Telerenta expands operations in Poland. investments toreach 1.5 million Euros by year-end

Bucharest July 10, 2024 - RBJ - The Romanian tech startup, Telerenta, which operates the only electronic equipment rental platform in Southeastern Europe for...

The Direct Pharma Logistics group of pharmaceutical companies is expanding its operations in Bulgaria

Bucharest, July 3, 2024 - RBJ - The Direct Pharma Logistics group of pharmaceutical companies, consisting of Direct Pharma Logistics, Pharmalink, and Farmatop, dedicated...

In 2023, Romania surpassed Spain, and Portugal, as well as all the eastern EU states, including Poland, in terms of current individual consumption per...

Bucharest, June 27, 2024 - RBJ - According to an analysis by Eurostat, published recently, Romania made an important leap in terms of real...

Three students from Romania want to revolutionize aircraft avionics. They were awarded at the International Science and Engineering Fair (ISEF). Among the prize winners...

Bucharest, June 18, 2024 - RBJ - Filip Bușcu, David Ghiberdic and Rareș Marinescu, students at the Bucharest International Informatics High School, won a...

Tech & Innovation

Startup Reaktor, an internationalization program that gives access to pre-seed investments and the opportunity to expand into Western Europe and Scandinavia

Bucharest, March 12, 2024 - RBJ - Founders of early-stage tech startups in Romania and Southeast Europe can apply...

Romania: Hunedoara Castle

The Direct Pharma Logistics group of pharmaceutical companies is expanding its operations in Bulgaria

Bucharest, July 3, 2024 - RBJ - The Direct Pharma Logistics group of pharmaceutical companies, consisting of Direct Pharma Logistics, Pharmalink, and Farmatop, dedicated...

In 2023, Romania surpassed Spain, and Portugal, as well as all the eastern EU states, including Poland, in terms of current individual consumption per...

Bucharest, June 27, 2024 - RBJ - According to an analysis by Eurostat, published recently, Romania made an important leap in terms of real...

Three students from Romania want to revolutionize aircraft avionics. They were awarded at the International Science and Engineering Fair (ISEF). Among the prize winners...

Bucharest, June 18, 2024 - RBJ - Filip Bușcu, David Ghiberdic and Rareș Marinescu, students at the Bucharest International Informatics High School, won a...

Media Fact Book 2024, Initiative: The local media market will reach a record value of 762 million euro by the end of this year

Bucharest, June 17, 2024 - RBJ - The media market in Romania has been on a stable upward trend in 2023, reaching an estimated...

Storm Shadow AI Solution, developed by the Romanian company OVES Enterprise, on the verge of being used by major weapons manufacturers to counter GPS...

Cluj-Napoca/Romania, June 12, 2024 - RBJ - Storm Shadow AI (SSAI), the advanced artificial intelligence solution capable of learning in record time to make...

The Romanian Company Nuclearelectrica SA and Korea Hydro & Nuclear Power (KHNP) announce the start of works on the first tritium removal facility in...

Bucharest, June 10 June, 2024 - RBJ - The National Company Nuclearelectrica SA and Korea Hydro & Nuclear Power (KHNP) announce the start of...

Restart Energy, a Romanian-American company in Romania, is developing a PV of 500 MW, the second largest in Romania

Bucharest, Timișoara, June 3, 2024 - RBJ - Agrovoltaics, a Restart Energy Group company, signes a connection contract with Transelectrica worth 56 million lei,...

Esports Summit 2024: the week of June 3rd through June 9th sees the most gaming events in the country

Bucharest, May 30, 2024 - RBJ - At first glance, the sum of over $5.5 million earned by esports players in Romania over the...

Issue of the day

Media Fact Book 2024, Initiative: The local media market will reach a record value of 762 million euro by the end of this year

Bucharest, June 17, 2024 - RBJ - The media market in Romania has been on a stable upward trend in 2023, reaching an estimated...

Storm Shadow AI Solution, developed by the Romanian company OVES Enterprise, on the verge of being used by major weapons manufacturers to counter GPS...

Cluj-Napoca/Romania, June 12, 2024 - RBJ - Storm Shadow AI (SSAI), the advanced artificial intelligence solution capable of learning in record time to make...

The Romanian Company Nuclearelectrica SA and Korea Hydro & Nuclear Power (KHNP) announce the start of works on the first tritium removal facility in...

Bucharest, June 10 June, 2024 - RBJ - The National Company Nuclearelectrica SA and Korea Hydro & Nuclear Power (KHNP) announce the start of...

Restart Energy, a Romanian-American company in Romania, is developing a PV of 500 MW, the second largest in Romania

Bucharest, Timișoara, June 3, 2024 - RBJ - Agrovoltaics, a Restart Energy Group company, signes a connection contract with Transelectrica worth 56 million lei,...

Esports Summit 2024: the week of June 3rd through June 9th sees the most gaming events in the country

Bucharest, May 30, 2024 - RBJ - At first glance, the sum of over $5.5 million earned by esports players in Romania over the...

TARA Interactive: Romanian companies accelerate AI solution Implementations. Investments reach up to 10% of revenue

>>> In the next five years, those who delay adopting AI solutions risk being overtaken by companies that embrace these technologies now Bucharest, May 29th,...

The Americans from Black Sea Oil & Gas are launching a new company in Romania in the field of biogas

Bucharest, May 29, 2024 - RBJ - Black Sea Oil & Gas SA (“BSOG”), together with its shareholders, the global investment firm Carlyle (NASDAQ:...

The Romanian company TeraPlast aims to become the market leader in Hungary, where it acquired, at the beginning of the year, the Austrian group...

Budapest/Hungary, May 28, 2024 - RBJ - In an event that took place today in Budapest, today Alexandru Stânean, CEO of TeraPlast Bistrita, from...

Joint Venture for the “Green Energy Corridor” Project between Azerbaijan, Georgia, Romania and Hungary

Bucharest, May 27, 2024 - RBJ - In implementation of the Agreement between the Governments of the Republic of Azerbaijan, Georgia, Romania and Hungary...

The Public Affairs Community of Europe Summit in Bucharest marks the largest expansion of the organization since its establishment

Bucharest, 27 May, 2024 - RBJ - For 2 days, Bucharest has been the European capital of public affairs. On Thursday, May 23, representatives...

Romanians and Americans will produce military and civilian drones in a competitive partnership for both sides

Bucharest, May 24, 2024 - RBJ - Representatives of Carfil and Periscope Avation signed on Friday, at the Black Sea Defense & Aerospace Exhibition...



Markets

Cryptocurrencies and criminal liability. The Romanian tax office has identified the amount of 48 million euros suspected of tax fraud

By Cristian Roman, Lawyer Partner Iordăchescu & Associații In an international context where the cryptocurrency market is hit by numerous...

New record highs on Bucharest Stock Exchange. The capital market goes up by 40 % to new all-time highs. The companies listed on BVB...

By rbj >>>The cumulative value of transactions with all types of financial instruments on the Regulated Market of the Bucharest...

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:...

The Board of the National Bank of Romania decided to keep the monetary policy rate at 7.00 percent per annum

Bucharest, July 5, 2023 - The annual inflation rate saw a faster decline in the first two months of...

Inflation reached 8.2%; edible oil rose by 27.17%, and gas prices rose by 51.6%; The Central Bank to keep in check inflation

By Edwig Ban The annual inflation rate in December 2021 rose to 8.2% compared to December 2020, according to data...

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

The Belgian company ABEE invests 1.4 billion euros for a battery factory for electric cars in Romania

Galati, Romania, June 28, 2023 - The Belgian company Avesta Battery and Energy Engineering (ABEE) will build a battery factory for electric cars in...

Romania and Azerbaijan signed the first individual contract for the delivery of Azeri natural gas

By RBJ S.N.G.N. Romgaz S.A. and Socar Trading, the subsidiary of the national oil company of the Republic of Azerbaijan, signed on December 16, 2022,...

After the positive assessment by Fitch, the S&P agency gives a good rating to the Romanian economy

Bucharest, October 14, 2023 - by rbj - The S&P rating agency reconfirmed, on October 13, 2023, the rating related to Romania's government debt...

The odyssey of nuclear energy in Romania. How the Americans sabotaged the development of the large Cernavoda nuclear power plant (II)

By Constantin Radut Therefore, based on a government decision from 2007, SN Nuclearelectrica manages to convince six foreign companies to form a consortium in order...

Business

First program of university studies for nurses

By Emea Riga The health network Regina Maria together with Grupul Educativa, in collaboration with Coventry University, founds the European Academy for Nurses. The Academy...

Antibiotice S.A. Iasi is developing its business in the US and UK markets with new drugs associated with Covid-19

By Emea Riga Against the background of the pandemic with the SARS-CoV-2 virus, while the Romanian hospitals and pharmacies market has substantially reduced its activity,...

Romanian company Linnify expands into the US with a new office in Austin, Texas and becomes a member of the Austin Venture Association

Cluj-Napoca/Romania, December 20, 2023 - # rbj - Linnify, an IT company from Cluj-Napoca, announces its international expansion into the US market. The company...

Solutions to improve efficiency and enhance customer experience for the Fast-Moving Consumer Goods and Retail industry

Bucharest, October 5, 2023 - by rbj - Arggo, an IT company specialized in both creating and implementing business software solutions, as well as...

StillCanna: Romania will become a major CBD producer in Europe

By Jerom Bolt StillCanna, a Canadian company specializing in cannabis oil production from hemp leaves, will open in the last quarter of 2019 the world's...

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,...

Bilateral

Abu Dhabi Airports and SDG Romania are preparing a futuristic airport in Bucharest

By Edwig Ban Airport operator Abu Dhabi Airports on Tuesday signed a memorandum of understanding with the Romanian company South Development Group (SDG) SA to analyze the opportunities related to the management and development of airports in Romania, this being...

Romania, the only state in the Eastern Bloc in the EU that allows the export of Ukrainian grains

Bucharest, October 17, 2023 - by rbj - Romania is the only commercial partner of Ukraine in the cereal sales sector, despite the decisions...

Carpathian, the first single malt whiskey produced in Romania will be launched this month on international markets

By rbj According to thespiritsbusiness.com, the first single malt whiskey from Romania will be introduced to international markets with a global tour commencing on World...

CGS Romania develops the business and employs 450 new specialists

By Edwig Ban Computer Generated Solutions (CGS) Romania, the leader of the local business process outsourcing (BPO) market, aims to increase the team in the...

The activity of the UAE Romanian Business Council was launched

Bucharest, October 11, 2023 - by rbj - (Source agerpres) - The UAE Romanian Business Council made its official debut in the United Arab...

Romania: Peles Castle (Peles National Museum) - Sinaia

https://en.peles.ro/

Gaming Marathon, the first big gaming event of the year, takes place this Sunday. The event celebrates the Marathon’s 4th anniversary and is dedicated...

București, March 21 2024 - RBJ - Gaming Marathon, the largest Romanian online gaming festival, celebrates its 4th anniversary with an edition in which...

Aluminum production and other strategic areas will be supported by the delivery of electricity from state-owned companies

By Jerom Bolt The untimely increase in the price of electricity puts in difficulty not only the budgets of household consumers but also those of...

Cluj-Napoca investment fund finances a Swiss company Hyperloop Swisspod

By Emea Riga The Something Big investment fund, recently established in Cluj-Napoca, starts its activity by financing the Swiss company Hyperloop Swisspod. This is a...

Fondul Proprietatea lists on the Bucharest Stock Exchange its participation in Hidroelectrica, estimated at over 12 billion lei (approx. $2.5 billion)

By RBJ Fondul Proprietatea shareholders voted for the listing of Hidroelectrica on the Bucharest Stock Exchange, Johan Meyer, the general manager of Franklin Templeton Bucharest,...

After the Bechtel deal, the NuScale mega deal follows, in which Romania will lose billions of dollars to American companies

Bucharest, November 9, 2023 - # rbj - All Romanians are saddened by the mega scam through which the public-private partnership from the beginning...

Instant Factoring and TechVentures Bank are associating for Romanian small and medium businesses to receive financing more easily

By rbj Instant Factoring, the first online micro-factoring fintech in Romania, that is dedicated to small and medium companies and microenterprises, and TechVentures Bank, the...

Issue of the day

Is the “love” between Poland and Ukraine ending?

By RBJ Following the invasion of Ukraine by the military troops of the Russian Federation, Poland rejoiced and made available its entire communication and military...

Laszlo Tokes’ desire for revenge will not rejuvenate the Hungarian community

Bucharest, January 12, 2024 - # RBJ - Today, the Hungarian news agency MTI broadcast a manifesto of despair by former pastor Laszlo Tokes....

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...

Romania could expand its GDP by 10% by 2050 – generating an additional contribution of €575 billion – by increasing savings

 - McKinsey&Company analysis Romania could expand its GDP by 10% by 2050 – generating an additional contribution of €575 billion - by increasing savings,...

Economy

Romanian wine wins 71 medals at MUNDUS VINI, one of the biggest profile competitions in the world

>>> Romania, in 11th place out of the 42 participating countries Bucharest, February 29, 2024 - RBJ (Photo: Marinela Ardelean, founder of the Wines of...

Holde Agri Invest S.A. Romania, one of the largest agricultural companies in Europe, had a profit of 46% in 2021 over 2020

By Andra Beltz Holde Agri Invest S.A., a Romanian company that operates agricultural land, posts consolidated revenues of 59 million lei in 2021, 46% higher...

Units 3 and 4 from the Cernavoda Nuclear Power Plant enter the right line

By Jerom Bolt The Nuclearelectrica (SNN) shareholders approved in the extraordinary general meeting yesterday the signing of an Investors Agreement, in preliminary form, on the...

Three students from Romania want to revolutionize aircraft avionics. They were awarded at the International Science and Engineering Fair (ISEF). Among the prize winners...

Bucharest, June 18, 2024 - RBJ - Filip Bușcu, David Ghiberdic and Rareș Marinescu, students at the Bucharest International Informatics High School, won a...

Media Fact Book 2024, Initiative: The local media market will reach a record value of 762 million euro by the end of this year

Bucharest, June 17, 2024 - RBJ - The media market in Romania has been on a stable upward trend in 2023, reaching an estimated...

Storm Shadow AI Solution, developed by the Romanian company OVES Enterprise, on the verge of being used by major weapons manufacturers to counter GPS...

Cluj-Napoca/Romania, June 12, 2024 - RBJ - Storm Shadow AI (SSAI), the advanced artificial intelligence solution capable of learning in record time to make...

The Romanian Company Nuclearelectrica SA and Korea Hydro & Nuclear Power (KHNP) announce the start of works on the first tritium removal facility in...

Bucharest, June 10 June, 2024 - RBJ - The National Company Nuclearelectrica SA and Korea Hydro & Nuclear Power (KHNP) announce the start of...

Markets

The Romanian state strengthens its position among the shareholders of Fondul Proprietatea. Update on the Fund’s share capital

By rbj An important move took place today regarding the shareholders and its consequences on the administration of Fondul Proprietatea. According to a press release to...

State of alarm in Hungary: Central bank raises monetary reference interest rate to almost 3%, above expectations

By Emea Riga Magyar Nemzeti Bank (MNB) has raised interest rates again. The current decision is in line with the tightening cycle announced so far,...

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...

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 in Ukraine, and by EU...