market

The IT industry in Romania exceeded the value of 9 billion euros; in the next two years it will reach 12 million euros

By RBJ The IT market in Romania exceeded the value of 9 billion euros, and in the next two years it could reach over 12 billion euros, according to the results of the latest market study carried out by the...

Cushman & Wakefield Echinox: The real estate and construction sector has attracted around 12 billion euros of FDI in the last 10 years

By RBJ The real estate and construction sector has attracted around 12 billion euros of foreign direct investments (FDI) in the last ten years, as the share of this economic activity in the overall FDI stock increased to a level...

Bitcoin Romania targets between 75-100 new crypto-ATM franchises by the end of the year

By RBJ Bitcoin Romania, the leader of the crypto-ATM market in Eastern Europe and the owner of the largest local cryptocurrency trading platforms, targets to develop with the support of its partners its network of 150 ATMs by the end...

McKinsey & Company: Romania’s digital economy could grow 3.5 times to 52 billion euros in 2030 (2)

By RBJ “Romania is the second largest digital commerce market in CEE after Poland, with Romanians spending on average ~500 euro per capita (~25% lower digital spending compared to peer countries). The COVID-19 pandemic accelerated the uptake of digital commerce...

Knauf Insulation started the production of mineral wool with ECOSE® technology in Romania

By RBJ Knauf Insulation, one of the biggest players on the market of insulating materials, part of the Knauf Group, started the production of mineral wool at the factory in Târnăveni, Mureș County, after the completion of the re-engineering and...

MedLife, the largest integrator of medical, wellness and sports services in Romania, has acquired the SanoPass digital platform

By RBJ MedLife, the leader of the private medical services market in Romania, announces the acquisition of the majority package in the SanoPass digital platform and becomes the largest integrator of medical, wellness and sports services in Romania. Following the completion...

National Bank of Romania decided to increase the monetary policy rate to 5.50%, from 4.7%

By rbj In its meeting of 5 August 2022, the Board of the National Bank of Romania decided: >>> to increase the monetary policy rate to 5.50 percent per annum, from 4.75 percent per annum, as of 8 August 2022;...

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...

Tradesilvania.com and TechVentures Bank are entering into an innovative partnership. Romanians have a secure legal framework to access the digital asset market

By rbj Tradesilvania.com, the premium platform for investing in digital goods, is consolidating its position on the market through a new strategic partnership with TechVentures Bank, through which Romanians will be able to safely access digital assets. Thus, this partnership...

The Romanian capital market goes up by 55 percent during the two years of the pandemic

By rbj The volatility of the international capital markets in January continued to make its presence felt last month, at the end of which most stock indices were in slightly negative territory. The anxiety of international investors, triggered earlier this...
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Romania and Bulgaria resume negotiations for the construction of a new hydroelectric plant on the Danube

By RBJ Romania and Bulgaria will resume negotiations to build the hydropower plant from Turnu Măgurele - Nicopol, announced the...
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The Italians from ENEL are leaving Romania as part of a global business restructuring program

By RBJ The Italian group Enel, present in Romania in the electricity distribution, supply and production segment, intends to exit the Romanian market in 2023....

The level of confidence of Romanian managers is affected by the constraints of the war in Ukraine and the energy crisis (Impetum study)

By RBJ The confidence level of Romanian managers decreased in the second part of this year, near the level of the end of 2020, at...

OVES Enterprise expands its international presence and opens its first US office in Silicon Valley

By RBJ OVES Enterprise, a software development company from Cluj-Napoca, expands its international presence and opens, in Silicon Valley, in Palo Alto, the first office...

In difficulty and restructuring after the loss of business in Russia, the OMV Group is delaying investments in Romania

By RBJ The Austrian group OMV became a major regional player in the field of hydrocarbons starting in 2004, after buying the Romanian company PETROM....