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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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Grape expectations

New fine wines and spirits merchant Enoteca 1900 aims to showcase a blend of modern and classic varieties to a select clientele in the citys cultural heartland


CEZ pulls out of Romanian non renewable energy production

Czech energy group CEZ has put up for sale its 9.12 per cent stake in Romanian nuclear energy company EnergoNuclear, which was set up to build two new nuclear reactors at the power station in Cernavoda, Constan...


New Transport Minister sacks road boss for EU funds failure

Incoming Romanian Transport Minister Anca Boagiu has kicked off her tenure by sacking the general manager of the National Road and Motorway Company (CNADNR) for failing to absorb billions of Euro in EU infrastr...


SmartWings launches Bucharest-Prague route

Low cost airline SmartWings is planning to launch a new route between Bucharest Henri Coanda Airport in Otopeni and Prague Ruzyne Airport (PRG) that will be available from 1 November 2010. The route offers free...


Furniture designers and importers Quadra Invest has opened a new

European Heritage flagship store in the historic centre of Bucharest on Strada Covaci opposite the inn Hanul lui Manuc. The 0.5 million Euro renovation of an antique building sells the branded products assemble...


Billa continues sales openings with Brasov

Rewe Group-owned supermarket Billa has opened its first store in Brasov and its 53rd outlet in Romania. The supermarket covers 500 sqm and sells 5,000 products. This is the tenth store opened by Billa this yea...


Drogerie Markt continues gradual expansion

Health and beauty retailer Drogerie Markt (DM) opened its fifth unit in Bucharest, on Strada Nasaud, and its first store in Brasov on Blvd Saturn, taking its number of local units to 28. DM now has 20 own brand...


Praktiker opens small-format store in Botosani

DIY retailer Praktiker has opened its 27th store in Romania in a small format store in Botosani. The outlet covers 4,300 sqm, sells 40,000 home and gardening products and is located in the northwest of the Mold...


Obi plans 20 million Euro expansion for 2011

DIY retailer Obi plans to invest around 20 million Euro in the opening of three or four more stores in Romania in 2011. Timisoara, Craiova (Dolj county) and Constanta are among the locations targeted by Obi. Th...


Ms Violeta Ciurel has been appointed president of AXA Romania, which bought life insurance firm Omniasig Asigurari de Viata in late 2009. Ms Ciurel was previously head of Dutch life insurance firm ING Nederland...


Mr Christophe De Korver has taken over from Denis Renard as managing director of French logistics group Gefco Romania. Since 2002 De Korver has worked for Gefco in the Czech Republic and as business unit manage...


Professor of Law at the University of Bucharest Lucian Mihai has joined Austrian law firm Wolf Theiss as Of Counsel with an expertise in dispute resolution and intellectual property. Prof. Mihai was formerly a ...


Mr Mauricio Mesa Gomez has been appointed general director of Spanish developer Hercesa Romania, replacing Mr Alejandro Solano Galleg.


Ms Marijana Vasilescu is the new director of communications and marketing at UK band RBS Romania, following her role as deputy director of personal clients, coordinating the Royal Preferred Banking division.


Mr Martin Harris has been appointed Ambassador of Great Britain and Northern Ireland to Romania, taking over from Mr Robin Barnett. Previously he served at the British Embassies in Kiev and Moscow as well as at...


Mr Dan Ben-Eliezer has been appointed Ambassador of Israel to Romania.


Mr Anders Bengtcen has been appointed Ambassador of Sweden to Romania.


Mr Rab Nawaz Kahn has been appointed Ambassador of the Islamic Republic of Iran to Romania.


US Adama Tech targets Romania for tyre recycling

US clean tech company Adama Technologies Corporation has signed a letter of intent with local entrepreneurs in Romania to establish tyre recycling factories throughout the country


Graphic angles on feminine paranoia

Interior visions: UK painters Caroline Walkers Anonymous was a woman is showing at the Ivan Gallery on 13 Strada Grecescu, taking as its cue Virginia Woolfs notion that - historically - women are often fav...



Black Sea nations set new rules for power play

Could Romania, Georgia and Azerbaijans new liquefied natural gas corridor compete with the EU-backed pipeline proposal Nabucco or is this a gambit for strengthening the countries bargaining position with Turkey and Russia? Report by Michael Bird



Sarkozy's party picks on EU's weakest with attacks on Roma and Romania

French President Nicholas Sarkozys patronage of his Governments policy of smashing up Roma camps and expelling the community from France to Romania and Bulgaria contained one serious error it picked on a race


Spain shows education key to Roma integration

With prejudice and indignation rife across Europe following Frances expulsion of Roma to Romania, Spain has emerged as a successful test case for the long-term integration of the troubled ethnic group


Germany extends top trade position

Two key German brands in retail and aerospace are investing in Romania in a recession - but while commerce is up, overall investment is down. Ambassador of Germany to Bucharest Andreas von Mettenheim talks to The Diplomat


Turning management on its head

Leaders in Romania must change their management style as the recession bites further into the countrys economy Report by Michael Bird and Teodora Vaduva


Looking west to Romania

Georgia is targeting Romania as an investment partner in its development plan for agriculture, energy and tourism - Levan Metreveli, Ambassador of Georgia to Bucharest tells Michael Bird


Thinking outside the big box

As Metro Cash & Carry tests a new small format in Romania, the companys managing director for Romania, Dusan Wilms, gives views on the national retail picture to Corina Ilie


Relief from the train drain

External training programmes have been hit as Romanian companies cut spending, but a combination of EU funds and the economic need for a new style of management is keeping firms in business


Hiring desires begins to stir

Recruitment intentions in south and west Romania are picking up with finance and manufacture looking promising


South Korea still eyes local energy, auto and hi-tech potential

South Korean interest remains in Romanias automotive, hi-tech, nuclear and fossil-fuel business, argues Lee Kwang Jae, Ambassador of the Republic of Korea


Eastern proposition

China has the economic muscle to develop projects in Romania in the private and state sectors but nothing major is yet to begin, says Chinese Ambassador to Romania Liu Zengwen


Waiting for the sun

Romanias solar power estate is virtually non existent but a new incentive scheme could bring the sector out of the dark. Report by Michael Bird


Forget the controversy Romania's tourism brand is pitch-perfect

Shockingly - Romanias new tourism brand is an intelligent, realistic and humble invitation for new visitors, which recognises, highlights and plays upon the best qualities of the country.


Ringleader of brands

Shopping centre pioneer and CEO of Baneasa Developments Ali Ergun Ergen reveals how to keep a mall healthy during and beyond the recession. Profile by Corina Ilie


Retail dive throws up new opportunities

Sales fall, rents fall, malls fail to open and store closures are on the rise, but retail brands with deep pockets are seizing this moment to expand. Shop analysis by Corina Ilie


CEZ eyes energy portfolio expansion

Interview with Tomas Pleskac, Second Vice-Chairman of the Board Division International Chief Officer.


New energy force rises

Romania is becoming the most dynamic country in the region in the development of wind power. Report by Michael Bird

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Most read articles
» Looking west to Romania
» Spain shows education key to Roma inte...
» CEZ pulls out of Romanian non renewabl...
» National Integrity Agency expects legi...
» US Adama Tech targets Romania for tyre...
» Thinking outside the big box
» Sarkozy's party picks on EU's weakest ...
» Turning management on its head
» Romania set for new IMF loan in early ...
» Grape expectations