The Romanian Business Journal | – for your business in Romania

Event & OpinionDecember 12, 20240

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

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

Science & innovationDecember 10, 20240

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

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

Aeropspace & DefenceNovember 21, 20240

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

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

EconomyNovember 20, 20240

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

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

Tech & Innovation

Science & innovationMay 8, 20230

The European Cyber Security Competence Center opens its doors in Bucharest

Brussels, May 8, 2023. Tomorrow, May 9, in Bucharest, on the campus of the Polytechnic University, the headquarters of...

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...

Cryptocurrencies

Bitcoin sets a fresh all-time high as the post-US presidential election momentum continues to spur crypto markets

November 19, 2024 0

Bucharest, November 19, 2024 - Simon Peters, cryptoasset market analyst at multi-asset investment platform eToro - Bitcoin has set a fresh all-time high of...

Economy

Romania signed the contract for reactors 3 and 4 at Cernavodă between the national operator Nuclearelectrica and the consortium of companies Flour, Sargent &...

November 15, 2024 0

Bucharest, November 15, 2024 - RBJ - According to a press release from the Ministry of Energy from Bucharest, today the representatives of Nuclearelectrica...

Cryptocurrencies

Binance users can buy cryptocurrencies directly in lei through the Tradesilvania Ramp service

November 15, 2024 0

Bucharest, Cluj- Napoca, November 15, 2024 - RBJ - Binance, the global crypto platform with the largest trading volume in the world, integrates the...

Banking & Finance

The Board of the National Bank of Romania decided to keep the monetary policy rate at 6.50 percent per annum

November 8, 2024 0

Bucharest, November 11, 2024 - RBJ - According to a press release, the National Bank of Romania (NBR) shows that the annual inflation rate fell...

Bilateral

Japanese companies find profitable opportunities on the Romanian market in industry, infrastructure, research and technology. the banking industry

November 5, 2024 0

Bucharest, November 5, 2024 - RBJ - The Japanese delegation, headed by the Deputy Minister of Economy, Trade and Industry from Japan, Shinji Takeuchi,...

Issue of the day

CryptocurrenciesNovember 19, 20240

Bitcoin sets a fresh all-time high as the post-US presidential election momentum continues to spur crypto markets

Bucharest, November 19, 2024 - Simon Peters, cryptoasset market analyst at multi-asset investment platform eToro - Bitcoin has set a fresh all-time high of...

Economy

Romania signed the contract for reactors 3 and 4 at Cernavodă between the national operator Nuclearelectrica and the consortium of companies Flour, Sargent &...

November 15, 2024 0

Bucharest, November 15, 2024 - RBJ - According to a press release from the Ministry of Energy from Bucharest, today the representatives of Nuclearelectrica...

Cryptocurrencies

Binance users can buy cryptocurrencies directly in lei through the Tradesilvania Ramp service

November 15, 2024 0

Bucharest, Cluj- Napoca, November 15, 2024 - RBJ - Binance, the global crypto platform with the largest trading volume in the world, integrates the...

Banking & Finance

The Board of the National Bank of Romania decided to keep the monetary policy rate at 6.50 percent per annum

November 8, 2024 0

Bucharest, November 11, 2024 - RBJ - According to a press release, the National Bank of Romania (NBR) shows that the annual inflation rate fell...

Bilateral

Japanese companies find profitable opportunities on the Romanian market in industry, infrastructure, research and technology. the banking industry

November 5, 2024 0

Bucharest, November 5, 2024 - RBJ - The Japanese delegation, headed by the Deputy Minister of Economy, Trade and Industry from Japan, Shinji Takeuchi,...

Business

NAI Romania: The price of agricultural land has increased by 25-40% in the last decade

November 5, 2024 0

Bucharest, November 5, 2024 - RBJ - The agricultural land market in Romania has seen an upward evolution in the last decade. The price...

Business

OVES Enterprise and Kongsberg Defence & Aerospace Explore a Potential Strategic Partnership for Integrating Nemesis AI into Defense Solutions

November 1, 2024 0

Cluj-Napoca/Romania, November 1, 2024 - RBJ - OVES Enterprise, Romanian software development company specializing in creating complex software solutions and AI innovations for aerospace,...

Tech & Innovation

The innovative solution developed by Aggranda for GreenPoint, recognized at the world’s largest automation and AI event, organized by UiPath in Las Vegas. Aggranda...

October 24, 2024 0

Bucharest, October 24 - RBJ - Aggranda, a leading AI and Automation solutions provider, marks a milestone in digital innovation – the custom solution...

Banking & Finance

The share of public debt remains almost constant in Romania’s GDP. Compared with the Q1 2024, the debt to GDP ratio decreased by 0.6...

October 22, 2024 0

Bucharest, October 22, 2024 - RBJ - The statistical office of the EU, Eurostat, has published the state of public debt in the second...

Bilateral

The Romanian group Electromontaj builds, in partnership, the 400 kV high-voltage overhead line Żydowo Kierzkowo – Pila Krzewina, Poland

October 22, 2024 0

Bucharest, October 22, 2024 - RBJ - The Electromontaj Group announces the conclusion of a new partnership with the Polish national electricity transmission operator,...

Business

Cris-Tim, Romanian food producer, innovates at SIAL 2024, Paris. The Romanian group concluded new partnerships with European retailers

October 22, 2024 0

Bucharest, October 22, 2024 - RBJ - "The Cris-Tim Group is proud to represent Romania at this global fair and to contribute to the...

Markets

Capital MarketsFebruary 12, 20200

Government debt reached 37.1% of GDP

By Emea Riga The debt of the public administration (government debt) totaled at the end of November last year 366.438...

Capital MarketsFebruary 7, 20190

Central bank maintains monetary policy rate at 2.50%

By rbj The National Bank of Romania (BNR) Board decided in its meeting on Thursday to keep the monetary policy...

Capital MarketsNovember 25, 20180

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...

Banking & FinanceJanuary 31, 20230

The EC approves the establishment of the Romanian Investment and Development Bank, with an initial capital of 1.6 billion euros

By RBJ The European Commission has approved, based on the EU rules on state aid, a measure adopted by Romania,...

Banking & FinanceDecember 16, 20190

Bank of China, Bucharest branch, an engine for accelerating Romanian-Chinese cooperation

By Andra Beltz On December 16, 2019, the Bank of China ("BOC" or "Bank") organized, at the Parliament Palace, the...

Economy

Autos & Transportation

Romania, the fourth place in Europe in the number of employees in the automotive industry

October 5, 2021 0

By Emea Riga A report by the Association of European Automobile Manufacturers (ACEA) shows that Romania ranks fourth in Europe in terms of the number...

Conjuncture

4.8%: Romania’s economy in the lead platoon of GDP growth in the first half of 2019

September 6, 2019 0

By Edwig Ban With all the aversion that some economists and journalists show towards Romania, the country's economic growth is one of the strongest in...

Economy

In difficulty and restructuring after the loss of business in Russia, the OMV Group is delaying investments in Romania

November 21, 2022 0

By RBJ The Austrian group OMV became a major regional player in the field of hydrocarbons starting in 2004, after buying the Romanian company PETROM....

Economy

Nuclear energy: France vs Germany

January 5, 2022 0

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....

Business

BusinessFebruary 21, 20240

Romania ranks 1st among 29 countries in mid-term Strive EU Innovation Fund entries

Bucharest, February 21, 2024 - # RBJ - Romania ranks 1st among 29 countries midway through the application process for Strive EU Innovation Fund,...

BusinessJanuary 20, 20220

German company STADA expands production network with EUR50m project in Romania. Greenfield investment in which almost 400 employees will work

By rbj STADA is acting to ensure the group can continue to reliably supply high-quality medicines and healthcare products as a growth leader over the...

BusinessOctober 18, 20230

Apemin Tușnad invites you to discover Water from your comfort zone in a new campaign by MullenLowe Romania

Bucharest, October 18, 2023 - by rbj - Who said routine has to be boring? In a hectic world where routine seems negative and...

BusinessFebruary 13, 20200

Euroclinic Hospital Bucharest, the only hospital in Romania with a Center of Excellence in Breast Pathology

By Emea Riga The Center for the Treatment of Breast Diseases in the Euroclinic Hospital, part of the Regina Maria Health Network, became the first...

Retail & FMCGJune 24, 20190

Ikea opens in Bucharest the largest company’s store in Southeastern Europe

By Andra Beltz The Swedes at Ikea have invested 90 million euros and created 600 new jobs in the new store in Bucharest, inaugurated on...

BusinessMay 25, 20210

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...

Bilateral

Little President Zelensky violates international treaties. Ukraine is abusing Romania’s prudence in the context of the war with Russia

February 22, 2023 0

By Constantin Radut On the secondary agenda of these days, in Romania at least, is the violation of international treaties regarding the Danube Delta, one of the largest in Europe. The Danube branches into 3 arms at the entrance to the...

EconomyJanuary 8, 20220

In Q1 2022, Romgaz Romania signs the contract to take over 50% of Exxon Mobil’s participation in the Neptun Deep offshore gas project on...

By Edwig Ban Sources close to the energy sector inform that the Romanian state gas producer Romgaz (SNG.BX) will pay up to $ 1.07 billion...

Capital MarketsFebruary 7, 20190

Central bank maintains monetary policy rate at 2.50%

By rbj The National Bank of Romania (BNR) Board decided in its meeting on Thursday to keep the monetary policy rate at 2.50 percent per...

EconomyNovember 1, 20220

Agreement between Monsson and Rezolv Energy for the completion of a mega solar park in Romania, over 1 GW, the largest in Europe

By RBJ Monsson, the largest developer of green energy projects in Romania, has signed an agreement with Resolv Energy for the completion of the largest...

Capital MarketsDecember 5, 20230

XTB sets up interest on uninvested funds deposited in RON

Bucharest, Deceember 5, 2023 - # rbj - XTB, the global fintech that offers an online investment platform also available as a mobile app,...

Romania: Peles Castle (Peles National Museum) - Sinaia

https://en.peles.ro/

IT & CNovember 2, 20220

IT Assist receives the “Best Growth Partner 2022” award from Microsoft

By RBJ In the event organized by Microsoft Romania and dedicated to its local partners, the IT Assist company was rewarded with the "Best Growth...

Event & OpinionOctober 7, 20240

Romanian Jewelry Week 2024 or the point where Romanian jewelry comes to life

Bucharest, October 7, 2024 - RBJ - In the first days of October, Bucharest was the epicenter of contemporary jewelry. Romanian Jewelry Week 2024...

BusinessOctober 11, 20220

MedLife and NN are launching NNCare group health insurance, an integrated solution for employee healthcare

By RBJ MedLife, Romania's leading private healthcare provider, rounds out its portfolio of healthcare solutions offered to corporate clients with NNCare group health insurance developed...

BilateralJanuary 10, 20230

Romania-Mexico: open doors to increase trade and economic cooperation

By RBJ The total value of bilateral exchanges between Romania and the United Mexican States in the first ten months of 2022 was 315 million...

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...

BilateralFebruary 8, 20230

Romania-South Korea: civil and military partnerships are under construction. Bilateral trade is over $1 billion

By RBJ Investment opportunities in the fields of the defense industry, communications technology, electronics and infrastructure were analyzed these days in Bucharest between government representatives,...

Issue of the day

Issue of the DayNovember 9, 20220

Black Sea Fund strengthens its team by appointing Andrei Popovici and Iulian Portasă to the Investment Committee

By RBJ Black Sea Fund, an investment fund dedicated to accelerating small and medium-sized companies in Romania, with a capital of over 43 million euros,...

Issue of the DayDecember 14, 20180

First edition of Bucharest Arts and Public Space Festival

By Emea Riga 4Culture Association, in partnership with WASP Studios, launches the first edition of Bucharest Arts and Public Space Festival, which will take place...

Issue of the DayDecember 29, 20180

Romanian Presidency of the Council of the EU

By rbj Starting with 1 January 2019, Romania takes over the rotating presidency of the EU Council. The Government and all political structures are ready...

Issue of the DayOctober 29, 20220

Elon Musk and many world celebrities from the artistic and business world are spending Halloween in Romania at Bran Castle

By RBJ Some of the world’s richest people, including Tesla and SpaceX CEO Elon Musk and famous artists such as Angelina Jolie, will attend a...

Economy

Autos & TransportationJanuary 16, 20200

ACEA: Romania, the most dynamic car market in the EU

By Emea Riga Romania was the second most dynamic car market in Europe, in 2019 announced the Association of European Automobile Manufacturers (ACEA). Sales of...

EconomyDecember 5, 20230

Romania, the only country in the Eastern Bloc of the EU that has integrated the entire nuclear circuit within one company – Nuclearelectrica

Bucharest, December 5, 2023 - # rbj - The Ministry of Energy announces that the Uranium Concentrates Processing Factory, a subsidiary of Societăţii Nuclearelectrica...

EconomyMay 24, 20220

Nuclearelectrica, NuScale & E-Infra sign Memorandum of Understanding to deploy NuScale’s SMR technology on the first SMR site location in Romania

By rbj At the Small Modular and Advanced Reactors Workshop Planning IV held in Bucharest, co-hosted by the U.S. Trade and Development Agency (USTDA) in...

EconomyNovember 20, 20240

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

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

CryptocurrenciesNovember 19, 20240

Bitcoin sets a fresh all-time high as the post-US presidential election momentum continues to spur crypto markets

Bucharest, November 19, 2024 - Simon Peters, cryptoasset market analyst at multi-asset investment platform eToro - Bitcoin has set a fresh all-time high of...

EconomyNovember 15, 20240

Romania signed the contract for reactors 3 and 4 at Cernavodă between the national operator Nuclearelectrica and the consortium of companies Flour, Sargent &...

Bucharest, November 15, 2024 - RBJ - According to a press release from the Ministry of Energy from Bucharest, today the representatives of Nuclearelectrica...

CryptocurrenciesNovember 15, 20240

Binance users can buy cryptocurrencies directly in lei through the Tradesilvania Ramp service

Bucharest, Cluj- Napoca, November 15, 2024 - RBJ - Binance, the global crypto platform with the largest trading volume in the world, integrates the...

Markets

CryptocurrenciesAugust 19, 20220

More than a third of traditional hedge funds now invest in digital assets, nearly double a year ago: PwC Global Crypto Hedge Fund Report...

By rbj Even with the tremendous volatility in the sector, there are many more traditional hedge funds investing in crypto and more specialist crypto funds...

Fund ManagementFebruary 2, 20220

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...

Capital MarketsMay 3, 20230

Agricover Holding announces its IPO at the Bucharest Stock Exchange, starting on May 4

Agricover Holding, one of the most important players on the agribusiness market, announces that it will run the initial public offer for the sale...

Banking & FinanceDecember 2, 20210

Romania’s trade deficit, the largest in the last 30 years

By Edwig Ban The lack of government incentives to promote exports and the negative effects of the Covid-19 pandemic have led Romania to record the...

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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