The Romanian Neptun Deep project in the Black Sea is progressing according to schedule. The Transocean Barents drilling platform will drill the 10 wells...

Bucharest, February 14, 2025 - RBJ - Representatives of the Romanian Government visited the Transocean Barents platform on Friday, which will drill for a...

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

Bucharest, February 14, 2025 - RBJ - In its meeting of 14 February 2025, the Board of the National Bank of Romania decided the...

The first wax paper factory in Eastern Europe opens in Iasi, an innovative solution to reduce plastic consumption

Bucharest, February 13, 2025 - RBJ - Romania opens the first wax paper factory in Eastern Europe, on the Exonia industrial platform in Iasi,...

Klaus Iohannis, the first president in Romanian history to end his term by resigning, a shameful and undignified resignation

Bucharest, February 12, 2025 - RBJ - Today, Klaus Iohannis, the fourth president of the post-communist period of Romania, ended his term by resigning....

Tech & Innovation

Techcelerator and Google launch “Advancing AI #3”, an accelerator program dedicated to South East European start-ups

By RBJ Techcelerator, the most active accelerator in Romania, and Google for Startups are announcing the launch of the third...

Romania: Hunedoara Castle

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

Bucharest, February 14, 2025 - RBJ - In its meeting of 14 February 2025, the Board of the National Bank of Romania decided the...

The first wax paper factory in Eastern Europe opens in Iasi, an innovative solution to reduce plastic consumption

Bucharest, February 13, 2025 - RBJ - Romania opens the first wax paper factory in Eastern Europe, on the Exonia industrial platform in Iasi,...

Klaus Iohannis, the first president in Romanian history to end his term by resigning, a shameful and undignified resignation

Bucharest, February 12, 2025 - RBJ - Today, Klaus Iohannis, the fourth president of the post-communist period of Romania, ended his term by resigning....

Cushman & Wakefield Echinox: Increased supply of industrial & logistics spaces in 2024, as the stock reached almost 7.6 million sq. m

Bucharest, February 2025 - RBJ - Developers completed new projects with a leasable area of 572,000 sq. m across the country in 2024, reflecting...

Randstad Romania HR Trends 2025 Study: Higher Salaries by 6-10% for Romanian Employees in 2025

Bucharest, February 7, 2025 - RBJ - Over 80% of employers in Romania plan to raise salaries in 2025, with most increases expected to...

Genuin, a growing start-up, 3 years of sustainability and innovation in the home & deco industry in Romania

Bucharest, February 6, 2025 - RBJ - Genuin, the Romanian family-owned brand specializing in organic home & deco products made from 100% European linen,...

The Government approved the draft budget for 2025: economic growth of 2.5%, inflation of 4.4% and investments of 7.8% of GDP

Bucharest, February 1, 2025 - RBJ - The Government adopted on Saturday, February 1, the draft budget for 2025 and sent it to Parliament...

OVES Enterprise accelerates innovation investments, allocating €3 million for R&D in 2025

Cluj-Napoca/Romania, January 28th, 2025 - RBJ - OVES Enterprise, a Romanian software development company specializing in complex software solutions and AI innovations for the...

Issue of the day

Cushman & Wakefield Echinox: Increased supply of industrial & logistics spaces in 2024, as the stock reached almost 7.6 million sq. m

Bucharest, February 2025 - RBJ - Developers completed new projects with a leasable area of 572,000 sq. m across the country in 2024, reflecting...

Randstad Romania HR Trends 2025 Study: Higher Salaries by 6-10% for Romanian Employees in 2025

Bucharest, February 7, 2025 - RBJ - Over 80% of employers in Romania plan to raise salaries in 2025, with most increases expected to...

Genuin, a growing start-up, 3 years of sustainability and innovation in the home & deco industry in Romania

Bucharest, February 6, 2025 - RBJ - Genuin, the Romanian family-owned brand specializing in organic home & deco products made from 100% European linen,...

The Government approved the draft budget for 2025: economic growth of 2.5%, inflation of 4.4% and investments of 7.8% of GDP

Bucharest, February 1, 2025 - RBJ - The Government adopted on Saturday, February 1, the draft budget for 2025 and sent it to Parliament...

OVES Enterprise accelerates innovation investments, allocating €3 million for R&D in 2025

Cluj-Napoca/Romania, January 28th, 2025 - RBJ - OVES Enterprise, a Romanian software development company specializing in complex software solutions and AI innovations for the...

Manifesto against the Green Deal. The Romanian Minister of Energy: “What can hold us back is a suffocating bureaucracy and a Green Deal that...

Bucharest, January 21, 2025 - RBJ - The Romanian Minister of Energy, Sebastian Burduja, immediately reacted to the decisions of the new American President...

American Romanian Business Roundtable, a platform designed to strengthen Romanian-American relations in the field of defense

Bucharest, January 20, 2025 - RBJ - According to press information, Dr. Nawaf Salameh and General James L. Jones are launching the American Romanian...

Romania present at the world’s largest organic products fair, BioFach 2025, Nuremberg, Germany

Bucharest, January 18, 2025 - RBJ - The Bio-Romania Association, supported by the Romanian Government through the Romanian Investment and Foreign Trade Agency, invites...

Meowdini, the first Romanian meme coin which revolutionizes the fight against disinformation

>>> The first Romanian meme coin that aims to combat disinformation proves that modern technology can be a powerful ally. The official launch of...

NBR Board: to keep the monetary policy rate at 6.50 percent per annum; uncertainties regarding the evolution of the inflation rate

Bucharest, January 15, 2025 - RBJ - According to a press release, in its meeting of January 15, 2025, the Board of the National...

Polish-style military security: anti-tank mines lost during transport found near IkEA store

Bucharest, January 14, 2025 - RBJ - For several weeks, the Polish press has been reporting details of an investigation into the careless loss...



Markets

Standard & Poor’s confirmed Romania’s rating at “BBB- / A-3” and maintained negative outlook

By Jerom Bolt Standard & Poor's (S&P) on Friday confirmed Romania's rating at "BBB- / A-3" for long-term and short-term...

Bitcoin gains $3,000 in past week. This week could be pivotal in seeing if crypto has turned a corner and is moving out of...

Bucharest, October 23, 2023 - by Simon Peters, cryptoasset market analyst at eToro - Bitcoin saw significant gains over...

After 20 years of presence in Romania, OTP Group sells OTP Bank Romania. The buyer is Romania’s market leader, Banca Transilvania

Bucharest, February 9, 2024 - # RBJ - Banca Transilvania today signed a binding agreement with OTP Group to...

The government finalizes the operational details of the future Development Bank of Romania

By RBJ A draft Government Decision, published by the Ministry of Finance, establishes the final details of the Romanian Development...

Fondul Proprietatea lists on the Bucharest Stock Exchange its participation in Hidroelectrica, estimated at over 12 billion lei (approx. $2.5 billion)

By RBJ Fondul Proprietatea shareholders voted for the listing of Hidroelectrica on the Bucharest Stock Exchange, Johan Meyer, the general...

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

Mazarine Energy: Romania has reserves of one billion barrels of oil, we will continue to invest in the on-shore area

By Emea Riga While the Austrians at OMV are exploiting the most cost-effective crude oil resources and sabotaging our off-shore projects, Americans have reported the...

Ford Craiova will manufacture over 1000 vehicles per day in 2020

By Jerom Bolt This year, Ford Craiova is set to reach a new record in terms of vehicle production, over 1000 vehicles built per day,...

Covid 19 deeply bites EU economies: in Q2, Romania’s GDP is declining by 12.3%, Poland, Hungary enter technical recession

By Constantin Radut Eurostat information indicates the adjustment of the Romanian economy in the second quarter of this year with the most severe rhythm since...

Visteon Corporation opens a new development center in Romania

By Emea Riga Visteon Corporation (Nasdaq: VC), the only automotive company specializing exclusively in the design and production of electronic board components, opens a new...

Business

Antibiotice Iasi has won the EC tender for the delivery in Europe of the antibiotic AmoxiPlus

By Andra Beltz Antibiotice Iaşi SA has won the tender organized by the European Commission for the product AmoxiPlus (amoxicillin / clavulanic acid - sterile...

Arcona Property Fund come to the real estate market in Romania

By Emea Riga Arcona Property Fund, a closed-end investment fund listed on Euronext Amsterdam that manages EUR 94.8 million worth of assets in the Czech...

Participation in CPhI Worldwide – the Romanian Antibiotice brand increasingly present on the international pharmaceutical markets

By RBJ Between November 1-3, 2022, Antibiotice Iași is present in Frankfurt, at the most important exhibition event of the world pharmaceutical industry, CPhI Worldwide....

Rompetrol Rafinare runs out an extensive modernization program of the two refineries; $40 million investments

By RBJ This year, Rompetrol Rafinare initiated an extensive program of maintenance, rehabilitation and modernization of the storage capacities for the products obtained in the...

ELBA Timisoara , the most important producer of lighting products and lighting systems in the CEE

By Edwig Ban Founded in Timişoara, Romania with a tradition of almost 100 years, ELBA is the most important producer of lighting products and lighting...

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

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 Minister of the Department of Relations and Cooperation of South Africa, Mr. Alvin Botes, on...

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...

GRAMPET GROUP, FIRST ROMANIAN MULTINATIONAL COMPANY

By Jerom Bolt The Romanian private capital asserted slowly but surely. This reality is demonstrated by the Grampet Group. Grampet Group is the largest private rail...

FlowX.AI, the Romanian-born US startup, raises a $35 million Series A funding round

Bucharest, Mai 21, 2023 - FlowX.AI, the world’s first AI enterprise application modernization platform for large financial services organizations, today announces that it has...

S&P reconfirms Romania’s BBB-/A-3 rating. The agency reduced the growth forecast for 2022 to 2.1%, and for 2023 to 4.5%

By Jerom Bolt Standard & Poor's has reconfirmed Romania's sovereign debt rating at BBB- / A-3 for long-term and short-term local and foreign currency debt,...

Romania: Peles Castle (Peles National Museum) - Sinaia

https://en.peles.ro/

ICI Bucharest – founding member of “CITI Cluster”, International Technical Center for Innovation in Smart City

Bucharest, November 9, 2023 - # rbj - Today, November 9, 2023, Adrian-Victor Vevera, the general director of ICI Bucharest, signed the founding statute...

The BSOG project – a huge step toward Romania’s energy independence in the natural gas sector. Romania is the only EU country that does...

By rbj The Prime Minister of Romania, Nicolae Ciucă, declared on Tuesday on the occasion of the beginning of the gas production within the Midia...

Brasilian company Stefanini launch a new joint venture in Romania

By Emea Riga One of the leading global providers of tech solutions for businesses, Stefanini announces the launch of a new joint venture in Romania,...

Romania, the fourth largest producer of oil in the EU and the second one after the reserves discovered

By Emea Riga Romania was last year fourth in the European Union in terms of oil production, with 3.6 million tonnes, down 2% year-on-year, according...

Hungary (small) becomes even smaller

By C.R. One of the most dramatic problems in Hungary is the steady decline in population over the last 40-50 years. This has not only...

New record highs on Bucharest Stock Exchange. The capital market goes up by 40 % to new all-time highs. The companies listed on BVB...

By rbj >>>The cumulative value of transactions with all types of financial instruments on the Regulated Market of the Bucharest Stock Exchange (BVB) exceeded, for...

Issue of the day

The Metaverse: The next frontier of human and work experience (II)

By Claudia Sofianu And if we go further, we could talk about the metaverse creation, sale, and purchase of digital properties and assets (such as...

Western illiberalism destroys the future of Europe

By Constantin Radut I am a fan of Télévision Suisse Romande, TSR, broadcast on TV5. I always see a well-coordinated show, presented professionally and without...

Will the grains from Ukraine again invade the railways and naval transport from Romania? The hypocrisy of the UN and the Western states

Bucharest, July 18, 2023 - Today, at the request of the Russian Federation, grain from Ukraine is again under the Russian embargo. Any ship...

Romania is one of the countries that can play a key role in the trade exchanges between Asian and European countries

Gebrüder Weiss Opinion Bucharest, 6 September 2023 - In the current geopolitical and economic context, where the conflict between Russia and Ukraine has generated a...

Economy

The employment rate of the population increased in Q3 to 71.8%, above the national target for 2020

By Emea Riga The employment rate of the population aged between 20 and 64 in Romania, an indicator of the degree to which the population...

Moody’s agency confirms the robust medium-term growth outlook for the Romanian economy

Bucharest, November 4, 2023 - # rbj - Moody's Investors Service confirmed on Friday Romania's long-term rating at "Baa3", with a stable outlook, and...

WAR OF THE MULTIROLE CORVETTEs: The Dutch from Damen lose the process with the Romanian state. What’s next?

By Constantin Radut A new episode took place between the French from Naval Group and the Dutch from Damen for the 1.6 billion euros allocated...

Klaus Iohannis, the first president in Romanian history to end his term by resigning, a shameful and undignified resignation

Bucharest, February 12, 2025 - RBJ - Today, Klaus Iohannis, the fourth president of the post-communist period of Romania, ended his term by resigning....

Cushman & Wakefield Echinox: Increased supply of industrial & logistics spaces in 2024, as the stock reached almost 7.6 million sq. m

Bucharest, February 2025 - RBJ - Developers completed new projects with a leasable area of 572,000 sq. m across the country in 2024, reflecting...

Randstad Romania HR Trends 2025 Study: Higher Salaries by 6-10% for Romanian Employees in 2025

Bucharest, February 7, 2025 - RBJ - Over 80% of employers in Romania plan to raise salaries in 2025, with most increases expected to...

Genuin, a growing start-up, 3 years of sustainability and innovation in the home & deco industry in Romania

Bucharest, February 6, 2025 - RBJ - Genuin, the Romanian family-owned brand specializing in organic home & deco products made from 100% European linen,...

Markets

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

București, 4 octombrie 2024 - RBJ - În ședința din 4 octombrie 2024, Consiliul de Administrație al Băncii Naționale a României a hotărât următoarele: >>>...

The end of digital currencies? Voyager Digital provides market update

By rbj Voyager Digital LLC, the operating platform of Voyager Digital Ltd. ("Voyager" or the "Company") , announced it is temporarily suspending trading, deposits, withdrawals...

eToro: The crypto market continues to attract through turbulence and uncertainty

Bucuresti, January 9, 2024 - # rbj - Simon Peters, cryptoasset market analyst at multi-asset investment platform eToro Please see below the latest crypto market...

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

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