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The mutual fund has emerged as a necessity for farmers to cover some losses through natu»
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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

New political alliance is born

The Romanian Farmers Movement (MAR) and Romanian Democratic Union (UDR) have joined together under the banner of the National Alliance of Farmers (ANA) and decided to run in this May’s European Parliament ele...

ECONOMICS

FDI rises by 8 percent in January y-o-y to 244 million Euro

Foreign direct investment (FDI) totaled 244 million Euro in the first month of the year, up 8 percent compared to January 2013, after reaching a four-year peak last year, namely 2.71 billion Euro, according to ...

ENERGY

ANRE president: domestic gas prices to rise on April 1

ANRE president Nicolae Havrilet announced in late March that from April 1 there will be a 2 percent increase in the price of natural gas for households and a 5 percent rise for industrial consumers on the regul...

REAL ESTATE

Vodafone to move into Papalekas tower

Telecom operator Vodafone will transfer its operations into the office tower Bucharest One, in the north of the city, a project of Greek businessman Ioannis Papalekas. The move becomes effective next year

INFRASTRUCTURE

New EUR 1.5 billion underground mainline planned

The Bragadiru-Voluntari underground mainline 7 is projected to cost EUR 1.5 billion and could take six years to complete, exMinister of Transport Ramona Manescu told a French-Romanian seminar on public-private ...

APPOINTMENTS

Joseph Kim

Samsung has appointed Joseph (Jeongwoo) Kim CEO of Samsung Electronics Romania. From his new position, Kim will coordinate Samsung’s operations in Romania and Bulgaria. He replaces Young Lak Jung, who has ser...

INVESTMENTS

EBRD funds 5 million Euro investment in factory near Ploiesti

The Spanish manufacturer of hydraulic components, Grupo Industrial Roquet, received 5 million Euro from the European Bank for Reconstruction and Development (EBRD) in mid-February to build a factory near Ploies...

AGRIBUSINESS

Ministry of Agriculture allocates 20 million Euro to rural telecom networks

Small and medium enterprises operating in the field of communications have until April 11 to submit funding applications for the development of broadband infrastructure in rural areas not covered by telecom ope...

GREEN

MMSC launches three programs funded by EEA Grants, worth 30 million Euro

Three programs funded by EEA Grants worth 30 million Euro to protect biodiversity, reduce hazardous substances and adapt to climate change were launched in mid-March by the Ministry of Environment and Climate C...

EVENTS

FINANCIAL HELP

Garanti Bank, a member of Turkiye Garanti Bankasi, granted a 20 million Euro loan to New Europe Property Investments (NEPI) for the partial refinancing of the latter’s investment in Shopping City Galati. The ...


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Reports

REPORTS

The promised land

There is no perfect justice, just as there is no absolute in ethics. But there is perfect injustice, according to an old saying. This year brought a new discussion on the public agenda, that of liberalization of the land market in Romania. The Diplomat-Bucharest analyzed the possible effects of the law, talking to the main investors, financial and fiscal consultants, along with officials representing trade bodies

Features

SECTOR ANALYSIS

Agrifinance: finding soil-utions

Romanian agriculture must be financially supported in order to develop properly and to reclaim its status as the 'breadbasket of Europe'. The aim is high and the road is hard, but if all major players make common efforts, the dream could come true, say pundits. The Diplomat - Bucharest looks at the state of the local agricultural financing system and analyzes the potential solutions for its improvement. By Alexandra Lopotaru

SECTOR ANALYSIS

Hypermarket, supermarket and cash & carry chains open 1,500 units amid economic turmoil

In the six years since the economic slump began, the Romanian retail market has undergone an extremely difficult and challenging episode, though the decline of consumption and sales has been offset by the aggressive expansion of hypermarket and supermarket networks.

SECTOR ANALYSIS

HR outsourcing market climbs the career ladder

The local temporary staffing market expanded by more than 20 percent last year on 2012, reaching around 300 million Euro, and is expected to keep up the two-digit growth pace this year as well. The Diplomat – Bucharest talked to major HR players to find out about both their business development and the main 2014 market challenges. by Alexandra Lopotaru

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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» Agrifinance: finding soil-utions
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» EBRD funds 5 million Euro investment i...
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