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Many more EU-funded projects have received approval in 2009 compared to 2008 and 2007,»
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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

DRIVING

Endless fun

Suitable for all terrain and all-seasons, the crossover SUV Infiniti EX makes its official entry onto the Romanian market. Adrian Ion takes the delux Japanese motor for a spin

ENERGY

Siemens prepares to exploit Romanias offshore wind energy

Projects to develop Romanias untapped potential in offshore wind parks in the Black Sea are now moving up a gear, according to Petru Ruset, the manager of energy products solutions & services division at Sieme...

POLITICS

Left-wing dissidents aim to create new Progressive party

Members of the independent group of Parliamentarians, mainly formed by ex-members of the Social Democratic Party (PSD), have filed for a request to the Bucharest Courthouse to register a new political party, th...

ECONOMICS

Second phase of billion Euro wind farm under local threat

Czech power group CEZs giant onshore wind farm in Cogealac, Constanta county, is under threat from local authorities, who refuse to give the energy firm authorisation to start the project

INVESTMENTS

Cheese giant Bongrain buys up local dairy group

INVESTMENTS

Billa continues nationwide openings

INVESTMENTS

Samsung supplier builds factory in Oradea

INVESTMENTS

Egger adds 40 million Euro adhesive plant to Suceava

INVESTMENTS

Call-centre XL World hires up to 300

INVESTMENTS

ING life insurance outsourcing targets Cluj-Napoca

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Reports

REPORTS

Mental healthcare in need of treatment

Underfunded, overcrowded, ignored, suffering from chronic prejudice: Romanias treatment of the mentally ill is in a shocking state - but prescriptions for change are on the table, if the political will is ready to pick them up

REPORTS

Rules change in gas pipeline power games

Russian gas monopoly Gazprom flirts with Romania to join its gas pipeline South Stream.The EUs Nabucco pipeline floats the idea of bringing in the Russians. The Italians talk of merging the two projects. Have the proposed new gas pipelines between east and west abandoned their initial intentions or is compromise the way forward? Report by Michael Bird

REPORTS

Local development held back by EU fund absorption delay

Romanias absorption of EU funds is running at less than eight per cent of the available cash - and is holding up massive investments in regional infrastructure. Report by Ana Maria Nitoi

Features

COUNTRY FOCUS

No rest for corruption busters

High level corruption is being tackled by Romania at the moment but if the efforts stop, EU criticism will restart - says Ambassador of The Netherlands in Bucharest Tanya van Gool

SECTOR ANALYSIS

State energy merger courts fierce criticism

Romanias current plan to create two new state energy champions could hide debts and raise consumer prices and is a move likely to anger tight EU regulations Report by Ana Maria Nitoi

DECISION MAKERS

Keys to the cash

Carrying out ambitious multi-million Euro public works and responsible for allocating billions in EU funds, Elena Udreas Ministry of Regional Development and Tourism has become a key player in Romanias reconstruction

EDITORIAL

Insane neglect of Romania's mentally ill

Pioneering Romanian psychiatrist Dr Radu Teodorescu recounts an anecdote about societys attitude to the mentally ill in 1980s Romania

BUSINESS LEADERS

Balance of power

State electricity grid company Transelectrica must upgrade its power lines for a decade when massive new energy plans come to market, especially in Romanias energy rich Dobrogea region. General manager Adrian Baicusi talks to Ana Maria Nitoi

SECTOR ANALYSIS

Hold-up for new energy projects

Massive internationally-backed plans for new power plants have been frozen for a year with only gas-fired projects and a wind park due to come on-line in the mid-term. Report by Ana Maria Nitoi

 
 
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Most read articles
» Balance of power
» Siemens prepares to exploit Romanias ...
» Local development held back by EU fund...
» Insane neglect of Romania's mentally i...
» Rules change in gas pipeline power gam...
» Keys to the cash
» Samsung supplier builds factory in Ora...
» Mental healthcare in need of treatment
» Second phase of billion Euro wind farm...
» Hold-up for new energy projects