Nuclearelectrica Romania and Framatome are exploring the possibility of producing the medical isotope Lutetium-177 at the Cernavodă nuclear power plant. Lutetium-177 is used for...

Bucharest, November 30, 2023 - # rbj (Source: Agerpres) - SN Nuclearelectrica SA and Framatome announced the signing of a cooperation agreement to explore...

The Romanian manufacturer of Dacia presented the Dacia Duster 3, which will be exhibited at the Geneva Motor Show

Pitesti/Romania, November 29, 2023 - # rbj - The Dacia/Renault company presented today the third generation of the Duster model. The car will be...

Elbit from Israel and the Romanian company Romarm signed the cooperation agreement for the production of 155 mm mobile howitzers in Romania

Bucharest, November 29, 2023 - # rbj - Israelis from Elbit Systems Ltd. (Elbit Systems) and Romarm, through its subsidiary Uzina Automecanica Moreni (UAM),...

Romanian Startup among the best in Central and Southeast Europe at BASF Innovation Hub Competition

Bucharest, November 29, 2023 - # rbj - Romanian startup Peelhy won the regional phase of pitch competition for sustainable future, organized for Central...

Tech & Innovation

TARA Interactive, a Romanian software company, to expand its client portfolio in the US and Europe

The Romanian software development company TARA Interactive aims to increase the number of employees in Bucharest and Chisinau by...

The Romanian manufacturer of Dacia presented the Dacia Duster 3, which will be exhibited at the Geneva Motor Show

Pitesti/Romania, November 29, 2023 - # rbj - The Dacia/Renault company presented today the third generation of the Duster model. The car will be...

Elbit from Israel and the Romanian company Romarm signed the cooperation agreement for the production of 155 mm mobile howitzers in Romania

Bucharest, November 29, 2023 - # rbj - Israelis from Elbit Systems Ltd. (Elbit Systems) and Romarm, through its subsidiary Uzina Automecanica Moreni (UAM),...

Romanian Startup among the best in Central and Southeast Europe at BASF Innovation Hub Competition

Bucharest, November 29, 2023 - # rbj - Romanian startup Peelhy won the regional phase of pitch competition for sustainable future, organized for Central...

DOUGLAS celebrates Romanian entrepreneurial spirit and success by promoting local brands in the ROBrands project

Bucharest, November 28, 2023 - # rbj - DOUGLAS Romania continues its mission of supporting Romanian brands and local producers within the ROBrands project,...

OVES Enterprise launches Hyper Drone, the first demining drone produced by a Romanian company and among the few in the world at the moment

Cluj-Napoca, November 27, 2023 - # rbj - OVES Enterprise, a Romanian software development company that has recently entered a new business line focusing...

The Romanian company Quantum Project is buying the share package of Telekom Romania Mobile Communications from Deutsche Telekom

Bucharest, November 22, 2023 - # rbj - Quantum Project, a project company controlled by the Romanian entrepreneur Adrian Tomşa, announces that it has...

PepsiCo Announces Agriculture Accelerator Projects to Scale Sustainable Innovation and Accelerate Regenerative Agriculture. Romania, among the countries involved in this global project

Purchase, NY, November 21, 2023 - # rbj - PepsiCo (NASDAQ: PEP) today announced the third year of its global agriculture program, the Positive...

The Christmas tree from Craiova/Romania is the most beautiful in Europe, ahead of those in London, Vienna, Budapest, Prague, Innsbruck

Craiova/Romania, November 21, 2023 - # rbj (Source: Agerpres) - The municipality of Craiova was designated, this year, by a tourism promotion platform, as...

Issue of the day

DOUGLAS celebrates Romanian entrepreneurial spirit and success by promoting local brands in the ROBrands project

Bucharest, November 28, 2023 - # rbj - DOUGLAS Romania continues its mission of supporting Romanian brands and local producers within the ROBrands project,...

OVES Enterprise launches Hyper Drone, the first demining drone produced by a Romanian company and among the few in the world at the moment

Cluj-Napoca, November 27, 2023 - # rbj - OVES Enterprise, a Romanian software development company that has recently entered a new business line focusing...

The Romanian company Quantum Project is buying the share package of Telekom Romania Mobile Communications from Deutsche Telekom

Bucharest, November 22, 2023 - # rbj - Quantum Project, a project company controlled by the Romanian entrepreneur Adrian Tomşa, announces that it has...

PepsiCo Announces Agriculture Accelerator Projects to Scale Sustainable Innovation and Accelerate Regenerative Agriculture. Romania, among the countries involved in this global project

Purchase, NY, November 21, 2023 - # rbj - PepsiCo (NASDAQ: PEP) today announced the third year of its global agriculture program, the Positive...

The Christmas tree from Craiova/Romania is the most beautiful in Europe, ahead of those in London, Vienna, Budapest, Prague, Innsbruck

Craiova/Romania, November 21, 2023 - # rbj (Source: Agerpres) - The municipality of Craiova was designated, this year, by a tourism promotion platform, as...

MoU between Azerbaijan, Georgia, Romania and Hungary for the construction of an electric power cable, within the “Green Corridor” project

Bucharest, November 21, 2023 - # rbj - On November 21, the Minister of Energy, Sebastian-Ioan Burduja, participated in the ministerial meeting of the...

Romanian startups 3D Printing Hub and Peelhy qualified among top 5 regional solutions of BASF Innovation Hub

Bucharest, November 21, 2023 - # rbj - Romanian startups 3D Printing Hub and Peelhy qualified among top 5 regional solutions of BASF Innovation...

The Bucharest Stock Exchange the only European stock exchange in Top 5 global IPOs unfolded so far this year

Bucharest, November 21, 2023 - # rbj - The international competition among stock exchanges to attract new issuers has intensified this year. The initial...

How was the Romanian people and language born? From the Daco-Roman wars and from the charm and beauty of Dacian women

Bucharest, 18.11.2023 - # rbj - I was very affected when a French publication did an "investigation" regarding the closest foreign languages in relation...

The Romanian company Aerostar SA chosen by Lockheed Martin for the maintenance of the F-16 fleet in Romania and the region

Bacau, Romania, November. 17, 2023 - # rbj - Derco, a Lockheed Martin Company, signed an agreement with Aerostar S.A. to repair landing gear,...

The wind of recession is blowing strongly at the borders of the EU. Germany, the tired engine of the European bloc, caught a bad...

Bucharest, November 16, 2023 - # rbj - In the third quarter of 2023, seasonally adjusted GDP decreased by 0.1% in the euro area...



Markets

FDI up 9.74% January through October 2018

By Andra Beltz The Foreign Direct Investments increased by 9.74 percent January through October this year compared with the same...

Poland and Hungary are facing a sharp depreciation of national currencies

By rbj Earlier this month, almost all Central and Eastern European states were hit by the effects of the war...

The National Bank of Romania decided to increase the monetary policy rate to 3.75 percent per annum, from 3.00 percent per annum

By rbj As a result of the internal and European economic conjuncture, the Board of the National Bank of Romania,...

The Central Bank of Romania has decided to increase the monetary policy rate to 6.75% from 6.25% of 9 November 2022

By RBJ In the meeting held today, based on the currently available data and assessments, as well as in light...

The Governor of the National Bank of Romania: inflation in 2022 will be approximately 13.9%, and in 2023, 7.5%. Economic growth will be 2-3%

By rbj The National Bank of Romania (BNR) increased the inflation forecast for the end of this year to 13.9%...
- Advertisement -

Economy

An incorrect Pole and an inept bureaucrat undermine the interests and efforts of Romanian farmers

By RBJ The war in Ukraine affects not only the country's economic budget, burdened by military purchases, but also the progress efforts of Romanian farmers. As...

Romanian Chemical Company, the revival of the petrochemical industry in Romania

By Jerom Bolt "Oltchim S.A. informs shareholders that the asset sale agreement with Oltchim S.A. has been completed. Borzeşti, by fully transferring the transaction price...

Romanian company Oltchim will build the first capacity to produce hydrogen energy

By Andra Beltz A hydrogen energy production capacity will be built on the Oltchim Râmnicu Vâlcea platform, following an investment of between 500 million and...

Interagro cooperates with the American Nitron group on the chemical fertilizer market for agriculture

By Edwig Ban The agro-industrial group Interagro announced on Monday that it is developing, in partnership with the American group Nitron, an investment of approximately...

Business

Cushman & Wakefield Echinox: demand for logistics and industrial spaces at maximum levels in Romania

By RBJ The demand for logistics and industrial spaces is close to registering a new record in 2022, a matter which is reflected in the...

Volume of real estate investments in Romania will almost double in 2020, to over 1.1 billion euros (study)

By Andra Beltz The volume of real estate investments in Romania will exceed 1.1 billion euros, in 2020, more than 700 million euros out of...

MSG Sphere in Las Vegas, the largest LED screen in the world now in the portfolio of Romanians from Blindspot

Bucharest, August 10, 2023 - Blindspot, the innovative platform connecting over 500,000 digital screens worldwide, announces the listing of MSG Sphere in Las Vegas,...

The regulatory authority in communications has launched the tender for the implementation of 5G in Romania

By RBJ The Communications Regulatory Authority (ANCOM) announces that it has launched the radio spectrum tender for electronic communications services of the new generation 5G. "Today...

Romanian food retail exceeds 22bn euro in 2018

By Andra Beltz The turnover of the Romanian food trade will exceed this year the record level of 100 billion lei (over 22bn euro), according...

DentalVerse by Dr.Leahu, the first dentistry platform digitalizing the relationship with the patient

By RBJ Dr.Leahu Dental Clinics, the leader on dentistry market in Romania, launches DentalVerse, the first local mobile app to digitalize the patient’s interaction with...

Bilateral

Romania-South Korea: a dynamic strategic partnership, the predominant economic component

By RBJ In these days at the end of December 2022, the President of the Romanian Parliament, together with the Prime Minister of Romania, identified ways to boost the partnership between the two states. The President of the Chamber of Deputies,...

Romania to build two more 700 MW nuclear reactors for electricity; in 2031, the power installed at CNE Cernavoda will be almost 3 GW

By RBJ On Monday, the government adopted the draft law on the approval of the signing of the Support Agreement between the Romanian State and...

Romania’s GDP maintains its high growth rate: 5% in the first 9 months and 4.7% in Q3 2022/Q3 2021

By RBJ Romania's economy rose, in the first nine months of the current year, by 5% on the gross series and by 4.3% on the...

The implementation of 5G technology in Romania begins. The state will earn over 500 million euros. Huawei will be eliminated from the competition

By Emea Riga Starc4Sys is the first provider to receive the approval of the Supreme Council of National Defense (CSAT) for the use of technologies,...

Hidroelectrica SA, the largest IPO in Europe and the third in the world this year, is a test for the Bucharest Stock Exchange (BVB)

Bucharest, Romania, July 12, 2023 - "Hidroelectrica" S.A., the main electricity producer in Romania, with a production portfolio 100% from renewable sources and one...
- Advertisement -

SN Nuclearelectrica SA and the FALCON Consortium develops the 4th generation Falcon reactor, ALFRED

By Emea Riga On October 03, 2019, SNN and the FALCON Consortium (Ansaldo Nucleare, ENEA and ICN) signed a Memorandum of Understanding (« MoU »)...

Romania’s GDP growth in the EU’s leading platoon in Q1 2022. Forecasts are contradicted by reality

By Jerom Bolt The signal estimates published today by Eurostat announce a different reality than the estimates of the IMF, the World Bank or the...

NBR BOARD DECISIONS ON MONETARY POLICY. THE MONETARY POLICY RATE TO 1.75 PERCENT PER ANNUM, FROM 1.50 PERCENT PER ANNUM

By rbj The Board of the National Bank of Romania, having convened for the meeting of 9 November 2021, decided: >>> to increase the monetary...

Mastercard to bring crypto trading capabilities to banks

By RBJ Mastercard today introduces Crypto SourceTM, a new program to enable financial institutions to bring secure crypto trading capabilities and services to their customers. The...

OMV Petrom signs agreement to transfer 40 fields to Dacian Petroleum S.R.L.

By Edwig Ban OMV Petrom S.A., the largest energy company in South-Eastern Europe, reached an agreement for the transfer of 40 onshore oil and gas...

SeedBlink and Doorway team up to bring top-tier European tech startups and scale-ups to investors

Bucharest, Rome, May 8th, 2023. SeedBlink, the tech-specialized venture investment platform, and Doorway, the Italian leading fintech for online equity investing, have entered a...

Issue of the day

Trump wants apartheid status in the Middle East

By rbj The Middle East peace plan proposed by US President Donald Trump will lead to an apartheid state, the Arab League's secretary general, Ahmed...

The wind of recession is blowing strongly at the borders of the EU. Germany, the tired engine of the European bloc, caught a bad...

Bucharest, November 16, 2023 - # rbj - In the third quarter of 2023, seasonally adjusted GDP decreased by 0.1% in the euro area...

Lockheed Martin To Partner With Multiple European Companies On F-16 Training Center In Romania

Fetesti, Romania, November 13, 2023 - # rbj - The first European F-16 Training Center was inaugurated on Monday, Nov. 13, at the Fetești Air...

Americans, dissatisfied with their country, emigrate to Europe, the “bella vita” continent

By rbj More and more Americans are moving to Europe, pushed across the Atlantic by the rising cost of living in the US, inflated house...

Economy

Record production of wheat and sunflower in Romania

By Andra Beltz Romania obtains this year a wheat production of over 11.33 million tons, being the largest harvest since the country's accession to the...

The Romanian group TeraPlast will develop a production unit in Hungary

By rbj The management of the Romanian company TeraPlast approved the establishment of a company in Hungary, according to a report submitted to the Bucharest...

Pressure for recognition Naval Group and Constanta Shipyard (SNC) the winners of the corvette tender in Romania

By Constantin Radut At the Constanta event, where one of the newest Shipyard ships was launched, the President of the Chamber of Commerce and Industry...

Romanian Startup among the best in Central and Southeast Europe at BASF Innovation Hub Competition

Bucharest, November 29, 2023 - # rbj - Romanian startup Peelhy won the regional phase of pitch competition for sustainable future, organized for Central...

DOUGLAS celebrates Romanian entrepreneurial spirit and success by promoting local brands in the ROBrands project

Bucharest, November 28, 2023 - # rbj - DOUGLAS Romania continues its mission of supporting Romanian brands and local producers within the ROBrands project,...

OVES Enterprise launches Hyper Drone, the first demining drone produced by a Romanian company and among the few in the world at the moment

Cluj-Napoca, November 27, 2023 - # rbj - OVES Enterprise, a Romanian software development company that has recently entered a new business line focusing...

The Romanian company Quantum Project is buying the share package of Telekom Romania Mobile Communications from Deutsche Telekom

Bucharest, November 22, 2023 - # rbj - Quantum Project, a project company controlled by the Romanian entrepreneur Adrian Tomşa, announces that it has...

Markets

Romania has one of the lowest taxation rates in the EU and lowest taxes on income and wealth (4.9%)

By R. Constantin Today, Eurostat released a report on Taxation in 2018. Eurostat shows that at the EU level, the taxation increased slightly from 40.2%...

Standard & Poor’s confirmed Romania’s rating at “BBB- / A-3” and maintained negative outlook

By Jerom Bolt Standard & Poor's (S&P) on Friday confirmed Romania's rating at "BBB- / A-3" for long-term and short-term debt in foreign currency and...

The annual inflation rate was 15.5% in February, from 15.1% in January

By RBJ The annual inflation rate increased to 15.5% in February 2023, from 15.1% in January 2023, in the conditions in which food goods rose...

Frightened by rising inflation to 8.2% in December, the central bank decided to increase the monetary policy rate to 2.50%

The Board of the National Bank of Romania, having convened for the meeting of 9 February 2022, decided: -to increase the monetary policy rate to...