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

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. Romania is the second country in Europe that has significant oil and gas deposits. After buying...

Romania, in 6th place in the EU for passenger car production, in 9 months 2022, ahead of Italy and Hungary

By RBJ Romania ranks sixth in car production in the European Union, with an average of over 40,000 vehicles per month. Our country produces more than countries like Italy and Hungary, but less than the Czech Republic or Slovakia. The latest...

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 manager of Franklin Templeton Bucharest, said on Tuesday, in a press conference held after the Extraordinary and Ordinary General Meeting...

Meta Boost program for SMEs in Romania

By RBJ A new platform that will allow small and medium enterprises (SMEs) to learn, stay connected and progress has been launched in Romania by Meta. According to a company press release, the Meta Boost Program is a free online training...

Nuclearelectrica and the Italian group Beltrame signed an MoU for collaboration in the development of SMR in Romania

By RBJ Nuclearelectrica and the Italian group Beltrame signed an MoU for collaboration on the development of SMR in Romania, according to a company press release SN Nuclearelectrica SA, the only nuclear producer in Romania and a strategic contributor to Romania's...

A quarter of the EU states have entered the antechamber of technical recession. In Q3 2022, Romania registers a GDP growth of 4.7%, after...

By RBJ Eurostat's flash data for the 3rd quarter show that most EU states are registering a strong slowdown in economic growth. Seasonally adjusted GDP increased by 0.2% both in the euro area and in the EU, compared with the previous...

German food retail chains, a real source of infection for the health of Romanians. Kaufland and Lidl are leaders in crimes on the Romanian...

By Constantin Radut The two German brands, present on the Romanian market for about two decades, do not miss any inspection by the Consumer Protection Authority (ANPC) without registering sanctions for By Constantin Radut The two German brands, present on the...

EC estimates an increase in Romania’s GDP of 5.8% in 2022, 1.8% in 2023 and 2.2% in 2024

By RBJ The European Commission has improved the estimates regarding the growth of the Romanian economy this year, from 3.9% as it anticipated in July to 5.8%, according to the autumn economic forecasts, published on Friday. In the first semester of...

Inflation engines are slowing down, the annual rate dropped to 15.3% in October, compared to 15.8% in September

By RBJ The annual rate of inflation dropped to 15.32% in October this year, from 15.88% in September, as the prices of food goods increased by 20.58%, those of non-food goods were higher by 14.37%, and services were more expensive...

Continental is expanding its production of electronic components in Romania, with an investment of 40 million euros

By RBJ Continental has completed the construction of the third expansion of the electronic components factory in Timisoara, with an investment of approximately 40 million euros, according to a company press release. With the new investment, the production area will increase...

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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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