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Business

The war in Ukraine has severely disrupted the Black Sea grain market: Turkey, Israel, Egypt, and Algeria will be the hardest hit

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By rbj Early estimates after the outbreak of the armed conflict in Ukraine show that 13.2 million tonnes of wheat, corn, and barley from Ukraine and Russia will no longer reach the market. The amount will only be partially offset...
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Currencies

Poland and Hungary are facing a sharp depreciation of national currencies

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By rbj Earlier this month, almost all Central and Eastern European states were hit by the effects of the war in Ukraine, and by EU sanctions imposed on the Russian Federation. Most affected, however, are Poland and Hungary, two countries with...
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Banking & Finance

Romania, deficit of over 2 billion Euros in trade balance with Russia, in 2021. Poland had a deficit of almost 9 billion Euros

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By Emea Riga Only four EU member states had a trade surplus with Russia in 2021, while Romania has a larger trade deficit than Germany, according to data released Monday by Eurostat, according to Agerpres. According to these data, in 2021...
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Event & Opinion

Hungarians and Poles are advancing in relations with Russia and China. Romania is hiding in the shadow of the strategic partnership with the US

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By Constantin Radut Recent developments in the strategic "war" between Moscow and Washington are creating a real panic among politicians in Bucharest. On various television channels, the Minister of Foreign Affairs, Bogdan Aurescu, other political leaders or military analysts do...
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Economy0

ROCA Industry announces that its subsidiary Bico Industries will take over the majority stake in the Lithuanian company SmartTech AG

By rbj ROCA Industry, the holding company that brings together the construction materials companies in the ROCA Investments portfolio, announces...
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Issue of the Day

Hungarians fear inflation, but also global recession. The opinion of the Central Bank of Budapest. Viktor Orban’s government expects inflation of 20% in 2022

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By rbj Inflation could accelerate to around 20 percent in the coming months, said Barnabás Virág, vice president of Bank Magyar Nemzeti. According to the...
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Conjuncture

The annual inflation rate stagnates. Will the Central Bank succeed in reaching the target for 2022? The BNR missed the inflation target in the...

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By rbj The annual inflation rate in July 2022 compared to July 2021 is 15%, slightly decreasing from 15.1%, and compared to December 2021 it...
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Business

Topoloveni plum magic, wins another market in Asia, that of Vietnam, through the Discover European Treasures European program

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By rbj "Sonimpex Topoloveni continues its presence at international fairs where it promotes the Romanian gastronomic tradition through the "Topoloveni Magiun din prune" Brand. The...
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Tech & Innovation

Techcelerator organizes the first SEE Tech Mission at the Web Summit 2022

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By rbj Techcelerator, the most active accelerator in Romania for technology start-ups, organizes the first SEE Tech Mission, a group that will gather regional start-ups...
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The Romanian Business Journal
Constantin Radut
Editor in Chief
031726 Bucharest, Romania
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