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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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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...


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...


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) ...


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...


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


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...


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...


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...



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


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


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



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


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

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Most read articles
» German investments: Willkommen in Roma...
» Operational leasing travels the road t...
» Romanian agriculture: from harvest to ...
» Chinese investments in Romania: still ...
» Sweet future for local dry wines?
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» Nuclearelectrica's IPO completed in la...
» Cora hypermarket launches gastronomy s...
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