RBJ

Romanian company ABN Systems opens US subsidiary to expand Tellur sales, wants to enter Canadian and Mexican markets

By rbj ABN Systems International, a company on the telecom accessories and smart home products market in Romania, which owns the Tellur accessories brand, has opened a subsidiary in the USA, to expand its own brand sales. "ABN Systems International, which...

Romania, the largest exporter of corn in the EU and ranks second in wheat and barley

By rbj Exports of soft wheat from the European Union in the 2021/22 season, which began on July 1 last year, reached 16.92 million tons by February 6, 2022, according to data published on Tuesday by the European Commission, Reuters...

Frightened by rising inflation to 8.2% in December, the central bank decided to increase the monetary policy rate to 2.50%

The Board of the National Bank of Romania, having convened for the meeting of 9 February 2022, decided: -to increase the monetary policy rate to 2.50 percent per annum, from 2.00 percent per annum, as of 10 February 2022; -to raise...

Romania relies on IT: The newly created value in the software and services industry represents about 6.2% of GDP

By rbj The newly created value in the software and services industry is about 6.2% of Romania's GDP, which amounts to about 13.6 billion euros, according to a study by the Employers' Association of the Software and Services Industry (ANIS). "We...

Trade deficit at a worrying level. Currency losses are equivalent to Romania’s exports for three months

By Emea Riga Romania's trade deficit is growing year by year. And this is due to the excessive dependence of intra-community trade, ie with the EU member states. We are the only EU country that exports and imports from the...

Romgaz’s crude methane gas production increased by 11.3% in 2021

By Jerom Bolt The largest natural gas producer in Romania last year recorded an increase in crude methane gas production of 11.3%, compared to 2020. However, production remains below the levels reached before the outbreak of the pandemic. Romgaz states that...

European Startup Universe accessible to Romanian companies for business development

By rbj The founders of tech startups at the beginning of the road are invited to join the European Startup Universe, Europe's largest incubator, which provides access to a global network of founders, investors and experts in various business fields,...

The energy crisis is the effect of the bureaucratic directives of the European Union (2)

By Constantin Radut The resumption of economic growth following the Covid-19 pandemic has found Europe and many other countries in a state of disarticulated energy. The energy from fossil resources is destructured, and the energy from renewable energies is unsustainable...

The demographic disaster in Hungary continues. The largest drop in population in the last 146 years. Viktor Orban’s government blames the population

By rbj Hungary has suffered the sharpest decline in population since 1876, if only the years of peace are taken into account, due to the impact of the pandemic, reports EFE, quoted by Agerpres. According to official preliminary data, a total...

The energy crisis is the effect of the bureaucratic directives of the European Union (I)

By Constantin Radut Since last fall, week after week, governments and companies, as well as home consumers, have been facing a bigger energy crisis than in the 1970s. At the time, the rise in fuel prices and heating systems was...

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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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