The Romanian Business Journal | – for your business in Romania

BusinessNovember 30, 20230

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...

Autos & TransportationNovember 29, 20230

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...

BilateralNovember 29, 20230

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),...

Tech & InnovationNovember 29, 20230

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

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...

Autos & Transportation

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

November 29, 2023 0

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

Bilateral

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

November 29, 2023 0

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

Tech & Innovation

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

November 29, 2023 0

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

Business

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

November 29, 2023 0

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

Business

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

November 27, 2023 0

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

Business

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

November 22, 2023 0

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

Bilateral

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

November 22, 2023 0

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

Issue of the Day

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

November 21, 2023 0

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

BusinessNovember 29, 20230

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,...

Business

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

November 27, 2023 0

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

Business

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

November 22, 2023 0

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

Bilateral

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

November 22, 2023 0

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

Issue of the Day

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

November 21, 2023 0

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

Bilateral

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

November 21, 2023 0

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

Science & innovation

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

November 21, 2023 0

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

Capital Markets

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

November 21, 2023 0

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

Issue of the Day

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

November 18, 2023 0

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

Aeropspace & Defence

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

November 17, 2023 0

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

Issue of the Day

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

November 16, 2023 0

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

Markets

Banking & FinanceDecember 14, 20180

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...

CurrenciesMarch 8, 20220

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...

Banking & FinanceMay 10, 20220

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,...

Banking & FinanceNovember 8, 20220

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...

Banking & FinanceAugust 9, 20220

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%...

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Economy

Agriculture

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

March 21, 2023 0

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...

Economy

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

December 10, 2018 0

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...

Economy

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

February 23, 2021 0

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...

Economy

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

February 17, 2020 0

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

BusinessNovember 2, 20220

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...

BusinessFebruary 5, 20200

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...

BusinessAugust 10, 20230

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,...

BusinessSeptember 19, 20220

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...

BusinessDecember 27, 20180

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...

BusinessOctober 20, 20220

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

December 22, 2022 0

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,...

EconomyDecember 19, 20220

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...

ConjunctureDecember 7, 20220

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...

BusinessJanuary 8, 20220

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,...

Capital MarketsJuly 12, 20230

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...

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EconomyOctober 7, 20190

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 »)...

ConjunctureMay 17, 20220

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...

MarketsDecember 15, 20210

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...

CryptocurrenciesOctober 18, 20220

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...

EconomyJanuary 8, 20200

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...

Tech & InnovationMay 8, 20230

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

Issue of the DayFebruary 1, 20200

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...

Issue of the DayNovember 16, 20230

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...

Issue of the DayNovember 13, 20230

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...

Issue of the DayJuly 25, 20220

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

AgricultureAugust 18, 20210

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...

EconomySeptember 5, 20220

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...

Aeropspace & DefenceApril 12, 20190

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...

Tech & InnovationNovember 29, 20230

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...

BusinessNovember 29, 20230

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,...

BusinessNovember 27, 20230

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...

BusinessNovember 22, 20230

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

Banking & FinanceOctober 30, 20190

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...

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