about us | newsletter | contact | archive | members area
Nicolae Ghibu, Certsign
Regulations will come gradually and will cover all areas»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

REPORTS

New real estate bubble? It depends on who you ask

Romania's GDP has been outperforming those of neighbouring CEE countries as of last year, but its Central Bank warns that the mortgage bonanza might lead to a second real estate bubble. With mar...

REPORTS

Romania struggles to save face ahead of Euro 2020

With less than two years until the start of the 2020 UEFA European Football Championship, Romania struggles to finish its stadiums by kick-off time. And with roughly 200,000 fans flooding the ca...

EDITORIAL

Changing the game - Reinvention

Reinvention is all about letting go of everything but your very best and finding even better ways of using it. The true essence of sustainability is reinvention.

SECTOR ANALYSIS

Blockchain how it's made and what can we do with it

In the context of the "fourth industrial revolution" that everyone is talking about these days, The Diplomat - Bucharest analyses how an emerging technology like blockchain can be used for impro...

SECTOR ANALYSIS

Cryptocurrency exchanges. The new outsourcing El Dorado?

Customer experience has become the new competitive battleground for crypto exchanges. Cryptocurrency exchanges seeking to maintain or gain an advantage in this highly competitive market need to...

POLITICS

President Iohannis urges Romanians to be more united, stay involved in modernizing Romania

Romania's President Klaus Iohannis urged Romanians in France to be more united and stay involved as much as they are now in helping modernise Romania.

ECONOMICS

Dacia receives 115.8 million RON in state aid from the Finance Ministry

The Romanian Finance Ministry has signed five more grant agreements under the state aid scheme, and among the beneficiaries are Automobile Dacia, with RON 115.8 million.

ECONOMICS

Europe must become a producer of new technologies, not just a consumer of technologies, says EC

Europe must become a producer of new technologies, not just a consumer of technologies, said Gerard de Graaf, Director for the Digital Single Market in Directorate-General "Communications Networ...

ECONOMICS

Two billion youth risk of being left behind in the Fourth Industrial Revolution workforce, says Deloitte

Almost two billion youth worldwide risk of being left behind in the Fourth Industrial Revolution (Industry 4.0) workforce, which is changing at an increasingly rapid pace as a result of the emer...

ECONOMICS

ArcelorMittal receives binding offer for European assets from Liberty

British-owned Liberty announced a conditional agreement to buy four European steel plants, employing more than 12,500 people.

ECONOMICS

The Romanian labour market needs a well-thought approach, says FIC

The Foreign Investors Council (FIC) has signaled in the past 2-3 years that its members are anticipating increasing strains on the Romanian labour market because starting with 2015-2016 their me...

ECONOMICS

OTP Bank Romania signs investment funds distribution deal with Eurobank Fund Management Luxembourg

OTP Bank Romania signed a partnership with Eurobank Fund Management Company (Luxembourg) for the distribution of investment funds in Romania. Thus, from December 1st, OTP Bank Romania becomes th...

ECONOMICS

EBRD cuts economic growth forecast for Romania

Romania's economy will grow by 4.2 per cent this year and by 3.6 per cent in 2019, according to the most recent forecast released by the European Bank for Reconstruction and Development (EBRD)....

ECONOMICS

Catrina, MCSI: Romania is ready to roll up its sleeves and work during the presidency of the EU Council

Romania is ready to roll up its sleeves and work during the presidency of the Council of the European Union (EU), said Maria Manuela Catrina, State Secretary at the Ministry of Communications an...

ECONOMICS

Revolut gets European banking license

Fintech startup Revolut is now officially a bank. While the startup initially expected to get its European banking license during the first half of 2018, the company has finally come out of the ...

ECONOMICS

Fondul Proprietatea expresses disappointment over Engie listing rejection

Fondul Proprietatea is disappointed with the decision taken by the majority shareholder of Engie SA, Romania Gas Holding B.V., to oppose the listing of the company, according to a press release....

ENERGY

Corina Popescu is the new CEO of Electrica

The Board of Directors of Electrica, one of the most valuable companies where the state is the main stakeholder, has agreed to end the collaboration with its CEO Dan Catalin Stancu starting Nove...

ENERGY

Romgaz posts a net profit of 1.02 billion RON in the first nine months of 2018

Romania's natural gas company Romgaz posted a net profit of 1.02 billion RON in the first nine months of 2018, a decrease of 14 per cent compared to the year-ago period. Total revenue stood at 3...

ENERGY

Black Sea Oil & Gas signs the gas sales agreement with Engie for natural gas supply from the MGD project

Black Sea Oil & Gas together with its co-venture partners, Petro Ventures Resources and Gas Plus International, announced the signing of the gas sales agreement with Engie through its subsidiary...

ENERGY

Economy-wide minimum wage must be done through a transparent, objective and predictable mechanism, says ACUE

The members of the Federation of Associations of Energy Utility Companies (ACUE) expressed their concern over frequent changes to labor legislation, promoted by the Government over a short time ...

ENERGY

MOL Group posts 835 million USD profit for the first nine months of 2018

MOL Group announced its financial results for the third quarter of 2018. With a net profit of 323 million USD in Q3, the company reached a profit of 835 million USD for the first nine months of ...

ENERGY

Valentin Radu receives new mandate as chair of Electrica's board of directors

Electrica's board of directors decided to appoint Valentin Radu as chair of the board of directors for a mandate of one year, starting with 12 December 2018.

ENERGY

Tinmar Energy to reach 80 million RON profit in 2019, invest in household business

Tinmar Energy estimates a profit of 80 million RON for 2019, after a 73 million RON result for this year, according to Augustin Oancea, CEO of the company. He claims the turnover for 2018 will b...

ENERGY

Black Sea Oil & Gas and Transgaz sign 15-year contract for the MGD Project gas production transmission into the NTS

Transgaz and Black Sea Oil & Gas signed the gas transmission contract for the transport of the Midia Gas Development Project (MGD Project) production into the National Transmission System (NTS)....

ENERGY

CE Oltenia denies media allegations, says it has no state debts

State-owned company CE Oltenia denies the allegations in the local media, according to which it has debts to the state budget worth over 100 million Euro, a press release shows.

INVESTMENTS

Romanian city gets EBRD funds for green buses and buildings rehabilitation

Around 300,000 inhabitants of Romania's city Craiova will benefit from a 15 million Euro long-term loan from the EBRD which will finance key urban projects in the city.

INVESTMENTS

Radiocom gets EIB funds for the digitalisation of Romania's terrestrial broadcasting infrastructure

The European Investment Bank (EIB) is lending 9.78 million Euro to Romanian public company Societatea Nationala de Radiocomunicatii SA (Radiocom) to partially finance the digitalisation of the c...

INVESTMENTS

Intracom Telecom introduces new Intelligence Surveillance Reconnaissance Platform

Intracom Telecom, a global telecommunication systems and integrated security solutions provider, announced the launching of SIS-C2, a command and control and integration management platform for ...

INVESTMENTS

FAN Courier consolidates its leading position on the Romanian courier market, accelerates investment

FAN Courier is consolidating its leadership position on the local courier market for the 12th consecutive year, amid doubling of investments and market growth.

INVESTMENTS

OTP Bank Romania to double its IT team to support its digital development plans

OTP Bank Romania will double its IT team in order to support its digital development plans for next year.

INVESTMENTS

Bittnet finances two investment projects by a new issue of bonds trading on Bucharest Stock Exchange

Bittnet, the first IT company listed on the AeRO market of Bucharest Stock Exchange, launched its third corporate bonds issue worth a total of 4.7 million RON, which began trading on the Alterna...

INVESTMENTS

Digi Communications to continue its local market growth, expands abroad

Digi Communications (RCS&RDS) has continued to grow in 2018 both locally and on foreign markets where it operates, according to CEO Serghei Bulgac. He said that the two billion Euro worth of inv...

INVESTMENTS

GapMinder fund invests in FintechOS, a start-up that develops AI solutions for the financial services industry

FintechOS, a company specializing in accelerating the digital transformation of financial institutions, has attracted 600,000 Euro of funding from the GapMinder investment fund.

APPOINTMENTS

Violeta Luca is the new general manager of Microsoft Romania

Microsoft announces the appointment of Violeta Luca as general manager for operations in Romania starting in November this year. She joined Microsoft Romania for the first time in February 2015 ...

GREEN

Romanian NGO EFdeN ranks 4th in Solar Decathlon 2018 competition

Romanian NGO EFdeN ranked fourth at Solar Decathlon 2018 competition but has been named World Champion of Communication and Double Vice World Champion at the Engineering and Construction Test an...

APPOINTMENTS

Christophe Dridi is the new general manager of Automobile Dacia and Groupe Renault Romania

Groupe Renault announces the appointment of Christophe Dridi as General Manager of Automobile Dacia and Groupe Renault Romania as of January 1, 2019.

REAL ESTATE

Belgian real estate developer WDP to launch new 75 million Euro projects in Romania

WDP kicked off its Investor Day in Romania by announcing an additional investment volume of around 75 million Euro, amounting to some 130,000 sqm in property, both through new development projec...

REAL ESTATE

CTP increases its international portfolio to five million sqm lettable milestone

CTP announces the reaching of the five million sqm lettable milestone this month. The company has developed a portfolio of business parks over the past 20 years located throughout central Europe...

REAL ESTATE

certSIGN leases 2,300 sqm in AFI Tech Park 1 office building

The Romanian IT company certSIGN has leased 2,300 sqm in AFI Tech Park 1 office building, which now reached a 60 per cent occupancy rate.

1 Comment

REAL ESTATE

Christmas leads to material implications for retail and office market players, says Colliers

December is a time for Romania to score positive results for sales at supermarkets, hypermarkets or discounters as well as for gifts, offering generous returns for retailers in shopping centers ...

REAL ESTATE

Crosspoint Real Estate appointed exclusive sale agent for H Pipera Lake residential project in northern Bucharest

Crosspoint Real Estate has been appointed exclusive agent for the sale of the units in H Pipera Lake residential project, developed by Hagag Development Europe.

REAL ESTATE

P3 acquires 16 hectare site for new park in North West Bucharest

P3 Logistic Parks has acquired a 16-hectare site in Dragomiresti Vale, a prime logistic location on the north west outskirts of Bucharest. A new 80,000 sqm logistics park - to be known as P3 Bu...

REAL ESTATE

Building for the future, now

The decision to buy a house is one we probably make once or twice in our lifetime. Therefor we want this decision to be the right one. A house should last the passing of time, fostering beautifu...

REAL ESTATE

Almost 90 per cent of industrial and logistics stock is condensed in cities with highway access, says C&W Echinox

Romania's industrial and logistics market is currently benefitting from its best period in history, both in terms of supply and demand, with development being condensed in a number of large citi...

REAL ESTATE

Belgian WDP signs lease agreement with Auchan for 77,000 sqm of logistics space

WDP has signed an agreement for the development and lease of 77,000 sqmof logistics warehouse space at its existing site at Bucharest for retailer Auchan. The investment budget amounts to around...

REAL ESTATE

Speedwell starts Record Park, a 42 million Euro mixed use project in Cluj-Napoca

Real estate developer Speedwell started the construction works of Record Park, the first mixed use development and urban regenerating project in Cluj-Napoca. The development process will attract...

REAL ESTATE

Immofinanz posts profit rise to 135 million Euro after nine months in 2018

Immofinanz has announced that its net profit turned positive with a significant increase to 135.0 million Euro after nine months in 2018. The results of operations more than doubled year-on-year...

REAL ESTATE

Lagardere Travel Retail to open a 1 Minute store in Unirii View offices

Lagardere Travel Retail Romania will open a new 1 Minute restaurant within Unirii View office project, in February 2019, according to a press release.

REAL ESTATE

Taco Bell to open a restaurant in Openville Timisoara mixed-use project

The world's largest fast food chain serving Mexican-inspired foods is coming to Timisoara. Taco Bell will open its first location in the west of Romania in the United Business Center 1 class off...

REAL ESTATE

Skanska delivers the first building of the Campus 6 office project in Bucharest

Skanska inaugurates Campus 6.1, the first completed building in Campus 6, a project that marks the expansion of Skanska Romania in the Center - West area of the capital.

1 Comment

REAL ESTATE

AFI Europe Romania posts 40.6 million Euro net operating income, up eight per cent in the first nine months

AFI Europe Romania published its financial results for the first nine months of this year (January - September). The data indicate a positive trend, with a eight per cent increase in net operati...

REAL ESTATE

Polish brands continue entering the Romanian market

The Polish sportswear retailer, 50 Style, opened in October its first store in Romania, in Bucharest's Iris Shopping Center, Titan area, on a surface of 315 sqm. Its entry on the local market co...

REAL ESTATE

Hagag to buy new building near Romanian Athenaeum and to turn it into hotel

Israeli real estate developer Hagag is negotiating with Romanian entrepreneur Victor Olaru the acquisition of a new building located on Bucharest's Georges Clemenceau Street, near the Romanian A...

advertising

advertising

advertising

Read in the Print Edition
Romania struggles to save face ahead of Euro 2020

With less than two years until the start of the 2020 UEFA European Football Championship, Romania struggles to finish its stadiums by kick-off time. And with roughly 200,000 fans flooding the capital city to ch...

New real estate bubble? It depends on who you ask

Romania's GDP has been outperforming those of neighbouring CEE countries as of last year, but its Central Bank warns that the mortgage bonanza might lead to a second real estate bubble. With market analysts poi...