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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

Left-Liberal-Conservative-Right alliance abandons ideology for deposition tactics

Romania is set for a new alliance which brings together socialist, conservative, liberal and far right groups under one umbrella the Social Liberal Alliance

ECONOMICS

Romania secures five billion Euro cushion over election year

Romania is set to sign a new five billion Euro precautionary stand-by arrangement with the International Monetary Fund and the EU this month, which will be operational in April

APPOINTMENTS

MR FRANZ RATTENSTETTER has been re-appointed general manager of the Crowne Plaza Hotel on Blvd Poligrafiei in Bucharest, a five-star hotel owned by Rapid football club financier and businessman George Copos. Mr...

APPOINTMENTS

Polish national MR SLAWOMIR NIZALOWSKI, 38, is the new general manager of Mars Romania, taking over from Mr Tomasz Pawlowski, who becomes general manager of Mars chocolate in Poland. Working 15 years for Mars, ...

APPOINTMENTS

MR SAULO SPAOLANSE is the new country president of energy management company Schneider Electric Romania. Previously occupying management roles in Schneider Electric Brasilia, the Brazilian-born businessman take...

APPOINTMENTS

MR BOGDAN GRAMA a former commercial director at Dole Romania, has been appointed Turkish biscuit brand Ulkers director general for central and eastern Europe.

APPOINTMENTS

Turkish-owned TV station Kanal D Romania member of the executive board HALUK KURCER has become general manager of the Dogan Group-owned channel, replacing Hatice Kolat.

APPOINTMENTS

MR ANTONIO CHAMBERS DE ANTAS DE CAMPOS has been appointed Ambassador of Portugal to Romania.

APPOINTMENTS

MR DANIEL BACH has been appointed CEO of Swiss cement producer Holcim Romania, taking over from Mr Markus Wirth, who remains in the company as president of the administration board. Swiss-born Mr Bach, 47, was ...

APPOINTMENTS

MR YILMAZ YILDIRIMLAR, director general of the Radisson Blu hotel in Bucharest, has been appointed district director for Radisson mother company Rezidors southeast Europe division, coordinating six hotels in R...

APPOINTMENTS

MR SAMI SHIBA has been appointed Ambassador of Albania to Romania.

APPOINTMENTS

MR MICHAEL STERNBERG has been appointed Ambassador of Denmark to Romania

INVESTMENTS

North Bridge pledges further eight to ten million Euro in Romania

British investment and asset management company North Bridge Capital Partners is planning to invest between eight and ten million Euro in Romania in 2011 in the services and agriculture sector. The company has ...

INVESTMENTS

Debutante wine Lacerta targets top horeca market

Wine brand Lacerta has launched onto the Romanian market following a six million Euro investment in vineyards in Fintesti, Buzau county. Targeting the high class horeca sector and wine shops in Romania, Lacert...

INVESTMENTS

Hirschmann hires 150 to boost cable production in Targu-Mures

Car cable maker Hirschmann Automotive will invest three million Euro in expanding its factory near Targu-Mures to boost production capacity, hiring 150 people in the process. Hirschmanns Romanian factory is th...

INVESTMENTS

Chicken restaurant Wienerwald franchise debuts in Bucharest

Turkish businessmen Tunc and Ali Capa will bring German chicken restaurant Wienerwald to Romania in a franchise agreement which could see 35 restaurants open by 2013, according to Ziarul Financiar. The former m...

INVESTMENTS

Cargill boosts silo capacity in southwest

Agri-giant Cargill has bought a 40,000-tonnes grain silo in Drobeta Turnu Severin, Mehedinti county, which it will revamp by September, boosting the firms Romanian silo capacity by eight per cent. Cargill has ...

INVESTMENTS

Toro builds micro-irrigation factory in Ploiesti

Turf maintenance equipment and precision irrigation system supplier The Toro Company will build an 11,000 sqm manufacturing plant in industrial park Ploiesti West Park, Prahova county. Construction will start i...

ENERGY

UKs Eco2 targets 200 million Euro plus investments in biomass

Welsh-based renewable energy developer Eco2 is targeting the development of two biomass plants in Romania in Slobozia, Ialomita county and Rosiorii de Vede, Teleorman county

ENERGY

Biomass leader energy investment a big mistake due to law delay

Due to delays in the implementation of Romanias law on renewable energy, leading biomass producer Holzindustrie Schweighofer believes it made a big mistake to invest in renewable energy in the country

EVENTS

High society smartens up for Viennese Ball

TAKE THIS WALTZ: Romanias annual Viennese Ball took to the dancefloor of the Parliament Palace, where a roster of business leaders, political figures, diplomats and celebrities joined together in support of ch...

ROREC

The industry under threat!

Government Decision 1037/2010 transposing Directive 2002/96/CE into national legislation


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Reports

REPORTS

War of words over 'gypsy' label intensifies

Civil society and Romanias cultural elite are fighting over whether the term tigan (gypsy) is derogatory to an ethnic group. And the battlefield is - the Romanian dictionary. Report by Cerasela Marin

REPORTS

Paying the price for cheap waste removal

Cut-price costs for removal of hospital waste arise fears that more human body parts could wind up in dustbins on Romanias streets Report by Nicoleta Banila

Features

SECTOR ANALYSIS

Needed co-operative farms attacked by black market

Consolidation and cooperation are key to ensuring productivity in Romanias agriculture, but greed, short-term thinking and the temptations of the black market are undermining efforts to associate. Report by Nicoleta Banila

BUSINESS LEADERS

Top of the crops

Romania is a safe bet for the future development of agriculture for multinational agricultural companies, argues CEO of Syngenta Romania Paul Claxton. Profile by Nicoleta Banila

DECISION MAKERS

Plough or pay policy set to force farms to grow up

Could a new law fining farmers who do not cultivate their land help Romania fully exploit its massive agricultural potential? State secretary for agriculture Adrian Radulescu explains this controversial move Profile by Nicoleta Banila

EDITORIAL

Pension-age Romanian farming set for shake-up in next decade

Travelling around the Romanian countryside what strikes visitors are strip farming resembling the backdrop to a medieval fresco, the horses and carts transporting hay-bails and the fieldworkers sharpening their scythes with whetstones

SECTOR ANALYSIS

Maramures garlic jam bets on Bucharest

Farming entrepreneurs from Maramures travel 12 hours by train from Romanias remotest region to Bucharest in search of a market for high-class products - such as garlic and red onion jam, honey wine and Mangalitsa sausages. Report by Nicoleta Banila

SECTOR ANALYSIS

Romania in genetically modified dilemma

Romanias Agriculture Ministry is pushing Brussels to allow recultivation of genetically modified crops - but opposition groups are lining up economic arguments against their development. Report by Nicoleta Banila

SECTOR ANALYSIS

Organic boom held back by processing lack

Romania is growing as a producer of organic food, but because it lacks processing facilities, its green friendly stores are packed full of eco imports. Report by Cerasela Marin

SECTOR ANALYSIS

Farmers must pass bank test for EU cash

Farmers struggle to find co-financing for their projects using EU funds, but banks argue they must stick to formal procedures if they want a loan. Report by Cerasela Marin

SECTOR ANALYSIS

Greener leaner route for EU farm subsidy reform

Romanias small and medium-sized farms may win, but large farms may lose in the reform of an EU subsidy scheme for farmers. Report by Nicoleta Banila

SECTOR ANALYSIS

Foreign farmland ownership rises over ten per cent

Around one million hectares of Romanias farmland are in foreign hands, and the interest in investing in agricultural plots is growing. Report by Nicoleta Banila and Michael Bird

SECTOR ANALYSIS

Power costs for irrigation beyond the pockets of farmers

Farmers rocked by the withdrawal of subsidies for irrigation have renounced over 80 per cent of their land for watering. Report by Nicoleta Banila

SECTOR ANALYSIS

Suppliers double up as creditors to fund cash-strapped farmers

Due to a financing crisis in Romanias countryside, multinational agricultural companies are turning into creditors for farmers. Report by Nicoleta Banila

 
 
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» Romania in genetically modified dilemm...
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» War of words over 'gypsy' label intens...
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» Organic boom held back by processing l...
» Plough or pay policy set to force farm...
» UKs Eco2 targets 200 million Euro plu...
» Greener leaner route for EU farm subsi...
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