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Bogdan Apahidean, LeasePlan Romania
On an emerging market such as Romania’s, the operational leasing concept had enormous »




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POLITICS

Corlatean meets French counterpart

Romania's Minister of Foreign Affairs Titus Corlatean met, during a side meeting to the 68th session of the UN General Assembly, with his French counterpart, Laurent Fabius, according to the Ministry of Foreign...

ECONOMICS

35 local firms make Deloitte CE Top 500

Romania was ranked fifth by the number of companies in Deloitte’s Central Europe Top 500, released in September, in which the most important companies from 18 European countries were analyzed and ranked by re...

ENERGY

Nuclearelectrica's IPO completed in late September

The initial public offering for the sale of new shares, representing 10 percent of the share capital in the power company Nuclearelectrica, was successfully completed through the Bucharest Stock Exchange (BSE) ...

INFRASTRUCTURE

Switzerland to put up EUR 7 million for Metrorex

Switzerland will invest CHF 8.5 million (almost EUR 7 million) in pre-feasibility and feasibility studies for the Gara de Nord-Gara Progresul subway section, part of the M4 line that links Lac Straulesti with G...

REAL ESTATE

Bucharest gets new EUR 5.4 million flat complex

Real estate developer Adama, owned by Immofinanz Group, delivered the second apartment building of the EUR 5.4 million Evocasa Optima project in late September

APPOINTMENTS

Serge Gonvers

is the new partner of Mazars. A Swiss citizen living in Romania since 1994, Gonvers has 28 years of experience in financial and business management within leading multinational companies in Romania and elsewher...

INVESTMENTS

MOL Romania invests EUR 3 million in three new gas stations

MOL Romania’s retail network reached 141 stations in mid-September, after the company opened three new stations in Floresti (Cluj), Iasi and Calinesti (Arges), consolidating its distribution chain. “We inve...

EVENTS

New production

ROMBAT announced in late September the official launch of the battery production in the new factory located in Bistrita. The new capacity represents an investment of EUR 17 million and is designed to produce b...


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Reports

REPORTS

Operational leasing travels the road to maturity - but how hard will the journey be?

In the first half of 2013, the Romanian operational leasing market grew only by 1 percent against the same period of 2012 to reach slightly over 41,500 units, as the challenging economic environment and legislative changes put the market on hold. The Diplomat-Bucharest talked to industry game changers to find out the new rules for operational leasing and how the sector can expand By Alexandra Lopotaru

REPORTS

Sweet future for local dry wines?

Europe's sixth biggest wine producer, Romania paradoxically suffers from a bad reputation internationally. After four decades of sweat, cheap mass-produced plonk before 1989 and two subsequent decades of weak activity in the premium sector, Romania is struggling to reignite its romance with wine. The Diplomat-Bucharest talked to new and old viticulture players to see how they are trying to improve the local bouquet. By Diana Mes

REPORTS

Romanian agriculture: from harvest to hardest

In mid-September, The Diplomat-Bucharest organized the Romanian Agribusiness Forum 2013, the third such annual conference, with the support of the US Embassy's Foreign Agricultural Service and the Embassy of Argentina, in order to analyze prospects and find solutions for successful agriculture in Romania By Alexandra Lopotaru

Features

COUNTRY FOCUS

German investments: Willkommen in Romania!

Amid the current economic turmoil, German investors seem to prefer expanding their existing business on the local market to investing in greenfield projects. Nevertheless, Germany has been Romania's biggest commercial partner since 2007, with the bilateral trade value reaching almost EUR 18 billion last year. The Diplomat-Bucharest talked to the German Ambassador to Romania, H.E. Werner Hans Lauk, the president of the German-Roma

COUNTRY FOCUS

Chinese investments in Romania: still waiting for the miracle

Chinese companies have expressed their interest in big infrastructure projects in Romania this year, such as the construction of units 3 and 4 of the Cernavoda nuclear power plant, the Tarnita-Lapustesti hydroelectric power station and the Comarnic-Brasov motorway, but no plans have actually been carried out. The Diplomat-Bucharest talked to Chinese companies and analysts to see why Chinese investments in Romania are being held bac

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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