RBJ

Poles wait in line to buy coal to warm themselves in the winter. Worse than during communism

By Constantin Radut The Polish government, in the fight with Moscow, took the decision a few months ago to stop importing coal from the Russian Federation. Immediately the prices exploded, and the government promised a subsidy of 3,000 zlotys (approximately...

The most powerful coal-fired power plant in Romania was sold to the Arab group Mass Global Energy. The investor must build a new unit,...

By rbj The thermal power plant Mintia/Deva, Hunedoara county, was bought for 91 million euros by Mass Global Energy Rom, part of the Mass Group Holding group. The event took place during a public auction, the judicial administrator of the...

Standard & Poor’s Global Ratings revised Hungary’s economic outlook from stable to negative

By rbj With all the praise that the press from the country and from "friendly" countries brings to the economic policy of the Viktor Orban government, the economic state of the country is not rosy. This was found by analysts from...

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 satellite, aboard the upcoming ‘Alba Cluster 7’ mission via SpaceX in Q1 2023. ROM-2 (Romanian Orbital...

Romania, the first among the CEE countries with the highest internet speed. In January 2021, the Seedtest Global Index shows that Romania has the...

By rbj In 2021, the European Commission set a 2030 target of achieving gigabit connectivity in all EU households and 5G coverage for all populated areas. Considerable progress has already been made in the rollout of fixed very high capacity...

BVB shares are included in the FTSE Russell indices dedicated to emerging markets

By rbj The shares of the Bucharest Stock Exchange (BVB) will be included, from September 19, in the FTSE Russell indices dedicated to emerging markets, according to an announcement by the operator of our capital market. The BVB shares will be...

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 being created as the digital asset class gains acceptance, according to PwC’s 4th Annual Global...

Romania has the capacity to fully cover, from its own resources, the domestic consumption of natural gas. It is a singular case in the...

By rbj Gas production from the new fields in the Black Sea, operated by Black Sea Oil and Gas (BSOG), will increase by one million cubic meters of gas per day, said today the general director of the national gas...

While Bloomberg and Reuters announce future “disaster” in the economies of Eastern Europe, Eurostat publishes the “disaster” in developed Europe

By Constantin Radut Coincidence or not, Bloomberg and Reuters published almost simultaneously articles predicting "disaster" in Eastern European economies. Poland, Romania, the Czech Republic and Hungary, the most important economies in the region, are considered. "The economies of Eastern Europe are...

SeedBlink acquires Symbid, one of the world’s first investment crowdfunding platforms, in a European consolidation move

By rbj Speedlink, the European co-investment platform in tech startups, has announced it has completed the acquisition of Symbid, one of the world's first investment crowdfunding platforms. The deal is set to accelerate SeedBlink coverage as a pan-European player, broadening...

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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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