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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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Print edition

POLITICS

Romanian citizens riot on street to protest against government austerity measures

Thousands of Romanian citizens from Bucharest and 40 other cities gathered in the streets in January in what has become the longest series of protests in the last decade

ECONOMICS

2010 budget short RON 3 bln due to public institution irregularities

According to the Court of Accounts Bucharest, the 2010 budget was deprived of RON 3.2 billion by central and local administration failures to collect incomes, illegal use of funds, salaries granted without comp...

INVESTMENTS

Wienerberger plans to invest over EUR 20 million in new brick factory in Iasi

Wienerberger is considering making a new investment in a new factory in Iasi, an investment that would amount to EUR 22 million. The first steps were taken in 2011, when the firm leased 41 hectares of land in t...

APPOINTMENTS

Alexander Philip-Nekolar, 37, has been appointed CEO of Porsche Finance Group, replacing former executive, Kurt Leitner. He takes on this new responsibility after three years as CFO of the finance company. Neko...

CITY LIFE

Music to be the food of love as Directia 5 play on Valentines Day again

Romanian band Directia 5 continues their series of Valentines Day concerts in 2012, with a show at Sala Palatului in Bucharest

EVENTS

Fitness club limbers up

World Class International has opened its sixth fitness club in Bucharest, the World Class Health Academy Upground, in the Pipera area. The new 3,000 sqft location, which employs 25, cost EUR 2.6 million, of whi...

ROREC

The recast of the Directive 2002/96/EC on waste electric and electronic equipment fails to address the major concerns raised by the European appliance industry

The Opportunity to improve Europes environment and improve its resource efficiency is wasted During the Trilogue which took place on 20 th December, the European Union policy makers came to an agreement on ...


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Reports

REPORTS

The green initiative

European money seems to be flowing through various financing programs, with around EUR 800 million available for energy-smart projects

REPORTS

Collecting hopes from new garbage law

The challenge of selective waste collection has been widely debated in Romania in recent years and the results are far from hitting EU targets

REPORTS

Gold from the garbage pit

To start a business using a raw material of which there is an endless supply seems ideally suited to these difficult economic times

Features

SECTOR ANALYSIS

Green themes power energy debate

Securing the land, network connection, overcompensation, the uncertainties of the legislative framework and green certificates were just a few of the topics debated by the authorities, wind farm developers and turbine manufacturers at the Green Energy Power Breakfast event organized by The Diplomat Bucharest

BUSINESS LEADERS

Ensuring steady progress

With a solid economic background, Violeta Ciurel, President and CEO of AXA Life Insurance, tells The Diplomat Bucharest about the companys plans for this year, which include both launching new products and expanding the agency network country-wide.

BUSINESS LEADERS

Ensuring steady progress

With a solid economic background, Violeta Ciurel, President and CEO of AXA Life Insurance, tells The Diplomat Bucharest about the companys plans for this year, which include both launching new products and expanding the agency network country-wide.

EDITORIAL

New Romanian politics: tarring everyone with the same brush

Once again Romanians are in the spotlight of the foreign media. This time its not the usual round of accusations of corruption or criminality, but because thousands of citizens have been protesting in the capital and around the country for more than ten days, angry at the actions of the countrys leaders

SECTOR ANALYSIS

Building a green business

The thin green line between the costs and benefits of developing an energy-efficient building is determined by EU directives, Romanian legislation, the demand coming from multinational companies and the dilemma of developers as to whether to invest more and wait patiently for the returns or to focus on quicker gains

SECTOR ANALYSIS

Wind of change blasts through energy market

A new law on renewable energy came into force late last year, providing some stability for the pioneering operators on this developing market

SECTOR ANALYSIS

Energy players hope answers are blowing in the wind

Overcompensation, the support scheme change depending on variations in the total investment value, priority access to the grid and electricity network development are just a few topics to which The Diplomat Bucharest along with the Romanian Energy Regulatory Authority, Transelectrica and lawyers are seeking answers.

SECTOR ANALYSIS

Romanian healthcare system seeks to inject clarity into financing

The main priorities of a new draft healthcare law and the potential funding structure of this sector were just a few of the themes of the Financing Mechanisms of the Healthcare System event, organized by The Diplomat Bucharest

SECTOR ANALYSIS

Romanian healthcare system seeks to inject clarity into financing

The main changes brought about by the new draft healthcare law, the amendments it has undergone so far and the potential funding structure of this sector were just a few of the themes of the Financing Mechanisms of the Healthcare System event, organized by The Diplomat Bucharest. By Magda Purice, Roxana Cristea

BUSINESS LEADERS

Electricity chief embraces state switch

Coming from the private sector, Horia Hahaianu, Transelectrica GM, took up the challenge of running a state-owned company. He tells The Diplomat Bucharest the latest details on the companys major projects. By Dana Verdes

EDITORIAL

Few signs of a prosperous New Year

As the festive season approaches, we at The Diplomat Bucharest have another reason to celebrate: our eighth anniversary on the market. Its an achievement were proud of especially given that many other local businesses have succumbed to the hostile market conditions

SECTOR ANALYSIS

Business travel still up in the air

Worth around EUR 500 million in 2011, business travel in Romania is the only sector of the local hospitality sector that is efficient and on the up. Industry consultants and the managers of major airlines, travel agents, hotels and corporate associations tell The Diplomat Bucharest what conditions are required for this segment to soar next year. By Magda Purice and Roxana Cristea

SECTOR ANALYSIS

Prepare to party like its 2012!

This year, as in the past two years, Bucharests five-star hotels are not throwing the glitzy parties they used to host before the crisis, which once brought in big bucks. Why? By Roxana Cristea

 
 
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