RBJ

Huawei has opened the first Huawei Experience Store in Romania

By Emea Riga Huawei, a technology leader and the world's second largest smartphone maker, inaugurated the first Huawei Experience Store in Romania. The Huawei Experience Store will give consumers the opportunity to discover and become familiar with the interconnected and...

Romania acquires attack helicopters. Possible agreement with the US

By Jerom Bolt The Minister of Economy, Niculae Bădălău, today, on the occasion of the ministry's balance sheet for 2019, spoke about the purchase of helicopters for the Romanian Army. The Romanian official stressed the need for such a purchase and...

Romania to launch auction for the concession of 28 new perimeters of oil and gas on an area of 1000 km2

By Edwig Ban The National Authority for Mineral Resources, ANRM, announced that it offers publicly the concession of exploration, development and oil exploration operations of 28 perimeters within the XIth Auction Round, according to an order of the ANRM President,...

Lukoil begins the drilling in the Romanian Black Sea for the gas fields

By Edwig Ban After achievement permission from the Romanian authorities, Lukoil, the third investor interested in the Black Sea gas, will start drilling this autumn and will be carried out by a platform of the Italian company Saipem. Italian company Saipem,...

StillCanna: Romania will become a major CBD producer in Europe

By Jerom Bolt StillCanna, a Canadian company specializing in cannabis oil production from hemp leaves, will open in the last quarter of 2019 the world's first large-scale cannabidiol extraction plant, after an investment of about $ 1.8 million. The unit, located...

Ford Romania uses cobots on the assembly line of the plant in Craiova

By Edwig Ban Ford Romania continues to introduce new technologies in its plant in Craiova, and this time the EcoBoost engine factory with the capacity of one liter is targeted. The American manufacturer has acquired 4 collaborative robots, also called...

Romania’s GDP grows by 34% in 2019 compared to 2016

By Andra Beltz Romania's economic growth will be more than 5% next year, because there is great potential. The government will promote many measures on the economic area and the tax evasion to support the economy, Minister of Public Finance...

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 to a report by the British company BP worldwide. The main producer in the EU was...

OMV Petrom estimates investments of nearly $ 1 billion in 2019

By Emea Riga OMV Petrom estimates investments of 4 billion lei (almost $ 1 billion) for the whole of 2019, 75% going to the Upstream operating and production segment. After the first six months the company reported investments of 1.7...

Central Bank of Romania keepts monetary policy interest rate at 2.50% for the 8th consecutive time

By Edwig Ban The Board of the National Bank of Romania (BNR) announced on Thursday that the monetary policy rate should remain at 2.50% per annum. This is the eighth consecutive time when the BNR decides to keep the interest...

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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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