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POLITICS

Romania takes over rotating presidency of Open Skies Consultative Commission

Romania has taken over the rotating presidency of the Open Skies Consultative Commission (OSCC), and in late September, it chaired the first meeting in a series of four for the ongoing session in Vienna

ECONOMICS

Six companies shortlisted to benefit from state aid for new investment projects

The Finance Ministry has selected six companies out of 36 applicants to grant them state aid for new investment projects that would positively impact the local economy

ENERGY

Providers forced to purchase gas only through the stock exchange

The Romanian Government adopted, in late September, an emergency ordinance governing the obligation of suppliers to purchase gas delivered to domestic customers “on the basis of procedures in order to ensure ...

REAL ESTATE

Timisoara sees 30-million Euro investment in a new office building project

Werk Property Group, one of the largest real estate developers in Timisoara, will invest 30 million Euro in the development of Vox Technology Park, an A-class office project with a leasable area of 26,000 sqm, ...

INFRASTRUCTURE

The government approved the General Masterplan for transport

The government approved in the meeting on Wednesday the General masterplan for transport of Romania, announced Minister of Transport Sorin Buse

INVESTMENTS

CTP to invest 250 million Euro in Romania so far

CTP, one of the largest investors and developers of logistics projects in Romania, has invested 250 million Euro on the local market so far, according to a press release issued to The Diplomat – Bucharest. Th...

AGRIBUSINESS

Gothaer Asigurari Reasigurari: Over 75,000 hectares have been affected this year by hail and storms

Over 75,000 hectares of farmland have been affected this year by hail, storms and floods, compared to 15,000 hectares in the last agricultural year, while the number of claim files approved by Gothaer Asigurari...

GREEN

Romania’s first residential complex with green energy sold 200 apartments in first phase

Cartierul Solar, the first residential complex with green energy in Romania, located in southern Bucharest and developed by Ad Astra Partners, has completed its first phase and started the works for the next on...


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Reports

REPORTS

Smart Transformation Forum 2016 - The next challenge for mankind?

In the context of the "fourth industrial revolution" that everyone is talking about these days, The Diplomat - Bucharest organised the "Smart Transformation Forum 2016" to see how the concepts of "smart city" and "Internet of Things" are being perceived on the local market. By Petre Barac

Features

COUNTRY FOCUS

Austrian investments on the go this year

Celebrating its National Day on 26 October, Austria is an old friend of Romania and its second largest foreign investor. The economic bonds between the countries are tight, the diplomatic link is growing due to new common projects, while investors seem to be positive about their development. Alexandra Cioboata talks to the Austrian Ambassador, Gerhard Reiweger, and top players to find what is left to capitalise on

BUSINESS LEADERS

Florin Hoinarescu, Head of International at Teamnet Group

"In a continuous globalized economy, cooperation between companies from different countries has a common element - the added value generated"

COUNTRY FOCUS

The Chinese endeavour

The blunt figures show that in the first five months of 2016 the bilateral trade volume of Romania and China reached 1.76 billion USD, and China has become the ninth largest trading partner of Romania globally

COUNTRY FOCUS

Aiming potential

For more than half a century, regardless of changes in the international and domestic situations of our two countries, friendship and cooperation have always been the basis of relations between China and Romania. In order to highlight the current status of dialogue between the two countries, The Diplomat - Bucharest talked with Xu Feihong, Ambassador of the People's Republic of China in Romania, about the present and future

COUNTRY FOCUS

The Romanian-German intertwining: die Reise goes on

Germany has always been a strong partner to Romania and this year is no exception. The country remains Romania's largest trade partner, German investors are confident and keep expanding their business, while high-level visits between the two countries demonstrate that the dialogue is open

SECTOR ANALYSIS

Operational leasing on a wider road towards growth

As Romania's operational leasing industry is on a rise in an accelerated competitive environment, digitalization and the increasing interest of SMEs in the segment are reshaping its structure, compelling players to constantly diversify and improve both their range of services and the mobility solutions they deliver to customers. Alexandra Cioboata talked to top operational leasing companies to see how they sit up and take notice

COUNTRY FOCUS

French investments in Romania: A Tint of Savoire-Faire

France and Romania became business partners in the early 90s and since then the bonds have been built on trust and mutual commitment. Currently, France is the fifth-largest foreign investor and the fourth-largest trading partner of Romania, intending to keep enhancing its footprint

SECTOR ANALYSIS

2016's Courier Industry: Testing the Waters

Romania's courier business is pretty dynamic these days and tends to become more and more high tech as players are trying to find innovative solutions to keep up with users' need for mobility. Credit card payment on delivery through MPOS, or collection points or parcel lockers that Romanians can access at any time will soon become a common practice

COUNTRY FOCUS

Local potential, converted to competitive leads

Romania and US develop a joint cooperation and strong partnership in economy trade and regional security, based on optimist figures on macroeconomic perspective. US Ambassador and AmCham top representatives detail on main aspects to be further addressed. By Magda Purice

COUNTRY FOCUS

The US bond

Keep it simple and safe, would be a possible axiom of bilateral trade and diplomatic bonds between Romania and US, consolidating a strong dialogue at every named level. The Diplomat – Bucharest talked with several major companies, representative institution and US Embassy to take the pulse of investment trend, strategic bond and prospects on the local market By Magda Purice

 
 
Printed edition
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Operational leasing players improve their mobility solutions to remain competitive


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» Austrian investments on the go this ye...
» The Chinese endeavour
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» Aiming potential
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» Smart Transformation Forum 2016 - The ...
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