Exchange rates: EUR: 4.6474 RON; USD: 3.8065 RON; CHF: 3.8777 RON; GBP: 5.3147 RON; 100HUF: 1.4856 RON; PLN: 1.1024 RON; TRY: 0.9335 RON *** +++ *** Bucharest Stock Exchange (BVB)>>> Main Market: BET: 9,006.10 (+0.01%); BETPlus: 1,347.13 (-0.01%); BET-FI: 39,962.72 (-0.51%)
By R. Constantin
The quadrilateral summit that took place in Bucharest today highlights the political affinities, experience and resources of the four South Eastern European countries: Romania, Bulgaria, Greece and Serbia.
The name of this group is claimed by the Craiova Group in 2015 when the first ministers of Romania, Bulgaria and Serbia had their first meeting and signed a memorandum of ... Read more »
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Date: 24 April 2018 |

By Emea Riga
April 24th marks a landmark in the history of transactions on the Bucharest Stock Exchange (BVB). All BVB indicators closed the trading day on green, some indicators rising to record levels.
The main index of the Bucharest Stock Exchange (BVB) closed the session on Tuesday, April 24, 2018 at the level of 9005 points, the highest in the last 11 years. Thus, BET, which shows the evolution of the most liquid 13 companies, climbed 0.54% above the level at which it shut down on Monday.
At the same time, the BET-Plus index, which shows the evolution of the most liquid 37 shares from the BVB, incre ... Read more »
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Date: 24 April 2018 |


By Jerom Bolt
The International Monetary Fund has revised its estimates for the evolution of the Romanian economy this year, from 4.4% to 5.1%, according to the latest World Economic Outlook, published on Tuesday by the international financial institution.
According to the document on the outlook for the global economy, Malta and Romania will record the largest economic growth in Europe this year, of 5.7% and 5.1%, respectively.
Overall, Europe will see economic growth of 2.7% in 2018 and 2.3% in 2019, and Emerging Europe, including Romania, will record a ... Read more »
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Date: 17 April 2018 |

>>>The new plant will process approximately 250.000 tons of wheat straw and other cereal straw annually, which will be sourced from local farmers >>>The investment will be over 100 million euros and will begin this year
By Edwig Ban
According to information from the market, the Clariant Swiss Group, with activities in the chemical industry, invests more than 100 million euros in the factory it builds in Romania, in Podari, a village about 10 km from Craiova, Dolj County. The company will produce bioethanol, an ... Read more »
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Date: 17 April 2018 |


By Andra Beltz
Bucharest Stock Exchange (BVB) reported a 12.4 percent growth rate at the end of the first quarter this year for BET Index, the main index including the most traded 13 companies listed of the local market, after it reached a peak of 8,816 points, the highest value posted in the last 11 years. The increase posted by the Bucharest Stock Exchange is the largest among main indices of the capital markets of the European Union, Reuters data show, as only 9 EU markets saw their main indices go up in the first three months of the year.
"Bucharest Stock Exchange reached an 11-year high in the first quarter, as the interest for the capita ... Read more »
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Date: 15 April 2018 |


By Edwig Ban
In 2016 compared to 2015, the number of high-growth enterprises increased by 14% in the European Union (EU). According to the preliminary data for 2016, the number of high-growth enterprises in the EU was 180 000 compared to 158 000 in 2015, according to data published by Eurostat on Thursday.
Between 2015 and 2016, the number of high-growth enterprises increased in 23 EU Member States. The increase was highest in Cyprus (104%), however, the absolute number of high-growth enterprises in Cyprus is relatively low (48 in 2015 and 98 in 2016). The increase exceeded 34% in Romania, also in Slovenia (29%), Spain (27%), ... Read more »
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Date: 05 April 2018 |


By Jerom Bolt
At a meeting on April 4, 2018, the Board of the National Bank of Romania (BNR) decided to keep unchanged the monetary policy rate at 2.25 percent per annum, according to a press statement released by the bank.
Likewise, the council also decided to leave unchanged the deposit facility rate at 1.25 percent per annum and the lending facility rate at 3.25 percent per annum and maintain the existing levels of minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions.
In January 2018, the annual inflation rate rose significantly to 4.32 percent from ... Read more »
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Date: 04 April 2018 |


By Emea Riga
Since the assumption of the office of Prime Minister of Romania by Mrs. Viorica Dancila, the Romanian-Chinese dialogue seems more pragmatic and more pragmatic. For over 5 years, the governments in Bucharest are planning partnerships with Chinese companies, but the results do not materialize.
The need to relaunch bilateral economic co-operation was highlighted in mid-February at a meeting between Prime Minister Viorica Dancila and the Ambassador of the People's Republic of China to Romania, Xu Feihong.
Today, Deputy Prime Minister Paul Stănescu, the Regional Development Minster, met with Beijing Ambas ... Read more »
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Date: 23 March 2018 |


By Edwig Ban
On 21 March 2018, the Romanian Ministry of Energy issued the BRUA gas pipeline decision, a new natural gas corridor to connect Bulgaria, Romania, Hungary (Ungaria) and Austria. This step entitles the Transgaz operator to start the BRUA works.
"We issued the exhaustive decision at the same time that Transgaz fulfilled all the legal conditions necessary for the construction of this European gas pipeline. This moment is important because it brings us closer to the role that Romania wants in the region. Through BRUA, Romania will be able to exploit the huge potential of the Bla ... Read more »
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Date: 21 March 2018 |


By Andra Beltz
The Bucharest government officials have decided to set up a national commission to prepare for joining the euro The new term of membership will be 2024. The leader of the Social Democratic Party, Liviu Dragnea, - in power since 2016 - said today that the commission will do representatives from the Romanian Academy, the Presidency, the Government, civil society stakeholders, other institutions, the associative structures of the local authorities.
The new commission will be endorsed this week by the Government. By 15 November, the timetable for implementation will be set, the action plan to implement the necessary measures fr ... Read more »
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Date: 19 March 2018 |

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The Romanian Business Journal
Constantin Radut
Editor in Chief
031726 Bucharest, Romania

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