Romania-US partnership in the nuclear energy sector: the project company RoPower Nuclear SA was launched, owned in equal parts by SC Nuclearelectrica SA and...

By RBJ Nuclearelectrica SA and Nova Power & Gas SRL launch RoPower Nuclear SA, the project company for the development of small modular reactors in...

The French group ALTEN buys QUALITANCE, the international technology and innovation company founded in Romania

By RBJ QUALITANCE, the international technology and innovation company founded in Romania, has signed an acquisition agreement with ALTEN, according to which the international technology...

Bitcoin Romania targets between 75-100 new crypto-ATM franchises by the end of the year

By RBJ Bitcoin Romania, the leader of the crypto-ATM market in Eastern Europe and the owner of the largest local cryptocurrency trading platforms, targets to...

Romania’s government debt is close to 49% of GDP

By RBJ Public administration debt (government debt) rose slightly in July of this year, to 48.8% of the Gross Domestic Product, from 48.3% of GDP...

Tech & Innovation

Startup TypingDna received an investment of $ 7 million from several funds

By Andra Beltz The Romanian cybersecurity startup TypingDNA received a total investment of $ 7 million in a new Series...

The French group ALTEN buys QUALITANCE, the international technology and innovation company founded in Romania

By RBJ QUALITANCE, the international technology and innovation company founded in Romania, has signed an acquisition agreement with ALTEN, according to which the international technology...

Bitcoin Romania targets between 75-100 new crypto-ATM franchises by the end of the year

By RBJ Bitcoin Romania, the leader of the crypto-ATM market in Eastern Europe and the owner of the largest local cryptocurrency trading platforms, targets to...

Romania’s government debt is close to 49% of GDP

By RBJ Public administration debt (government debt) rose slightly in July of this year, to 48.8% of the Gross Domestic Product, from 48.3% of GDP...

McKinsey & Company: Romania’s digital economy could grow 3.5 times to 52 billion euros in 2030 (2)

By RBJ “Romania is the second largest digital commerce market in CEE after Poland, with Romanians spending on average ~500 euro per capita (~25% lower...

McKinsey & Company: Romania’s digital economy could grow 3.5 times to 52 billion euros in 2030 (1)

By RBJ Romania's digital economy could grow 3.5 times to around 52 billion euros in 2030 compared to 14.8 billion euros last year, ICT and...

Cryptocurrency trading platform Binance opens an office in Romania

By RBJ The cryptocurrency trading platform Binance is opening an office in Romania, and from October it will also have the Romanian language version of...

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...

Professor Andrei Marga: <<>>

RBJ Andrei Marga, Romanian philosopher and politician, said on Friday, September 16, 2022, during a public conference held in Alba Iulia, in the center of...

Issue of the day

McKinsey & Company: Romania’s digital economy could grow 3.5 times to 52 billion euros in 2030 (2)

By RBJ “Romania is the second largest digital commerce market in CEE after Poland, with Romanians spending on average ~500 euro per capita (~25% lower...

McKinsey & Company: Romania’s digital economy could grow 3.5 times to 52 billion euros in 2030 (1)

By RBJ Romania's digital economy could grow 3.5 times to around 52 billion euros in 2030 compared to 14.8 billion euros last year, ICT and...

Cryptocurrency trading platform Binance opens an office in Romania

By RBJ The cryptocurrency trading platform Binance is opening an office in Romania, and from October it will also have the Romanian language version of...

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...

Professor Andrei Marga: <<>>

RBJ Andrei Marga, Romanian philosopher and politician, said on Friday, September 16, 2022, during a public conference held in Alba Iulia, in the center of...

The European Commission is ready to suspend funds of 7.5 billion euros intended for Hungary, due to corruption

By RBJ According to the private press agency from Romania, news.ro, the European Commission recommended on Sunday the suspension of funds worth 7.5 billion euros...

The Romanian Institute of Statistics (INS) misinforms. Eurostat announces a level of inflation in August for Romania of 13.3%. Four days ago, the INS...

By RBJ Inflation in August was at a level of 13.3%, compared to the EU average of 10.1%. This annualized inflation rate is much lower...

Knauf Insulation started the production of mineral wool with ECOSE® technology in Romania

By RBJ Knauf Insulation, one of the biggest players on the market of insulating materials, part of the Knauf Group, started the production of mineral...

European Parliament: Hungary has a “hybrid regime of electoral autocracy; Hungary can no longer be considered a full democracy

By RBJ The European Parliament on Thursday adopted a report in which it condemns the "deliberate and systematic efforts of the Hungarian government" to undermine...

PwC report: Romania scores best on tax and regulatory environment and ranks 28th out of 34 EMEA countries in a top of attractiveness for...

By RBJ Romania ranks 28th in a top of the 34 most attractive countries in Europe, the Middle East and Africa (EMEA) for private companies,...

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...



Markets

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,...

National Bank of Romania decided to increase the monetary policy rate to 5.50%, from 4.7%

By rbj In its meeting of 5 August 2022, the Board of the National Bank of Romania decided: >>> to...

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:...

Crypto investment platform Tradesilvania.com is launching the world’s first certification for crypto miners

>>>Tradesilvania.com, the premium investment platform in Cluj-Napoca specialized in cryptocurrency trading, will issue certificates for crypto miners, both in...

Fish Trading Exchange in Tulcea

By Emea Riga Attending on Monday in the eastern city of Tulcea the official opening of the Fish Trading Exchange,...

Economy

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Romarm signs the memorandum of understanding with the Italian manufacturer Beretta Holding (1)

By Edwig Ban The National Company Romarm will sign the memorandum of understanding with the Italian arms manufacturer Beretta Holding on Monday, June 10, 2019. "We...

Minister of National Defense confirms: Naval Group and Constanta Shipyard will build in Romania 4 corvettes for the Romanian Naval Forces

By Constantin Radut The contract for the acquisition of multifunctional corvettes for the Romanian Military Navy was assigned to the association Constanţa Shipyard - Naval...

Ford Romania to manufacture 1 million EcoBust engines in Craiova

By Edwig Ban Ford Romania announces the production of 1 million EcoBoost 1.0-liter engines at the Craiova plant since its launch in 2012. "The achievement of...

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...

Business

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,...

Der Spiegel cruelly humiliates the citizens of Eastern Europe. Germany does not forget, your time will come!

By Constantin Radut For three days I read and re-read a reportage written by Stefan Schultz in the German newspaper Der Spiegel. I have always...

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...

Cushman & Wakefield Echinox: Romania, among the Central and Eastern European countries where the real estate transactional volume increased in 2021

By rbj The volume invested in real estate assets in Romania, Poland and Slovakia increased in 2021, while the Czech and Hungarian markets witnessed a...

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...

The war in Ukraine has severely disrupted the Black Sea grain market: Turkey, Israel, Egypt, and Algeria will be the hardest hit

By rbj Early estimates after the outbreak of the armed conflict in Ukraine show that 13.2 million tonnes of wheat, corn, and barley from Ukraine...

Bilateral

Romania-Netherlands: There is a continued interest from Dutch companies to start or expand business in Romania

>>> To the questions of the The Romanian Business Journal answered Mr.Wijnand Marchal, Economic and Commercial Counsellor and Mr. Arie Veldhuizen, Agricultural Counsellor to the Netherlands Embassy in Bucharest By Constantin Radut -What has been the evolution of bilateral trade and...

Romania, the first place in the EU in honey production

By Andra Beltz Romania ranks second in the European Union, after Spain, as the number of bee families and the first place in honey production,...

International Consortium for the production of Watchkeeper X military drones in Romania

By Edwig Ban The U-TacS company, specialized in the production of military drones, will transfer technology from the United Kingdom to Romania for the production...

Nuclearelectrica signs market maker contract with BRK Financial Group to enhance liquidity

By Edwig Ban Societatea Nationala Nuclearelectrica (SNN), the sole producer of nuclear power and nuclear fuel using CANDU 6 type technology in Romania, will benefit...

National energy system is at the edge of the abyss

By Constantin Radut Since the beginning of January 2020, when winter launched its first cold arrows, Romania's energy system has been in great difficulty. Of the...
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Romanian cryptocurrency Aether will be launched into space in early February, with a rocket belonging to ARCA Space

By rbj The Romanian cryptocurrency, Aether, launched at the end of last year in the Binance Smartchain network, which has a market capitalization of $...

Corvette War: Naval Group and Constanta Shipyard won the tender

By Constantin Radut The association between the French Naval Group and Shipyard Constanta was announced to have won the contract for the provision of multifunctional...

China-70 years.中国 万岁

By Constantin Radut Today, the People's Republic of China celebrates 70 years since the establishment of the popular regime. From a country impoverished by the war...

Romanian company Techtex produces sanitary masks, including type FFP2 and FFP3

By Emea Riga The Minister of Economy, Virgil Popescu, announces that the production of sanitary protective masks has started in Romania, with 150,000 masks per...

Ford’s investment – 1.3mln euro in 11 years since taking over Craiova plant

By Andra Beltz Ford Company invested approximately 1.3 billion euro in the 11 years since taking over the plant in Craiova, Ian Pearson, Vehicle Operations...

Polish bank Idea Bank Romania was acquired by Banca Transilvania for 43 million euros

By Emea Riga Banca Transilvania will acquire the shares held by the Polish group Getin Holding from Idea :: Bank, Idea :: Leasing and Idea...

Issue of the day

March 20 is the International Day of La Francophonie

By rbj The date of March 20 was chosen to celebrate the anniversary of the Agency for Cultural and Technical Cooperation (ACCT) that was born...

RCEP, the largest trade agreement in the world

By Jerom Bolt Amid trade disputes with the United States, China and 14 other Asia-Pacific countries have reached a consensus to create the world's largest...

Five key topics on the business leaders’ agenda for 2022

De Florentina Șușnea În ultimii doi ani, companiile s-au adaptat în mare măsură la noi moduri și condiții de muncă. Liderii de afaceri au...

Trump wins: US becomes net oil exporter after 75 years

By Jerom Bolt Donald Trump's policy of supporting small oil investors and giving up climate constraints has historical effects in the US. According to Bloomberg, the...

Economy

Energy transmission operators from Romania, Italy, Greece and Bulgaria have set up CC SEleNe in Thessaloniki

By Emea Riga Transmission and System Operators from Greece (IPTO), Italy (TERNA SpA), Romania (Transelectrica) and Bulgaria (ESO-EAD) have set up the South East Europe...

Green energy: Schizophrenia and the bureaucracy of some EU officials

By Constantin Radut A conference entitled 'Energy Transition 2019' was held in Bucharest today, November 7th. Its undeclared objective was to put pressure on the...

Dacia with number 7 million was produced in Romania

By rbj On January 18, 2022, the car with the number 7 million left the assembly line of the Dacia Automobile plant in Mioveni. According to...

Romania’s government debt is close to 49% of GDP

By RBJ Public administration debt (government debt) rose slightly in July of this year, to 48.8% of the Gross Domestic Product, from 48.3% of GDP...

McKinsey & Company: Romania’s digital economy could grow 3.5 times to 52 billion euros in 2030 (2)

By RBJ “Romania is the second largest digital commerce market in CEE after Poland, with Romanians spending on average ~500 euro per capita (~25% lower...

McKinsey & Company: Romania’s digital economy could grow 3.5 times to 52 billion euros in 2030 (1)

By RBJ Romania's digital economy could grow 3.5 times to around 52 billion euros in 2030 compared to 14.8 billion euros last year, ICT and...

Cryptocurrency trading platform Binance opens an office in Romania

By RBJ The cryptocurrency trading platform Binance is opening an office in Romania, and from October it will also have the Romanian language version of...

Markets

Crypto investment platform Tradesilvania.com is launching the world’s first certification for crypto miners

>>>Tradesilvania.com, the premium investment platform in Cluj-Napoca specialized in cryptocurrency trading, will issue certificates for crypto miners, both in Romania and internationally >>>The Tradesilvania...

National Bank of Romania decided to increase the monetary policy rate to 1.50 percent per annum

By rbj The Board of the National Bank of Romania, having convened for the meeting of 5 October 2021, decided: >>> to increase the monetary...

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...

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 released on Friday by the...