Cushman & Wakefield Echinox: Demand for office spaces surged by over 60%, with transactions up to 1,000 sq. m being the most prevalent

  Bucharest, May 2024 - RBJ - The office market in Bucharest has shown a sustained demand growth in Q1, both in terms of the...

EC positively evaluates Romania’s economy in 2024, with better prospects than other EU states in 2025

Brussels, May 15, 2024 - RBJ - In the EC's spring economic forecasts, published today, Romania's economy is viewed positively, with good prospects this...

Petromidia, the largest oil refinery in Romania, was modernized with an investment of $85 million

Bucuresti, 13 mai 2024 - RBJ - Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated the processes of restarting the...

The National Bank of Romania has been maintaining the level of the monetary policy rate at 7% per year for over a year

Bucharest, May 13, 2024 - RBJ - The Board of Directors of the National Bank of Romania decided, on Monday, to maintain the monetary...

Tech & Innovation

Tech Startup theCoRD.ai launches its first pre-seed investment round and aims to raise €300,000 for global commercialization

Bucharest, October 4, 2023 - by rbj – Romanian tech startup theCoRD.ai, which offers the world's first AI team...

Romania: Hunedoara Castle

EC positively evaluates Romania’s economy in 2024, with better prospects than other EU states in 2025

Brussels, May 15, 2024 - RBJ - In the EC's spring economic forecasts, published today, Romania's economy is viewed positively, with good prospects this...

Petromidia, the largest oil refinery in Romania, was modernized with an investment of $85 million

Bucuresti, 13 mai 2024 - RBJ - Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated the processes of restarting the...

The National Bank of Romania has been maintaining the level of the monetary policy rate at 7% per year for over a year

Bucharest, May 13, 2024 - RBJ - The Board of Directors of the National Bank of Romania decided, on Monday, to maintain the monetary...

Romanian designer Voicu Crețu launches VOICU brand at ICFF New York

Neamț, Romania, May 1, 2024 - RBJ - Voicu Crețu, a rising force in the world of contemporary design, is set to captivate the...

theCoRD is expanding globally. The Romanian company announces expansion plans within Running Remote 2024, the most important event dedicated to the future of work

Bucharest, April 29, 2024 - RBJ - theCoRD, the Romanian technology startup that launched the world's first AI team coaching solution, participated in Running...

The construction of the natural gas transport pipeline was launched, which will also take over the quantities extracted from the Neptun Deep deposit in...

Bucharest, April 26, 2024 - RBJ - Romania's National Gas Transport Company - Transgaz SA - and the Turkish company Kalyon Insaat Sanayi ve...

OVES Enterprise: Investment in innovation and development of new products could lead to a 30% growth of the Romanian IT industry in 2024

Cluj-Napoca/Romania, April 25, 2024 - RBJ - According to OVES Enterprise, investments in innovation and new product development could generate a growth of about...

eToro and 21Shares collaborate to introduce new crypto portfolio that offers a data-driven approach to crypto investing

Cyprus, April 24, 2024 - Dani Brinker, eToro - Trading and investment platform eToro and 21Shares, the world's largest issuer of crypto exchange traded products...

Issue of the day

Romanian designer Voicu Crețu launches VOICU brand at ICFF New York

Neamț, Romania, May 1, 2024 - RBJ - Voicu Crețu, a rising force in the world of contemporary design, is set to captivate the...

theCoRD is expanding globally. The Romanian company announces expansion plans within Running Remote 2024, the most important event dedicated to the future of work

Bucharest, April 29, 2024 - RBJ - theCoRD, the Romanian technology startup that launched the world's first AI team coaching solution, participated in Running...

The construction of the natural gas transport pipeline was launched, which will also take over the quantities extracted from the Neptun Deep deposit in...

Bucharest, April 26, 2024 - RBJ - Romania's National Gas Transport Company - Transgaz SA - and the Turkish company Kalyon Insaat Sanayi ve...

OVES Enterprise: Investment in innovation and development of new products could lead to a 30% growth of the Romanian IT industry in 2024

Cluj-Napoca/Romania, April 25, 2024 - RBJ - According to OVES Enterprise, investments in innovation and new product development could generate a growth of about...

eToro and 21Shares collaborate to introduce new crypto portfolio that offers a data-driven approach to crypto investing

Cyprus, April 24, 2024 - Dani Brinker, eToro - Trading and investment platform eToro and 21Shares, the world's largest issuer of crypto exchange traded products...

Star Taxi, the largest transport application developed by a Romanian company, wants to compete with Bolt and Uber

Bucharest, April 24, 2024 - RBJ - Star Taxi, the largest transport application developed by a Romanian company, is expanding its services in Arad,...

The Romanian student team won the First Tech Challenge world robotics championship for the second time

Bucharest, April 22, 2024 - RBJ - The AICitizen robotics team of the "Alexandru Ioan Cuza" College from Focşani/Romania won the First Tech Challenge...

The Romanian company Hidroelectrica SA and Masdar, UAE, decided to invest as soon as possible in renewable resources projects

Bucharest, April 18, 2024 - RBJ - A Hidroelectrica delegation, led by Karoly Borbely, president of the company's directorate, is participating in the working...

Bitcoin Romania: Number of transactions increased by 600% in Q1 20224, compared to the same period in 2023.Bitcoin Halving, an event that comes with...

Bucharest, April 17, 2024- RBJ - Bitcoin Romania, the company that owns the largest local crypto currency trading platform, has seen a 600% increase...

MAAM Launches “COMMUNITY HEALS” – Emotional and Psychological Support Program for Women Diagnosed with Breast Cancer

Bucharest, April 16, 2024 - RBJ - MAAM, the Romanian market leader in the field of compressive medical equipment, has launched the "COMMMUNITY HEALS"...

Greenvolt Group, a leading international operator in the renewable energy market through multiple technologies, enters the Romanian market

Bucharest, April 11, 2024 - RBJ - Greenvolt Group, a leading international operator in the renewable energy market through multiple technologies, enters the Romanian...



Markets

Central bank maintains monetary policy rate at 2.50%

By rbj The National Bank of Romania (BNR) Board decided in its meeting on Thursday to keep the monetary policy...

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

By Edwig Ban Many independent observers believe that the crypto mines in Kazakhstan have, among other causes, been at the...

National Bank decisions on monetary policy: >>>to increase the monetary policy rate to 7.00 % from 6.75%; >>>to raise the lending (Lombard) facility...

By RBJ The annual inflation rate reached 16.76 percent in November 2022, i.e. above the forecast, after having fallen to...

Romania’s public debt is fast approaching 50% of GDP

By rbj The debt of the public administration (government debt) stood, in December 2021, at 576.562 billion lei, a strong...

The National Bank of Romania decided to keep the monetary policy rate at 7.00 percent per annum

In its meeting of 4 April 2023, the Board of the National Bank of Romania decided: >>>to keep the...

History of the day: ICJ today began the hearings in the case of genocide charges against the Palestinians in Gaza that South Africa brings to Israel

Economy

The German company AE Solar intends to invest 1 billion euros in a solar panel factory in Romania

By RBJ The German company AE Solar has announced, in Bucharest, the intention to open a factory for the production of solar panels in Romania....

Romania, the largest exporter of corn in the EU and ranks second in wheat and barley

By rbj Exports of soft wheat from the European Union in the 2021/22 season, which began on July 1 last year, reached 16.92 million tons...

One month after the first purchase, the electric train manufactured in Katowice/Poland is standing still in Bucharest

Bucharest, January 2, 2024 - # rbj – After the arrival of the first set of electric trains that will modernize rail transport in...

CEZ Group sells seven companies in Romania, but keeps wind business

By Edwig Ban CEZ's intention to sell assets from Romania is in line with the new direction of international development of the company, which, apart...

Business

MAAM Launches “COMMUNITY HEALS” – Emotional and Psychological Support Program for Women Diagnosed with Breast Cancer

Bucharest, April 16, 2024 - RBJ - MAAM, the Romanian market leader in the field of compressive medical equipment, has launched the "COMMMUNITY HEALS"...

CBRE Romania: 15 new office buildings in 2019, over 300,000 square meters

By Emea Riga The modern office space inventory has exceeded 2.91 million square meters in 2018, and for 2019, the construction of 15 new office...

Apemin Tușnad invites you to discover Water from your comfort zone in a new campaign by MullenLowe Romania

Bucharest, October 18, 2023 - by rbj - Who said routine has to be boring? In a hectic world where routine seems negative and...

Borsec, the strongest Romanian brand

Bucharest, September 29, 2023 - by rbj - Borsec is, once again, the strongest domestic brand, according to the Top 100 of the strongest...

The regulatory authority in communications has launched the tender for the implementation of 5G in Romania

By RBJ The Communications Regulatory Authority (ANCOM) announces that it has launched the radio spectrum tender for electronic communications services of the new generation 5G. "Today...

Telekom Romania Mobile introduces Google Pay service in MyAccount

Bucharest, October 31, 2023 - #rbj - Telekom Romania Mobile is the first telecommunications operator in Romania to offer the Google Pay payment and...

Bilateral

With the help of US know-how we can make the Danube an important source for irrigation

By RBJ The Romanian Chamber of Commerce and Industry (CCIR) and the US Embassy in Romania organized, on Thursday, October 27, the "American Forum of Commercial Dialogues for Water and Food Security in Romania, Moldova and Ukraine", an event organized...

PepsiCo Romania recognized as a Top Employer for the 11th consecutive year

Bucharest, January 18, 2024 - # RBJ - PepsiCo Romania, one of the leaders in the food and beverage industry, has been awarded for...

The German company AE Solar intends to invest 1 billion euros in a solar panel factory in Romania

By RBJ The German company AE Solar has announced, in Bucharest, the intention to open a factory for the production of solar panels in Romania....

Poland wants war against Russia. Ambassador Jan Emeric Rosciszewski in Paris confirmed. An American researcher argues. The PM of Poland seduces us in Bucharest

By Constantin Radut I have said several times that Poland is stressed by its own history. A stressed people can be easily manipulated. A super-excited...

Romania will start OECD accession negotiations. The board of the organization decided today to launch the discussions

By rbj The Government of Bucharest welcomes the decision of the Council of the Organization for Economic Cooperation and Development regarding the launch of accession...

Romania: Peles Castle (Peles National Museum) - Sinaia

https://en.peles.ro/

Lockheed Martin, strong presence in the Romanian defense system

By Jerom Bolt The Minister of National Defense (MApN), Nicolae Ciuca, met with Lockheed Martin company president Marillyn Hewson today. The discussions focused on the...

AI Footprints: the Retail Media market in Romania will grow by 35% in 2023

De RBJ Piața Retail Media din România va crește cu aproximativ 35% în 2023, potrivit Footprints AI, o companie românească care operează una dintre...

The Romanian group AROBS Transilvania Software acquires the German company Infobest and strengthens its presence in Romania and Germany

Cluj-Napoca/Romania, February 27, 2024 - # RBJ - AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, announces...

Romanian company Druid SA, designated the Startup of the Year 2019 in Central and Eastern Europe

By Andra Beltz The Romanian software company, Druid SA, focused on artificial intelligence is the one who won the Startup of the Year award at...

GSP Power and Romgaz present a new concept in Romania: ‘gas-to-power’ for 1000 MW of electricity

By Edwig Ban GSP Power together with Romgaz presents a new concept in Romania: “gas-to-power”, which involves the construction of gas-fired power plants, with the...

Bucharest to host the EU Cyber Security Center

By Jerom Bolt Bucharest will host the European Union's Cyber Center - the first EU structure in Romania, announced Foreign Minister Bogdan Aurescu. The European...

Issue of the day

Seaspan conference brings good news for Romanian seafarers

Constanta/Romania, October 6, 2023 - by rbj - (Source: seaspancorp.com) - The event was organized by Seaspan’s regional manning office in Odesa, Ukraine, in...

Tönnies’ pigs are now crying out to Merkel: help, help for workers in the East

By Constantin Radut Yesterday, the German weekly Der Spiegel paid a sincere homage to the meat industry of the last century, which then entered the...

Is the “love” between Poland and Ukraine ending?

By RBJ Following the invasion of Ukraine by the military troops of the Russian Federation, Poland rejoiced and made available its entire communication and military...

The Competition Council fined Romanian companies with Austrian capital over 150 million euros. A hotel no longer accepts Austrian tourists

By RBJ The Competition Council has, over time, investigated several companies with Austrian shareholders, and some of them have been fined approximately 713 million lei,...

Economy

German group Varta intends to make an investment of 1 billion euros in a green field plant in Romania for the production of batteries...

By Jerom Bolt A senior Romanian government official writes that the German Varta Group, one of the world's largest manufacturers of automotive, industrial and consumer...

European premiere in nuclear energy: Washington and Bucharest will sign agreement for the placement of 12 small modular reactors in Romania

By Constantin Radut Unexpectedly, the American efforts to eliminate Chinese competitors in the nuclear energy sector from the Romanian market seem to bear fruit. The...

The Japanese company Tamura Corporation to open a new production unit in Romania

The Japanese company Tamura Corporation announces the establishment of a new production plant in Romania, in Feteşti-Gară, Ialomiţa. The factory will produce battery chargers...

The National Bank of Romania has been maintaining the level of the monetary policy rate at 7% per year for over a year

Bucharest, May 13, 2024 - RBJ - The Board of Directors of the National Bank of Romania decided, on Monday, to maintain the monetary...

Romanian designer Voicu Crețu launches VOICU brand at ICFF New York

Neamț, Romania, May 1, 2024 - RBJ - Voicu Crețu, a rising force in the world of contemporary design, is set to captivate the...

theCoRD is expanding globally. The Romanian company announces expansion plans within Running Remote 2024, the most important event dedicated to the future of work

Bucharest, April 29, 2024 - RBJ - theCoRD, the Romanian technology startup that launched the world's first AI team coaching solution, participated in Running...

The construction of the natural gas transport pipeline was launched, which will also take over the quantities extracted from the Neptun Deep deposit in...

Bucharest, April 26, 2024 - RBJ - Romania's National Gas Transport Company - Transgaz SA - and the Turkish company Kalyon Insaat Sanayi ve...

Markets

The Board of the National Bank of Romania decided to cut the monetary policy rate to 1.50% per annum from 1.75% per annum

By rbj >to cut the monetary policy rate to 1.50 percent per annum from 1.75 percent per annum starting 6 August 2020; >to lower the...

eToro, crypto market: Bitcoin breaks $37,000 ceiling; Ether had a stronger week than bitcoin however

Bucharest, November 14, 2023 - # rbj, by Simon Peters, cryptoasset market analyst at multi-asset investment platform eToro - Bitcoin had another strong week...

SILVER COIN DEDICATED TO 100 YEARS OF DIPLOMATIC RELATIONS BETWEEN ROMANIA AND JAPAN

By rbj Pursuant to the provisions of Law No. 312/2004 on the Statute of the National Bank of Romania, as of 7 July 2021, the...

Franklin Templeton acquires a new mandate for the administration of Fondul Proprietatea

By Andra Beltz At the Fund’s General Shareholders’ Meeting (GSM) organized today, the shareholders of Fondul Proprietatea approved the key terms for a new administrator...