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RE/MAX Europe Survey: The Europeans ideal homes

A recent survey conducted by RE/MAX Europe and quoted by Act Media shows that Europeans ideal homes have five rooms, excluding the kitchen, bathroom, and lobby, and an average surface of some 131 s...

Lidl opens new store in Pipera
Auchan completed the final stage of Real Hypermarket taking over
Teamnet develops advanced management solutions for NFC-based services
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POLITICS

National Passenger Information Unit to open at MAI

A national passenger information unit that will take over information from air carriers about passengers of flights that start, stop over or end on Romania's soil will open with the General Border Police Inspec...

ECONOMICS

A first in Romanian economy since 1989: annual inflation turned negative in June

Consumer prices fell by almost three per cent in June compared to May due to lower VAT on food and beverages at nine per cent from June 1

ENERGY

Gas prices increased by 12 per cent as of July 1

In early June, the Romanian Government approved the new liberalization of the acquisition price of domestic production for domestic customers and thermal power producers who provide heat to the population

REAL ESTATE

Joseph Houlihan, EPF: “Economic growth, key element to make real estate attractive for investors”

Joseph Houlihan, chairman of the Managing Committee of the European Property Federation and the CEO and director of Cohen & Steers UK, one of the first investment companies to specialize in listed real estate, ...

INFRASTRUCTURE

CNADNR says 1.7 billion RON are needed to meet national road minimum viability conditions

The National Company of Motorways and National Roads of Romania (CNADNR) has approved the 2015 Action Plan, the estimated necessary funds to ensure the minimum viability conditions of national roads being 1.7 b...

AGRIBUSINESS

Ikea bought 33,600 hectares of forest in Romania

Ikea purchased in Romania 33,600 hectares of forest, the first acquisition of its kind made worldwide by the Swedish group specialized in furniture and decorations retail, according to Mediafax

GREEN

Romania has managed to halve emissions of greenhouse gases in recent years

Romania has managed to halve its emissions of greenhouse gases in recent years, although global climatic changes continues to affect the country with extremely high temperatures, said the Minister of Environmen...

GREEN

Greentek generates savings of 30,000 Euro for parking areas of malls and office buildings

Greentek LED Lighting, manufacturer and supplier of LED lighting systems, has completed in the past year several LED lighting projects for above-ground and underground parking lots of office buildings and shopp...


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Reports

REPORTS

The complex tale of energy performance

Romania's national policies in energy aim to achieve the national objective of improving energy efficiency by 2020, with a national target to reduce energy consumption by 19 per cent

Features

EXPERTS PLATFORM

A sacred obligation

As we celebrate 135 years of diplomatic relations between Romania and the United States, let me pause for a moment to appreciate the extraordinary partnership the two nations have today

BUSINESS LEADERS

Secrets to Investing Success in the Local CEP Market

Adrian Mihai, Managing Partner of FAN Courier, the local CEP market leader, speaks to The Diplomat – Bucharest about the local CEP market reality, further opportunities and successful investments strategy. FAN Courier has been the local CEP market leader for more years. You have marked a constant increase of business, even during financial crisis. Did you have the luck to operate on an increasing market or is there a success rec

COUNTRY FOCUS

The Romanian-French tie - Pas de deux

As Romania's fourth-largest foreign investor with nearly 8,000 companies registered, France keeps looking at the local market as an important partner for doing business, with no exception this year. Alexandra Lopotaru talks to representatives of French Embassy, CCIFER and large French companies to measure the economic thread that ties both countries

COUNTRY FOCUS

Romania-USA: problems for each, solutions from both

It is said that solid friendships are difficult to find, but even more difficult to maintain. After a tradition of 135 years in diplomatic relations, Romania and the US seem to have found the perfect recipe for a strong partnership. This year, the US business community receives positive signals from the political activity, while the TTIP is still on track. Alexandra Lopotaru and Magda Purice talk to representatives of the US Embass

SECTOR ANALYSIS

Courier services:what's oiling the wheels this year?

As e-commerce grows y-o-y, so does the B2C share in the courier players' business, but not without its challenges. End customers are becoming more and more demanding regarding the quality of the services received, while couriers are trying to find solutions to cope with client needs. Alexandra Lopotaru talks to ANCOM and major players to deliver 2015's picture

SECTOR ANALYSIS

Office sector, on the road to recovery: How's the 2015 stop?

The real estate market is still mending its wounds after the economic turmoil and more and more activity is seen in the office sector. While demand and supply are on an upward trend, The Diplomat's Alexandra Lopotaru talks to Romania's front office to discuss whether the current growth pictured in the market is too optimistic or not

COUNTRY FOCUS

Czech Ambassador: 'Romania is taking large steps towards improvement'

The Czech Republic shares with Romania not only similar history, but also economic grounds. The country ranks 14th in the top 20 foreign investors in Romania, with a total FDI of one billion Euro, counting more than 800 companies registered on the local market. Alexandra Lopotaru talks to the new Ambassador of the Czech Republic in Bucharest, Vladimir Valky, and to Czech investors to discuss the bonds between the countries

SECTOR ANALYSIS

Dust off the Welcome mat - Residential projects on the rise

Romania's residential real-estate sector continues to hit a home run this year, after 2014 registered record sales volumes and new stock entered the market. More than 3,300 units are expected to be delivered by the end of the year and part of them are already sold even before the construction authorizations are released. The Diplomat's Alexandra Lopotaru talks to important consultants and developers to see how long the enth

 
 
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