RBJ

Huawei ban in Romania could cost economy EUR 2.56 bln

By Edwig Ban The pressure exerted by the Trump Administration to eliminate the Chinese company Huawei from the Romanian market can have a particularly costly impact on the revenues that the state can collect. Although no decision has been made...

60 years of Romanian hydropower; Hidroelectrica manages an installed capacity of 6482 MW

By Edwig Ban Today, October 1, marks 60 years since the commissioning of hydroelectric unit 2 of CHE Stejaru, the first high-power hydropower plant on inland rivers in Romania, which was practically the birth of hydropower in our country. The...

Romania, hub of household appliances. The Chinese Haier Group is building the first fridge factory for the European market

By Jerom Bolt The Chinese group Haier is building its first refrigerator factory in the European Union in Prahova County, Romania. The total investment amounts to 53 million euros, of which 25 million are state aid, according to a statement...

10 years of growth for Fondul Proprietatea with Franklin Templeton at the helm

By Emea Riga Franklin Templeton celebrates on 29 September 10 years since taking over the management of Fondul Proprietatea (“the Fund/FP”), as Investment Fund Manager and Sole Director. The decade marks a period of breakthroughs and major achievements for the Fund...

Ford Puma ST, the first Ford Performance SUV in Europe to build at the plant in Craiova / Romania

By Jerom Bolt American carmaker Ford announced on Thursday that it is launching the most powerful production car made in Romania, in Craiova, Puma ST, the first Ford Performance SUV in Europe and the first sports car ever produced in...

Patriot missile system is operational for Romania’s air defense

By Jerom Bolt On Thursday, September 17, 2020, the reception ceremony of the first Patriot surface-to-air missile took place at the National Air Training Training Center "Brigadier General Ion Bungescu" from Capul Midia, Constanța County. The Minister of National Defense, Nicolae...

AFV Beltrame Group to invest over 11 million euros in the modernization of the rolling mill in Călăraşi

By Andra Beltz AFV Beltrame Group, the main shareholder of Donalam, one of the largest European producers of steel bars and special steels, is investing over 11 million euros in modernizing the rolling mill within the steel plant in Calarasi,...

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 Comvex Constanţa has completed the largest grain terminal in the Port of Constanţa, with a...

BSOG and GSP start work on the submarine pipeline within the Midia – MGD natural gas development project

By Edwig Ban On Thursday morning, the start-up ceremony for the submarine pipeline within the Midia - MGD natural gas development project took place, an important moment for the exploitation of the offshore natural gas field. The American company Black Sea...

Südwolle Group releases the “Yarn World Tour” an innovative digital collection, developed by Tremend

By Jerom Bolt Tremend — the most dynamic Romanian company in Deloitte Technology Fast 500 EMEA top — developed a “world tour of yarn” for Südwolle Group — a worsted spinner of wool and wool blends. The platform supports Südwolle...

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Polish right-wing opposition urges EU reform, floats possible exit talkssp. A cacophony of declarations in Warsaw

Warsaw, October 29, 2029 – RBJ – According to the Polskie Radio SA portal, citing the PAP news agency,...
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