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Enel to invest 329 million Euro in Romania in 2017-2018

Enel has planned investments for a total of 329 million Euro for the current regulatory cycle ending in 2018, of which of over 151 million Euro are due for 2017 and 178 million Euro for 2018.

Commissioner Cretu underscores need for monitoring implementation of major projects in Romania
Uber to launch carpool service in Romania by 2020
BMW Group explores Romanian IT industry opportunities
Illegal logging in Romania reduces in 2016
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A head for business

Explore the dazzling and surreal delights of Bucharests most exclusive hat maker at the Dog Work salon


Off the map

Sleek and sporty with the boot space of a convertible: can the new Infiniti FX50S be classed as an SUV? debates Adrian Ion


Parliament in crisis on verge of crucial vote

Parliament remained in deadlock as the main bulk of Romanias political parties have publicly refused to back President Traian Basescus choice for Prime Minister.


Doubts over central Asian commitment to Nabucco raised

Lack of commitment from central Asian countries to supply the gas pipeline Nabucco project with natural gas is clouding the projects future, argue industry experts.


French small priced clothing eyes east


German tour giant makes seaside return


German logistics provider makes entry


Goahead for German tyre plant expansion


South Korean electro-parts factory for Oradea


UK small loan provider opens Cluj office


Five billion Euro eco-artery for Dambovita tabled

Bucharests Dambovita river from Parcul Izvor to Lacul Morii river could be witness to a green artery in an ambitious ten-year project from a consortium of local and international developers.


Mr Jerome Olive is poised to take over as administrator of Dacia-Renault this month, when the present director general, Mr Francois Fourmont, retires. 51 year-old Mr Olive has worked for Renault since 1982, ris...


Former prime minister Mr Mugur Isarescu, 60, has been re-appointed for another five-year term at the leadership of the National Bank of Romania, which he has headed for most of the last 19 years. Mr Florin Geor...


Mr Aurelian Popa, 50, is the new president of the Privatisation Authority (AVAS), replacing Mr Mircea Ursache. Mr Popa's most significant position prior to this appointment was prefect of Dambovita county betwe...


Mr Michel Lamoot is the new director general of German Metro-owned Real Hypermarket Romania. Former director of non-food acquisitions for Real Poland has previously worked in retail in South Korea, Japan and Fr...


Mr Arpad Torok is the new executive manager of real estate developer TriGranit Romania, replacing Mr Lorant Varga. Previously, Mr Torok headed the leasing division of the company.


Mr Florin Nicolae Muntean is the new general manager of state-owned gas transport company Transgaz Medias, replacing Mr Ioan Rusu. Mr Muntean, president of Medias organisation of the Democratic Liberal Party (P...


Mr Gheorghe Dobre, Romania's former Minister of Transport, has been promoted secretary general in the Ministry of Development


Mr Tiberiu Csaki and Mr Claudiu Munteanu-Jipescu have been promoted to the position of partners at the Romanian branch of international law firm Salans. Mr Csaki is leader of Salans's employment, litigation and...



Missile threat shifts to Black Sea

How can Americas anti-ballistic missile architecture expand into the land and waters of the Black Sea region? Michael Bird reports


Cash crisis new obstacle to roadworks

Tenders are launched, deals are made, roads are under construction, but the financial crisis has brought a new obstacle to infrastructure development lack of money. Ana Maria Nitoi reports


Battle of the pragmatists

Candidates for the election abandon ideology to focus on who is the most competent manager for the country. Report by Michael Bird



Media war against Basescu helps Geoana poll rise

Power does not have a predictable course in Romania. A year ago incumbent leader Traian Basescu looked as though he could win in the first round of this years Presidential vote, with the support of over 50 per cent of Romanians


Holding out for the long-term

Political upheavals will not effect long term plans of Austrian investors, says Ambassador to Romania Martin Eichtinger


Wind future held back by legal blockage

A delay for over a year in fixing legislation for renewable energy is holding up hundreds of million of Euros ready to fund wind energy in Romania, so investors are heading south in search of a breath of fresh air


No escape from the fair deal

From catching scheming hoteliers, probing petrol stations to opening up the notary market, President of the Competition Council Bogdan Chiritoiu talks cartel-busting to Ana Maria Nitoi


Keeping on top of the crisis

Modernisation of the public sphere is a necessity to help the country make the most of the remaining opportunities for big-time foreign investment: Technology entrepreneur and president of the management board of S&T Romania Dan Roman talks to Ana Maria Nitoi


Testing times for operational leasing

The industry in the long-term rental of vehicles faces a tough test, but the market is still set to grow in 2009: a report from a specialist event on operational leasing


Turkey: foundations for energy bridge firm up

Long-planned pipeline and electricity links between Turkey and Romania are moving closer to realisation, argues Turkish Ambassador Ayse Sinirlioglu


All eyes on EU funds imperative

Romania must absorb more EU funds, but this may be hard when the public administration is politicised, argues Eduardo Prieto Kessler, Spains commercial counsellor in Bucharest


Germans keep holding steady

Despite the bruised economy and a lack of predictability on the market, Romania remains an investor target for improving competitiveness. Ana Maria Nitoi talks to new German Ambassador to Romania Andreas von Mettenheim


Day of the discounters

Discount stores are spreading fast throughout Romania, while local supermarkets are struggling to compete. Report by Corina Ilie and Ana Maria Nitoi


Cash boost in defiance of Brussels ruling

Defying the European Commissions ruling that a multi‑million Euro Government cash boost for CEC Bank is state aid, bank president Radu Ghetea talks development in a crisis economy. Interview by Alexandra Pehlivan


Populist Christian Reformer: the Basescu pitch

Weeks before the election for the Head of State, President Traian Basescu is pitching himself to the Romanian people as a populist Christian Democratic reformer.


Bine ati venit in Romania!

Las relaciones econmicas y comerciales entre Espaa y Rumania han visto un aumento sustancial desde el 2003. En el 2007, la inversin directa espaola alcanzaba unos 474 millones euros, representando el 3.4% de las inversiones totales en Rumania.


Bad loans in record rise

While Romanias banking system seems to have stabilised, there is a risk that the number of bad loans is increasing sharply, writes Alexandra Pehlivan

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