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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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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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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


Dutch flag still flying on local market despite dire straits

Like other Europeans, Dutch investors are fighting to cope with the widespread economic challenges as they seek solutions to keep and increase the businesses they own on the local market


Field of dreams: agricultural sector cultivates hopes

Romanian agriculture must sow the seeds of change to reach European Union levels. But while the country has no irrigation system, little storage space, a productivity level that is half the EU average, and just a fraction of European funds have been absorbed, market players see some green shoots


Power player takes pulse of energy market

With investment plans that reach EUR 750 million over the next five years, Luca DAgnese, country manager of Enel in Romania, talks to The Diplomat Bucharest about the main challenges on the local market, his firms targets and the issue of market liberalization


Better the devil you know?

The elections are fast approaching and it seems like we are entering deeper and deeper into what is officially called the electoral campaign


Dutch investments clog horizon despite crisis

From building ships to filling glasses with beer, Dutch investors are active locally with more than 4,000 companies registered in Romania, and their presence extends to a myriad of economic sectors

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