RBJ

The Central Bank decided to increase the monetary policy rate to 6.25 % per annum from 5.50 %

By RBJ The annual inflation rate reached 15.32 percent in August, marginally above the forecast, after having fallen to 14.96 percent in July, from 15.05 percent in June. The increase was almost entirely driven by the continued hike in food...

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 Petromidia Năvodari and Vega Ploiesti refineries. According to Agerpres, the investment effort is estimated at...

Vista Bank took over all the assets of Credit Agricole Romania

By RBJ Vista Bank has completed the merger with Credit Agricole Romania, as a result of which it will hold assets of 1.6 billion euros, the bank informs through a press release. After the merger, Vista Bank will have loans of...

Poland demands $1.3 trillion in war reparations from Germany. And if Germany will ask for Lower and Upper Silesia, West Prussia, and Pomerania, territories...

By Edwig Ban The Polish-German war dance has officially begun. According to the PAP agency, the head of the Ministry of Foreign Affairs, Zbigniew Rau, signed a diplomatic note on Monday, which is to be submitted to the German Ministry...

Romania-US partnership in the nuclear energy sector: the project company RoPower Nuclear SA was launched, owned in equal parts by SC Nuclearelectrica SA and...

By RBJ Nuclearelectrica SA and Nova Power & Gas SRL launch RoPower Nuclear SA, the project company for the development of small modular reactors in Romania, on the site of the former coal-fired power plant in Doicești, Dâmbovița county, according...

The French group ALTEN buys QUALITANCE, the international technology and innovation company founded in Romania

By RBJ QUALITANCE, the international technology and innovation company founded in Romania, has signed an acquisition agreement with ALTEN, according to which the international technology and innovation consulting and services group, operating in 30 countries, has committed to acquire the...

Bitcoin Romania targets between 75-100 new crypto-ATM franchises by the end of the year

By RBJ Bitcoin Romania, the leader of the crypto-ATM market in Eastern Europe and the owner of the largest local cryptocurrency trading platforms, targets to develop with the support of its partners its network of 150 ATMs by the end...

Romania’s government debt is close to 49% of GDP

By RBJ Public administration debt (government debt) rose slightly in July of this year, to 48.8% of the Gross Domestic Product, from 48.3% of GDP in the previous month, according to data from the Ministry of Finance, published on Tuesday. The...

McKinsey & Company: Romania’s digital economy could grow 3.5 times to 52 billion euros in 2030 (2)

By RBJ “Romania is the second largest digital commerce market in CEE after Poland, with Romanians spending on average ~500 euro per capita (~25% lower digital spending compared to peer countries). The COVID-19 pandemic accelerated the uptake of digital commerce...

McKinsey & Company: Romania’s digital economy could grow 3.5 times to 52 billion euros in 2030 (1)

By RBJ Romania's digital economy could grow 3.5 times to around 52 billion euros in 2030 compared to 14.8 billion euros last year, ICT and digital commerce being the main growth drivers, according to the new McKinsey&Company report titled Digital...

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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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