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Elisabeta Moraru, Google Romania
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APPOINTMENTS

Corneliu Bodea was reappointed as president of Romanian Energy Center

2017-09-22 11:53:45
Corneliu Bodea was reappointed as president of Romanian Energy Center (CRE) with 244 votes, being the only candidate. His new mandate will last until September 2020.

REAL ESTATE

Zacaria develops the first private industrial park in Craiova

2017-09-22 11:36:29
The construction works on the new business park in Craiova are ongoing and the first 10,000 sqm of industrial space will be delivered by the end of the year, the Romanian real estate developer Z...

INFRASTRUCTURE

FIC: High growth without infrastructure is not possible in the long run

2017-09-21 09:49:38
The Foreign Investors Council (FIC) believes infrastructure is key for Romania's future development and it is also one of the three pillars Romania must focus on if it is to become one of the to...

ECONOMICS

Superbet bonds start trading on Bucharest Stock Exchange

2017-09-20 12:52:19
Corporate bonds of Superbet Betting & Gaming S.A., one of the most important gambling operators in Romania, have started trading on the Alternative Trading System managed by Bucharest Stock Exch...

APPOINTMENTS

Michele Abbate was appointed as new CEO of Enel Energy and Enel Energy Muntenia

2017-09-13 16:50:50
Michele Abbate is the new CEO of Enel Energy and Enel Energy Muntenia, the two companies owned by the Enel group in Romania.

REAL ESTATE

CTP invests 15 million Euro in a new logistics park near Cluj-Napoca

2017-09-13 10:00:14
The industrial parks developer CTP invests 15 million Euro in the development of a new logistics park near Cluj-Napoca. CTPark Cluj II will be located in Floresti and will have a total leasable ...

REAL ESTATE

AFI Europe to develop AFI Brasov by 2019, its third shopping mall in Romania

2017-09-12 12:52:45
AFI Europe sets the cornerstone of AFI Brasov, the company's third shopping mall in Romania and announces the advancement of construction works.

INVESTMENTS

Bog'Art to build IKEA's second store in Bucharest

2017-09-08 14:58:26
IKEA has announced that Bog'Art will build its new store from Theodor Pallady area in Bucharest. The second store in Bucharest will be opened next year, following an investment of around 80 mill...

ECONOMICS

Romania's sovereign fund to be launched in 2018

2017-09-07 14:18:46
Romania's first sovereign fund for development and investments (FSDI) will be available starting January 1, 2018 and it will finance the developments of infrastructure alongside greenfield and b...

REAL ESTATE

Colliers International appoints Sebastian Dragomir to lead the office department

2017-09-06 14:09:49
The real estate consultancy company Colliers International strengthens its office spaces consultancy team by hiring Sebastian Dragomir for the position of Office Advisory Director.

ENERGY

AFEER: Energy price will be higher next year, but not because of the liberalization of the market

2017-09-06 11:32:40
The energy price will be higher next year, but not because of the total liberalization of the market as of 1 January 2018, but because of market conditions, said Ion Lungu, president of the Asso...

APPOINTMENTS

Metropolitan Life appoints Carmina Dragomir as CEO in Romania

2017-09-05 13:08:49
Metropolitan Life appoints Carmina Dragomir as CEO in Romania, starting October 1, after the approval of the board. Carmina Dragomir will take over this position from Emilia Bunea, who led the M...

REAL ESTATE

Ropharma launches HIpark mixed use project in Iasi following an investment of 39 million Euro

2017-09-05 12:53:58
Ropharma announces the launch of a new mixed-use project of offices and residential, with a full range of services and retail space, the estimated investment being amount to approximately 39 mil...

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INFRASTRUCTURE

European funds to be used for the modernization of road infrastructure in Iasi and Suceava

2017-09-04 16:48:34
The Minister of European Funds, Rovana Plumb, has signed a financing contract for an investment in the modernization of the road infrastructure in the Iasi and Suceava counties through the alloc...

ENERGY

Head of RWEA at the end of his mandate

2017-09-04 15:44:36
The head of the Romanian Wind Energy Association (RWEA) Ionel David stepped down after his term at the helm of the association expired.

REAL ESTATE

Estic Park to invest six million Euro for another 103 apartments in the second district of Bucharest

2017-09-04 14:45:21
Estic Park, the residential project from the second district of Bucharest, will build another 103 apartments with six million Euro, after selling 70 per cent of the first phase of the project in...

ENERGY

Hunedoara Energy Complex to reduce its losses by 80 per cent this year

2017-09-01 15:27:17
The Romanian Government adopted the 2017 budget for the Hunedoara Energy Complex (CEH), estimating that the losses of the state-owned company will be reduced by 80 per cent.

REAL ESTATE

CTP invests 18 million Euro to buy two logistics parks in Romania

2017-08-31 14:17:33
CTP invests approximately 18 million Euro in the purchase of two properties in Ineu and Salonta from the Slovak-based company IPEC Group. Together, the properties comprise a total land area of 1...

ENERGY

GE inaugurates its new Bucharest software center to support local growth

2017-08-30 14:26:01
GE speeds up growth for its software and digital resources in Romania and kicks off the recruitment campaign for GE Power's Grid Software Solutions (SWS) center in Bucharest. The company intends...

REAL ESTATE

Office vacancy drops below ten per cent in Bucharest for the first time since 2009, says C&W Echinox

2017-08-30 12:09:06
Office demand continued to be consistent in the first six months of 2017 and the level of new supply was limited compared with H2 2016. The vacancy rate in Bucharest dropped for the first time s...

REAL ESTATE

Immofinanz's net profit reached 105.3 million Euro in the first half of 2017

2017-08-30 10:50:18
Immofinanz recorded a significant increase in net profit to 105.3 million Euro in the first half of 2017 (H1 2016: -243.3 million Euro), a press release shows.

REAL ESTATE

Renault Romania began works for its future headquarters in Bucharest

2017-08-28 14:23:06
The works for the future headquarters building of Groupe Renault Romania in Bucharest - Renault Bucharest Connected (RBC) - have begun today in the presence of Yves Caracatzanis, Managing Direct...

ENERGY

Nuclearelectrica to restart negotiations for nuclear reactors 3 and 4 from Cernavoda in September

2017-08-28 12:46:08
Negotiations for the construction of nuclear reactors 3 and 4 from Cernavoda will be restarted in September, according to Nuclearelectrica's Extraordinary General Meeting of Shareholders from Au...

REAL ESTATE

CTP invests over 13 million Euro for the expansion of CTPark Timisoara

2017-08-25 11:11:55
CTP, the industrial parks developer, invests over 13 million Euro in the extension of CTPark Timisoara with 32,000 sqm, due to the increasing demand in the Western area of the country.

REAL ESTATE

Colliers International, assigned Property Manager for The Landmark office project

2017-08-24 11:29:35
The real estate consultancy company Colliers International was assigned by Piraeus Bank to offer property management services for the office project The Landmark, in the central area of the Capi...

REAL ESTATE

Sinziana Pardhan to become new country head for P3 Romania

2017-08-24 11:06:12
P3, one of Europe's leading logistics property investor-developers, has promoted Sinziana Pardhan to the role of Country Head in Romania. Pardhan, who was recently appointed as Acquisitions Dire...

ENERGY

Fondul Proprietatea accuses corporate governance weakening in Nuclearelectrica

2017-08-23 13:44:35
Fondul Proprietatea warns of weakening of corporate governance in Nuclearelectrica, regarding the two new points proposed by the Ministry of Energy in the convening notice of Nuclearelectrica's ...

REAL ESTATE

Commercial property investments in Romania reached 530 million Euro in the first six months

2017-08-22 10:17:42
In H1 2017, the total volume invested in commercial property in Romania reached 530 million Euro, compared to 370 million Euro during H1 2016, a 43 per cent increase, according to a report issue...

REAL ESTATE

AFI Europe Romania posts increasing net operating income in H1 2017

2017-08-21 13:35:12
AFI Europe Romania published its H1 2017 financial results, generating a Net Operating Income (NOI) from its income producing assets in Romania of 25 million Euro in H1, representing 11.5 per ce...

ENERGY

CET Govora reached 30 million RON profit in H1 2017

2017-07-25 12:30:43
Heat and electricity producer CET Govora registered a net profit of 30.6 million RON in the first six months of 2017, compared to a net loss of five million RON in the same period of last year....

REAL ESTATE

E van Wijk agrees new lease at P3 Bucharest park

2017-07-24 12:42:25
Pan-European logistics property investor-developer P3 has signed a deal with Logistic E van Wijk, provider of integrated transport and logistics services, to lease 10,180 sqm of warehouse space ...

REAL ESTATE

Industrial spaces demand up by 50 per cent in H1 2017, says JLL

2017-07-24 11:07:57
The total demand for industrial and logistics space continued to grow in the second quarter, so that by mid-year the leased area exceeded 350,000 square meters, 54 per cent more than the similar...

ECONOMICS

BVB second place in the region by number of IPOs in H1 2017

2017-07-21 10:05:52
Bucharest Stock Exchange (BVB) is the second market in Central and Eastern Europe where initial public offers (IPOs) were successfully concluded in the second quarter of this year, with a total ...

REAL ESTATE

IULIUS and Visma Software sign deal for 4,200 sqm in UBC 3 building within Openville Timisoara

2017-07-20 15:24:26
The IULIUS Company and Visma Software, a Norwegian developer of business management software solutions, have signed a lease agreement for office premises within the United Business Center 3 (UBC...

ENERGY

Transgaz signs Memorandum of Understanding for the Vertical Corridor

2017-07-20 15:02:08
Transgaz hosted the meeting between the representatives of the gas transmission system operators in Greece - DESFA, Bulgaria - BULGARTRANSGAZ, Romania - Transgaz, Hungary - FGSZ and ICGB - compa...

ENERGY

MOL Group partners with Evonik and thyssenkrupp for the Polyol Project

2017-07-20 13:36:19
MOL Group has signed license agreements with Evonik and thyssenkrupp, to produce propylene oxide, a key component for the production of polyether polyols. MOL intends to become a significant pro...

REAL ESTATE

C&W Echinox recruits Anamaria Tihu to expand its industrial department

2017-07-20 11:55:10
Cushman & Wakefield Echinox consolidates its industrial department by recruiting Anamaria Tihu, a specialist with over 10 years' experience in sales. Anamaria Tihu will act as a Senior Consultan...

ENERGY

OMV Petrom starts work on new polyfuel unit at Petrobrazi

2017-07-20 10:55:49
OMV Petrom says has started construction of a new Polyfuel unit at its Petrobrazi Refinery. The company says the new unit will allow conversion of LPG components into gasoline and middle distill...

INVESTMENTS

Continental and Orange to develop Timisoara Smart City project

2017-07-19 16:16:29
Continental Romania, in partnership with Timisoara City Hall and Orange Romania, will develop a smart city project for the people of Timisoara. Citizens will be able to enjoy secure Wi-Fi in Vic...

ECONOMICS

EIB lends one billion euro to Romania for transport infrastructure projects

2017-07-19 09:39:16
The European Investment Bank (EIB) is lending one billion Euro to co-finance with European Structural and Investment Funds priority transport infrastructure projects totalling 6.8 billion Euro t...

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Read in the Print Edition
Romanian Energy Awards 2017: performance and exceptional accomplishments

The Diplomat - Bucharest celebrated the winners of 21 assigned categories for both conventional and renewable energy, within a prestigious event continuing the annual tradition of acknowledgment of performance ...