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Valeriu Binig, Deloitte Romania
TarniÅ£a Power Plant (...) would be a solution to such problems as the unpredictability »
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Car market to slow down

Romania’s new car registration fell 11.3 percent in the first quarter of 2013, reaching 12,387 units, a slightly stronger decline than the EU average, according to the European Automobile Manufactu...

Residential complex to be built in Northern Bucharest
Brasov sees new solar park
Medicine and law, a necessary dialogue
ALD Automotive fleet up 13 percent
Timisoara sees 20 million Euro R&D centre
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Europe's star energy market may not be all it's cracked up to be


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POLITICS

Vasile Blaga takes over leadership of PDL

Vasile Blaga has been voted president of the Democratic Liberal Party (PDL) during the PDL Convention. He received 2,344 votes, beating Elena Udrea, who won 2,014 votes, and Monica Macovei, some way behind on 2...

ECONOMICS

Number of employees grows 100,000 in 2012

Romania's number of employees increased by nearly 100,000 last year, reaching 4.31 million people, according to Ziarul Financiar. However, the creation of another 522,000 jobs is necessary for the workforce to ...

ENERGY

Romanian Energy Law set to be changed once more

The Ministry of Economy issued a draft of emergency government ordinance (EGO) to amend the Energy Law 220/2008, after only one year from the last amendments. According to the draft that is under public deba...

INFRASTRUCTURE

Race for Comarnic-Brasov motorway contract is on

The Romanian National Company of Motorways and National Roads (CNADNR) has received four bids for the building works on the motorway linking Comarnic to Brasov, including an offer from the Vinci (France)-Aktor ...

REAL ESTATE

Skanska starts constructing office complex

Swedish group Skanska started the construction of Green Court office complex in Bucharest and will invest EUR 46 million in the first phase, which consists of a 19,500-sqm building and an underground parking lo...

APPOINTMENTS

Stefan Gheorge

has been appointed CEO of Transelectrica. Between June 2012 and February 2013, Gheorge was Hidroelectrica's CEO, and in June last year he was temporary administrator of the Transelectrica management board. He h...

INVESTMENTS

Spanish Promocion Inversolar 65's EUR 100 million PV park nearly finished

A EUR 100 million investment in a photovoltaic park, near Sebis (Arad), by Spanish company Promocion Inversolar 65, is close to completion, according to Mediafax. The Spanish firm has allocated a EUR 100 millio...

EVENTS

Irish Fasting

St. Patrick's Day's fans celebrated with Guiness beer in 85 pubs in Romania and over 100.000 locations around the world. This year, over 850.000 Facebook fans had access to an application specially designed for...

Reports

REPORTS

Last train to state aid financing due to depart

The final call for the current state aid scheme has been sounded, with 2013 the last year when investors can still apply for the existing version of the scheme. Specialists from law firm Noerr Group Romania ana...

SECTOR ANALYSIS

Green energy divides power players

Is green energy actually that green? Is it so clean, so non-polluting? In theory, green energy uses resources that already exist in nature, which do not require extraction or storage anywhere, but only collecti...

REPORTS

No power plant is an island: connecting to the grid

The renewable energy industry has a firm grip on investors' attention, with more and more RES-E plants about to connect to the grid. At the Access to the Grid conference organized by the Federation of Associati...

SECTOR ANALYSIS

Players stay their hand on cautious real estate market

The main features of the real estate market this year seem to be prudence and a thorough analysis of each move and decision. At least so it appears judging by the plans of real estate developers and investors, ...

SECTOR ANALYSIS

Private jets maintain altitude despite turbulent times

Romania's private jet (PJ) market was in full flight before 2009, but pundits say the business did not crash back to the ground during the financial crisis. The acquisition of private planes is not a luxury fad...

SECTOR ANALYSIS

CAP in hand: will new regime see agriculture reap gains or stuck in the mud?

The 2014-2020 European budget for agriculture, part of the new Common Agricultural Policy (CAP), rubberstamped by the EU Council and awaiting approval by the European Parliament, changes the financial framework...

Features

COUNTRY FOCUS

Dutch firms shift focus from cheap to skilled labor on local market

Among the various changing factors on Romania's political and economic scene are certain stable aspects on which the country should capitalize, officials say. Hans Smaling, economic counselor of the Embassy of ...

 
 

 

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