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Sibiu and Timisoara, top priorities for investors in Romania

Sibiu and Timisoara are top priorities for investors who are interested to come to Romania, as revealed by the fifth edition of Cities of Tomorrow conference, organized by the German-Romanian Chamb...

Gas prices liberalization in Romania to start in April
Toyota recalls 2.9 million vehicles globally over airbags issues
Romania to develop economic component of the strategic partnership with US
Debate on digital economy at Cluj Innovation Days 2017
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Print edition

POLITICS

Bucharest heads for referendum no one understands

Bucharest will see a referendum on 19 June to decide whether to abolish or transform the powers of the six Sector mayors

ECONOMICS

Power unions win appeal to stop creation of state energy giants

State hydro company Hidroelectrica union Hidrosind has won a trial against the creation of two state energy giants, Electra and Hidroenergetica, after the Bucharest Appeal Court rejected the governments proje...

APPOINTMENTS

Mr Ugur Yesil has been appointed the new general manager for Turkish-owned TV station Kanal D Romania. Part of the Kanal D team since 2006, Turkish national Mr Yesil has been promoted from his position of CFO. ...

APPOINTMENTS

Ms Gabriela Bordea has been appointed Romanian state airline Tarom′s general director, replacing Ms Ruxandra Brutaru, who resigned in March. Ms Brutaru is now the company′s vicepresident. Ms Bordea ...

APPOINTMENTS

Mr Andrea Multari, 41, has been appointed general manager of management consultancy, outsourcing and technology services company Accenture Romania, taking over from Mr Maurizio Barini. Mr Multari has been worki...

APPOINTMENTS

Mr Razvan Iorgu has been appointed managing director of real estate consultancy CB Richard Ellis Romania. Mr Iorgu, who was previously chief operating officer in CBRE Romania, is replacing Mr Radu Lucianu.

APPOINTMENTS

Mr Patrick Young will be the new general manager of the Sibiu Stock Exchange (Sibex), replacing Mr Teodor Ancuta, who will stay president of the board within the stock exchange. The appointment is pending a dec...

APPOINTMENTS

Mr Magor Csibi has been appointed the new programme director for international environmental NGO WWF in Romania. An ex-counsellor of education issues to the President of the lower chamber of Parliament and a vi...

APPOINTMENTS

Mr Bogdan Pana has been appointed executive manager in charge of hospitals and clinics at medical services provider Medicover. Mr Pana is a general practitioner, specialised in public health and medical managem...

INVESTMENTS

Gedeon Richter Romania increases capital with 9.7 million Euro

Pharma group Gedeon Richter Romania will increase its share capital with 9.7 million Euro from 79.7 million Euro to 89.4 million Euro, by converting loans received from majority shareholder the Richter Group in...

INVESTMENTS

Renaissance commits to local financing and advisory

Investment bank Renaissance Capital will open a Bucharest office to offer investment banking, privatisation advice and private equity financing. Renaissance recently won the mandate to organise a public offerin...

INVESTMENTS

Interiors retailer JYSK plans up to seven stores for Bucharest

Furniture and interior decoration retailer JYSK Romania has expanded to Bucharest by opening in the Militari Shopping Center in the first of seven possible stores in the capital. JYSK invested one million Euro ...

INVESTMENTS

GDF Suez Energy to invest 36.5 million Euro in its natural gas network

GDF Suez Energy Romania will invest almost 36.5 million Euro in 2011 in the modernisation of its natural gas network, according to Yvonnick David, the companys general manager. Natural gas supplier GDF Suez En...

INVESTMENTS

Luxury services provider Radosa bets on Bucharest

Luxury services provider Radosa has opened a branch in Bucharest offering concierge services from dinner reservations to holiday planning. Radosa boasts access to benefits and privileges at posh hotels, restaur...

INVESTMENTS

Emporiki Bank Romania raises capital by 15 million Euro

Credit Agricole-owned financial services group Emporiki Bank Romania has increased its share capital by 61.9 million RON (15 million Euro) to 237.68 million RON (57.9 million Euro. This was possible due to an ...

DRIVING

Taking on a new breed of vehicle

Audi enters the hybrid market with the massive and gadget-heavy A7 Review by Adrian Ion

ENERGY

Renovatio plans solar projects of 55 MW in Romania

Cyprus-headquartered renewable energy company Renovatio has in place 55 MW of pipeline projects in solar development in Romania, according to the firms head of international business development Andre Fraga


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Reports

REPORTS

Tragedy and anger in hospital dissolution

Romanias closure of over 60 hospitals between April and December this year is leading to confusion and tragedy for staff and patients. Report by Nicoleta Banila

REPORTS

Fear of the outside

What life can Romania offer prisoners after their release from jail to ensure they do not re-offend? Report by Cerasela Marin. Photographs by Ioana Rotundu

Features

SECTOR ANALYSIS

Driving force for Romanian export hopes

After a disastrous two years following the collapse in western car sales, Romania is reviving as an expansion target for vehicle and car component manufacture. Report by Andreea Ceasar

COUNTRY FOCUS

Place in the sun for tourism

Israel and Romania are now enjoying a record rise in tourism exchange -with casinos, adventure tourism and family holidays pulling in the crowds Report by Cerasela Marin

BUSINESS LEADERS

Moving up a gear

As Ford readies to boost its sales in Romania, Henrik Nenzen, managing director of the Ford National Sales Company, gets behind the wheel of the Romanian driving mentality. Profile by Michael Bird

EDITORIAL

Superpower wins as Romanian media botches local Wikileaks release

Romanias publishing of its own Wikileaks revelations has descended into a bitter war between two media outlets, as opposed to a fight with authority on the principles of free access to information

SECTOR ANALYSIS

Wake-up call for coffee market

Romanians are cutting back on their coffee fix at home and on the town as wholesale prices for the beverage rise and consumer spending falls Report by Cerasela Marin

COUNTRY FOCUS

Step by step progress to reform

Progress at a political and economic level is moving in Romania - at a slow pace, but in the right direction, finds Nicoleta Banila as she interviews Netherlands Ambassador Tanya Van Gool

BUSINESS LEADERS

Sticking to his own path

Exports will be key to the revival of Romanias economy - and building material producer Den Bravens Adrian State believes he can show a shining example of this in a post-boom market. Profile by Andreea Ceasar

SECTOR ANALYSIS

Romanian mineral water brands gear up for export

Romanian mineral water is set to go global as new brands see the potential of vast resources from the Carpathian mountains for rising domestic consumption and export Report by Andreea Ceasar

EDITORIAL

Romanian love affair with the wheel shows contempt for public space

A national disgrace of Romania is the nations pathetic record on road safety. Every year EU-collated statistics have revealed how Romania is the most dangerous country in the 27 member-bloc for traffic fatalities

COUNTRY FOCUS

Opportunities at the recessions end

Peter de Ruiter, president of the Netherlands-Romanian Chamber of Commerce and partner at PwC Romania, tax and legal services

SECTOR ANALYSIS

Power rush on stand-by due to renewable law hold-up

Efforts to put in place a new law regarding subsidies for green energy producers must step up before Romania can become a renewable powerhouse - findings from the 2011 Green Energy Forum

 
 
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» Superpower wins as Romanian media botc...
» Wikileaks: Basescu stated EADS contrac...
» Renovatio plans solar projects of 55 M...
» Wake-up call for coffee market
» Moving up a gear
» Driving force for Romanian export hope...
» Fear of the outside
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» Place in the sun for tourism
» Tragedy and anger in hospital dissolut...