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The Competition Council has shown that Romania would be in a state of illegality if this»
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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

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

COUNTRY FOCUS

Common ground empowers business

Although the value of bilateral trade decreased by 4.8 percent last year compared to 2011, to EUR 11.42 billion, Italy remains Romania's second biggest commercial partner after Germany, according to Diego Brasioli, the Ambassador of Italy to Romania. Furthermore, more than 34,000 Italian companies are registered on the domestic market, of which almost half are active, creating around 800,000 jobs.

 
 
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» US investments get a breath of fresh a...
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