The Romanian Business Journal | – for your business in Romania

EconomyMarch 25, 20250

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...

BusinessMarch 19, 20250

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...

IT & CMarch 17, 20250

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...

IT & CMarch 10, 20250

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

IT & CApril 12, 20230

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...

Business

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

March 19, 2025 0

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

IT & C

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

March 17, 2025 0

IT & C

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

March 10, 2025 0

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

Economy

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

March 6, 2025 0

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

Business

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

March 6, 2025 0

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

Business

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

March 4, 2025 0

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

Agriculture

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

March 1, 2025 0

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

Economy

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

February 27, 2025 0

>>> 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

EconomyMarch 6, 20250

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...

Business

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

March 6, 2025 0

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

Business

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

March 4, 2025 0

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

Agriculture

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

March 1, 2025 0

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

Economy

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

February 27, 2025 0

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

Business

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

February 26, 2025 0

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

Business

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

February 25, 2025 0

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

Economy

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

February 14, 2025 0

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

Banking & Finance

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

February 14, 2025 0

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

Business

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

February 13, 2025 0

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

Event & Opinion

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

February 12, 2025 0

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

Markets

Banking & FinanceDecember 2, 20210

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...

Capital MarketsJanuary 10, 20230

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...

Banking & FinanceJanuary 10, 20220

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:...

CryptocurrenciesOctober 23, 20230

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...

CryptocurrenciesAugust 19, 20220

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...

Economy

Conjuncture

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

December 31, 2022 0

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...

Economy

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

December 12, 2023 0

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

Economy

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

May 13, 2024 0

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

Conjuncture

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

December 23, 2024 0

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

Business

BusinessOctober 9, 20240

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...

BusinessMay 25, 20210

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...

BusinessOctober 5, 20200

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...

BusinessSeptember 12, 20220

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...

BusinessSeptember 30, 20230

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...

BusinessFebruary 24, 20220

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

December 17, 2024 0

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...

BusinessDecember 13, 20230

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,...

IT & CDecember 10, 20190

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...

BusinessDecember 15, 20230

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...

Capital MarketsNovember 25, 20180

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/

BusinessSeptember 14, 20220

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...

IT & CDecember 10, 20200

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...

IT & CApril 24, 20230

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...

Autos & TransportationDecember 2, 20200

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...

Issue of the DayDecember 11, 20220

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...

BusinessFebruary 28, 20230

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

Issue of the DayApril 13, 20220

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...

Issue of the DayApril 11, 20240

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...

Fara categorieSeptember 16, 20230

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...

Issue of the DayDecember 4, 20230

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

Aeropspace & DefenceFebruary 8, 20200

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...

Autos & TransportationOctober 24, 20230

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...

ConjunctureFebruary 7, 20250

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...

IT & CMarch 10, 20250

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...

EconomyMarch 6, 20250

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...

BusinessMarch 6, 20250

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...

BusinessMarch 4, 20250

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

Fund ManagementJanuary 30, 20200

Tech & Innovation

Romania: Hunedoara Castle

Issue of the day

Markets

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

Business

Bilateral

Romania: Peles Castle (Peles National Museum) - Sinaia

Issue of the day

Economy

Markets

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