The magazine for informed internationals
Vol 14, no. 2, July 2018
The Diplomat Bucharest

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EDITOR'S CHOICE

Romanian bank to change name after takeover

Romanian bank to change name after takeoverU.S. investment fund J.C. Flowers is preparing to change the name of local lender Piraeus Bank, which they acquired at the end of last year from Greek group Piraeus.

U.S. Air Force to invest 40 million USD in Romanian air base

U.S. Air Force to invest 40 million USD in Romanian air baseThe U.S. Air Force plans to spend about 40 million USD on new construction and base improvements at the 71st Air Base in Campia Turzii, in Romania's Cluj county, Defensenews.com reported.

French investments at a glance: Interest still high

French investments at a glance: Interest still highFrance, Romania's fourth largest foreign direct investor, has been around since the early 1990s, with flagship names the likes of Societe Generale or Groupe Renault taking the lion's share when it comes to capitalising on the country's attractiveness. Still, there still is room to grow, despite political decisions which could worry any solid business suitor.