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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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POLITICS

Unemployment rate stays beneath EU average

The unemployment rate in Romania reached 7.5 percent in May, up 0.2 percentage points from the previous month and from the level in May 2012

ECONOMICS

FDI falls by 35 percent in Q1

Foreign direct investments (FDI) totalled EUR 322 million in the first four months of 2013, down nearly 35 percent on the same period of last year

ENERGY

Prahova to see EUR 5 million co-generation plant

First Romanian co-generation plant for renewable energy production, biogas based, was opened in Filipestii de Padure, Prahova county, in early July

INFRASTRUCTURE

GFR gets 51 percent in CFR Marfa

The largest private railway company in Romania Grup Feroviar Roman (GFR) was appointed winner in the privatization of the state freight operator (CFR Marfa),

REAL ESTATE

Office rents down to roughly EUR 7.7/sqm a month

Average Bucharest office rents fell to EUR 7.69/sqm/month in late June

DRIVING

Sporty makeup for BMW

How do you make a 3 series stand out from the crowd? BMW has the answer and a price tag for an expensive makeup that will add sporty glitter to your rig. By Adrian Ion

APPOINTMENTS

Stefan Bucataru

has been appointed CEO of Transelectrica Bucuresti (TEL), replacing Stefan Gheorghe after four months in the position. Bucataru previously served as general manager at Teraplast Bistrita, a PVC pipes and profil...

EVENTS

Transylvania Rally

At the end of the fourth stage of the National Rally Championship, called the Transylvania Rally, the BCR Leasing Rally Team finished second in the team standings, retaining third position on the podium of the ...


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Reports

REPORTS

Is the sun setting on the PV sector?

The recent changes in the green energy sector stemming from Emergency Government Ordinance no.57/2013 and the status of investments in this field were the trigger for the "Meet the investors in PV" event organized by The Diplomat - Bucharest, where authorities, analysts and investors discussed the latest developments in the PV sector

REPORTS

Energy in the eye of the beholder: Nabucco Project, Black Sea exploration program and shale gas prospecting

On June 26, Nabucco consortium leader OMV announced that the group of companies operating the Shah Deniz gas deposit in Azerbaijan had not selected the Nabucco gas pipeline as the route to transport Azerbaijani gas to Europe. What are the consequences? By Diana Mesesan

Features

COUNTRY FOCUS

US investments get a breath of fresh air

As TTIP (Transatlantic Trade and Investment Partnership) discussions boost US-EU trade, the relationship between the United States and Romania is expected to increase correspondingly. The Diplomat - Bucharest talked to Duane Butcher, the United States' charge d'affaires, Anca Harasim, the executive director of AmCham Romania, and several major US players to both analyze ways to sharpen the US-Romania partnership and highlig

COUNTRY FOCUS

Allons-y! French firms keep their promises

The value of bilateral trade between France and Romania reached a record of EUR 6.25 billion last year

SECTOR ANALYSIS

Injecting life into the local pharma market

Updating the list of subsidized drugs, introducing distinct claw-back tax rates for generic and original products, and finding ways to discourage producers from exporting medicine are among the latest developments in the Romanian pharmaceutical sector. The Diplomat – Bucharest talked to drugs producers, authorities and analysts about the remapping of the Romanian health system. By Diana Mesesan

 
 
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Most read articles
» US investments get a breath of fresh a...
» Energy in the eye of the beholder: Nab...
» Allons-y! French firms keep their prom...
» Is the sun setting on the PV sector?
» Injecting life into the local pharma m...
» Sporty makeup for BMW
» Drugs factory in Brasov to close
» Basescu signs off on shale gas after N...
» Office rents down to roughly EUR 7.7/s...
» CIA director visits Romania