RBJ

Romania’s GDP growth in the EU’s leading platoon in Q1 2022. Forecasts are contradicted by reality

By Jerom Bolt The signal estimates published today by Eurostat announce a different reality than the estimates of the IMF, the World Bank or the European Commission. In the first quarter of August 2022, the economies of most EU countries...

Instant Factoring and TechVentures Bank are associating for Romanian small and medium businesses to receive financing more easily

By rbj Instant Factoring, the first online micro-factoring fintech in Romania, that is dedicated to small and medium companies and microenterprises, and TechVentures Bank, the Romanian universal bank with a tradition of 13 years on the market, are partnering to...

Carpathian, the first single malt whiskey produced in Romania will be launched this month on international markets

By rbj According to thespiritsbusiness.com, the first single malt whiskey from Romania will be introduced to international markets with a global tour commencing on World Whiskey Day (21 May). Alexandrion Group, Romania’s largest spirits and wine producer and distributor, will showcase...

Inflation reached 13.8% in April. Monetary policies must be accompanied by diverse and effective economic policies

By Andra Beltz The annual inflation rate rose to 13.76% in April 2022, compared to April 2021, according to data released on Wednesday by the National Institute of Statistics (INS). Non-food goods increased by 16.35%, food by 13.54%, and services...

The National Bank of Romania decided to increase the monetary policy rate to 3.75 percent per annum, from 3.00 percent per annum

By rbj As a result of the internal and European economic conjuncture, the Board of the National Bank of Romania, having convened for the meeting of 10 May 2022, decided: >>> to increase the monetary policy rate to 3.75 percent...

Techcelerator launches the Investment Readiness Program #2, dedicated to high-tech startups in Romania and Southeast Europe that want to attract SEED investments

By rbj Techcelerator, the most active accelerator for technology startups in Romania, is running, in partnership with its investment partners and SeedBlink platform, the second edition of the Investment Readiness Program, which prepares technology startups to attract SEED investors and...

Unusual in Europe: Germany is offended and disregarded by Ukrainian and Polish politicians

By Constantin Radut We lived to see this too: Germany, the great Germany is offended and humiliated by the Ukrainian ambassador in Berlin and by Polish politicians. It almost doesn't matter why. The fact itself was inconceivable until yesterday, when...

Romgaz becomes equal shareholder with OMV Petrom in the largest energy project for gas extraction in the deep perimeter of the Black Sea

By Jerom Bolt Romgaz, the largest natural gas producer in Romania, signed today the sale-purchase contract of all shares issued (representing 100% of the share capital) by ExxonMobil Exploration and Production Romania Limited (EMEPRL). EMEPRL owns 50% of the acquired...

Pessimistic estimate for the Romanian economy: growth of 2.9% in 2022, unemployment of 5.4%

By Andra Beltz The National Strategy and Forecast Commission (CNSP) revised down by 1.4 percentage points, to 2.9% the growth estimate of the Romanian economy for this year, from 4.3% as previously forecast. In the spring version of the Medium Term...

Commercial production of SMR components for Romania begins. A premiere in the nuclear power industry. NuScale reactors are not technologically and cost-effective

By Edwig Ban According to the Romanian Minister of Energy, Virgil Popescu, in 2022 the manufacture of the components of small modular reactors (SMR) under the NuScale license starts. Korean company Doosan Enerbility is set to start production of NuScale Small...

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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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