The Romanian firefighters are present in France to support the French forces who are fighting the climacteric flames

By rbj Two C-17 Globemaster III aircraft from the Multinational Strategic Transport Unit and a C-27J Spartan aircraft of the Romanian Air Force performed, on...

ROCA Industry announces that its subsidiary Bico Industries will take over the majority stake in the Lithuanian company SmartTech AG

By rbj ROCA Industry, the holding company that brings together the construction materials companies in the ROCA Investments portfolio, announces that its subsidiary Bico Industries...

Hungarians fear inflation, but also global recession. The opinion of the Central Bank of Budapest. Viktor Orban’s government expects inflation of 20% in 2022

By rbj Inflation could accelerate to around 20 percent in the coming months, said Barnabás Virág, vice president of Bank Magyar Nemzeti. According to the...

The annual inflation rate stagnates. Will the Central Bank succeed in reaching the target for 2022? The BNR missed the inflation target in the...

By rbj The annual inflation rate in July 2022 compared to July 2021 is 15%, slightly decreasing from 15.1%, and compared to December 2021 it...

Tech & Innovation

Partnership between Humans.ai and Next Chymia Consulting HK, a Hong Kong-based blockchain consulting group

By rbj Humans.ai announces a partnership with Next Chymia Consulting HK, one of the company's leading investors and a well-known...

ROCA Industry announces that its subsidiary Bico Industries will take over the majority stake in the Lithuanian company SmartTech AG

By rbj ROCA Industry, the holding company that brings together the construction materials companies in the ROCA Investments portfolio, announces that its subsidiary Bico Industries...

Hungarians fear inflation, but also global recession. The opinion of the Central Bank of Budapest. Viktor Orban’s government expects inflation of 20% in 2022

By rbj Inflation could accelerate to around 20 percent in the coming months, said Barnabás Virág, vice president of Bank Magyar Nemzeti. According to the...

The annual inflation rate stagnates. Will the Central Bank succeed in reaching the target for 2022? The BNR missed the inflation target in the...

By rbj The annual inflation rate in July 2022 compared to July 2021 is 15%, slightly decreasing from 15.1%, and compared to December 2021 it...

Topoloveni plum magic, wins another market in Asia, that of Vietnam, through the Discover European Treasures European program

By rbj "Sonimpex Topoloveni continues its presence at international fairs where it promotes the Romanian gastronomic tradition through the "Topoloveni Magiun din prune" Brand. The...

Techcelerator organizes the first SEE Tech Mission at the Web Summit 2022

By rbj Techcelerator, the most active accelerator in Romania for technology start-ups, organizes the first SEE Tech Mission, a group that will gather regional start-ups...

The empress of Hungary, the oil company Mol, sits dizzy in the chair of sand built by Viktor Orban

By rbj The bad signs had appeared a few days before, when the "leader" of Hungary, Viktor Orban, was about to drown on a recreational...

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% and estimates inflation of 7.5%...

Exports increased by 23.9% in the first half of the year, and imports increased by 28.5%. The trade balance deficit reached over 15 billion...

By rbj The frozen structure of the Romanian economy, based especially on the manufacture and export of components for machines and equipment, is starting to...

Issue of the day

Topoloveni plum magic, wins another market in Asia, that of Vietnam, through the Discover European Treasures European program

By rbj "Sonimpex Topoloveni continues its presence at international fairs where it promotes the Romanian gastronomic tradition through the "Topoloveni Magiun din prune" Brand. The...

Techcelerator organizes the first SEE Tech Mission at the Web Summit 2022

By rbj Techcelerator, the most active accelerator in Romania for technology start-ups, organizes the first SEE Tech Mission, a group that will gather regional start-ups...

The empress of Hungary, the oil company Mol, sits dizzy in the chair of sand built by Viktor Orban

By rbj The bad signs had appeared a few days before, when the "leader" of Hungary, Viktor Orban, was about to drown on a recreational...

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% and estimates inflation of 7.5%...

Exports increased by 23.9% in the first half of the year, and imports increased by 28.5%. The trade balance deficit reached over 15 billion...

By rbj The frozen structure of the Romanian economy, based especially on the manufacture and export of components for machines and equipment, is starting to...

The pinnacle of Austrian arrogance: OMV Petrom boasts of an investment from 10 years ago. In fact, it is the only one in Romania

By rbj OMV Petrom, the company that owns the majority stake in the former Romanian state company Petrom, boasts that it has invested 530 million...

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 increase the monetary policy rate...

The Romanian luxury jewelry company, with the Teilor brand, is expanding in the Czechia and throughout Eastern Europe

By rbj Teilor, the chain of luxury jewelry stores with a presence in the Central and Eastern European region, opened its first store in the...

Cushman & Wakefield Echinox: Industrial and logistics spaces totalling 542,000 sq. m were leased in H1 2022, a y-o-y increase of 50%

By rbj ​​542,000 sq. m of industrial and logistics spaces were leased in H1 2022, a 50% increase compared with the same period of 2021,...

The Minister of Foreign Affairs of Romania stutters, as usual, in front of the impudence and stupidity of the Budapest authorities who have turned...

By Constantin Radut The Minister of Foreign Affairs, Bogdan Aurescu, stated, on Monday, for the TV channel Digi24.ro, regarding the speech of the Hungarian Prime...

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...



Markets

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...

Bucharest Stock Exchange (BVB) reaches the maximum of the last 10 years

By Andra Beltz The Bucharest Stock Exchange closed Thursday's session, and the BET index, indicating the evolution of the 16...

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:...

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...

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...

Economy

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Ministry of Energy authorizes the works for gas production in the Midia perimeter, Black Sea

By Emea Riga The Ministry of Energy issued the authorization document for the offshore works required for the production of natural gas in the XV...

Romanian company Tema Energy intends to become one of the most important regional players in the development of data center

By rbj Tema Energy, the largest player in the field of data center development in Romania, had a turnover of 8.75 million euros last year,...

Multifunctional corvettes for the Romanian Naval Forces. France sets conditions: Schengen area vs contract with Naval Group

By Constantin Radut Diplomatic and economic relations between France and Romania have not yet entered a normal phase. Although the first term of President Emmanuel...

First Romanian satellite will be launched from the Black Sea. Romania becomes the second EU country to launch its own satellite

By rbj The Romanian Association for Cosmonautics and Aeronautics (ARCA) will launch, in June 2021, the first Romanian satellite, with a rocket designed and built...

Business

Romanian company Chimcomplex produces biocide to WHO standards

By Jerom Bolt Chimcomplex launches the biocidal production that is the basis of the disinfectants recommended by the World Health Organization in the fight with...

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...

Romanian M&A market recorded in the first three months of 2022 a 17% increase compared with the first quarter of 2021

By rbj The Romanian mergers and acquisitions (M&A) market recorded 48 transactions(1) in the first three months of 2022, a 17% increase compared with the...

Stillcanna’s Romanian Based Origin CBD extraction facility receives green light from Romanian authorities

By rbj The Canadian company Stillcanna, specialized in the production of cannabis oil obtained from hemp, has obtained the approvals from the Ministry of Health...

The American group Juniper Networks Romania, the fourth company authorized for the implementation of 5G technology in Romania

By rbj Juniper Networks Romania, a company controlled by the American group Juniper Networks, one of the world's largest suppliers of telecom equipment, has received...

Cushman & Wakefield Equinox: In the last five years, Bucharest has been the most dynamic logistics market in the region, becoming a regional hub

By Andra Beltz The stock of industrial and logistics spaces in Bucharest has doubled between 2015 and 2020, the capital of Romania being the most...

Bilateral

The Minister of Foreign Affairs of Romania stutters, as usual, in front of the impudence and stupidity of the Budapest authorities who have turned...

By Constantin Radut The Minister of Foreign Affairs, Bogdan Aurescu, stated, on Monday, for the TV channel Digi24.ro, regarding the speech of the Hungarian Prime Minister, Viktor Orban, from Băile Tuşnad, that it is "regrettable that such ideas are propagated...

PORT OF CONSTANȚA, A COMMERCIAL HUB FOR SOUTH AFRICAN COMPANIES

By Jerom Bolt The President of the Chamber of Commerce and Industry of Romania (CCIR), Mihai Daraban, met on Thursday, September 2, with the Deputy...

Cluster Power Data Center becomes the first data center in Romania to achieve the world’s most prestigious certification, Uptime Institute Accredited

By rbj The data center built near Craiova by Cluster Power with the help of Tema Energy's engineering team has officially achieved Tier III Design...

OVES Enterprise, a software development start-up in Cluj, opens its first office abroad in Germany. The Romanian company to open branches in 4...

By rbj OVES Enterprise, a software development company from Cluj-Napoca, opens in Munich, Germany, its first office abroad, as part of the international expansion strategy...

Romanian researchers developed a system for evacuating personnel contaminated with biological agents – BIOVEC

By Andra Beltz The scientific researchers from the Center for Scientific Research for Defense CBRN and Ecology within the Research Agency for Military Technology and...
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Romania has one of the lowest taxation rates in the EU and lowest taxes on income and wealth (4.9%)

By R. Constantin Today, Eurostat released a report on Taxation in 2018. Eurostat shows that at the EU level, the taxation increased slightly from 40.2%...

PM Viorica Dancila in US: Meetings with Vice President Mike Pence, American Jewish Committee and RACC

By Jerom Bolt The Prime Minister of Romania, Viorica Dăncilă, started a week-long visit to the US. The duration of this visit and the extremely...

Startup Europe Summit 2019 will be organised in Cluj-Napoca

By Emea Riga Among the most important events that Romania will host in the semester of the EU Council Presidency, the Startup Europe Summit is...

KFactory, the Industry 4.0 startup in Romania, obtains a financing of over 800,000 euros. The goal is to grow the DACH market

By rbj The Romanian startup KFactory, which offers a solution to increase the operational performance of production companies, obtains a financing of 600,000 euros in...

Nuclear energy: France vs Germany

By Constantin Radut We have just taken the step towards 2022 and the European Union is facing another major internal dispute. It's about nuclear power....

14 million passengers by the airports in Bucharest in 2018

By Emea Riga The two Bucharest-based airports recorded a total number of 13.85 million passengers and 137,784 aircraft movements (landings and take-offs), informs the National...

Issue of the day

AFP: Divorce has been pronounced between the EU and the UK

By rbj The divorce was pronounced. After 47 years of tumultuous community life, the United Kingdom became the first country to leave the European Union...

Warsaw Summit: Without the 13 states in Eastern Europe, the European Union would have been obsolete and decadent (1)

By Constantin Radut We welcome with conviction the meeting organized by the Polish Government on the occasion of 15 years since the "new wave" of...

The Poles and the Czechs no longer want Orban. Will the Visegrad Group be called the Baltic Group?

By Constantin Radut Although the victory of the Fidesz party, of Prime Minister Orban Viktor, in the Hungarian parliamentary elections was predictable, (see this from...

Algeria: A glorious history and a new era. 60 years of independence and prosperity

By Constantin Radut When the plane we were coming from Bucharest, via Rome, descended smoothly over the Mediterranean, suddenly through the window of the aircraft...

Economy

Hopes for Galati Steel Company: Liberty invests € 200m investment for the plant’s future

By Andra Beltz International metals and industrial entrepreneur Sanjeev Gupta today pledged to invest more than €200m in the Galaţi steelworks to help it become...

Investments in renewable energy affect the stability of the national energy system

By Constantin Radut This year's winter demonstrates how damaging was the unrestricted encouragement of investors in renewable energy and the neglect of other energy sectors. From...

Romarm signs the memorandum of understanding with the Italian manufacturer Beretta Holding (2)

By Edwig Ban The Plopeni Mechanical Plant will start producing Beretta assault weapons in about six months The Plopeni Mechanical Plant, a subsidiary of the National...

The annual inflation rate stagnates. Will the Central Bank succeed in reaching the target for 2022? The BNR missed the inflation target in the...

By rbj The annual inflation rate in July 2022 compared to July 2021 is 15%, slightly decreasing from 15.1%, and compared to December 2021 it...

Topoloveni plum magic, wins another market in Asia, that of Vietnam, through the Discover European Treasures European program

By rbj "Sonimpex Topoloveni continues its presence at international fairs where it promotes the Romanian gastronomic tradition through the "Topoloveni Magiun din prune" Brand. The...

Techcelerator organizes the first SEE Tech Mission at the Web Summit 2022

By rbj Techcelerator, the most active accelerator in Romania for technology start-ups, organizes the first SEE Tech Mission, a group that will gather regional start-ups...

The empress of Hungary, the oil company Mol, sits dizzy in the chair of sand built by Viktor Orban

By rbj The bad signs had appeared a few days before, when the "leader" of Hungary, Viktor Orban, was about to drown on a recreational...

Markets

Tradesilvania.com and TechVentures Bank are entering into an innovative partnership. Romanians have a secure legal framework to access the digital asset market

By rbj Tradesilvania.com, the premium platform for investing in digital goods, is consolidating its position on the market through a new strategic partnership with TechVentures...

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 $...

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 40.475 billion euros, up 3.03%...

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, Premier Viorica Dancila also announced...