about us | newsletter | contact | archive | members area
Bogdan Dimitriu, Federal Mogul
"The local industry is more competitive now in terms of both operators and labour force »
  What´s New      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

REAL ESTATE

Commercial property investments in Romania reached 530 million Euro in the first six months

2017-08-22 10:17:42
In H1 2017, the total volume invested in commercial property in Romania reached 530 million Euro, compared to 370 million Euro during H1 2016, a 43 per cent increase, according to a report issue...

REAL ESTATE

AFI Europe Romania posts increasing net operating income in H1 2017

2017-08-21 13:35:12
AFI Europe Romania published its H1 2017 financial results, generating a Net Operating Income (NOI) from its income producing assets in Romania of 25 million Euro in H1, representing 11.5 per ce...

ENERGY

CET Govora reached 30 million RON profit in H1 2017

2017-07-25 12:30:43
Heat and electricity producer CET Govora registered a net profit of 30.6 million RON in the first six months of 2017, compared to a net loss of five million RON in the same period of last year....

REAL ESTATE

E van Wijk agrees new lease at P3 Bucharest park

2017-07-24 12:42:25
Pan-European logistics property investor-developer P3 has signed a deal with Logistic E van Wijk, provider of integrated transport and logistics services, to lease 10,180 sqm of warehouse space ...

REAL ESTATE

Industrial spaces demand up by 50 per cent in H1 2017, says JLL

2017-07-24 11:07:57
The total demand for industrial and logistics space continued to grow in the second quarter, so that by mid-year the leased area exceeded 350,000 square meters, 54 per cent more than the similar...

ECONOMICS

BVB second place in the region by number of IPOs in H1 2017

2017-07-21 10:05:52
Bucharest Stock Exchange (BVB) is the second market in Central and Eastern Europe where initial public offers (IPOs) were successfully concluded in the second quarter of this year, with a total ...

REAL ESTATE

IULIUS and Visma Software sign deal for 4,200 sqm in UBC 3 building within Openville Timisoara

2017-07-20 15:24:26
The IULIUS Company and Visma Software, a Norwegian developer of business management software solutions, have signed a lease agreement for office premises within the United Business Center 3 (UBC...

ENERGY

Transgaz signs Memorandum of Understanding for the Vertical Corridor

2017-07-20 15:02:08
Transgaz hosted the meeting between the representatives of the gas transmission system operators in Greece - DESFA, Bulgaria - BULGARTRANSGAZ, Romania - Transgaz, Hungary - FGSZ and ICGB - compa...

ENERGY

MOL Group partners with Evonik and thyssenkrupp for the Polyol Project

2017-07-20 13:36:19
MOL Group has signed license agreements with Evonik and thyssenkrupp, to produce propylene oxide, a key component for the production of polyether polyols. MOL intends to become a significant pro...

REAL ESTATE

C&W Echinox recruits Anamaria Tihu to expand its industrial department

2017-07-20 11:55:10
Cushman & Wakefield Echinox consolidates its industrial department by recruiting Anamaria Tihu, a specialist with over 10 years' experience in sales. Anamaria Tihu will act as a Senior Consultan...

ENERGY

OMV Petrom starts work on new polyfuel unit at Petrobrazi

2017-07-20 10:55:49
OMV Petrom says has started construction of a new Polyfuel unit at its Petrobrazi Refinery. The company says the new unit will allow conversion of LPG components into gasoline and middle distill...

INVESTMENTS

Continental and Orange to develop Timisoara Smart City project

2017-07-19 16:16:29
Continental Romania, in partnership with Timisoara City Hall and Orange Romania, will develop a smart city project for the people of Timisoara. Citizens will be able to enjoy secure Wi-Fi in Vic...

ECONOMICS

EIB lends one billion euro to Romania for transport infrastructure projects

2017-07-19 09:39:16
The European Investment Bank (EIB) is lending one billion Euro to co-finance with European Structural and Investment Funds priority transport infrastructure projects totalling 6.8 billion Euro t...

ECONOMICS

Over 19,000 business plans submitted for Start-Up Nation program

2017-07-18 12:53:31
Start-Up Nation Government program attracted over 19,000 business plans and a new edition will take place next year, said Ilan Laufer, Minister for the Business Environment.

ECONOMICS

Chinese delegation seeks investment opportunities in Romania

2017-07-14 12:51:16
Prime Minister Mihai Tudose discussed at the Victoria Governmental Palace on Thursday about the opportunities to invest in Romania with an official delegation of the People's Republic of China, ...

ECONOMICS

Deloitte: The M&A market has doubled in the first half of the year

2017-07-13 15:19:58
The M&A market in Romania has reached 889 million Euro in the second quarter of the year according to public sources and disclosed transactions, more than double compared to the first quarter, a...

APPOINTMENTS

TotalSoft appoints Adina Gurgu as Chief Technology Officer

2017-07-13 13:20:59
TotalSoft, one of the leading ERP and financial solutions providers internationally, announces the appointment of Adina Gurgu as Chief Technology Officer (CTO), who will be starting August respo...

ECONOMICS

New trading symbol for Patria Bank shares on Bucharest Stock Exchange

2017-07-13 12:38:36
Patria Bank shares, a credit institution that operates on the Romanian banking sector, are traded under a new symbol on the Bucharest Stock Exchange (BVB) market, following the successful merger...

APPOINTMENTS

Franz Weiler is the new president of the Foreign Investors Council

2017-07-12 14:41:57
The Board of Directors of the Foreign Investors Council (FIC) elected, for a one-year mandate, its new President, Franz Weiler. He is the CEO of Uniqa Asigurari and, during his past mandate in t...

REAL ESTATE

Globalworth to develop new headquarters for Groupe Renault Romania

2017-07-12 11:32:20
Globalworth Real Estate Investments announces the acquisition of a 57,000 sqm land plot previously owned by Coca-Cola HBC Romania and the development of Groupe Renault Romania's new headquarters...

APPOINTMENTS

Bayer Romania appoints Gerhard Waltl as head of the Pharmaceutical division

2017-07-11 16:06:03
Starting with mid-June 2017, the Pharmaceutical division of Bayer Romania has a new leadership, following the appointment of Gerhard Waltl as Country Commercial Lead.

ENERGY

E-Distributie Dobrogea invested 11 million RON to modernize Mircea Voda station

2017-07-11 14:36:01
E-Distribution Dobrogea has invested about 11 million RON (2.4 million Euro) for the modernization of the Mircea Voda transformation station from Calarasi County, which supplies electricity thro...

REAL ESTATE

Portland Trust reached almost 80 per cent occupancy rate for Oregon Park project

2017-07-10 11:34:58
Portland Trust, one of the most important real estate developers in Romania, announced a leasing contract for 35,000 sqm of office space in Oregon Park, accounting for 78.6 per cent of the total...

APPOINTMENTS

Ana Hotels appoints Vasile Iuga as president of the Administration Council

2017-07-07 14:55:37
Ana Hotels appoints Vasile Iuga as president of the Administration Council starting July 1. He will replace Alexandra Copos de Prada, who decided to dedicate to her business that she leads since...

REAL ESTATE

Israeli developer SBR to start second phase of New Point residential project in Bucharest

2017-07-06 13:48:10
Israeli-based real estate developer, Shikun & Binui RED, announces that has sold 50 per cent of the first phase from the residential compound New Point, localized in Pipera, North of Bucharest a...

ENERGY

Hidroelectrica appointed new Management Board

2017-07-06 10:13:35
The Supervisory Board of Hidroelectrica has appointed three new members in the Management Board, President Bogdan Nicolae Badea and members: Marian Bratu and Mihai-Val Zdru.

REAL ESTATE

Skanska to develop new office project in Bucharest

2017-07-05 14:00:12
Skanska starts the construction of the first phase of the Equilibrium office project, located in the northern part of Bucharest, in the Barbu Vacarescu - Floreasca area. The first building will ...

REAL ESTATE

AFI Europe Romania receives LEED Platinum pre-certification for AFI Tech Park business campus

2017-07-04 16:46:05
AFI Tech Park, the newest office project developed by AFI Romania, achieved LEED Platinum pre-certification, the most prestigious recognition awarded by the United States Green Building Council ...

ENERGY

CEZ Group reports EBITDA of 466 million RON in 2016

2017-07-04 15:29:17
CEZ Group in Romania reported in 2016 a profit before interests, taxes, depreciation, and amortization (EBITDA) of 466 million RON, eight per cent more than in 2015, the company representatives ...

INVESTMENTS

British American Tobacco invests 60 million Euro to increase factory production in Ploiesti

2017-07-03 12:58:30
British American Tobacco (BAT), one of the largest cigarette manufacturers in Romania, announced on Monday that this year, the company will invest 60 million Euro in the construction of a new pr...

REAL ESTATE

Globalworth to become the sole owner of the Green Court Bucharest Campus

2017-06-30 10:39:45
Globalworth Real Estate Investments has announced the acquisition of Building "C" of the Green Court Bucharest campus developed by the Swedish group Skanska, a press release shows. The gross tra...

REAL ESTATE

Colliers International to manage Phoenix Tower and Construdava office buildings in Bucharest

2017-06-29 13:54:03
The real estate consultancy company Colliers International Romania was appointed by the Adam Europe Group to take over the management of Phoenix Tower and Construdava office buildings, a press r...

ECONOMICS

Romanian ruling coalition plans tax overhaul ahead of key parliament vote

2017-06-29 12:36:02
Romania's ruling Social Democrats unveiled plans on Thursday to overhaul taxation from 2018, ditching a flat 16 per cent tax on income and profit that has attracted investment into the European ...

ECONOMICS

Business Lease posts four million Euro turnover in the first semester of 2017

2017-06-28 14:02:59
Business Lease, international company providing complete mobility solutions through Operational Leasing, Car Fleet Management and Rental in Romania, closes its first semester of 2017 with a turn...

ECONOMICS

EU bank supports expansion of Regina Maria private healthcare network in Romania

2017-06-28 12:43:46
The European Investment Bank (EIB) is lending 15 million Euro to support the expansion of a private healthcare network in Romania, a press release shows. This agreement is backed by the guarante...

ECONOMICS

EBRD launches energy efficiency framework for Romanian households

2017-06-27 13:48:15
Supporting Romanian households to save energy and money, the European Bank for Reconstruction and Development (EBRD) is launching a 100 million Euro Green Economy Financing Facility (GEFF) for t...

ENERGY

General Electric to provide turbine technology for the new combined-cycle power plant in Iernut

2017-06-27 10:31:25
General Electric (GE) has been awarded an order from the consortium Duro Felguera (DF Energy) - Romelectro for core technology in a new combined-cycle power plant from Romgaz in Iernut, Romania....

ECONOMICS

Fondul Proprietatea urges President Iohannis not to promulgate the Ports Law

2017-06-26 14:34:29
Fondul Proprietatea has sent a letter to President Klaus Iohannis outlining several reasons that constitute, in the Fund's view, a strong basis for the non-promulgation of the recently adopted l...

POLITICS

President Iohannis to hold political consultation to designate future PM

2017-06-26 10:04:06
Parliamentary parties are invited today to the Cotroceni Presidential Palace for consultations with President Klaus Iohannis over the designation of the future prime minister, Agerpres reads.

ENERGY

Hidroelectrica posts 165 million Euro profit in five months

2017-06-23 14:42:07
Hidroelectrica registered a gross profit of 743.7 million RON (around 165 million Euro) in the first five months of 2017, representing an increase of 26 per cent compared to the same period in 2...

advertising

advertising

advertising

advertising

advertising

Most read Daily Info
» Coaching - a journey one must never un...
» Liceul Teoretic International de Infor...
» Orange Romania: Two decades of growing...
» TotalSoft appoints Dania Selaru as EAS...
» Hidroelectrica posts 165 million Euro ...
» General Electric to provide turbine te...
» Colliers International to manage Phoen...
» President Iohannis to hold political c...
» EBRD launches energy efficiency framew...
» Business Lease posts four million Euro...
Read in the Print Edition
Romanian Energy Awards 2017: performance and exceptional accomplishments

The Diplomat - Bucharest celebrated the winners of 21 assigned categories for both conventional and renewable energy, within a prestigious event continuing the annual tradition of acknowledgment of performance ...