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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
Read all News >>

Print edition

POLITICS

Centre-left and centre-right remain in top positions

The first round of the presidential elections places centre-right incumbent Traian Basescu in first place, followed by President of the centre-left Social Democratic Party (PSD) Mircea Geoana, who are facing a ...

ECONOMICS

Nabucco reality will see U-turn in Russia: Joschka Fischer

Once the European Unions natural gas pipeline project Nabucco moves close to reality, Russian energy policy in opposition to the project will U-turn, said Joschka Fischer, ex-vice federal chancellor of Germany...

INVESTMENTS

Germany's Miele to build electronic parts in Brasov

INVESTMENTS

Sweden's East Capital buys into Ownership Fund grey market

INVESTMENTS

Polish Enterprises Fund picks up Profi store chain

INVESTMENTS

France's SocGen purchases Medlife stake

INVESTMENTS

Austrian's wood products group buys blockboard maker

ENERGY

Corn to energy refinery powers up in Teleorman county

Romanian agricultural holding company Inter Agro group has opened a 70 million Euro bioethanol refinery in Zimnicea, Teleorman county

DRIVING

Tackling a new niche

Although it may be unclear to which car type the new cross-breed BMW Gran Turismo 5 series belongs, Adrian Ion is still impressed with the drive

CITY LIFE

This Xmas let the hotel do all the work

It may not have been the best decade the world has ever seen and the last 12 months were bloody awful so what better way to say goodbye to 2010 by indulging yourself at one of Bucharests top hotels. Here i...

APPOINTMENTS

Mr Mike Swinford is the new project manager for the US infrastructure construction company Bechtel, which is building Romanias 415 km long motorway between Brasov and Hungary, Autostrada Transilvania. He repla...

APPOINTMENTS

As we went to press, MR GUY MARIE CHARLES POUPET has been proposed as the successor to Mr Patrick Gelin as CEO of BRD Groupe Societe Generale, the number two bank in Romania. Mr Poupet has been in charge of S...

APPOINTMENTS

Mr Vincent Kneppert has replaced Mr Martin Koessler as general manager for leasing company ALD Automotive Romania, part of Frances Societe Generale group. Mr Kneppert has 16 years experience in full service op...

APPOINTMENTS

The Intercontinental Hotel Bucharest has appointed a new executive chef, Urbino-born MR ANDREA AIUDI, who replaces Mr Andreas Hoehne. Mr Aiudi, 38, has worked in restaurants and hotels in Italy, Spain, the UK a...

APPOINTMENTS

Mr Javier Urunuela is the new general manager for Romania and Bulgaria of StarFoods. He replaces Mr Sotiris Yannopoulos, who has left the company. Mr Urunuela was previously business development manager for Pep...

APPOINTMENTS

Mr Gabriel Diamandopol is the new general manager for Romstal Leasing, a company owned by Belgiums KBC. He replaces Mr Demostene Chivulescu.

APPOINTMENTS

Mr Giuseppe Parma was appointed country manager of Indesit Romania, replacing Mr Eugen Paturan.


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Reports

REPORTS

Emergency exit

Refugees fleeing murder threats from ethnic conflict find relief in a revamped farm in Timisoara, reports Michael Bird

REPORTS

Justice fails for one thousand dead

Romanias bloody 1989 Revolution remains unresolved because, following the collapse of Ceausescu, the new leaders inspired the deaths of 1,000 people. Report by Michael Bird and Ana Maria Nitoi

REPORTS

Basescu beats media abuse to claim Presidency

Romania's President Traian Basescu has won a second term of five years in power, despite becoming the target in a vicious campaign of media mendacity.

REPORTS

Complacency enemy of Presidential hopes for Geoana

A surprise defeat for Social Democratic (PSD) leader Mircea Geoana in the Presidential election this year will cause shock-waves among the Romanian elite who believed his victory was certain.

Features

SECTOR ANALYSIS

Bringing serious journalism to a developing market

Since launching in 2004, The Diplomat Bucharest magazine has brought a professional approach to Romanias political and business scene with well-researched and in-depth reporting

BUSINESS LEADERS

Top of the shops

Ex-fighter pilot and diplomat in the Amazon, AFI Europes CEO Reuven Havar is now facing his toughest mission ever taking the biggest mega mall Bucharest has ever seen to the prize-fight for the fickle retail dollar. Report by Corina Ilie

EDITORIAL

Addicted to bribes: Romanians can't say no to graft

Two decades ago Communism collapsed because of its economic failures, with a bankrupt centralised state propped up by a thriving black market

SECTOR ANALYSIS

Building a modern business market

As Romanias unique form of capitalism turns 20 years old, The Diplomat salutes pioneering companies in the country with a success to celebrate

SECTOR ANALYSIS

New hotels defy crisis for long-term view

Despite a climate of room over-supply and price-dumping in Romania, new hotels keep opening and developers vision an upswing in demand. Report by Corina Ilie and Michael Bird

SECTOR ANALYSIS

Price fight tests capitals finest

Hotels may still be piling in the guests in the week, but prices have taken a beating following a decade of boom. Report by Corina Ilie and Michael Bird

 
 
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Most read articles
» Bringing serious journalism to a devel...
» Building a modern business market
» Distressed real estate in need of real...
» Top of the shops
» This Xmas let the hotel do all the wor...
» Emergency exit
» Addicted to bribes: Romanians can't sa...
» Austrian's wood products group buys bl...
» Edge of darkness
» Nabucco reality will see U-turn in Rus...