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POLITICS

President Iohannis participates in Nuclear Security Summit in Washington

President Klaus Iohannis is paying a visit to the US to attend the Nuclear Security Summit held in Washington

ECONOMICS

Continental's tire plant in Timisoara produced and supplied 1.4 million tires to Automobile Dacia in 2015

Continental, one of the biggest automotive suppliers and one of the most important tire producers worldwide, produced and supplied 1.8 million tires in 2015 for Automobile Dacia, 1.4 million being delivered dir...

ENERGY

Romania exported 360 million Euro in power to neighbouring countries

In 2015, Romania reached a value of 360 million Euro worth of energy exports to neighbouring countries. Thus, last year exported power lit one in every ten bulbs in Bulgaria, according to analysis by Ziarul Fin...

REAL ESTATE

AFI Europe in advanced talks with major hypermarkets to anchor in AFI Palace Brasov

AFI Europe is conducting advanced talks with major hypermarkets to anchor within AFI Palace Brasov, a project due for launch in the fourth quarter of 2017. According to David Hay, CEO AFI Europe Romania, the co...

INFRASTRUCTURE

Works at A2 highway postponed during summer season

The scheduled repair works for the Bucharest-Fundulea segment of the A2 highway will start in September, after the ending of summer season, according to CNADNR manager Narcis Neaga

APPOINTMENTS

EUGEN ANICESCU

Eugen Anicescu, 39, has been appointed Country Manager of Coface Romania after Constantin Coman, the manager in title until March, took over the position of Group Director within the French Insurer in Paris. Eu...

INVESTMENTS

Brasov sees 1.8 million Euro investment from Wind Speed

In late March, Romanian transport and logistics company Wind Speed invested 1.8 million Euro in Victoria, Brasov county, where it opened a temperature-controlled warehouse to serve manufacturers and distributor...

AGRIBUSINESS

Tetra Pak: bio dairy market will continue to grow in the next five years

The organic dairy market will continue to grow in coming years, both on the organic milk core segment and among the value-added products, according to a company release quoted by Ziarul Financiar. The developme...

GREEN

Environment Minister: Vacaresti Delta status of natural park continues progress

Romania's Minister of Environment, Water and Forests, Cristiana Pasca - Palmer, said in late March that the Government Decision (GD) through which Bucharest's Vacaresti Delta in Sector 4 will acquire the status...


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Reports

REPORTS

Projecting the Future

In light of the 2007-2013 programming period experience, where Romania faced major difficulties in attracting European funds, The Diplomat - Bucharest organized in early February the first 'Project Management and European Funds' conference

REPORTS

Thermal Energy Forum 2016: Coveting new technologies

While 2015 was a very active year in terms of international reflection on energy and climate change, after the Paris summit last November, the need for new technologies emerged as an essential topic

REPORTS

Repatriot: Bringing Romania together

It's no secret that home is where the heart is and that thousands of Romanians who have left the country in pursuit of prosperity would love to come back, but corruption and low standards of life are their arguments for not doing so

Features

SECTOR ANALYSIS

Hello, market

With more than 20 years of telecom history-making in Romania, the companies in the field, under the skies of keen local competition with significant projects to be launched, are also keeping an eye on the broader European digital market by Magda Purice

SECTOR ANALYSIS

Automotive industry hits the comeback road

After a dismal period where it fell six consecutive times, Romania's automotive sector started two years ago to pull the steering wheel in the right direction and it plans to keep the headlights on this year also. Alexandra Cioboata (Lopotaru) talks to major automotive companies to look into stimulating factors, bottlenecks and trends of the industry that seem to want to turn increasingly more green

SECTOR ANALYSIS

Romania's tourism: a walk on thin air

Last year, Romania's tourism had a tumultuous trip itself due to domestic legal changes, introduction of holiday vouchers, terrorist attacks and alerts. This year it plans to put in its backpack more maturity and consolidation

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

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

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

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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Waiting to take-off

Is Romania successful at exploiting its touristic potential?


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