about us | newsletter | contact | archive | members area
EMILIA BUNEA, CEO, METROPOLITAN LIFE
The young generation is characterized by the preference of obtaining quick results, easi»
  What´s New      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

POLITICS

Dragnea: There is no risk of PSD getting destabilized

2017-02-20 16:17:31
Leader of the Social Democratic Party (PSD) Liviu Dragnea told a private broadcaster on Sunday that there is no risk of his party getting destabilised as he and the incumbent party leadership ha...

POLITICS

PM Grindeanu wishes for 2019 with no CVM for Romania

2017-02-17 12:13:42
Premier Sorin Grindeanu stated, on Thursday, at the headquarters of the European Commission, that he wishes in 2019 the Cooperation and Verification Mechanism (CVM) for Romania to be lifted, acc...

REAL ESTATE

Three office buildings to be developed by Iulius in Timisoara

2017-02-17 10:40:13
This spring, the Iulius company will start the construction works for three new class A office buildings within the Openville Timisoara mixed-use project, located near Iulius Mall, a press relea...

REAL ESTATE

JLL appoints Alina Cojocaru as head of valuation department

2017-02-16 16:34:46
Alina Cojocaru was appointed head of valuation department at JLL Romania, starting February 15, a press release shows. She will be responsible for the extension of JLL valuation portfolio by pro...

REAL ESTATE

Colliers: Land market dominated by demand for residential and mixed projects

2017-02-16 15:36:45
Romanian land market in 2016 was characterized by an increased demand from the residential and retail projects, according to a report by Colliers International. Interest in these sectors will be...

REAL ESTATE

Number of employees in Bucharest office market to reach 260,000 this year, says DTZ

2017-02-16 14:34:50
The number of employees working in A and B office buildings in Bucharest reached 233,000 at the end of 2016, 30,000 more than in 2015, recording the highest level in past three years, according ...

ENERGY

Energy regulator: Gas prices might grow up by ten per cent on 1 April

2017-02-15 16:05:30
Natural gas prices might increase by up to 10 per cent starting with 1 April, after liberalising the domestic market's gas prices, Chairman of the National Energy Regulation Authority (ANRE) Nic...

POLITICS

EU seals trade deal with Canada

2017-02-15 15:10:26
The European Parliament voted in favour of the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada, concluding the ratification process of this deal at the EU level, a pr...

ENERGY

Net profit of Nuclearelectrica decreased by 27 per cent last year, to 108 million RON

2017-02-15 13:14:14
The net profit registered in 2016 by Societatea Nationala Nuclearelectrica (SNN) is of 108 million RON (24 million Euro) decreasing with 27 per cent compared to 2015, mainly due to the impact of...

ECONOMICS

Banca Transilvania's net profit reached 1.2 billion RON last year

2017-02-15 12:24:04
Banca Transilvania's net profit amounts to 1.2 billion RON (274 million Euro) at the end of 2016, from 2.4 billion RON (537 million Euro) in 2015, one year after the merger with Volksbank Romani...

POLITICS

PM Grindeanu says he does not share President's concern regarding 2017 budget

2017-02-15 10:46:58
Prime Minister Sorin Grindeanu stated on Tuesday that he doesn't share the concern that President Klaus Iohannis expressed regarding the budget for 2017, according to Agerpres.

APPOINTMENTS

ALD Automotive Romania appoints Daniela Davidescu as operations director

2017-02-14 16:32:30
Daniela Davidescu, former director of the Contact Center within BRD, the Romanian subsidiary of Societe Generale group, was appointed Operations director at ALD Automotive Romania, starting Janu...

POLITICS

Iohannis: 2017 budget is a problematic and risky one

2017-02-14 14:58:54
President Klaus Iohannis said that the budget draft for 2017 is a problematic and risky one, pointing that there is the real risk for the deficit of three percent to be exceeded, according to Ag...

ENERGY

Romania cannot ensure energy consumption from internal production on Monday morning

2017-02-13 13:02:42
National production of energy cannot cover anymore the country's consumption on Monday morning, so that Romania must import more energy, according to the data posted in real time on the website ...

ECONOMICS

ECB never tries to manipulate euro rate, says French finance minister

2017-02-13 11:45:36
The European Central Bank never tries to manipulate the euro exchange rate for trade or competitive policy reasons, French Finance Minister Michel Sapin said in an interview published on Monday,...

POLITICS

MEP Negrescu to Farage: Romania does not take lessons in fairness from man investigated for corruption

2017-02-13 10:45:07
Member of the European Parliament Victor Negrescu conveyed in an open letter addressed to Nigel Farage, that the former leader of the UK Independence Party (UKIP) should not talk about corruptio...

ECONOMICS

Minimum wage in Romania doubles compared to 2008, says Eurostat

2017-02-10 15:42:41
Bulgaria and Romania had on 1 January 2017 the lowest minimum wages in the European Union (EU), namely 235 Euro and 275 Euro per month respectively, the data published by the European Statistics...

ECONOMICS

Central bank revises downwards 2017 year-end inflation forecast

2017-02-09 15:55:24
The National Bank of Romania (BNR) has revised downwards by 0.4 percentage points its inflation forecast for end-2017, which is now projected at 1.7 percent, BNR governor Mugur Isarescu told a p...

REAL ESTATE

JLL appoints new head of Industrial for Romania

2017-02-08 11:59:21
JLL has announced that Costin Banica, business developer Industrial Agency, has been appointed to the role of Head of Industrial for Romania, effective 17 February 2017.

INVESTMENTS

Alpin 57 Lux owners receive over 200 million Euro from Asian investors

2017-02-08 10:45:21
Food Union Group, an international group of dairy and ice cream producing companies, and the owner of Romania's ice cream manufacturer Alpin 57 Lux, has received a combined 214 million Euro inve...

ENERGY

Mol Group expands its exploration portfolio with new licenses in Hungary and Norway

2017-02-07 16:54:22
Mol Group expanded its exploration portfolio by acquiring new licenses in Hungary and Norway, the company announced on the Budapest Stock Exchange.

ECONOMICS

Parliament adopts 2017 budget draft

2017-02-07 15:37:29
Parliament on Tuesday adopted the draft laws on the state budget and the social insurance budget for 2017.

ECONOMICS

AmCham: Increased budget revenues collection and high investments are essential for generating growth

2017-02-07 15:21:51
In the context of the public debates around the State Budget project for 2017, AmCham Romania reiterates the importance of a balanced budgetary projection, focused on economic growth and investm...

POLITICS

Iohannis: PSD's first concern to deal with criminals' files

2017-02-07 13:23:49
President Klaus Iohannis told the Parliament plenary session on Tuesday that the ruling party, PSD (Social Democratic Party), after winning general election, has had a "suicidal strategy", its f...

ECONOMICS

Fiat Chrysler says diesel vehicles fully compliant

2017-02-07 12:53:00
Fiat Chrysler reiterated its diesel vehicles were fully compliant with applicable emissions requirements, a spokesman said on Tuesday after the French authorities referred the carmaker's case fo...

POLITICS

Basescu: Iohannis plays faultlessly to put PSD against the wall

2017-02-07 10:44:38
The head of the state, Klaus Iohannis "played faultlessly" politically to bring the Social Democratic Party (PSD, at rule) in a difficult situation, said the former president, Traian Basescu on ...

POLITICS

Justice Ministry gives up draft law sent to CSM

2017-02-06 15:56:02
The Justice Ministry (MJ) gives up the draft law on modifying and adding the normative acts concerning the Criminal Codes, already forwarded to the Superior Council of Magistrates (CSM), as it w...

POLITICS

Minister of Justice: Bill amending Criminal codes put up for public debate

2017-02-06 13:52:25
Minister of Justice Florin Iordache announced that the bill amending the Criminal codes will be put up for debate on Monday for a 30-day period, and that it will also include the articles that h...

POLITICS

Dragnea: Nobody in Romania stands to gain from protest escalation

2017-02-06 11:16:53
Calm and stability are what is most important to Romania, leader of the Social Democratic Party Liviu Dragnea said on Sunday night, adding that nobody in the country stands to gain from the esca...

ECONOMICS

Innovation and digitisation are key to Europe's future competitiveness, industrialists say

2017-02-03 12:54:54
Industry remains the backbone of the European economy, contributing more than 30 per cent of GDP growth and more than 80 per cent of private R&D spending, a report published by the European Roun...

POLITICS

President Iohannis wants to address Parliament on 7 February

2017-02-03 11:57:12
President Klaus Iohannis sent a letter to the Heads of the two Chambers of the Legislature, in which he reveals that he wants to address Parliament on 7 February, in respect to the amendments ma...

REAL ESTATE

Colliers: Industrial and logistic stock to increase by 500,000 sqm this year

2017-02-02 17:01:18
Industrial and logistic stock will increase by about 500,000 sqm this year, continuing the upward trend of 2016, according to Colliers International. About 80 per cent of new deliveries are expe...

REAL ESTATE

Modern retail stock in Bucharest reached 1.2 million sqm, says DTZ

2017-02-02 16:03:50
The modern retail stock in Bucharest reached 1.2 million sqm at the end of 2016 and consists especially in shopping centres (56 per cent) and retail parks (33 per cent), while commercial galleri...

REAL ESTATE

Palace Estate brokered deals valued at 10 million Euro last year

2017-02-02 15:21:04
Real estate brokerage and consultancy company Palace Estate brokered real estate deals valued at 10 million Euro in 2016, a press release shows.

ENERGY

Repeated increases of the electricity prices affect distribution operators and last resort suppliers, says ACUE

2017-02-02 14:48:54
The Federation of Associations of Energy Utility Companies (ACUE) appreciates and supports the initiative of the competent authorities to analyse the current situation of the centralized energy ...

REAL ESTATE

Forte Partners to start second phase of The Bridge office project

2017-02-01 16:51:16
Local real estate developer Forte Partners will start building the second phase of The Bridge office project this year, according to Geo Margescu, managing partner of the company.

APPOINTMENTS

Immofinanz appoints Gerard Gruell to lead the retail portfolio in Europe

2017-02-01 15:46:54
Gerald Gruell has been appointed head of asset management retail Europe at Immofinanz, a press release shows. In this position, he will be responsible for Immofinanz's retail portfolio in Europe...

POLITICS

European Commission: The fight against corruption in Romania needs to be advanced, not undone

2017-02-01 13:44:28
A joint statement of president Juncker and first vice-president Timmermans from the European Commission, on the fight against corruption in Romania, shows that "the fight against corruption need...

POLITICS

Iohannis: Justice independence seriously breached; we must take attitude; first step - CCR notification

2017-02-01 13:19:22
Justice independence has been seriously breached by the Government by adopting the Government Emergency Ordinance (GEO) for the modification of the criminal codes, President Klaus Iohannis said,...

ECONOMICS

BNR: 6,400 debt discharge notifications at 2016 end

2017-01-31 14:16:13
The number of debt discharge notifications reached 6,400 at the end of 2016 and the volume of notified loans stands at 1.8 - 1.9 billion RON (400 million Euro), deputy director of the Financial ...

advertising

advertising

advertising

advertising

Most read Daily Info
» SAP to invest two billion Euro for com...
» President Iohannis: Romania's foreign ...
» EU disaster response mechanism found e...
» Iohannis at Government meeting: I disc...
» Iohannis: Enough arguments for Governm...
» OUG draft: Full pardon for sentences u...
» Antonio Tajani elected new president o...
» Profi opens its first stores this year
» Dentons advises CPI Property Group on ...
» European Commission: The fight against...
Read in the Print Edition
Sneak peek into energy's future

In the light of the new National Strategy currently being debated, where Romania faces new challenges regarding the energy market, The Diplomat - Bucharest organized in late November the "Investments for ensuri...

Romania, Czech investors' reliable partner

Romania is not inch-perfect, but it still counts as a good destination on the foreign investor's map, as confirmed by the Czech community present at the second edition of the roundtable "Czech Investments in Ro...