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Banking & Finance

Inflation in the EU: Hungary is the champion again in April. Romania shows a significant decrease in the Eastern Bloc

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Brussels, April 17, 2023 – Inflation is starting to deflate in most states in the European Union, excluding Hungary, which continues to break all records. The euro area annual inflation rate was 7.0% in April 2023, up from 6.9% in...
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Banking & Finance

The inflation rate is decreasing in the EU. In the Eastern bloc of the European community, Romania, Bulgaria, and Slovenia have the lowest levels

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Today, Eurostat published the annual state of inflation in March 2023. Both in the euro area and in the EU as a whole, this indicator that reflects the economic and social state is constantly decreasing compared to the previous...
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Conjuncture

The Romanian economy is doing well, GDP increased by 4.8% in 2022 compared to 2021. Technical recession in the Czechia, Hungary, disappointment in Poland

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By RBJ According to Eurostat, the economy of the EU and the Eurozone escaped recession in 2022. Germany was close to sinking, but it is not excluded that this will happen in 2023, due to the dependence on China and...
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Autos & Transportation

Romania, in 6th place in the EU for passenger car production, in 9 months 2022, ahead of Italy and Hungary

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By RBJ Romania ranks sixth in car production in the European Union, with an average of over 40,000 vehicles per month. Our country produces more than countries like Italy and Hungary, but less than the Czech Republic or Slovakia. The latest...
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Conjuncture

A quarter of the EU states have entered the antechamber of technical recession. In Q3 2022, Romania registers a GDP growth of 4.7%, after...

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By RBJ Eurostat's flash data for the 3rd quarter show that most EU states are registering a strong slowdown in economic growth. Seasonally adjusted GDP increased by 0.2% both in the euro area and in the EU, compared with the previous...
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Issue of the Day

The European Commission is ready to suspend funds of 7.5 billion euros intended for Hungary, due to corruption

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By RBJ According to the private press agency from Romania, news.ro, the European Commission recommended on Sunday the suspension of funds worth 7.5 billion euros intended for Hungary, due to corruption. This would be the first case in the Union...
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Event & Opinion

European Parliament: Hungary has a “hybrid regime of electoral autocracy; Hungary can no longer be considered a full democracy

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By RBJ The European Parliament on Thursday adopted a report in which it condemns the "deliberate and systematic efforts of the Hungarian government" to undermine European values ​​and calls for results in the process provided for in Article 7 of...
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IT & C

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

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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...
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Banking & Finance

Inflation reached 7.9% in Romania in February. The largest increases were in Lithuania, Estonia, and Czechia. France has the lowest inflation rate in the...

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By Jerom Bolt Inflation is rising sharply in the European Union, both in the euro area and in the rest of the states, according to the latest Eurostat press release. The euro area annual inflation rate was 5.9% in February 2022,...
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Business

The European sunflower oil market will be dominated, in 2022, by Romania, Bulgaria, and France

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By Edwig Ban The military conflict between the Russian Federation and Ukraine has immediate consequences in food supply flows as well. These include cereals and oilseeds, especially sunflowers. Both the Russian Federation and Ukraine, the largest European producers, and among...
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Event & Opinion0

The giant Google turned 25 years old. Happy Birthday!

Bucharest, September 27, 2023 - rbj - Today, September 27, Google celebrates 25 years since it was launched. In...
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Business

The Agricultural Cooperative “Țara mea” delivers Romanian caviar to the market and begins shrimp production

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Bucharest, September 27, 2023 - "Țara mea" Integrated Agricultural Cooperative, the largest in Romania by turnover and number of members, delivered a ton of...
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Agriculture

Record production in Romanian agriculture, 23% higher than in 2022

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Bucharest, September 26, 2023 - Farmers have harvested 99% of the areas cultivated with wheat, barley, oats and rapeseed for oil, and productions are...
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Fara categorie

The largest edition of Romanian Jewelry Week – over 230 designers, 8 collective exhibitions, 4 connex cultural locations

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Bucharest, September 26, 2023 - The Association Assamblage continues this year's contemporary jewelry marathon with the most extensive event dedicated to jewelry in Bucharest...
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Aeropspace & Defence

Romania will purchase 32 5th-generation F-35 aircraft

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Bucharest, September 26, 2023 - According to well-informed sources, the Ministry of Defense of Romania has officially requested the approval of the Parliament to...
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The Romanian Business Journal
Constantin Radut
Editor in Chief
031726 Bucharest, Romania
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