OMV Petrom and ROMGAZ spud the first gas production well of Neptun Deep project

►Drilling starts in the Pelican South field ►The development concept of Neptun Deep includes ten production wells: four in the Pelican South field and...

Innovation and trained staff redefine the beauty industry. Aesthetic and cosmetic treatments of ” attainable luxury”, among the top preferences of Romanians

Bucharest, March 19, 2025 - RBJ - New technologies are radically changing the way we take care of our skin and body. From non-invasive...

Romanian Company OVES Enterprise Signs a Strategic Memorandum with British Company Overwatch Aerospace to Integrate Nemesis AI Technology into Advanced Military Drones

>>> Nemesis AI technology will enhance the performance of military drones produced by Overwatch Aerospace through advanced artificial intelligence solutions >>> The strategic collaboration reinforces...

Business opportunities for Romanian companies developing video games at the anniversary edition of Dev.Play, Bucharset on June 2 and 3 2025

>>> Developers from Amazon Games, Hazelight, Ubisoft and Funcom will take the Dev.Play stage Bucharest, March 10, 2025 - RBJ - Dev.Play, the Romanian and...

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...

Romania: Hunedoara Castle

Innovation and trained staff redefine the beauty industry. Aesthetic and cosmetic treatments of ” attainable luxury”, among the top preferences of Romanians

Bucharest, March 19, 2025 - RBJ - New technologies are radically changing the way we take care of our skin and body. From non-invasive...

Romanian Company OVES Enterprise Signs a Strategic Memorandum with British Company Overwatch Aerospace to Integrate Nemesis AI Technology into Advanced Military Drones

>>> Nemesis AI technology will enhance the performance of military drones produced by Overwatch Aerospace through advanced artificial intelligence solutions >>> The strategic collaboration reinforces...

Business opportunities for Romanian companies developing video games at the anniversary edition of Dev.Play, Bucharset on June 2 and 3 2025

>>> Developers from Amazon Games, Hazelight, Ubisoft and Funcom will take the Dev.Play stage Bucharest, March 10, 2025 - RBJ - Dev.Play, the Romanian and...

Transocean Barents oil rig departed Constanta port for the Black Sea to start gas drilling in the Neptun Deep perimeter

Bucharest, March 6, 2025 - RBJ - The Transocean Barents oil rig has departed from the port of Constanta/Romania for the Neptun Deep perimeter...

Cushman & Wakefield Echinox: Over 1 million square meters of new office space leased across Romania in the last 5 years, IT sector continues...

Bucharest, March 2025 - RBJ - IT companies, manufacturing & industry, and the medical & pharma sectors, have been the most active in the...

The Romanian company AQUILA expands its regional presence with the acquisition of KITAX Kft in Hungary

Bucharest, March 4, 2025 - RBJ - AQUILA (symbol AQ), one of the largest players in the fast-moving consumer goods (FMCG) distribution sector from...

Romania, along with France, is against the signing of the EU-Mercosur Free Trade Agreement

Bucharest, March 1, 2025 - RBJ - Romania opposes the free trade agreement with the countries of the Mercosur bloc, considering that it will...

Parapet, a Romanian company specialized in renewable energy, strengthens its European presence and opens a branch in Italy

>>> The new branch will be located in Bergamo, and operations in Italy will be carried out by an operational team coordinated by a...

Issue of the day

Transocean Barents oil rig departed Constanta port for the Black Sea to start gas drilling in the Neptun Deep perimeter

Bucharest, March 6, 2025 - RBJ - The Transocean Barents oil rig has departed from the port of Constanta/Romania for the Neptun Deep perimeter...

Cushman & Wakefield Echinox: Over 1 million square meters of new office space leased across Romania in the last 5 years, IT sector continues...

Bucharest, March 2025 - RBJ - IT companies, manufacturing & industry, and the medical & pharma sectors, have been the most active in the...

The Romanian company AQUILA expands its regional presence with the acquisition of KITAX Kft in Hungary

Bucharest, March 4, 2025 - RBJ - AQUILA (symbol AQ), one of the largest players in the fast-moving consumer goods (FMCG) distribution sector from...

Romania, along with France, is against the signing of the EU-Mercosur Free Trade Agreement

Bucharest, March 1, 2025 - RBJ - Romania opposes the free trade agreement with the countries of the Mercosur bloc, considering that it will...

Parapet, a Romanian company specialized in renewable energy, strengthens its European presence and opens a branch in Italy

>>> The new branch will be located in Bergamo, and operations in Italy will be carried out by an operational team coordinated by a...

ASI Alpaco relocates to Romania: a new hub for compact HPL washroom cubicles, lockers, and medical furniture for Europe

Bucharest, February 26, 2025 - RBJ - The Romanian company ASI Alpaco, representative for Europe and Great Britain of ASI Group, announces the opening...

Footprints AI attracts a €2.3 million investment led by Catalyst Romania to develop and expand the largest retail media network in CEE

Bucharest, February 25, 2025 - RBJ - Footprints AI, a Romanian technology company that develops and commercializes one of the most advanced retail-media and...

The Romanian Neptun Deep project in the Black Sea is progressing according to schedule. The Transocean Barents drilling platform will drill the 10 wells...

Bucharest, February 14, 2025 - RBJ - Representatives of the Romanian Government visited the Transocean Barents platform on Friday, which will drill for a...

National Bank of Romania decided to keep the monetary policy rate at 6.50 percent per annum

Bucharest, February 14, 2025 - RBJ - In its meeting of 14 February 2025, the Board of the National Bank of Romania decided the...

The first wax paper factory in Eastern Europe opens in Iasi, an innovative solution to reduce plastic consumption

Bucharest, February 13, 2025 - RBJ - Romania opens the first wax paper factory in Eastern Europe, on the Exonia industrial platform in Iasi,...

Klaus Iohannis, the first president in Romanian history to end his term by resigning, a shameful and undignified resignation

Bucharest, February 12, 2025 - RBJ - Today, Klaus Iohannis, the fourth president of the post-communist period of Romania, ended his term by resigning....



Markets

Romania’s trade deficit, the largest in the last 30 years

By Edwig Ban The lack of government incentives to promote exports and the negative effects of the Covid-19 pandemic have...

National Bank decisions on monetary policy: >>>to increase the monetary policy rate to 7.00 % from 6.75%; >>>to raise the lending (Lombard) facility...

By RBJ The annual inflation rate reached 16.76 percent in November 2022, i.e. above the forecast, after having fallen to...

NBR Board decisions on monetary policy. The monetary policy rate increases from 1.75% to 2.00% per annum

By rbj The Board of the National Bank of Romania, having convened for the meeting of 10 January 2022, decided:...

Bitcoin gains $3,000 in past week. This week could be pivotal in seeing if crypto has turned a corner and is moving out of...

Bucharest, October 23, 2023 - by Simon Peters, cryptoasset market analyst at eToro - Bitcoin saw significant gains over...

More than a third of traditional hedge funds now invest in digital assets, nearly double a year ago: PwC Global Crypto Hedge Fund Report...

By rbj Even with the tremendous volatility in the sector, there are many more traditional hedge funds investing in crypto...

History of the day: ICJ today began the hearings in the case of genocide charges against the Palestinians in Gaza that South Africa brings to Israel

Economy

Romania will end the year with economic growth of over 5%; government debt reaches 48% of GDP; in 2023 the minimum salary will be...

By RBJ Romania has the most stable economy in the region and will end the year with economic growth of over 5%, according to the...

The Romanian Neptun Deep project in the Black Sea is on schedule for the commissioning of the gas deposits in 2027

>>> Agreement signed for Transocean Barents drilling rig; >>> Halliburton Romania to provide integrated drilling services; >>> Drilling planned to start in 2025; first...

Petromidia, the largest oil refinery in Romania, was modernized with an investment of $85 million

Bucuresti, 13 mai 2024 - RBJ - Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated the processes of restarting the...

Bucuresti-Ilfov region, the richest in the EU. Poverty rate is the lowest in all of European Union

Bucharest, December 25, 2024 - RBJ - According to the latest Eurostat report, the poverty rate remains quite high in the European Union. In...

Business

The Romanian group TeraPlast continues its regional expansion and acquires 70% of Optiplast – the third largest flexible packaging manufacturer in Croatia

Zagreb, October 9, 2024 - RBJ - In a press release, the Romanian group TeraPlast announces the signing of a purchase agreement to acquire...

Bosch’s business in Romania is prospering, although it has insignificant investments on the local market

By Emea Riga The German group Bosch ended the fiscal year 2020 with consolidated sales amounting to almost 2.2 billion lei (448 million euros) in...

Huawei ban in Romania could cost economy EUR 2.56 bln

By Edwig Ban The pressure exerted by the Trump Administration to eliminate the Chinese company Huawei from the Romanian market can have a particularly costly...

MedLife, the largest integrator of medical, wellness and sports services in Romania, has acquired the SanoPass digital platform

By RBJ MedLife, the leader of the private medical services market in Romania, announces the acquisition of the majority package in the SanoPass digital platform...

Borsec, the strongest Romanian brand

Bucharest, September 29, 2023 - by rbj - Borsec is, once again, the strongest domestic brand, according to the Top 100 of the strongest...

MedLife Medical Group acquired 50% of the shares of Neolife Romania

By Emea Riga MedLife has completed the acquisition of 50% of the shares of Neolife Romania oncology centers, following its approval by the Competition Council....

Bilateral

Romania-Japan: collaboration for the construction of the High Power Optics Center in Măgurele, near Bucharest

Bucharest, December 17, 2024 - RBJ - Today, in the presence of Mr. Marcel Boloș, Acting Minister of Development, and H.E. Mr. Katae Takashi, Ambassador of Japan to Bucharest, the financing contract for the construction and equipment of the...

Chocolissimo Romania announces the doubling of sales in the last quarter of this year

Bucharest, December 13, 2023 - # rbj - Chocolissimo Romania, one of the main players on the corporate gift market, the premium chocolate segment,...

Romanian company FintechOS receives an investment of $ 14 million

By Jerom Bolt The Romanian start-up of automated financial technology FintechOS received a Series A investment worth $ 14 million. The financing round was led...

The brothers Raj and Alok Gupta, owners of African Industries Group, are expanding their multinational business in Romania

Bucharest, December 15, 2023 - # rbj - A dry news, without much significance, at first glance, issued by the Romanian Competition Council, shows...

23 years from the first trading on Bucharest Stock Exchange

By Edwig Ban The first trading session on BVB took place on November 20, 1995. 23 years ago, 6 companies were listed on BVB and...

Romania: Peles Castle (Peles National Museum) - Sinaia

https://en.peles.ro/

Mundus Vini, Germany: Romanian wines won 18 medals at the world competition

By RBJ Romanian wines won 18 medals at the Mundus Vini world competition in Germany, one of the most important worldwide, this year in its...

Bucharest to host the EU Cyber Security Center

By Jerom Bolt Bucharest will host the European Union's Cyber Center - the first EU structure in Romania, announced Foreign Minister Bogdan Aurescu. The European...

The Romanian startup Footprints AI was selected in two of the biggest business accelerators in the world: Plug and Play (USA) and Particle X...

Footprints AI, a Romanian company that operates one of the most advanced Retail Media platforms in the world, was selected in two of the...

Holmbergs Safety Systems will establish its production hub in Romania

By Emea Riga The Swedish group Holmbergs Safety Systems, one of the most important names in the field, with factories in Europe, Hong Kong, USA...

The wave of dissatisfaction is growing: the Romanian Business Chamber proposes the cancellation of partnerships with Austrian and Dutch banking institutions

By RBJ All companies with both Romanian capital and those with foreign capital, members of the Romanian Business Chamber (RBC) Association, started from 09.12.2022 the...

Allview launches the Soul X10 smartphone, at the MWC Barcelona, the first phone with integrated ChatGPT

By RBJ Barcelona, February 28th, 2023. Visual Fan SA, a company listed on the Bucharest Stock Exchange under the symbol ALW and the owner of...

Issue of the day

The ski season extends on most slopes in Romania, to the delight of many winter sports lovers

By Andra Beltz Although the calendar is spring, in the mountains it is winter in all respects. The new snow wave in March made the...

The Romanian Athenaeum (Ateneul Român) receives the European Heritage Mark from the Commission for the significant role played in the history and culture of...

Brussels, April 11, 2024 - RBJ - Today, April 11, the European Commission awarded the Romanian Athenaeum - Ateneul Român (photo) and 6 other...

Underground economy: Germany is the European champion in undeclared work. Was this the “engine” of economic growth in the most important country in the...

A report by the Institut der Deutschen Wirtschaft (The German Economic Institute) - IW, dated September 16, 2023, shows how corrupt the German economy...

The first Romanian appointed to lead the General Directorate of Communication of the EC

Brussels, December 4, 2023 - # rbj - Romanian Dana Spinanț, Ursula von der Leyen Commission Deputy Spokesperson and Director for Political Communication in...

Economy

Romanian aircraft IAR 99 for future F16 pilots

By Jerom Bolt The Craiova Aircraft Factory will upgrade 10 IAR 99 Soim aircraft to be trained by future F16 pilots. The PM, the Minister...

The Ford plant in Craiova starts manufacturing the new Ford Transit Courier and Tourneo Courier models

Bucharest, October 24, 2023 – by rbj (Source: Agerpres) - Ford Otosan, Ford Motor Company's global commercial vehicle center in Europe, has started production...

Randstad Romania HR Trends 2025 Study: Higher Salaries by 6-10% for Romanian Employees in 2025

Bucharest, February 7, 2025 - RBJ - Over 80% of employers in Romania plan to raise salaries in 2025, with most increases expected to...

Business opportunities for Romanian companies developing video games at the anniversary edition of Dev.Play, Bucharset on June 2 and 3 2025

>>> Developers from Amazon Games, Hazelight, Ubisoft and Funcom will take the Dev.Play stage Bucharest, March 10, 2025 - RBJ - Dev.Play, the Romanian and...

Transocean Barents oil rig departed Constanta port for the Black Sea to start gas drilling in the Neptun Deep perimeter

Bucharest, March 6, 2025 - RBJ - The Transocean Barents oil rig has departed from the port of Constanta/Romania for the Neptun Deep perimeter...

Cushman & Wakefield Echinox: Over 1 million square meters of new office space leased across Romania in the last 5 years, IT sector continues...

Bucharest, March 2025 - RBJ - IT companies, manufacturing & industry, and the medical & pharma sectors, have been the most active in the...

The Romanian company AQUILA expands its regional presence with the acquisition of KITAX Kft in Hungary

Bucharest, March 4, 2025 - RBJ - AQUILA (symbol AQ), one of the largest players in the fast-moving consumer goods (FMCG) distribution sector from...

Markets

Impetum Group: Significant step in supporting the Romanian business

By Constantin Radut The name impetum, granted to the group of companies Impetum Group, attracts its name from impetuosity, from the tumultuous manifestation of doing...

The Board of the National Bank of Romania decided to keep the monetary policy rate at 6.50 percent per annum

București, 4 octombrie 2024 - RBJ - În ședința din 4 octombrie 2024, Consiliul de Administrație al Băncii Naționale a României a hotărât următoarele: >>>...

eToro launches SpaceTech portfolio offering exposure to companies leading the space race

Bucharest, November 7, 2023 - # rbj - eToro, the trading and investment platform, has unveiled SpaceTech, a new portfolio that provides retail investors with...

NBR Governor: Romania does not rush with the of euro adoption

By Edwig Ban In its somewhat encrypted style, the Governor of the National Bank of Romania today stressed that our country will not enter the...