Hungary is preparing the population for a state of an energy war. Gasoline supply restricted to 50 liters/day

By Constantin Radut As the whole of Europe prepares for the big holiday, after years of restrictions imposed by Covid-19, Hungary enters the energy winter...

The BSOG project – a huge step toward Romania’s energy independence in the natural gas sector. Romania is the only EU country that does...

By rbj The Prime Minister of Romania, Nicolae Ciucă, declared on Tuesday on the occasion of the beginning of the gas production within the Midia...

Romania, a pioneer in the implementation of American SMR technology in Europe

By rbj Nuclearelectrica welcomes US President Joe Biden's announcement of a $ 14 million grant for a new phase of NuScale's small modular reactor development...

ROTSA launches Startup Reaktor, an incubation platform for early-stage technology start-ups in Central and Eastern Europe

By rbj Romanian Tech Startups Association - ROTSA, in partnership with Techcelerator and Rōnin, launches Startup Reaktor, an incubation platform for technology start-ups in Central...

Tech & Innovation

SeedBlink develops a secondary market where investors can access liquidity. The company has also launched a Club product for members who want to diversify...

The European investment platform for technology startups SeedBlink is launching an annual membership SeedBlink Club – and is working...

The BSOG project – a huge step toward Romania’s energy independence in the natural gas sector. Romania is the only EU country that does...

By rbj The Prime Minister of Romania, Nicolae Ciucă, declared on Tuesday on the occasion of the beginning of the gas production within the Midia...

Romania, a pioneer in the implementation of American SMR technology in Europe

By rbj Nuclearelectrica welcomes US President Joe Biden's announcement of a $ 14 million grant for a new phase of NuScale's small modular reactor development...

ROTSA launches Startup Reaktor, an incubation platform for early-stage technology start-ups in Central and Eastern Europe

By rbj Romanian Tech Startups Association - ROTSA, in partnership with Techcelerator and Rōnin, launches Startup Reaktor, an incubation platform for technology start-ups in Central...

BT ONE platform developed on top of the FLOWX.AI technology, enables Banca Transilvania to onboard its individual clients in 5 minutes and SME...

By rbj Banca Transilvania technical team launched ten essential functionalities for customer relations and advisory in less than a year. The fast development of the...

SeedBlink collaborates with TDCX to help its portfolio companies acquire new customers and build customer loyalty. The collaboration results in startups acceleration and...

By rbj SeedBlink, an online investment platform that connects investors with technology startups, today announced a collaboration with TDCX (NYSE: TDCX), an award-winning digital customer...

Cushman & Wakefield Echinox: Developers continue their investments, as over 500,000 sq m of retail spaces are planned or under construction in Romania

By rbj Real estate developers continue to expand their portfolios of retail projects in Romania, ​​over 500,000 sq. m of new spaces being announced for...

In May 2022, the annual inflation rate in Romania rose to 14.5%

By rbj The annual inflation rate rose to 14.5% in May 2022 from 13.76% in April, according to data released by the National Institute of...

Romanian Game Development Agency Amber opens a new studio in Poland

By rbj Amber, the largest independent video game development studio in Romania, continues to expand, opening a new office in Warsaw, Poland. The new office...

Issue of the day

BT ONE platform developed on top of the FLOWX.AI technology, enables Banca Transilvania to onboard its individual clients in 5 minutes and SME...

By rbj Banca Transilvania technical team launched ten essential functionalities for customer relations and advisory in less than a year. The fast development of the...

SeedBlink collaborates with TDCX to help its portfolio companies acquire new customers and build customer loyalty. The collaboration results in startups acceleration and...

By rbj SeedBlink, an online investment platform that connects investors with technology startups, today announced a collaboration with TDCX (NYSE: TDCX), an award-winning digital customer...

Cushman & Wakefield Echinox: Developers continue their investments, as over 500,000 sq m of retail spaces are planned or under construction in Romania

By rbj Real estate developers continue to expand their portfolios of retail projects in Romania, ​​over 500,000 sq. m of new spaces being announced for...

In May 2022, the annual inflation rate in Romania rose to 14.5%

By rbj The annual inflation rate rose to 14.5% in May 2022 from 13.76% in April, according to data released by the National Institute of...

Romanian Game Development Agency Amber opens a new studio in Poland

By rbj Amber, the largest independent video game development studio in Romania, continues to expand, opening a new office in Warsaw, Poland. The new office...

Romania, in the platoon of EU countries with strong GDP growth in Q1 2022 / Q1 2021

By rbj Eurostat today released estimates of GDP growth for both the previous quarter and the same quarter in 2021. The largest growth is in...

The first train organized by GRAMPET Group on Middle Corridor, along the China – Romania – Hungary route, left Constanța Port for Budapest today

By rbj GRAMPET Group, the largest private railway group and logistics operator in Romania and Central and South-Eastern Europe, announced the first train organized on...

The Swiss company Clariant inaugurated its first sunliquid® factory in Romania, an investment of 140 million euros

By rbj The Swiss from Clariant inaugurated yesterday the sunliquid® factory from Podari, near Craiova, Dolj county. The production of bioethanol, a fuel made from...

The largest onshore natural gas field in Europe “sleeps” in Romania. The Ministry of Energy shows how incompetent it is in energy policy

By rbj In the context of the European energy crisis, caused in particular by the invasion of Ukraine by the Russian Federation, the way each...

Dacia, among the best-selling car brands in Europe in April. Dacia Sandero, 3rd place in the European registration ranking

By rbj The JATO Dynamics report on car registrations in April 2022 shows that Dacia brand models are among the most bought by European customers....

The paradoxes of history. From the “massacre of Poles” by Ukrainians in 1943 to the “sweet brotherhood” between Presidents Duda of Poland and Zelensky...

By Constantin Radut In recent weeks, the Warsaw press has launched a real campaign for what many geostrategists would see as a "Polish-Ukrainian union." Propaganda...



Markets

Romania is promoted to Emerging Market status

By Emea Riga Romania is promoted to Emerging Market from Frontier Market status, the global index provider FTSE Russell announced...

Romania’s foreign exchange reserves are growing

By Emea Riga At the end of December 2021, foreign exchange reserves at the National Bank of Romania stood at...

Capital market financing in Romania will exceed 1.8 billion euros in 2021

By Jerom Bolt The capital market was preferred this year for financing by both the Romanian state and private companies,...

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...

Bucharest Stock Exchange, the biggest growth in the EU

By Jerom Bolt Romania posts the largest growth rate among the main indices of the stock exchanges within the European...

Economy

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European premiere in nuclear energy: Washington and Bucharest will sign agreement for the placement of 12 small modular reactors in Romania

By Constantin Radut Unexpectedly, the American efforts to eliminate Chinese competitors in the nuclear energy sector from the Romanian market seem to bear fruit. The...

Romania: The Corvette War (3). The decision is postponed. The French Naval Group likely to lose

By Constantin Radut According to close sources, the decision to designate the builder of the 4 Corvettes for the Romanian Naval Forces will not be...

Turkey’s “gas” is making foamy waves in Romania

By Constantin Radut A discovery of natural gas in the Black Sea, announced by Turkey, about three days ago, is making waves in specialized media...

Arctic exceeds 40 million refrigerators produced in its Găești factory

By Edwig BanArctic, the leader of the Romanian home appliances market and one of the main contributors to the local economy, marks the production...

Business

Simulated fuel crisis in Romania. PM of Romania: “I will not allow anyone to take advantage… to try to destabilize the country’s economy and...

By rbj On Wednesday afternoon, the gas stations in western Romania caused a real tsunami on the fuel market at the retail stations of the...

CBRE Romania: 15 new office buildings in 2019, over 300,000 square meters

By Emea Riga The modern office space inventory has exceeded 2.91 million square meters in 2018, and for 2019, the construction of 15 new office...

Romania has the highest volume of retail trade in the EU in December of 8.5%; the increase for 2019 was 7.2%

Emea Riga According to Eurostat, in the euro area in December 2019, compared to December 2018, the volume of retail trade increased by 3.6% for...

Arcona Property Fund come to the real estate market in Romania

By Emea Riga Arcona Property Fund, a closed-end investment fund listed on Euronext Amsterdam that manages EUR 94.8 million worth of assets in the Czech...

Sanitary restrictions are removed, Romania free of Covid-19 starting March 9, 2022

By Andra Beltz Tuesday is the last day of health alert in Romania, in the context of the COVID-19 pandemic. Authorities said at the end of...

Romania owns over 60% of Europe’s mineral water resources

By Andra Beltz Stanceni natural carbonated mineral water was awarded the Gold Award at the World Selection 2019 International Competition, organized by Monde Selection Belgium....

Bilateral

Western Europe must to pay the Eastern European countries for over 12 million workers captured in the past two decades

By Constantin Radut The exodus of Eastern Europe to Western Europe is one of the biggest migratory waves that have taken place over the last two centuries in Europe. According to Eurostat statistics, over 12 million East workers are left in...

Investments of 230 mln dollars, approved by Kazakh-Romanian Energy Investment Fund’s Board

By Andra Beltz The Board of the Kazakh-Romanian Energy Investment Fund approved two investment projects totaling around 230 million dollars last week, according to a...

Procter & Gamble opens a new factory in Romania in 2021

By Jerom Bolt The Procter & Gamble Group has announced that it will accomplish, in 2021, a new factory in Urlati, of detergent capsules (PODS)....

Antibiotice – 63 years of continuity and Romanian performance

By Emea Riga Just a few days after the anniversary of the Romanian centenary, Antibiotice Company marked the 63th anniversary of its activity under the...

GRAMPET GROUP, FIRST ROMANIAN MULTINATIONAL COMPANY

By Jerom Bolt The Romanian private capital asserted slowly but surely. This reality is demonstrated by the Grampet Group. Grampet Group is the largest private rail...
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For the first time in 60 years, Romania’s public debt will exceed 50% of GDP. Eurostat confirmed the trend in the report for Q3...

By rbj A study submitted by CFA Romania estimates that Romania's public debt in 2022 will reach 52.5% in 2022. It is for the first...

Franklin Templeton acquires a new mandate for the administration of Fondul Proprietatea

By Andra Beltz At the Fund’s General Shareholders’ Meeting (GSM) organized today, the shareholders of Fondul Proprietatea approved the key terms for a new administrator...

Ana-Maria Stancu, member in the management board of euRobotics

By Jerom Bolt A Romanian has become a member of the European Association of Robotics's (euRobotics) management board for the first time, namely Ana-Maria Stancu,...

Commoditrader and USAMV Bucharest experience the trading of agricultural products on a real international digital market

By Emea Riga Commoditrader, the international platform for digital trading with agricultural products and the Faculty of Management and Rural Development within USAMV Bucharest, have...

Financial support of 130 million euros for the airline companies Tarom and Blue Air

By Andra Beltz The Bucharest authorities have started discussions with the European Commission in order to be able to allocate about 130 million euro of...

Over 300,000 Romanians have returned to work in their country since the beginning of 2019

By Constantin Radut According to the information received from the Ministry of Labor and from non-governmental organizations, since the beginning of 2019, over 300,000 Romanians...

Issue of the day

Christophe Dridi, the new General Manager of Dacia-Renault Romania

By Edwig Ban Christophe Dridi will be General Manager of Automobile Dacia and Automobile Dacia as of January 1, 2019, the auto manufacturer's representatives announced...

Romanian Presidency of the Council of the EU

By rbj Starting with 1 January 2019, Romania takes over the rotating presidency of the EU Council. The Government and all political structures are ready...

The price of natural gas in Europe rose by 41% on Thursday, after the invasion of Ukraine by Russia

By rbj European reference gas prices rose 41 percent on Thursday after Russian forces attacked targets in Ukraine. The West has promised to adopt new...

Bucharest: Craiova Group, the seventh meeting dedicated to strengthening the Southeast European block

By Constantin Radut The seventh meeting of the Craiova Group took place in Bucharest. At the meeting was attended by Serbian President Aleksandar Vučić, Prime...

Economy

The largest freight traffic in the last 32 years in Romanian seaports

By Edwig Ban The total freight traffic in the Romanian maritime ports registered an increase of 8.64% last year, from 66.6 million tonnes, from 61.3...

Corvettes War: Fincantieri contests and obtains the suspension of procurement procedures

By Constantin Radut The battle to get orders of nearly 1.5 billion euros for the endowment of the Romanian Naval Forces has reached an unexpected...

ATP Trucks Automobile to launch the first Romanian electric bus, UpCity

By Emea Riga The Romanian company producing road and passenger vehicles, ATP Trucks Automobile, announces that it will build the first Romanian electric bus, UpCity,...

ROTSA launches Startup Reaktor, an incubation platform for early-stage technology start-ups in Central and Eastern Europe

By rbj Romanian Tech Startups Association - ROTSA, in partnership with Techcelerator and Rōnin, launches Startup Reaktor, an incubation platform for technology start-ups in Central...

BT ONE platform developed on top of the FLOWX.AI technology, enables Banca Transilvania to onboard its individual clients in 5 minutes and SME...

By rbj Banca Transilvania technical team launched ten essential functionalities for customer relations and advisory in less than a year. The fast development of the...

SeedBlink collaborates with TDCX to help its portfolio companies acquire new customers and build customer loyalty. The collaboration results in startups acceleration and...

By rbj SeedBlink, an online investment platform that connects investors with technology startups, today announced a collaboration with TDCX (NYSE: TDCX), an award-winning digital customer...

Cushman & Wakefield Echinox: Developers continue their investments, as over 500,000 sq m of retail spaces are planned or under construction in Romania

By rbj Real estate developers continue to expand their portfolios of retail projects in Romania, ​​over 500,000 sq. m of new spaces being announced for...

Markets

Banca Transilvania and Morphosis Capital are teaming up for the development of SMEs in Romania

By Edwig Ban Banca Transilvania (BT) joins the Morphosis Capital Fund I (MCFI) investment fund to support the development of Small and Medium-Sized Enterprises (SMEs)...

Bucharest Stock Exchange, the biggest growth in the EU

By Jerom Bolt Romania posts the largest growth rate among the main indices of the stock exchanges within the European Union in the first 11...

Did cryptocurrencies stir up riots in Kazakhstan? Anyway, Europe has become the world capital of virtual currencies

By Edwig Ban Many independent observers believe that the crypto mines in Kazakhstan have, among other causes, been at the root of the riots in...

Trade deficit at a worrying level. Currency losses are equivalent to Romania’s exports for three months

By Emea Riga Romania's trade deficit is growing year by year. And this is due to the excessive dependence of intra-community trade, ie with the...