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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

EC calls on Government to respect judicial independence

The European Commission has made a list of requests from the Romanian Government in order to ensure its compliance with the independence of justice.

ECONOMICS

Public deficit reduced to 1.15 percent of GDP in first seven months

Romania's budget deficit stood at RON 6.97 billion, or 1.15 percent of GDP, after the first seven months of 2012, down from 1.96 percent of GDP in the same period of 2011.

ENERGY

Hidroelectrica wants 74 percent increase in regulated energy prices

Hidroelectrica has asked the energy industry regulator ANRE to approve an increase of 74 percent in the sale prices of energy through regulated contracts from RON 72 to at least RON 125 per MWh, equivalent to t...

REAL ESTATE

Real estate investments plunge to six-year low

Real estate investments in Romania in the first semester of this year recorded the lowest value of the last six years, with only two transactions signed in this period and some EUR 55 million transacted, accord...

INFRASTRUCTURE

Cernavoda-Medgidia highway segment ready for traffic

The A2 highway section linking Cernavoda and Medgidia has been opened, with the status of national road and an 80 km per hour speed limit for vehicles, the Romanian National Company of Motorways and National Ro...

APPOINTMENTS

FLORIN PETOLEA

has been appointed GM of Alcatel-Lucent Romania, starting August 1. He will replace Raoul Ros, who had served as GM since 2009 and will assume other responsibilities at the company′s HQ. Petolea has over ...

EVENTS

Power Players

The Top Attorneys Gala awarded the most powerful law firms in Romania and the Republic of Moldova, based on the results obtained in 2011. Special guest was Dr. Rupert Wolff, president of the Austrian Bar Assoc...

CITY LIFE

Lenny Kravitz postpones Bucharest concert for 2013

Lenny Kravitz, one of the most popular American musicians of the last 20 years, will again perform before his local fans, not in September (as it was progammed), but in 2013.


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Reports

REPORTS

Sowing the seeds of profitable agriculture in Romania

The trade dynamics of agricultural products in Romania over the last decade, opportunities for the development of local agriculture in the context of the Common Agricultural Policy and the issue of GMOs were the main topics discussed by top managers and representatives of the largest agricultural and agriculture-related companies.

Features

BUSINESS LEADERS

Property Fund takes on critics of second listing

Greg Konieczny, fund manager of the Property Fund, tells The Diplomat - Bucharest the fund's latest plans for a secondary listing on the Warsaw stock exchange and describes the main challenges on the local market. By Dana Verdes

COUNTRY FOCUS

Chinese show character for business

Since 2008, China has been looking very closely at Europe in order to find investment opportunities. The pace really picked up in 2020, when Chinese investments in the continent doubled compared to 2009. The Diplomat - Bucharest found out where Romania stands on the map of Chinese investments from Huo Yuzhen, the ambassador of China to Bucharest. By Magda Purice

SECTOR ANALYSIS

Cash injections revive Romanian private health system

Unlike other segments of the economy, the Romanian private medical system has not been too badly sickened by the crisis. Proof is the large number of hospitals and clinics opening and the massive investment, with the new trend being the construction of specialized hospitals. The Diplomat - Bucharest spoke to the biggest players on the market and found out their market prognosis and future plans. By Roxana Cristea

SECTOR ANALYSIS

Solar power projects give market a ray of hope

Are PV projects the hot new attraction on the power market? Lawmakers, lawyers, investors, suppliers and bankers talked to The Diplomat - Bucharest to help shine a light on the main challenges facing solar projects on the local market. By Dana Verdes

COUNTRY FOCUS

China deals with local market challenges

Despite their different cultural background, Chinese businesses are no different than any other and talk the same language of profit and performance. The Diplomat - Bucharest found out which fields are delivering the best investment opportunities and why the Romanian business landscape offers the right conditions for Chinese brands and investors in this parlous economic context. By Magda Purice

 
 
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