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Laura Neacsu, senior associate energy specialist, Noerr
Regarding over-compensation, the most impacted by the decision to reduce the number of g»
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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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New government secures parliamentary backing

Romanias left-wing opposition ousted former Prime Minister Mihai Razvan Ungureanus cabinet after a wave of public anger against spending cuts and tax rises, the second government to fall in just over two mont...


Ponta: Situation in Romania stable

PM Victor Ponta has said that Romanias situation is stable and under control, and the NBR and government have the necessary tools to mitigate the effects of the crisis


Metrorex to put up EUR 1 billion to link Otopeni with city subway

Underground operator Metrorex is planning to organize an auction to assign the works on the subway segment that will link Bucharest with Otopeni Airport, a EUR 1 billion investment, according to the company. Th...


Government to rethink resource exploitation fees

The Ponta cabinet has committed to rethink the payment system governing the exploitation of natural resources in accordance with Community provisions and the ongoing privatization process, once the audit of the...


Iconic crooner Julio Iglesias to charm Bucharest crowd

Julio Iglesias is coming to Bucharest on his 2012 World Tour, which could be the veteran performers last. Fans will be treated to a grand spectacle at Zone Arena from 8 pm on June 30


JLL: Five to seven local retail projects to be completed this year

Real estate consultancy company Jones Lang LaSalle estimates that between five and seven local retail projects might be completed this year, totaling around 180,000 sqm



is the new conferences and events manager at Hilton Sibiu. She will be responsible for the hotels conferences and banqueting services. Meres joins Hilton Sibiu from Athenee Palace Hilton Bucharest, where she h...


STEAG acquires Monssons local 108 MW wind farm project

German electricity producer STEAG has acquired the 108 MW Crucea North wind farm project in Constanta county, developed by Monsson Group, a private wind energy developer with a 2,400 MW portfolio of projects



In the presence of His Majesty and Their Royal Highnesses Crown Princess and Prince Radu, the Kings Hall of Elisabeta Palace hosted a ceremony awarding the King Michael I Medal For Loyalty to Theodor Paleologu,...



Mining companies pit their wits against market challenges

Romanias ongoing exploration and production projects have endured their share of turmoil during the past few years. With proven reserves declining, the Romanian state doesnt seem to have solutions for the multi-million euro projects in the field


Access to the grid comes under specialists spotlight

Connection to the energy grid, plans for the further development of the distribution network and changes to the E-RES support scheme were the main topics discussed by top managers from the largest energy and energy-related companies at the power breakfast event Access to the Grid, organized by The Diplomat Bucharest and Transelectrica in partnership with Noerr and CEZ



Are telecom operators ready for 4G?

Suffering in the current economic climate, telecom players present on the local market say this years biggest challenge by far is the upcoming auction for 4G licenses. They told The Diplomat Bucharest that one of the most important business drivers is mobile internet, and characterized the Romanian market as challenging, innovative and competitive, especially given the latest trend: Mobile Virtual Network Operators.


Latin links

Despite the economic pressures that sometimes lead countries to shut up shop, Italy and Romania have maintained close diplomatic ties in recent years, with a strong focus on economic aspects


Anghel urges investors to look to capital markets during lean times

On a market where FDI, remittances and the absorption of EU funds seem to have hit the buffers, Romania needs to find alternatives to international loans to finance the economy


The winner takes it all?

With elections knocking on Romanias door, the current government coalition has finalized the latest changes made to the electoral system so that MPs will now be elected on a single vote


Italian battalion stays the course

Bilateral trade between Romania and Italy registered a peak in 2011, but this year, with the ongoing economic woes all over Europe, the story may be different


Airport infrastructure on a wing and prayer

With 16 airports in Romania, of which 12 are ranked as international, the local aviation infrastructure needs investment in modernization and expansion to adapt to wider demand

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