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POLITICS
PM Dacian Ciolos consulted the parties on the local mayoral elections The discussions run by Prime Minister Dacian Ciolos and the major parties’ representatives regarding the organization of this year’s local mayoral elections started in early February, with the liberals insi...
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ECONOMICS
MFE to plan training sessions to increase administrative capacity of public and private beneficiaries One of the weakness of the 2007-2013 programming period that hindered the proper absorption of EU funds was the limited administrative capacity of the beneficiaries. Thus the Ministry of European Funds (MFE) is...
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ENERGY
European Union to allot Transgaz 179 million Euro for the Bulgaria-Romania-Hungary-Austria pipeline constructionIn late January, the European Union (EU) allocated 179.3 million Euro for the development of the Romanian section of a gas pipeline between Bulgaria and Austria, which will transit Romania and Hungary |
REAL ESTATE
Hercesa starts construction of the third stage of Vivenda Residencias Hercesa, with real estate operations in Romania since 2004, announced the start of construction to the first block of the third development stage of their Vivenda Residencias compound
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INFRASTRUCTURE
CNADNR rejects all feasibility offers for Comarnic-Brasov auction The National Company for Motorways and National Roads (CNADNR) rejected in mid-January seven tenders competing within an auction referring to the resuming of a feasibility study for lots Four and Five of the Co...
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APPOINTMENTS
John Oldham Craiova-based Ford factory has a new general manager, John Oldham, with a 35-year experience at Ford Great Britain and Ford Europe and who has been assistant production manager at Ford Romania since 2015. Oldha...
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INVESTMENTS
Subway is launching a new restaurant in BucharestOne of the biggest chains of restaurants in the world, Subway, expanded its business in Romania in late January by opening a new restaurant near Militari Shopping Centre and Business Centre Militari, according ... |
AGRIBUSINESS
Romania to have the biggest decrease of grain production of the largest European growers Total cereal production in the European Union will decline in the 2015-2016 agricultural year by 6.9 per cent over the previous year, to 306.5 million tonnes, due to a lower crop area, but also due to the probl...
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GREEN
Can-Pack Romania invests in intelligent collection devices of aluminium cans Can-Pack Romania, the only producer of aluminium cans in Romania, plans to invest 200,000 Euro in order to install during this year 21 intelligent collection devices of aluminium can waste
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| Reports |
REPORTS
Project management: Romania's key to the EU funds door Romania felt the pinch of EU funds during the 2007-2013 financial framework, ranking among the last places within the EU on absorption ratio. This was mainly due to legal instability, poor administrative capacity and lack of knowledge in terms of project management, according to experts.
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| Features |
SECTOR ANALYSIS
Recycling in Romania: what goes around comes around In the past few years, it seemed that recycling had started slowly, but would surely become more popular in Romania. However, by 2015 the enthusiasm stagnated and the country wasted precious time. For this year, however, expectations are high as the new technocrat Minister of Environment announced that the National Waste Management Plan will be top priority. Alexandra Cioboata (Lopotaru) talks to authorities and green players
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EXPERTS PLATFORM
Romania: Investment Arbitration in the Context of Renewable Energy Investments Authors: Sebastian Gutiu, Managing Partner (Bucharest) Schoenherr & Sofia Cozac, Attorney at Law
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SECTOR ANALYSIS
Do you speak Green? For several years now, green certifications in Romanian real estate project development moved from the blurry area of "nice-to-have" to the clearer area of "must-have". This is mostly because having a green-certified building on the market makes a strong differentiator in terms of landing business.
By Magda Purice
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SECTOR ANALYSIS
The green energy blockade: 2016 starts with more bankruptcies, losses of billions of Euro and investments at a standstil Nobody invests in wind or solar renewables anymore in Romania. As investors representing the eight billion Euro in projects built so far meet the new government's Energy ministry led by Vlad Grigorescu to drive the subsidies back up, they tell The Diplomat - Bucharest that a new incentive system, combined with a series of legal and taxation changes, might represent their salvation.
By Bogdan Tudorache
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COUNTRY FOCUS
Romanian capital: The journey goes on Romania is seen by foreign investors as the most attractive and stable market within South Eastern Europe in which to invest nowadays, with major advantages in terms of labour cost and skilled professionals. But how do the local entrepreneurs and Romanian-based companies perceive the country? A special report by Alexandra Cioboata (Lopotaru), Bogdan Tudorache and Magda Purice.
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BUSINESS LEADERS
ORANGE - When digitalization becomes the standard The Diplomat - Bucharest's talks with Jean-Francois Fallacher, CEO Orange Romania, to reveal how Orange is planning to connect everyone to what really matters to them
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SECTOR ANALYSIS
Outsourcing Today: Will robots overtake the BPS business? Romanian and international business services leaders say automation is only here to help, to upscale human work and to ensure progress. As most of the industry repetitive processes will be replaced by top-shelf software programs, called either robots or cobots, the face of the industry as we know it will change, Bogdan Tudorache writes for Outsourcing Today.
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COUNTRY FOCUS
Czech Investments Roundtable: Romania's picture will keep heading towards a positive direction, as turning back is quite difficult, echoed the Czech community present at the first edition of the "Czech Investments in Romania Roundtable" organised in mid-November by The Diplomat - Bucharest. But where are the investors heading? By Alexandra Cioboata (Lopotaru)
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BUSINESS LEADERS
Nuclearelectrica: A Romanian brand When it comes to nuclear energy, Romania is top of the performance chain. Set up in 1998, Nuclearelectrica is today one of the most important producers in the country, covering approximately 20% of Romania's consumption needs
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SECTOR ANALYSIS
In Vino est Prosperitatis After an estimated six years of constant and relevant growth of the wine business in Romania, the taste for good wines emerged together with exigencies. The Diplomat - Bucharest asked the main wine producers on the local market about the fragrant opportunities and maybe not-so-sweet challenges of this full-bodied industry
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SECTOR ANALYSIS
Romania's hospitality market: Already glowing, still growing Romania's hospitality industry is putting the pedal to the metal in terms of volumes this year, especially in the leisure segment, but the rates are still lagging behind other countries in the region
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