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Vienna Insurance Group posts profit of 110 million Euro in Q1

Vienna Insurance Group reported a profit before taxes of around 110 million Euro in the first quarter of 2017, according to a press release.

Three Romanian architecture offices merge into CUMULUS

PZP, SYAA and ARXTUDIO offices have merged into CUMULUS, in one of the rare transaction on the Romanian architecture sector. The new company has a combined turnover of over one million Euro.

Eberspaecher forecasts slight increase in revenue for 2017

The German automotive supplier Eberspaecher forecasts sustained positive income development with a slight increase in revenue for 2017, a press release shows.

Liberty Center reached 70 per cent occupancy rate in the last six months
Land transactions volume reached record high last year in Bucharest, says C&W Echinox
Teraplast appoints Mirela Pop as new CEO
Austria holds over 14 per cent of all foreign investments in Romania
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Race is on for general elections

One month before Parliamentary elections this December, Romania is set to play host to a fierce race to regain control of a country that is seeing its EU member state status under constant scrutiny.


Continental ups Timisoara investment

Having invested over 271 million Euro in its Timisoara plant to date, German tire producer Continental said it is undergoing a 50 million Euro expansion project, to improve the technological flow and ensure com...


New PV park ready to join the grid

Portuguese-based Efacec group has said its photovoltaic park in Cujimir, Mehedinti county, will be ready to go operational early next year, according to Mediafax. Stretching over 36 hectares, the greenfield inv...


Henri Coanda airport opens new departures terminal

Following a 52 million Euro investment, the Bucharest Henri Coanda International Airport last month inaugurated its new departures terminal, which officials said was completed in a record 17 months.


S+B Gruppe: new project on Bucharest's main boulevard

Private project developer S+B Gruppe is putting the finishing touches to a new property on Bucharest's main boulevard, Magheru, with about 3,950 sqm of leasable space becoming available towards the end of this ...


Raed Arafat

is the new Health Minister of Romania. Since 2007, Arafat, 48, has served as Secretary of State in the Ministry of Health. In 1991, he founded the Romanian Mobile Service for Emergency, Resuscitation and Extri...


Guiding Light

Law firm Pachiu & Associates organized a conference on Renewable Energy Investments in Romania: Opportunities and Challenges, at Capital Plaza Hotel, bringing together lawyers from the US and several Europe...



Privatisations: living on the edge

Privatisation has been the mantra chanted by every Government in charge in the past years and it has become one of the words written in capital letters in the agreement Romania signed with the International Monetary Fund (IMF). Diana Mesesan talks to analysts in the field to find out to what degree is privatisation the right choice for state-owned companies


PV market: here comes the sun

Authorities, legal and financial experts analysed the new legislative framework governing the photovoltaic market, while several market players put forward solutions for the Romanian PV industry and presented new technologies in the field to increase the efficiency of PV farms, during the Romanian Photovoltaic Investment Forum 2012, organized by The Diplomat - Bucharest in partnership with Transelectrica



Sisterhood of the Danube

They say size does matter when it comes to capitalizing on business and diplomatic ties, and the size of Austrian investments in Romania has made headlines in the recent past. Where do we go from here, though? Corina Mica takes the pulse of Austrian investments in Romania in the wider region called the European Union


Romania's PV market: an overview

by Zoltan Nagy, General Director of the Energy Efficiency Regulatory Department at the Romanian Authority for Energy Regulation (ANRE)


Renewable energy: sense and necessity

Romania offers one of the most substantial and, therefore, attractive support schemes for renewable electricity production in the European Union. Even though it took four years to pass the law governing this field, investors haven't just been biding their time, but have spent a billion Euro on investments in the construction of wind farms, photovoltaic units, micro-hydropower and biomass plants


Private pensions, five years on: where do we go from here?

Private pensions have witnessed steady development in the five years since they became available locally, despite the delays caused by the financial crisis that has engulfed Europe. Alexandra Lopotaru speaks to fund managers to evaluate the ups and downs of an industry on which the living standards of future generations depend.

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