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    Energy

    Schneider Electric finds AI-enabled buildings can cut energy use by up to 22%, save on annual utility costs and carbon (P)

    Schneider Electric published a new research finding that AI-enabled buildings can cut whole-building energy use by up to 22% against traditional controls. The research highlights annual utility savings as $13,600 to $49,300 per building at current commercial rates, helping organizations reduce operating costs every...
    Finance

    tbi bank extends financing to Ananda Group to a total of 53.4 million euros

    tbi bank is providing a new 4.4 million euros financing facility to Ananda Residence Biruinței 9, part of Ananda Group, to support the development of its residential projects. The new facility has a 24-month maturity, with the principal repayable in full at maturity. The...

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    Economics

    Filip & Company assists Mozaik Investments with the acquisition of several fitness centres

    Filip & Company law firm has provided legal assistance to the private equity fund...
    Latest News

    Romanians are increasingly turning to AI for health information. Income is the main obstacle to healthcare investment

    Romania stands out for the speed at which consumers are adopting AI in healthcare....
    Latest News

    Alexandre Ceccacci appointed to lead Airbus in Romania

    Airbus has appointed Alexandre Ceccacci as Head of Airbus in Romania and Managing Director...
    Economics

    14 Investor Relations Awards, international guests and regional perspectives to mark the 8th edition of Gala by ARIR

    ARIR (the Romanian Investor Relations Association), the organisation promoting Investor Relations (IR) in Romania,...
    Latest News

    SAP appoints Hermann Erlach as Managing Director for Central and Eastern Europe

    SAP has appointed Hermann Erlach as Managing Director for Central and Eastern Europe, effective...
    Economics

    Strabag completes acquisition of Romanian railway infrastructure specialist BAWI Construction

    Acquisition of 100 % of BAWI Construction SRL successfully completed Strengthening STRABAG’s railway...
    Finance

    KPMG in Romania and Moldova: Local Talent, Regional Impact and New Leaders on the Team

    The contribution of KPMG leaders from Romania and Moldova is being recognized both locally...
    Business & Investments

    PEFA: Business Outlook arrives in Brasov: leaders of the business environment and public institutions, gathered for competitiveness, investments and regional development (P)

    The European Business Women's Employers' Association PEFA and SME Brașov organize, with the support...
    Energy

    Transelectrica signs contract and launches rehabilitation of the Alba Iulia 220/110/20 kV substation

    Transelectrica has signed the design and execution contract for the "Pilot Project: The rehabilitation...
    Investments

    STRABAG invests 3 million euros in a new asphalt plant in Romania

    STRABAG Romania announces the commissioning of a new asphalt mixing plant in Avrig, Sibiu...
    Latest News

    Schneider Electric and Elsaco Electronic develop integrated electrical solutions for three major cogeneration projects in Romania (P)

    Schneider Electric is expanding its more than 15-year collaboration with Elsaco Electronic by contributing...
    Latest News

    Auchan celebrates 20 years in Romania with customer offers and new community projects

    In the year marking 20 years of presence on the Romanian market, Auchan Romania...
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    Latest articles

    Energy

    Schneider Electric finds AI-enabled buildings can cut energy use by up to 22%, save on annual utility costs and carbon (P)

    Schneider Electric published a new research finding that AI-enabled buildings can cut whole-building energy...
    Energy

    State Secretary Cristian Busoi: “Romania has no clear timeline for restart of Cernavodă reactors”

    Romania still has no clear timeline for the restart of Units 1 and 2...
    Finance

    tbi bank extends financing to Ananda Group to a total of 53.4 million euros

    tbi bank is providing a new 4.4 million euros financing facility to Ananda Residence...
    Energy

    George Niculescu, ANRE: “Romania must accelerate grid investment as energy projects mature”

    Romania’s energy regulator is beginning to see the effects of measures designed to weed...

    Since 2004, 'The Diplomat - Bucharest' aims to bring a fair and balanced analysis and comprehensive coverage of the political and business scene in Romania.

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