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LIUDMILA CLIMOC, ORANGE ROMANIA
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POLITICS

Four new ministers at Transports, Communications, Education and Relations with Romanians Abroad

July brought novelties in ministerial structure, with Prime Minister Dacian Ciolos discharging four ministers: Dan Costescu (Transports), Marius Bostan (Communications), Adrian Curaj (Education) and Dan Stoenes...

ECONOMICS

John Griffin, Australia's Ambassador to Romania

"I want to promote Romania as a potential destination for Australian investors"

ENERGY

Transgaz and Transelectrica to sign agreements with specialized companies in Vietnam

During the visit of Dacian Ciolos, Prime Minister of Romania, to Vietnam in mid-July, Transgaz and Transelectrica signed Memoranda with specialized companies, the Energy field receiving increased attention in t...

REAL ESTATE

ParkLake scheduled for opening on September 1

Sonae Sierra and Caelum Development announced the opening date for ParkLake as September 1, 2016. The doors will open to the public and a new attractive shopping experience will become available in the heart of...

INFRASTRUCTURE

CCIFER: Infrastructure is essential indicator of economy's competitiveness

The representatives of French companies in Romania have recently launched the "White Paper of Construction", through which foreign investors get informed about the state of infrastructure of a country before in...

INVESTMENTS

Wizz Air invests 100 million Euro in its Bucharest base

In late May, Wizz Air announced the increase of its transport capacity by adding a new aircraft to its Bucharest base. Starting November 2016, the Romanian capital will have nine planes, according to Capital. T...

AGRIBUSINESS

Government reduces VAT for agricultural services, seeds, pesticides and fertilizers to nine per cent

VAT for agricultural services, seeds, pesticides and fertilizers is set to decrease from 20 per cent to nine per cent, announced Prime Minister Dacian Ciolos in late June, most probably starting on 1 August thi...

GREEN

1.1 million Euro Norwegian Grants for SIGUREC development in terms of WEEE and glass

The Norwegian Government, through the Norwegian Grants, has co-funded with 1.1 million Euro the SIGUREC project to collect recyclable waste implemented by GreenWEEE International, whose total value amounts to 2...


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Reports

REPORTS

Insurance: Consolidation and digital technology reshape the market

While the Romanian market sees companies such as Astra and Carpatica Asig going bankrupt, major shift and a new consolidation is expected during the next years, Ovidiu Demetrescu, partner, London Brokers, tells The Diplomat- Bucharest. And the 400-brokerage market will go down to just 250 players in the next five years. By Bogdan Tudorache

Features

COUNTRY FOCUS

French investments in Romania: A Tint of Savoire-Faire

France and Romania became business partners in the early 90s and since then the bonds have been built on trust and mutual commitment. Currently, France is the fifth-largest foreign investor and the fourth-largest trading partner of Romania, intending to keep enhancing its footprint

SECTOR ANALYSIS

2016's Courier Industry: Testing the Waters

Romania's courier business is pretty dynamic these days and tends to become more and more high tech as players are trying to find innovative solutions to keep up with users' need for mobility. Credit card payment on delivery through MPOS, or collection points or parcel lockers that Romanians can access at any time will soon become a common practice

COUNTRY FOCUS

Local potential, converted to competitive leads

Romania and US develop a joint cooperation and strong partnership in economy trade and regional security, based on optimist figures on macroeconomic perspective. US Ambassador and AmCham top representatives detail on main aspects to be further addressed. By Magda Purice

COUNTRY FOCUS

The US bond

Keep it simple and safe, would be a possible axiom of bilateral trade and diplomatic bonds between Romania and US, consolidating a strong dialogue at every named level. The Diplomat – Bucharest talked with several major companies, representative institution and US Embassy to take the pulse of investment trend, strategic bond and prospects on the local market By Magda Purice

DECISION MAKERS

Prospects of Further Development

Western Romania is a success story, considering the current and real development perspectives. The city on Bega maintains the traditional role of triggering the national development countrywide, shown by statistics ranking Timisoara as second after Bucharest in terms of business growth Text courtesy of Nicolae Robu, mayor of Timisoara

SECTOR ANALYSIS

Romanian Energy Awards 2016 - Cream of the crop in energy

After more than a month of intricate deliberation process conducted by a prominent jury, The Diplomat - Bucharest celebrated the winners of 20 assigned categories for both conventional and renewable energy, within a prestigious event continuing the annual tradition of acknowledgment of performance and exceptional accomplishments in the Romanian energy sector. By Bogdan Tudorache

DECISION MAKERS

IT and outsourcing have generated more than 10,000 well-paid jobs in Iasi

Iasi has become one of the most sought Tier-2 cities in Romania for IT and outsourcing, while European projects worth 133 million Euro have helped the city increase its competitiveness. Alexandra Cioboata talks to Mihai Chirica, the newly-appointed mayor of Iasi, to take the pulse of the city

SECTOR ANALYSIS

Transport and Logistics: Still on the Move

While the local transport and logistics industry sees double-digit growths y-o-y, its players dream of Romania as an international hub. However, its future depends heavily on infrastructure without which it will lose business to other countries. Alexandra Cioboata talks to major players to chart the market's course this year

SECTOR ANALYSIS

The path to circular economy: waste as resource

Text courtesy of Mr. Constantin Damov, Green Group co-founder

 
 
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