DeFi

Cryptocurrencies

Romanian startup Elrond acquiring Utrust, a Portuguese cryptocurrency payment solutions company

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By rbj Elrond, a Romanian startup, an Ethereum competitor touting throughput on the order of 100,000 transactions per second, is acquiring Utrust, a Portugal-based cryptocurrency payments firm. By acquiring Utrust, Elrond wants to achieve two goals. On the one hand, payments...
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Cryptocurrencies

Did cryptocurrencies stir up riots in Kazakhstan? Anyway, Europe has become the world capital of virtual currencies

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By Edwig Ban Many independent observers believe that the crypto mines in Kazakhstan have, among other causes, been at the root of the riots in these days. The former Soviet republic had become the world's largest producer of cryptocurrencies, with...
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Latest News

Bilateral0

King Charles III visiting Romania: “I always felt at home in Romania”

King Charles III arrived in Romania, in Bucharest, on Friday. The British sovereign coming to make a five-day private...
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Business

Pork preparations, sold on the US market by a Romanian company

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Vascar, one of the main producers of meat preparations and preserves in Romania, received accreditation to export pâtés and preserves from pork to the...
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Bilateral

Over 13 thousand companies with Chinese capital are registered in Romania. China is Romania’s second commercial partner outside the EU

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The total volume of Romanian-Chinese trade was 9 billion dollars in 2022, up 3.1% compared to the previous year, the People's Republic of China...
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Banking & Finance

The financial market brought down OTP Bank Romania; the Hungarian bank’s market share remained insignificant, below 2%

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Bucharest, 24.05.2023 – The bad news about Hungary continues. After the isolation, until the exclusion from the Visegrad Group, the strained relations with Brussels, the...
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IT & C

FlowX.AI, the Romanian-born US startup, raises a $35 million Series A funding round

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Bucharest, Mai 21, 2023 - FlowX.AI, the world’s first AI enterprise application modernization platform for large financial services organizations, today announces that it has...
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The Romanian Business Journal
Constantin Radut
Editor in Chief
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