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Pascal Robin, Sanofi Romania
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ECONOMICS

Vardinogiannis Group finalized the acquisition of Marfin Bank in Romania

2018-07-19 10:41:41
Vardinogiannis Group, one of the most solid and well capitalized business conglomerates in Europe, finalized the acqusition of Marfin Bank, after receiving approval from the National Bank of Rom...

ECONOMICS

Continental to list powertrain division mid-2019

2018-07-19 10:29:28
Continental is moving ahead with an initial public offering of its powertrain unit and new corporate structure in the car-parts maker's biggest overhaul in decades.

INVESTMENTS

Porsche Engineering Romania relocates its headquarters in Cluj-Napoca

2018-07-16 13:26:34
Two years after its official opening event, Porsche Engineering Romania inaugurated its new headquarters in Vivido Business Center in Cluj.

4 Comments

ECONOMICS

Dacia posts half-year sales record

2018-07-16 13:21:08
Dacia posted a half-year sales record in Europe with 281,225 vehicle registrations (up 14.6 per cent) and a record 2.9 per cent share of the market, according to world sales result published by ...

INVESTMENTS

Industry 4.0: EIB supports construction of new Arctic factory in Romania

2018-07-13 14:39:56
The European Investment Bank (EIB) is lending 68 million Euro to white goods producer Arctic to finance the construction of a large-scale washing machine production plant featuring advanced manu...

REAL ESTATE

CTP invests in the facilities and infrastructure from CTPark Bucharest West

2018-07-13 11:04:51
CTP continues to strengthen its position on the domestic market through a series of major investments in the development of CTPark Bucharest West. Currently, the property's built surface exceeds...

ENERGY

Enel reaches one million residential customers on Romania free electricity market

2018-07-12 12:39:26
Enel Energie and Enel Energie Muntenia announced reaching the mark of one million household customers on the free electricity market in Romania.

4 Comments

INVESTMENTS

Bucharest's Henri Coanda Airport to upgrade sound system

2018-07-12 12:16:18
The National Bucharest Airports Company has awarded a 1.05 million Euro contract for the upgrade of the sound system of the terminals of the Henri Coanda Airport, Bucharest's main one. The contr...

INVESTMENTS

Lidl to open supermarket with electric car charging station in Resita

2018-07-12 12:11:37
Lidl will inaugurate a store in Resita on July 19, 2018, provided with electric car charging station. The Lidl Drive from Resita has a retail space of approximately 1,300 sqm and around 150 park...

ECONOMICS

Healthy Central European private equity activity levels set to continue, says Deloitte

2018-07-12 12:02:25
The strong momentum underway in Central Europe's private equity markets should continue, according to the latest Deloitte Central Europe Private Equity Confidence Survey.

1 Comment

APPOINTMENTS

CEZ Group Romania appoints Ondrej Safar as new CEO starting August 1

2018-07-11 16:27:24
CEZ Group Romania announced that Martin Zmelik will end his eight years long job in Romania at the end of this month and will be replaced by Ondrej Safar, who will become the new Country Manager...

ENERGY

CEZ Group in Romania ended 2017 at a net profit level

2018-07-11 14:52:40
CEZ Group in Romania ended 2017 with better results than in 2016 at a net profit level. Last year brought for CEZ Group in Romania a profit before interests, taxes, depreciation, and amortizatio...

2 Comments

POLITICS

Anca Jurma named interim chief prosecutor of Romanian anti-corruption agency

2018-07-10 11:00:34
Prosecutor Anca Jurma has been named the interim chief prosecutor of the Romanian anti-corruption agency (DNA) following an order by the General Prosecutor Augustin Lazar.

2 Comments

INVESTMENTS

Garanti Bank finances the construction of HEKA Hospital in Constanta

2018-07-09 16:31:41
Garanti Bank granted a 11 million RON (2.3 million Euro) loan to HEKA Hospital in Constanta. The funding has been granted for a period of 10 years, so that a former office building in the center...

REAL ESTATE

Hagag Development Europe starts its first office project in Bucharest

2018-07-09 11:04:57
Real estate developer Hagag Development Europe, part of Hagag Group Israel, starts construction works for its first office project in Bucharest: H Victoriei 109. Over eight million Euro will be ...

REAL ESTATE

JLL advises Atrium Real Estate in Militari Shopping Centre transaction

2018-07-06 14:49:28
JLL has advised Atrium European Real Estate Ltd. (Atrium) on the successful sale of Militari Shopping Centre in Bucharest, Romania, to MAS Real Estate, for 95 million Euro. The transaction, sign...

ECONOMICS

Engie acquires Romanian IoT company Flashnet, specialized in Smart Public Lighting

2018-07-05 12:02:17
ENGIE announces the acquisition of 60 per cent of Flashnet, a Romanian Internet of Things (IoT) company.

ECONOMICS

Romanian M&A market speeds up in Q2, says Deloitte

2018-07-04 10:39:25
The M&A market in Romania marked a significant recovery in the second quarter of this year, reaching 391 million Euro, compared with 258 million Euro in the first three months of the year. Accor...

1 Comment

APPOINTMENTS

Groupe Renault Romania appoints Aurelia Leoveanu as new financial director

2018-07-03 15:39:49
Aurelia Leoveanu is the new Administrative and Financial Director of Groupe Renault Romania. Liviu Bocsaru, who has held this position in the last six years, becomes director of Groupe Renault C...

ECONOMICS

R&D spending in Central Europe still increasing but more support needed from authorities, says Deloitte

2018-07-02 11:10:48
The effectiveness and clarity of the incentives system dedicated to research and development (R&D) conducted by companies, and the ability to easily identify the R&D activities that are eligible...

REAL ESTATE

P3 relocates HQ to Charles de Gaulle Plaza

2018-06-25 13:17:29
European investor and developer of logistic properties P3 relocated its headquarters to Charles de Gaulle Plaza, one of the most iconic office buildings in Bucharest, owned by the German group G...

INVESTMENTS

TransferGo attracts 8.6 million Euro financing for international expansion

2018-06-21 11:35:20
TransferGo, the international fast online transfer company, has attracted a round of investment of 8.6 million Euro, which is the biggest amount received in a single financing round by the compa...

REAL ESTATE

CTP appoints Daniel Paraschiv as business development manager for Transylvania region

2018-06-20 14:27:25
Industrial parks developer CTP has appointed Daniel Paraschiv as Business Development Manager for Transylvania, starting June. He will oversee the company's growth and strengthening in the Weste...

REAL ESTATE

Dutch office company Spaces opens first locations in Bucharest

2018-06-20 13:56:35
Dutch workspace company Spaces is opening its first two locations in Bucharest at Unirii View Tower and Campus 6. Constructions have already started and they are due by Q3 2018.

INVESTMENTS

World Bank signs new Country Partnership Framework with Romania

2018-06-20 10:18:04
The World Bank Group's Board of Executive Directors endorsed a new five-year Country Partnership Framework (CPF) for Romania that will prioritize investments in people, support for vibrant priva...

REAL ESTATE

AFI Europe Romania starts the construction of AFI City residential project

2018-06-19 15:28:57
AFI Europe Romania announces the start of the AFI City residential project construction. First phase is to end in 16 months and will deliver two buildings with 190 homes.

INVESTMENTS

Romania is the sixth most popular country for data centre investment, report shows

2018-06-19 11:53:27
Romania ranks 6th in the top destinations in the datacentres market in Europe, while the Nordics and the Netherlands occupy the first positions, according to Savills new Data Centre Investment I...

POLITICS

Romania and US held 6th meeting of the Strategic Partnership Dialogue

2018-06-19 11:27:23
The Governments of Romania and the United States of America held the sixth plenary meeting of the Strategic Partnership Dialogue in Bucharest, Romania, on June 19, 2018.

REAL ESTATE

H&M leases 1,000 sqm for future HQ in Unirii View project

2018-06-19 10:14:41
Fashion retailer H&M leases 1,000 sqm for its future HQ in Unirii View office project.

ENERGY

Consumers will lead the energy market in the future

2018-06-18 14:14:36
Interview with Georgios Stassis, Country Manager Enel Romania

ENERGY

Romania fourth in Europe for natural gas production and reserves, report shows

2018-06-18 09:55:49
Romania is on the fourth place in Europe for last year's natural gas production and proven gas reserves, according to a report by BP.

INVESTMENTS

Renault to invest one billion Euro in electric vehicles production

2018-06-15 14:25:24
Renault will invest more than 1 billion Euro to increase electric vehicle production capacity in France and add new models.

ENERGY

Hidroelectrica to provide electricity for RATB and Metrorex

2018-06-15 13:44:12
Hidroelectrica has won two contracts for providing electricity services to RATB and Metrorex. Both contracts to be carried out for one year starting July 1 implies the delivery of a total of 297...

ECONOMICS

Romanian insurance sector doubles profit in 2017

2018-06-15 11:58:45
The insurance sector in Romania doubled its net profit last year to 508 million RON (110 million Euro) from 251 million RON in 2016, according to profit.ro.

INVESTMENTS

Ford to open social entrepreneurship hub in Romania

2018-06-15 10:18:00
Ford Motor Company Fund, the philanthropic arm of Ford Motor Company, announced that the first Ford Resource and Engagement Center (FREC) in Europe is to be established in Romania, with a focus ...

APPOINTMENTS

AFI Europe Romania appoints Doron Klein as new CEO

2018-06-14 15:08:26
AFI Europe Romania announces the appointment of Doron Klein as CEO of the company as of July this year. He currently runs AFI Europe Czech Republic operations. Doron Klein will replace David Hay...

INVESTMENTS

Alexandrion Grup acquires six new companies from Halewood's portfolio

2018-06-14 14:41:02
Alexandrion Group has announced that it has completed the transaction with the English group Halewood International Holding PLC for the acquisition of six new companies in Romania's wine product...

APPOINTMENTS

Catalin Radu named head of Bayer Pharmaceuticals in Romania and Moldova

2018-06-14 14:29:59
Bayer Pharmaceutical's operations in Romania and the Republic of Moldova will be coordinated starting this month by Catalin Radu, who will take over the attributions of Gerhard Waltl.

ENERGY

Energy producers sue Romania at ICSID Washington for reducing subvention scheme in renewable energy

2018-06-14 11:33:37
Energy producers from Austria, Germany, the Netherlands, Romania and Cyprus filled a request for arbitration proceedings against the Romanian government at World Bank's International Centre for ...

APPOINTMENTS

Andrew James Noble, the new UK ambassador to Romania

2018-06-14 11:29:00
As the current ambassador of the United Kingdom in Bucharest, Paul Brummell, is reaching the end of his term this summer after four years, he will be replaced by Andrew James Noble, who has most...

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Most read Daily Info
» Romanian energy industry: Challenges t...
» US calls for coherent, long-term strat...
» French investments at a glance: Intere...
» Engie acquires Romanian IoT company Fl...
» Groupe Renault Romania appoints Aureli...
» Romanian M&A market speeds up in Q2, s...
» CBRE advised London Stock Exchange Gro...
» CEZ Group Romania appoints Ondrej Safa...
» Enel reaches one million residential c...
» Hagag Development Europe starts its fi...
Read in the Print Edition
Romanian Energy Awards 2018: Celebrating Excellence

The Diplomat - Bucharest celebrated performance and exceptional accomplishments in the Romanian energy field, awarding 17 performers in both conventional and renewable energy, with the seventh annual event brin...