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Sibiu and Timisoara, top priorities for investors in Romania

Sibiu and Timisoara are top priorities for investors who are interested to come to Romania, as revealed by the fifth edition of Cities of Tomorrow conference, organized by the German-Romanian Chamb...

Gas prices liberalization in Romania to start in April
Toyota recalls 2.9 million vehicles globally over airbags issues
Romania to develop economic component of the strategic partnership with US
Debate on digital economy at Cluj Innovation Days 2017
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Print edition

POLITICS

PM says cash for Drumul Taberei-Universitate underground route in place

Funding for the Drumul Taberei-Universitate underground route is fully secured from budget resources, Prime Minister Victor Ponta announced in October, on a visit to the construction site

ECONOMICS

Vola.ro ranks first in Deloitte's CE Technology Fast 50

Local online tour company Vola.ro was ranked in first place for the third time in a row in the Deloitte Central Europe Technology FAST 50 study, where the fastest-growing technology companies in the region are ...

ENERGY

Iasi-Ungheni pipeline agreement signed

Romania's Deputy Prime Minister Liviu Dragnea and his Moldovan counterpart Valeriu Lazar have signed a contract for the Iasi-Ungheni pipeline, which will connect the national gas transportation systems in the t...

REAL ESTATE

TriGranit Management Corporation returns to Romania with Atrium project

TriGranit Management Corporation (TGM) is re-entering the Romanian shopping center market with the announcement of a full property management mandate for Atrium Center, its first mall, which opened three years ...

INFRASTRUCTURE

Sova: Four motorway sections to be launched in December

Four motorway segments will be ready in December, according to Dan Sova, Minister Delegate for infrastructure projects of national interest and foreign investment

APPOINTMENTS

Anca Roscaneanu

has been appointed GM of insurance broker and consultancy company Gras Savoye Romania. The new manager brings over 10 years of experience in the field of insurance. She is a graduate of the Academy of Economic ...

INVESTMENTS

Coca-Cola invests EUR 22 million in Ploiesti

The Coca-Cola Company, along with its second biggest bottler, Coca-Cola HBC, inaugurated in late October a new bottling line in Ploiesti for the Cappy Pulpy soft drink

AGRIBUSINESS

Monsanto to invest USD 32 million in Ialomita

US company Monsanto, the largest producer of genetically modified seeds in the world, has completed an investment of USD 32 million in the expansion of production capacity at the processing and seed conditionin...

EVENTS

REWARDING EXCELLENCE

Celebrating 18 years since its establishment with more than 200 guests, Stoica & Associates presented an excellence award for his entire legal career to Univ. Prof. Viorel Mihai Ciobanu, PhD from the Law Fa...


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Reports
Features

COUNTRY FOCUS

Austria's footprints on the local market

Diplomatic ties between Romania and the Republic of Austria are pretty tight, given the fact that Austria is Romania's second biggest foreign investor, with EUR 1.25 billion injected on the local market last year, bringing its overall invested capital to almost EUR 11 billion

SECTOR ANALYSIS

Talent, the engine of entrepreneurship

Starting out as an entrepreneur takes guts, instinct, stubbornness, good social skills, a certain madness, intelligence and, not least, talent, say those who have been there

BUSINESS LEADERS

Electric dreams: CEO aims to take Nuclearelectrica to next level

Marking a milestone in Nuclearelectrica's management history, Daniela Lulache, the first woman to take the helm of the company, plans to upgrade Romania's best at industry level and make it one of the most modern and top-performing companies in the country

SECTOR ANALYSIS

Lower tariffs stir high passions on telecom market

It is commonly believed that the heat wanes at the end of August and a time of soothing temperatures sets in. This may be true in general, but not this year, and especially not for the telecom sector

BUSINESS LEADERS

Mariana Gheorghe, OMV Petrom: 'More than 80 percent of our future investments will go into exploration and production'

With investments amounting to more than EUR 9 billion on the local market between 2005 and 2012, OMV Petrom, the largest oil and gas group in South Eastern Europe, plans to keep up the pace of business by investing between EUR 800 million and EUR 1.2 billion per year in the next two to three years.

SECTOR ANALYSIS

Checking out the hotel market
'How may I help you?'

Whilst the beginning of 2013 did not see much activity for the hospitality business, hotel operators saw an improvement this fall and managed to increase both their occupancy rate and leisure business. The Diplomat Bucharest talked to key industry players to find out what caused the growth and what else is shaping the current hotel industry

SECTOR ANALYSIS

Three into one goes on energy market

The most important events in the Romanian energy sector in 2013 can be divided into the good and the bad

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

 
 
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» Austria's footprints on the local mark...
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