The Romanian Business Journal | – for your business in Romania

ConjunctureJanuary 12, 20250

Romania surpassed Poland, Hungary, Slovakia, Croatia in the GDP per capita indicator at the level of purchasing power parity

Bucharest, January 12, 2025 - RBJ - According to Eurostat analyses, in the last 10 years there have been important changes in the national...

BilateralJanuary 10, 20250

Romania officially included in the Visa Waiver Program. We will travel without visas starting at the end of March

Bucharest, January 10, 2025 - RBJ - Romanian Prime Minister Marcel Ciolacu and US Ambassador to Bucharest Kathleen Kavalec were present on Friday at...

EconomyJanuary 9, 20250

Monsoon develop the largest photovoltaic park in Europe in western Romania, an investment of over 800 million euros

Bucharest, January 9, 2025 - RBJ - Monsson, the largest developer of renewable projects in Romania, has received all approvals for the start of...

EconomyJanuary 9, 20250

After becoming the largest gas producer in the EU last year, Romania joins the club of major exporters in Europe

Bucharest, January 9, 2024 - RBJ - Romania became, in the second quarter of 2024, the largest producer of natural gas in the European...

Tech & Innovation

IT & CApril 13, 20230

Tema Energy, the Romanian data center developer – the best financial performance to date

Tema Energy, the most famous Romanian data center developer, announces a turnover of over 63 million lei at the...

Bilateral

Romania officially included in the Visa Waiver Program. We will travel without visas starting at the end of March

January 10, 2025 0

Bucharest, January 10, 2025 - RBJ - Romanian Prime Minister Marcel Ciolacu and US Ambassador to Bucharest Kathleen Kavalec were present on Friday at...

Economy

Monsoon develop the largest photovoltaic park in Europe in western Romania, an investment of over 800 million euros

January 9, 2025 0

Bucharest, January 9, 2025 - RBJ - Monsson, the largest developer of renewable projects in Romania, has received all approvals for the start of...

Economy

After becoming the largest gas producer in the EU last year, Romania joins the club of major exporters in Europe

January 9, 2025 0

Bucharest, January 9, 2024 - RBJ - Romania became, in the second quarter of 2024, the largest producer of natural gas in the European...

Economy

Romania targets 2,500 MW of new capacity in the energy system, with investments in gas-fired and renewable power plants

January 6, 2025 0

Bucharest, January 6, 2025 - RBJ - The Ministry of Energy announced on Monday that 2025 is the year in which Romania targets 2,500...

Issue of the Day

Diplomatic crisis between Warsaw and Budapest. Poland breaks the Visegrad Group and wants to “marginalize ” Hungary in the EU

January 3, 2025 0

Bucharest, January 3, 2025 - RBJ - After almost two weeks ago Poland recalled its ambassador to Budapest, today the press on the Vistula...

Conjuncture

Bucuresti-Ilfov region, the richest in the EU. Poverty rate is the lowest in all of European Union

December 23, 2024 0

Bucharest, December 25, 2024 - RBJ - According to the latest Eurostat report, the poverty rate remains quite high in the European Union. In...

Business

The local media market is estimated at €778 million in 2024, according to the Media Fact Book analysis by Initiative Romania

December 19, 2024 0

Bucharest, December 19, 2024 - RBJ - Romania's media market will end 2024 on a stable growth trajectory, despite economic and geopolitical challenges, surpassing...

Business

Altex Romania Group bought the Brico Dépôt Romania business from the British company Kingfisher plc

December 18, 2024 0

London, December 18,2024 - RBJ - Kingfisher plc, the international home improvement company, today announces, following a competitive process, the sale of its Brico...

Issue of the day

EconomyJanuary 6, 20250

Romania targets 2,500 MW of new capacity in the energy system, with investments in gas-fired and renewable power plants

Bucharest, January 6, 2025 - RBJ - The Ministry of Energy announced on Monday that 2025 is the year in which Romania targets 2,500...

Issue of the Day

Diplomatic crisis between Warsaw and Budapest. Poland breaks the Visegrad Group and wants to “marginalize ” Hungary in the EU

January 3, 2025 0

Bucharest, January 3, 2025 - RBJ - After almost two weeks ago Poland recalled its ambassador to Budapest, today the press on the Vistula...

Conjuncture

Bucuresti-Ilfov region, the richest in the EU. Poverty rate is the lowest in all of European Union

December 23, 2024 0

Bucharest, December 25, 2024 - RBJ - According to the latest Eurostat report, the poverty rate remains quite high in the European Union. In...

Business

The local media market is estimated at €778 million in 2024, according to the Media Fact Book analysis by Initiative Romania

December 19, 2024 0

Bucharest, December 19, 2024 - RBJ - Romania's media market will end 2024 on a stable growth trajectory, despite economic and geopolitical challenges, surpassing...

Business

Altex Romania Group bought the Brico Dépôt Romania business from the British company Kingfisher plc

December 18, 2024 0

London, December 18,2024 - RBJ - Kingfisher plc, the international home improvement company, today announces, following a competitive process, the sale of its Brico...

Bilateral

Romania-Japan: collaboration for the construction of the High Power Optics Center in Măgurele, near Bucharest

December 17, 2024 0

Bucharest, December 17, 2024 - RBJ - Today, in the presence of Mr. Marcel Boloș, Acting Minister of Development, and H.E. Mr. Katae Takashi,...

Cryptocurrencies

Bitcoin back above $100,000 and fresh all-time high following latest US inflation data. All eyes now on the Fed this week

December 16, 2024 0

Bucharest, December 16, 2024 - By Simon Peters, cryptoasset market analyst at multi-asset investment platform eToro - Bitcoin is back above $100,000 and set...

Event & Opinion

After 18 years of political humiliation, Romania and Bulgaria have received the right to be admitted to the Schengen area

December 12, 2024 0

Bucharest, December 12, 2024 - RBJ - Although they have fulfilled technical requirements for protecting the security of free movement since 2011, Romania and...

Science & innovation

Romanian company Decalex Digital selected in the EU group for the development of the first Code of Practice dedicated to Generative Artificial Intelligence (GenAI)...

December 10, 2024 0

Bucharest, December 10, 2024 - RBJ (Source: Agerpres) - The European Commission (EC) has decided to form a group of experts responsible for the...

Aeropspace & Defence

Romania Becomes the 20th Member of the F-35 Global Alliance. Romania is the 20th country to join the global F-35 fleet

November 21, 2024 0

Fort Worth, Texas, Nov. 21, 2024 - RBJ - The Government of Romania confirmed today its intent to procure 32 Lockheed Martin 5th Generation...

Economy

Romanian company Sinteza S.A. to build a €50 million factory for long-term storage batteries, using Lockheed Martin technology

November 20, 2024 0

Bucharest, Romania, November 20, 2024 - RBJ - Lockheed Martin and Romanian company Sinteza S.A. have signed a Letter of Intent for licensing negative...

Markets

CryptocurrenciesJanuary 4, 20230

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...

Fund ManagementMarch 6, 20190

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...

CryptocurrenciesJanuary 11, 20220

Romanian startup Elrond acquiring Utrust, a Portuguese cryptocurrency payment solutions company

By rbj Elrond, a Romanian startup, an Ethereum competitor touting throughput on the order of 100,000 transactions per second, is...

Capital MarketsOctober 8, 20210

The bonds of the Polish company Aforti Holding will start trading on BVB s MTS on October 12

By Edwig Ban Bucharest Stock Exchange (BVB) informs that on Tuesday, October 12, the bonds issued by the Polish company...

Banking & FinanceFebruary 12, 20190

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...

Economy

Aeropspace & Defence

Arrogance of Paris questions the participation of the Naval Group in the Romanian program for “multifunctional corvettes”

April 18, 2019 0

By Constantin Radut The Ministry of National Defense (MApN) has not yet decided on the acquisition of the four multifunctional corvettes. Today, Minister Gabriel Leş...

Economy

Nuclearelectrica benefits from the Issuer Market Maker services provided by BRK Financial Group

October 21, 2022 0

By RBJ Societatea Nationala Nuclearelectrica (SNN), the sole producer of nuclear power and nuclear fuel using CANDU 6 type technology in Romania, company listed on...

Conjuncture

Valoria survey: 77% of companies believe that the biggest challenge of 2024 was managing the impact of rising costs

September 12, 2024 0

Bucharest, September 12, 2024 - RBJ - The consulting company Valoria Business Solutions, in partnership with Doingbusiness.ro, announces the launch of the eleventh edition...

Agriculture

The largest grain terminal on the Black Sea inaugurated in Romania

September 17, 2020 0

By Emea Riga Today, the grain terminal of the Romanian company Comvex SA was inaugurated, after an investment of 56 million euros. The port operator...

Business

BusinessFebruary 24, 20220

MedLife Medical Group acquired 50% of the shares of Neolife Romania

By Emea Riga MedLife has completed the acquisition of 50% of the shares of Neolife Romania oncology centers, following its approval by the Competition Council....

BusinessAugust 24, 20230

e-UpCity, the first Romanian electric bus, is already on the market. e-UpCity will quickly replace Polish Solaris buses

Bucharest, August 24, 2023 - ATP Trucks Automobile, the only company in Romania that produces fully electric vehicles, announced the delivery of the first...

BusinessJanuary 27, 20220

The value of investments in Romanian startups has exceeded the threshold of 100 million euros

By rbj The total value of investments in Romanian startups has tripled in 2021, reaching from the amount of 30.4 million euros reported in 2020,...

BusinessAugust 16, 20230

Biofarm records a net profit of 50.1 million lei in the first half of the year, up 15% compared to the first half of...

Bucharest, 16 August 2023 - Biofarm, (stock symbol BIO), one of Romania's leading drug manufacturers, has recorded a 17% increase in turnover for the...

BusinessNovember 2, 20200

Huawei reported Romania and Poland to the European Commission due to the exclusion from the 5G network

By Jerom Bolt Huawei has challenged at the European Commission the signing by Romania and Poland of memoranda with the United States by which the...

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

Cuba, on the 64th anniversary of independence: the passion of the revolution, the triumph of the future

January 1, 2023 0

By RBJ Today, January 1, marks the 64th anniversary of the independence of one of the most important states in Central America: Cuba. A state built with great sacrifices and revolutionary spirit by millions of Cubans, seized by the sentimentality...

EconomyDecember 17, 20180

Juncker Plan: EUR 50 million loan to finance newly identified gas resources in the Black Sea

By Edwig Ban The European Investment Bank (EIB) is lending EUR 50 million – the first tranche of an approved loan of EUR 150 million...

BusinessSeptember 13, 20210

TERAPLAST, NUMBER ONE IN EASTERN EUROPE

By rbj The TeraPlast tradition starts 125 years ago when, in 1896, a ceramic tile processing workshop was set up. Over the years, the company has...

CryptocurrenciesMarch 31, 20220

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...

Banking & FinanceOctober 4, 20190

NBR Governor: Romania does not rush with the of euro adoption

By Edwig Ban In its somewhat encrypted style, the Governor of the National Bank of Romania today stressed that our country will not enter the...

Romania: Peles Castle (Peles National Museum) - Sinaia

https://en.peles.ro/

EconomyApril 6, 20210

Saint-Gobain to invest 45 million euros in a new drywalling production line in Romania

By Jerom Bolt The French group Saint-Gobain announced on Tuesday that it will build the second production line of gypsum boards in Turda, Romania, an...

IT & CJune 12, 20240

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...

ConjunctureMarch 13, 20240

Businesses favor gradual adoption of GenAI as they look to address knowledge gaps

>>>More than a third (38%) of enterprises seek measured, incremental GenAI roll-out; >>>73% point to GenAI concepts and use case knowledge gap; >>>Gap closing...

ConjunctureOctober 12, 20240

Standard & Poor’s agency reaffirms Romania’s sovereign rating and stable outlook

Bucharest, October 12, 2024 - RBJ - Ministry of Finance - S&P agency reconfirms Romania's sovereign rating and stable outlook The S&P rating agency has...

IT & CNovember 9, 20220

The IT industry in Romania exceeded the value of 9 billion euros; in the next two years it will reach 12 million euros

By RBJ The IT market in Romania exceeded the value of 9 billion euros, and in the next two years it could reach over 12...

Science & innovationMarch 26, 20200

Modulab company developed the first prototype of the autonomous disinfection robot in Romania

By Andra Beltz The Modulab research and development laboratory in Bucharest, a multi-disciplinary platform with over 10 years of experience in the field of technological...

Issue of the day

Issue of the DaySeptember 17, 20240

Tens of competitions at the biggest gaming event of the year in Romania:Bucharest Gaming Week will take place on October 12th and 13th

Bucharest, September 17, 2024 - RBJ - Bucharest Gaming Week, the event that brings together gamers and the newest and most popular games of...

Issue of the DayDecember 8, 20220

OMV Austria, the company founded after the Second World War by the Stalinist regime in Moscow, continues the policy of Soviet imperialism

By Constantin Radut In great difficulty after the start of Moscow's war against Ukraine, OMV Austria seeks to obtain advantages from its strong subsidiaries, especially...

Issue of the DayMay 3, 20220

Unusual in Europe: Germany is offended and disregarded by Ukrainian and Polish politicians

By Constantin Radut We lived to see this too: Germany, the great Germany is offended and humiliated by the Ukrainian ambassador in Berlin and by...

Issue of the DayDecember 16, 20230

Embarrassing moment in European diplomacy: Viktor Orban was sent to coffee, listening like a trained puppy, in the peak hour of negotiations regarding Ukraine’s...

Bucharest, December 16, 2023 - # rbj - On the night of Thursday to Friday December 14/15, 2023) EU leaders reached an agreement regarding...

Economy

EconomyMarch 31, 20210

The Czechs from CEZ sold their assets in Romania to the Australians MIRA

By Jerom Bolt The Australians from By Jerom Bolt The Australians from Macquarie Infrastructure and Real Assets (MIRA), manager of alternative assets, announce that they have...

EconomyJune 30, 20200

ALRO S.A., one of the largest vertically integrated aluminium producers in Europe

By Jerom Bolt ALRO S.A. (BSE: ALR, “the Company” or “ALRO”), one of the largest vertically integrated aluminum producers in Europe, measured by production capacity,...

ConjunctureNovember 11, 20220

EC estimates an increase in Romania’s GDP of 5.8% in 2022, 1.8% in 2023 and 2.2% in 2024

By RBJ The European Commission has improved the estimates regarding the growth of the Romanian economy this year, from 3.9% as it anticipated in July...

EconomyJanuary 9, 20250

After becoming the largest gas producer in the EU last year, Romania joins the club of major exporters in Europe

Bucharest, January 9, 2024 - RBJ - Romania became, in the second quarter of 2024, the largest producer of natural gas in the European...

EconomyJanuary 6, 20250

Romania targets 2,500 MW of new capacity in the energy system, with investments in gas-fired and renewable power plants

Bucharest, January 6, 2025 - RBJ - The Ministry of Energy announced on Monday that 2025 is the year in which Romania targets 2,500...

Issue of the DayJanuary 3, 20250

Diplomatic crisis between Warsaw and Budapest. Poland breaks the Visegrad Group and wants to “marginalize ” Hungary in the EU

Bucharest, January 3, 2025 - RBJ - After almost two weeks ago Poland recalled its ambassador to Budapest, today the press on the Vistula...

ConjunctureDecember 23, 20240

Bucuresti-Ilfov region, the richest in the EU. Poverty rate is the lowest in all of European Union

Bucharest, December 25, 2024 - RBJ - According to the latest Eurostat report, the poverty rate remains quite high in the European Union. In...

Markets

Banking & FinanceFebruary 12, 20190

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)...

Capital MarketsDecember 20, 20180

23% of the Alro Group, the largest aluminum producer in Europe, is owned by a Romanian company

By Emea Riga Paval Holding, the investment vehicle of brothers Dragoş and Adrian Pavăl, owners of the retailer Dedeman, owns over 23% of ALRO Slatina...

CryptocurrenciesApril 8, 20220

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...

Banking & FinanceJanuary 10, 20220

Romania’s trade deficit grows at a galloping pace: 21.4 billion euros over 11 months in 2021

By rbj Romania's trade balance deficit (FOB / CIF) amounted to 21.369 billion euros in the first 11 months of 2021, increasing by 4.929 billion...

Tech & Innovation

Romania: Hunedoara Castle

Issue of the day

Markets

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

Business

Bilateral

Romania: Peles Castle (Peles National Museum) - Sinaia

Issue of the day

Economy

Markets

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