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Oana Diaconescu, senior leasing manager of Iulius Group
In 2011, the tenant change rate was under 10 percent, with the departures coming from lo»
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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
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Dutch ambassador: Four fifths of Parliament believe Schengen approval depends on MCV

The ambassador of the Netherlands, Matthijs van Bonzel, has said that four fifths of the MPs in The Hague consider two consecutive reports on the Co-operation and Verification Mechanism (MCV) necessary to indic...


Romania still hopes to adopt euro in 2015

Romania maintains its goal of joining the euro zone in 2015 by joining the ERM II mechanism in 2013 or 2014, after which it must reduce the structural deficit to under 0.7 percent of GDP in 2014, according to t...


Valhalla Resources joins Roman Copper consortium to take over Cupru Min

Canadian company Valhalla Resources has joined the consortium with Roman Copper trying to buy Cupru Min Abrud, and has commented that the consortium is having difficulties in negotiations with the Romanian gove...


Romanian Railway Group interested in Greek railway companies

Romanian Railway Group (GFR) has expressed interest in taking over freight operations in Greece, in competition with the French group SNCF and national railway company in Russia. The three European rail compani...


Praktiker chief opposes sale of Eastern European operations

The general manager of Praktiker, Thomas Fox, is opposing calls from the German companys two largest shareholders to sell its operations in Eastern Europe, according to German newspaper Handelsblatt. Fox said ...


Moving up on the car ladder

The 3 series from BMW is one of the best loved car models by tuning enthusiasts, with a whole culture developed around it


Carreras careers back to Bucharest stage

Tenor Jose Carreras will play the Palace Hall in Bucharest on May 25, when fans can expect to enjoy La Donna e Mobile and Nessun Dorma among other hits


Home help

Habitat for Humanity Romania started the program Protect Your Home, Prepare Your Community, which aims to identify, analyze and eliminate risks facing communities in seven counties with the highest risk of natu...



36, has been appointed vice-president of the industry division at Schneider Electric Romania. He will coordinate the companys commercial strategy on the Romanian and Moldavian markets. He brings 13 years of ex...


Auchan buys Tractorul Brasov from Flavus Investitii

French retailer Auchan, which launched its local real estate arm Immochan, has acquired most of the assets of the real estate project Coresi Brasov from Flavus Investitii, an investment company managed by Cente...



Seed money cultivates Romanias agricultural sector

After a period in which financing for Romanian agriculture hardly existed and most banks saw it as a risky sector, in recent years things have changed and lending in this segment has spectacularly sprouted


Gala Awards celebrate dynamism of Romanias power players

Excellence and professionalism in the Romanian energy sector were celebrated at the Romanian Energy Awards 2012 Gala, a prestigious event organized by The Diplomat Bucharest, marking a first in acknowledging the performance of this sector and its players in Romania.



Mall that glitters is not gold

Over EUR 1.5 billion is set to be spent on eight malls and commercial center projects in Bucharest alone, with deliveries estimated mostly for 2012 and 2013


Operational leasing players capitalize on economy drive

Around 43,000 vehicles are estimated to make up the operational leasing market in 2012, representing a growth of 15-20 percent over last year


AFI hopes to make Hay while the sun shines

Bucharest currently has six large shopping centers in the pipeline, totaling over 300,000 sqm, each of them in different stages. Playing a prominent part in this is Israeli group AFI Europe Romania. CEO David Hay tells The Diplomat Bucharest about the companys ongoing projects and future local agenda


Like rats from a sinking ship...

With the elections knocking on Romanias door, the ruling party is taking all the aces it has been keeping up its sleeve and putting them on the table with a flourish

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» AFI hopes to make Hay while the sun sh...
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