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Constantin Nita, Minister Delegate for Energy
In 2014, we estimate that green energy will reach 24 percent of total consumption, a sha»
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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

Traian Basescu wants Schengen accession by October

Following a recent meeting in Brussels with European Council President Hermann von Rompuy, Romanian President Traian Basescu said that he had informed the European official of Romania's objective to join Scheng...

ECONOMICS

Consumers subsidize green energy production by extra 34 percent

Energy consumers paid EUR 415.8 million last year to support renewable energy through the green certificate system, up 33.7 percent on the EUR 310.8 million in 2012, despite the price per certificate decreasing...

ENERGY

Romania and Turkey to strengthen energy cooperation

Minister Delegate for Energy, Constantin Nita, met with Turkey’s Minister of Energy and Natural Resources, Taner Yildiz, in late January

REAL ESTATE

DTZ takes over property management of Cocor store in Bucharest

DTZ Echinox has been assigned to take over the property management operations of the Cocor store in Bucharest . The consultant’s mission is to attract new tenants to the outlet, which covers 11,200 sqm and ha...

INFRASTRUCTURE

PM: Bucharest-Comarnic highway to be ready in 2017

The long-awaited and disputed highway linking Bucharest to Comarnic is expected to be completed in 2017, the Premier Victor Ponta said during a press meeting earlier this month

AGRIBUSINESS

Agriculture generated record EUR 18.5 billion for economy last year

Agriculture, a sector which annually contributes 6-7 percent of GDP, generated EUR 18.5 billion for Romania's economy last year, the best result in history, up 28 percent on 2012, according to preliminary Euros...

INVESTMENTS

Sebes gets EUR 40 million production hall

Star Transmission, owned by the German-based multinational automotive corporation Daimler, has opened a gearbox with double clutch assembly unit for Mercedes-Benz passenger cars in Sebes, Alba County, according...

EVENTS

Three years

Franklin Templeton Investment Management Limited Bucharest Branch, in its capacity of Sole Director and Fund Manager of Fondul Proprietatea, celebrated three years since the fund’s listing on the Bucharest St...

GREEN

EC Environment Commissioner: ‘Proper waste management could create 30,000 local jobs’

Thousands of jobs could be created if Romania implements existing waste management legislation to the full, Janez Potocnik, the European Commissioner for the Environment, told The Diplomat-Bucharest in mid-Janu...


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Reports

REPORTS

Taxation and renewables come under close scrutiny

The amendments to the Law on promotion of electricity from RFS, which postponed the payment of some green certificates for hydro, solar and wind farms, generated instability in the renewable market. In order to reconcile the initial support offered to investors with Romania's real capacity to pay, the authorities may come up with a correction mechanism in the form of taxation. The Diplomat-Bucharest analyzed how the existing tax r

REPORTS

The painful cycle of change

Just like last year, 2014 has started twitchily for renewable energy and, what's worse, pundits do not anticipate too much good news going forward. At exactly this time last year, renewable energy companies were impatiently waiting for the changes in the legislation governing the support scheme for green energy to be announced

REPORTS

The Green Wave

Green is the new black and this color-oriented objective is more and more evident in developers' approach to their projects in Romania, following the trend on more mature markets. Specialists in sustainability certification outline the difference between a "green" and a "certified" building and the need to follow the trend not as a fad but as a responsibility

Features

DECISION MAKERS

Biodiversity and sustainable development go hand in hand

Anne Juganaru, Secretary of State within the Ministry of Environment and Climate Change, tells The Diplomat-Bucharest how important it is to protect Romania's biodiversity and how can it be correlated to the sustainable development of the country

SECTOR ANALYSIS

Romania's recycling timetable: what, when, how

Although Romania has made some progress in improving its waste management over the past few years, the overall picture still includes very low recycling rates and heavy reliance on landfill. Janez Potocnik, the European Commissioner for the Environment, and major local players talked green business with The Diplomat-Bucharest

 
 
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Most read articles
» Romania's recycling timetable: what, w...
» Taxation and renewables come under clo...
» The painful cycle of change
» Biodiversity and sustainable developme...
» The Green Wave
» EU Report: In Romania, both petty and ...
» Traian Basescu wants Schengen accessio...
» EC Environment Commissioner: ‘Proper...
» Romania and Turkey to strengthen energ...
» Consumers subsidize green energy produ...