Romanian

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 44.4, but remains above the level of the similar period of 2021, according to the...

German food retail chains, a real source of infection for the health of Romanians. Kaufland and Lidl are leaders in crimes on the Romanian...

By Constantin Radut The two German brands, present on the Romanian market for about two decades, do not miss any inspection by the Consumer Protection Authority (ANPC) without registering sanctions for By Constantin Radut The two German brands, present on the...

EC estimates an increase in Romania’s GDP of 5.8% in 2022, 1.8% in 2023 and 2.2% in 2024

By RBJ The European Commission has improved the estimates regarding the growth of the Romanian economy this year, from 3.9% as it anticipated in July to 5.8%, according to the autumn economic forecasts, published on Friday. In the first semester of...

Romania-Kazakhstan, economic cooperation is at the forefront of bilateral relations

By RBJ These days, the 16th session of the Romanian-Kazakh intergovernmental commission for commercial-economic and technical-scientific cooperation is taking place in Astana, the capital of Kazakhstan. Romania and the Republic of Kazakhstan have a history of over 30 years of diplomatic...

Mundus Vini, Germany: Romanian wines won 18 medals at the world competition

By RBJ Romanian wines won 18 medals at the Mundus Vini world competition in Germany, one of the most important worldwide, this year in its 31st edition, announced the representatives of a national program to promote Romanian wine. Out of the...

The Romanian state, among the “poorest” in Europe, owns only 7% of Romania’s GDP

By RBJ The Romanian state owns, through the Government of Romania, 216 companies, which employ around 83,000 people and generate approximately 7% of Romania's GDP, said Mihai Călin Precup, secretary of state in the Ministry of Finance, on Monday. "I realized...

The Romanian company TARA Interactive is expanding its international presence and starting new projects in Germany and Denmark

By rbj TARA Interactive, a Romanian software development company, expands its presence in Germany and Denmark and starts campaigns to promote its services in three other countries: Switzerland, the Netherlands and Canada. The initiative is part of the international expansion strategy...

The Romanian firefighters are present in France to support the French forces who are fighting the climacteric flames

By rbj Two C-17 Globemaster III aircraft from the Multinational Strategic Transport Unit and a C-27J Spartan aircraft of the Romanian Air Force performed, on Thursday and Friday, emergency air missions from Otopeni and Timisoara airports to an air base...

Exports increased by 23.9% in the first half of the year, and imports increased by 28.5%. The trade balance deficit reached over 15 billion...

By rbj The frozen structure of the Romanian economy, based especially on the manufacture and export of components for machines and equipment, is starting to be observed more and more in this period when global flows are deteriorating, and the...

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...
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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....