CE Hunedoara (Hunedoara Energy Complex), specialised in the pit coal extraction.

Should you be interested in detailed market research or market opportunities assessment, feel free to contact our team at:
email: europa@frdcenter.ro
tel: +4021 411 1459/60/61

FRD Center provides market research in Eastern Europe and the region, B2B matchmaking in the CE Europe and SEE, M&A assistance in Romania, in CEE and SEE, in the Emerging Markets in Europe.

No comments:

Post a Comment

Note: only a member of this blog may post a comment.