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Only several years ago, the green certifications were something exotic, a rare appearanc»
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Ratio between pensioners and employees could double by 2032 as compared to 2014, pension fund manager says

The ratio between pensioners and employees could double by 2032 as compared to 2014, which will cause problems in covering the necessary pension payments by the employees for those who enter the pu...

Damages to electricity networks caused by severe weather conditions do not increase the distribution tariffs, says ACUE

Lately, Romania confronted with extreme, unpredictable meteorological phenomena that have caused major damages, in large areas, to electricity distribution networks.

Orbis turnover increased to 62 million Euro in Q1

The Orbis Hotel Group turnover increased by 4.4 million Euro in Q1 2017 up to 62 million Euro, a press release shows. Group's EBITDA in the first quarter totalled 8.9 million Euro, representing y...

Deloitte Romania appoints Alexandru Reff as new country managing partner
Cushman & Wakefield Echinox expands its retail department with new appointment
Banca Transilvania posts 246 million RON profit in the first quarter of 2017
Greg Konieczny, FP: We really need a miracle to think about Hidroelectrica's IPO this year
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Print edition

POLITICS

PM Dacian Ciolos consulted the parties on the local mayoral elections

The discussions run by Prime Minister Dacian Ciolos and the major parties’ representatives regarding the organization of this year’s local mayoral elections started in early February, with the liberals insi...

ECONOMICS

MFE to plan training sessions to increase administrative capacity of public and private beneficiaries

One of the weakness of the 2007-2013 programming period that hindered the proper absorption of EU funds was the limited administrative capacity of the beneficiaries. Thus the Ministry of European Funds (MFE) is...

ENERGY

European Union to allot Transgaz 179 million Euro for the Bulgaria-Romania-Hungary-Austria pipeline construction

In late January, the European Union (EU) allocated 179.3 million Euro for the development of the Romanian section of a gas pipeline between Bulgaria and Austria, which will transit Romania and Hungary

REAL ESTATE

Hercesa starts construction of the third stage of Vivenda Residencias

Hercesa, with real estate operations in Romania since 2004, announced the start of construction to the first block of the third development stage of their Vivenda Residencias compound

INFRASTRUCTURE

CNADNR rejects all feasibility offers for Comarnic-Brasov auction

The National Company for Motorways and National Roads (CNADNR) rejected in mid-January seven tenders competing within an auction referring to the resuming of a feasibility study for lots Four and Five of the Co...

APPOINTMENTS

John Oldham

Craiova-based Ford factory has a new general manager, John Oldham, with a 35-year experience at Ford Great Britain and Ford Europe and who has been assistant production manager at Ford Romania since 2015. Oldha...

INVESTMENTS

Subway is launching a new restaurant in Bucharest

One of the biggest chains of restaurants in the world, Subway, expanded its business in Romania in late January by opening a new restaurant near Militari Shopping Centre and Business Centre Militari, according ...

AGRIBUSINESS

Romania to have the biggest decrease of grain production of the largest European growers

Total cereal production in the European Union will decline in the 2015-2016 agricultural year by 6.9 per cent over the previous year, to 306.5 million tonnes, due to a lower crop area, but also due to the probl...

GREEN

Can-Pack Romania invests in intelligent collection devices of aluminium cans

Can-Pack Romania, the only producer of aluminium cans in Romania, plans to invest 200,000 Euro in order to install during this year 21 intelligent collection devices of aluminium can waste


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Reports

REPORTS

Project management: Romania's key to the EU funds door

Romania felt the pinch of EU funds during the 2007-2013 financial framework, ranking among the last places within the EU on absorption ratio. This was mainly due to legal instability, poor administrative capacity and lack of knowledge in terms of project management, according to experts.

Features

SECTOR ANALYSIS

Recycling in Romania: what goes around comes around

In the past few years, it seemed that recycling had started slowly, but would surely become more popular in Romania. However, by 2015 the enthusiasm stagnated and the country wasted precious time. For this year, however, expectations are high as the new technocrat Minister of Environment announced that the National Waste Management Plan will be top priority. Alexandra Cioboata (Lopotaru) talks to authorities and green players

EXPERTS PLATFORM

Romania: Investment Arbitration in the Context of Renewable Energy Investments

Authors: Sebastian Gutiu, Managing Partner (Bucharest) Schoenherr & Sofia Cozac, Attorney at Law

SECTOR ANALYSIS

Do you speak Green?

For several years now, green certifications in Romanian real estate project development moved from the blurry area of "nice-to-have" to the clearer area of "must-have". This is mostly because having a green-certified building on the market makes a strong differentiator in terms of landing business. By Magda Purice

SECTOR ANALYSIS

The green energy blockade: 2016 starts with more bankruptcies, losses of billions of Euro and investments at a standstil

Nobody invests in wind or solar renewables anymore in Romania. As investors representing the eight billion Euro in projects built so far meet the new government's Energy ministry led by Vlad Grigorescu to drive the subsidies back up, they tell The Diplomat - Bucharest that a new incentive system, combined with a series of legal and taxation changes, might represent their salvation. By Bogdan Tudorache

 
 
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