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...

The Romanian Company Nuclearelectrica SA and Korea Hydro & Nuclear Power (KHNP) announce the start of works on the first tritium removal facility in...

Bucharest, June 10 June, 2024 - RBJ - The National Company Nuclearelectrica SA and Korea Hydro & Nuclear Power (KHNP) announce the start of...

Restart Energy, a Romanian-American company in Romania, is developing a PV of 500 MW, the second largest in Romania

Bucharest, Timișoara, June 3, 2024 - RBJ - Agrovoltaics, a Restart Energy Group company, signes a connection contract with Transelectrica worth 56 million lei,...

Esports Summit 2024: the week of June 3rd through June 9th sees the most gaming events in the country

Bucharest, May 30, 2024 - RBJ - At first glance, the sum of over $5.5 million earned by esports players in Romania over the...

Tech & Innovation

Romanian startup Medicai, a Microsoft partner, targets the markets in Western Europe and the USA

By Edwig Ban Medicai, the Romanian start-up that develops and operates its own online platform for medical imaging, announces the...

Romania: Hunedoara Castle

The Romanian Company Nuclearelectrica SA and Korea Hydro & Nuclear Power (KHNP) announce the start of works on the first tritium removal facility in...

Bucharest, June 10 June, 2024 - RBJ - The National Company Nuclearelectrica SA and Korea Hydro & Nuclear Power (KHNP) announce the start of...

Restart Energy, a Romanian-American company in Romania, is developing a PV of 500 MW, the second largest in Romania

Bucharest, Timișoara, June 3, 2024 - RBJ - Agrovoltaics, a Restart Energy Group company, signes a connection contract with Transelectrica worth 56 million lei,...

Esports Summit 2024: the week of June 3rd through June 9th sees the most gaming events in the country

Bucharest, May 30, 2024 - RBJ - At first glance, the sum of over $5.5 million earned by esports players in Romania over the...

TARA Interactive: Romanian companies accelerate AI solution Implementations. Investments reach up to 10% of revenue

>>> In the next five years, those who delay adopting AI solutions risk being overtaken by companies that embrace these technologies now Bucharest, May 29th,...

The Americans from Black Sea Oil & Gas are launching a new company in Romania in the field of biogas

Bucharest, May 29, 2024 - RBJ - Black Sea Oil & Gas SA (“BSOG”), together with its shareholders, the global investment firm Carlyle (NASDAQ:...

The Romanian company TeraPlast aims to become the market leader in Hungary, where it acquired, at the beginning of the year, the Austrian group...

Budapest/Hungary, May 28, 2024 - RBJ - In an event that took place today in Budapest, today Alexandru Stânean, CEO of TeraPlast Bistrita, from...

Joint Venture for the “Green Energy Corridor” Project between Azerbaijan, Georgia, Romania and Hungary

Bucharest, May 27, 2024 - RBJ - In implementation of the Agreement between the Governments of the Republic of Azerbaijan, Georgia, Romania and Hungary...

The Public Affairs Community of Europe Summit in Bucharest marks the largest expansion of the organization since its establishment

Bucharest, 27 May, 2024 - RBJ - For 2 days, Bucharest has been the European capital of public affairs. On Thursday, May 23, representatives...

Issue of the day

TARA Interactive: Romanian companies accelerate AI solution Implementations. Investments reach up to 10% of revenue

>>> In the next five years, those who delay adopting AI solutions risk being overtaken by companies that embrace these technologies now Bucharest, May 29th,...

The Americans from Black Sea Oil & Gas are launching a new company in Romania in the field of biogas

Bucharest, May 29, 2024 - RBJ - Black Sea Oil & Gas SA (“BSOG”), together with its shareholders, the global investment firm Carlyle (NASDAQ:...

The Romanian company TeraPlast aims to become the market leader in Hungary, where it acquired, at the beginning of the year, the Austrian group...

Budapest/Hungary, May 28, 2024 - RBJ - In an event that took place today in Budapest, today Alexandru Stânean, CEO of TeraPlast Bistrita, from...

Joint Venture for the “Green Energy Corridor” Project between Azerbaijan, Georgia, Romania and Hungary

Bucharest, May 27, 2024 - RBJ - In implementation of the Agreement between the Governments of the Republic of Azerbaijan, Georgia, Romania and Hungary...

The Public Affairs Community of Europe Summit in Bucharest marks the largest expansion of the organization since its establishment

Bucharest, 27 May, 2024 - RBJ - For 2 days, Bucharest has been the European capital of public affairs. On Thursday, May 23, representatives...

Romanians and Americans will produce military and civilian drones in a competitive partnership for both sides

Bucharest, May 24, 2024 - RBJ - Representatives of Carfil and Periscope Avation signed on Friday, at the Black Sea Defense & Aerospace Exhibition...

Cushman & Wakefield Echinox: After a slow Q1 in terms of retail new supply, the rest of the year will be very active, with...

Bucharest, May 23, 2024 - RBJ - The retail market in Romania had a slow start this year in terms of development activity. However,...

Creativity4Better 2024: The largest conference in Europe dedicated to creativity in business returns to Bucharest in an unexpected format

Bucharest, 23 May, 2024 - RBJ - This fall, Bucharest will host the largest event in Europe dedicated to creativity applied in business, marking the...

Developers from the creation teams of the famous games Cyberpunk 2077 and Baldur’s Gate 3 are coming to Dev.Play 2024

Bucharest, May 23 2024 - RBJ - At Dev.Play, the conference dedicated to Romanian and Eastern European video game developers, two key creative people...

Fitch Ratings assigned S.N.G.N. Romgaz S.A. a long-term issuer default rating of ‘BBB-‘, with a stable outlook

Bucharest, May 22, 2024 - RBJ - Societatea Nationala de Gaze Naturale Romgaz S.A. (“Romgaz” or “the Company”) informs its shareholders and investors that...

The chief prosecutor of the ICC requested the issuance of arrest warrants for the Prime Minister of Israel, Benjamin Netanyahu, the Minister of Defense...

Bucharest, May 20, 2024 - RBJ (Source: Agerpres) - The chief prosecutor of the International Criminal Court (ICC), Karim Khan, requested this court on...



Markets

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....

Romania’s foreign exchange reserves are declining. The central bank did not buy a kilogram of gold, although all states in the region have strengthened...

By rbj At the end of February 2022, the foreign exchange reserves at the National Bank of Romania stood at...

The Board of the National Bank of Romania decided to keep the monetary policy rate at 7.00 percent per annum

According to today's press release of the central bank of Romania, The annual inflation rate fell significantly in March...

Romania, among the countries with the lowest public debt: 35% of GDP 9 months in 2018

By Jerom Bolt Romania continues to be one of the countries with the lowest public debt in the European Union,...

Inflation reached 13.8% in April. Monetary policies must be accompanied by diverse and effective economic policies

By Andra Beltz The annual inflation rate rose to 13.76% in April 2022, compared to April 2021, according to data...

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

Alexander International buys Brandl Industries business in Romania and the Czechia

By Edwig Ban Alexander International Holding, founded by Arad businessman Simion Apreutese, buys the Romanian and Czech subsidiaries of the German car component manufacturer Brandl...

The largest grain terminal on the Black Sea inaugurated in Romania

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...

The Chinese invest in Romania: in Calarasi, in the south of the country, one of the most important solar panel factories is being built

Bucharest, April 11, 2024 - RBJ - The photovoltaic panel manufacturer Dahai Solar from China is building a photovoltaic panel factory with an annual...

Commercial production of SMR components for Romania begins. A premiere in the nuclear power industry. NuScale reactors are not technologically and cost-effective

By Edwig Ban According to the Romanian Minister of Energy, Virgil Popescu, in 2022 the manufacture of the components of small modular reactors (SMR) under...

Business

The Romanian group AROBS Transilvania Software acquires the German company Infobest and strengthens its presence in Romania and Germany

Cluj-Napoca/Romania, February 27, 2024 - # RBJ - AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, announces...

Is the whole house coughing? Discover the new Meltus campaign signed by Medic One & MullenLowe Romania

Bucharest, February 5 , 2024 - # RBJ - Medic One and MullenLowe Romania sign the newest Meltus campaign developed for Zentiva, following a...

The National Golf & Country Club is being developed near Bucharest on an area of over 70 hectares

Businessman Metin Doğan is investing over 60 million euros in the development of the National Golf & Country Club, the largest golf resort in...

Antibiotice S.A. Iasi is developing its business in the US and UK markets with new drugs associated with Covid-19

By Emea Riga Against the background of the pandemic with the SARS-CoV-2 virus, while the Romanian hospitals and pharmacies market has substantially reduced its activity,...

NEPI Rockcastle opened one of the largest shopping centers in Craiova, the capital of the southwestern region of Romania

Craiova, Dolj county, October 5, 2023 - by rbj - One of the most powerful investors and developers of shopping centers in Central and...

Danubius and Footprints AI launch the most extensive Retail Media network in Romania and, for the first time, offers SMEs access to Footprints AI...

Bucharest, December 6, 2023 - # rbj - Footprints AI partners with Danubius, the main supplier of Datecs cash registers in Romania, launching the...

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...

Poland wants war against Russia. Ambassador Jan Emeric Rosciszewski in Paris confirmed. An American researcher argues. The PM of Poland seduces us in Bucharest

By Constantin Radut I have said several times that Poland is stressed by its own history. A stressed people can be easily manipulated. A super-excited...

The Americans from Black Sea Oil & Gas are launching a new company in Romania in the field of biogas

Bucharest, May 29, 2024 - RBJ - Black Sea Oil & Gas SA (“BSOG”), together with its shareholders, the global investment firm Carlyle (NASDAQ:...

How was the Romanian people and language born? From the Daco-Roman wars and from the charm and beauty of Dacian women

Bucharest, 18.11.2023 - # rbj - I was very affected when a French publication did an "investigation" regarding the closest foreign languages in relation...

A space station project proposed by a team of Romanian students won second place at the NASA Space Settlement Contest in the US

Timișoara, Bucharest, June 26, 2023 - The ZGRIPTOR project, proposed by a team of eight students from the International College of Computer Science in...

Romania: Peles Castle (Peles National Museum) - Sinaia

https://en.peles.ro/

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...

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 Romanian company TeraPlast aims to become the market leader in Hungary, where it acquired, at the beginning of the year, the Austrian group...

Budapest/Hungary, May 28, 2024 - RBJ - In an event that took place today in Budapest, today Alexandru Stânean, CEO of TeraPlast Bistrita, from...

Japanese company JTEKT, interested in expanding operations in Romania, investment of 125 million euros

By Emea Riga The Minister for Business Environment met with representatives of the Japanese corporation JTEKT on Wednesday. According to a press release the Japanese...

Romania and Bulgaria resume negotiations for the construction of a new hydroelectric plant on the Danube

By RBJ Romania and Bulgaria will resume negotiations to build the hydropower plant from Turnu Măgurele - Nicopol, announced the Minister of Energy, Virgil Popescu. "The...

Fitch Ratings reconfirmed the rating of the Romanian government debt to BBB- / F-3

By Edwig Ban Fitch Ratings on Friday reconfirmed the ratings for long-term debt in local currency and currency of Romania at "BBB minus", the associated...

Issue of the day

Shame on Germany, shame on the EU

By Constantin Radut For several weeks, as we pointed out, Romanians have become a second-hand commodity on the German labor market. Not for now, but...

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...

Alba Orbital to launch pocket-sized satellite built by Romanian High School students with SpaceX in Q1 2023

By rbj Alba Orbital and RomSpace from the International Computing High School of Bucharest today announced a rideshare agreement to launch ‘ROM-2’, Romania’s first PocketQube...

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...

Economy

The German group Rheinmetall acquires the majority stake in the Romanian manufacturer of military vehicles Automecanica Medias

>>> Significant strategic step: Rheinmetall acquires a majority stake of 72.5% in Automecanica SRL, Mediaș/Romania >>> Annual sales potential of approximately 300 million euros...

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....

Serinus Energy commences gas production at the Moftinu Gas Plant in Romania

By Andra Beltz Serinus Energy plc to announce that production has commenced gas production at the Moftinu Gas Plant in Romania Gas from the Moftinu 1003...

Esports Summit 2024: the week of June 3rd through June 9th sees the most gaming events in the country

Bucharest, May 30, 2024 - RBJ - At first glance, the sum of over $5.5 million earned by esports players in Romania over the...

TARA Interactive: Romanian companies accelerate AI solution Implementations. Investments reach up to 10% of revenue

>>> In the next five years, those who delay adopting AI solutions risk being overtaken by companies that embrace these technologies now Bucharest, May 29th,...

The Americans from Black Sea Oil & Gas are launching a new company in Romania in the field of biogas

Bucharest, May 29, 2024 - RBJ - Black Sea Oil & Gas SA (“BSOG”), together with its shareholders, the global investment firm Carlyle (NASDAQ:...

The Romanian company TeraPlast aims to become the market leader in Hungary, where it acquired, at the beginning of the year, the Austrian group...

Budapest/Hungary, May 28, 2024 - RBJ - In an event that took place today in Budapest, today Alexandru Stânean, CEO of TeraPlast Bistrita, from...

Markets

The annual inflation rate was 15.5% in February, from 15.1% in January

By RBJ The annual inflation rate increased to 15.5% in February 2023, from 15.1% in January 2023, in the conditions in which food goods rose...

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...

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,...

Alro enters the BET index of the Bucharest Stock Exchange; it reaches 16 companies

By Jerom Bolt The Bucharest Stock Exchange extends from 15 to 16 the number of companies that will be part of the BET and BET-TR...