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Hans Klemm, US Ambassador to Romania
"The Romanian economic environment has tremendous potential,"»
  Features:      COUNTRY FOCUS   |   SECTOR ANALYSIS   |
Prospects of Further Development

Western Romania is a success story, considering the current and real development perspectives. The city on Bega maintains the traditional role of triggering the national development countrywide,...

IT and outsourcing have generated more than 10,000 well-paid jobs in Iasi

Iasi has become one of the most sought Tier-2 cities in Romania for IT and outsourcing, while European projects worth 133 million Euro have helped the city increase its competitiveness. Alexandr...

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 i...

Lending expertise to entertainment

One's professional path does not always go in a straight line, but may have unpredictable twists and turns - something to which Haluk Kurcer can certainly attest.

Building bridges, changing perceptions

In the first decade since the fall of communism 23 years ago, an obsessively asked question was, "What have you done in the past five years?" With 2012 marking five years since Romania became a ...

Meeting of the Romanian Diplomacy

An event of both symbolic and pragmatic significance Minister Baconschi, this week you are holding the Annual Meeting of the Romanian Diplomacy (RADR). What is the significance of that event?

Plough or pay policy set to force farms to grow up

Could a new law fining farmers who do not cultivate their land help Romania fully exploit its massive agricultural potential? State secretary for agriculture Adrian Radulescu explains this contr...

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Preparing power for sale

Ahead of a massive sell-off in the state’s energy sector, key decision maker and Minister of economy, commerce and business affairs Ion Ariton responds to The Diplomat

Looking west to Romania

Georgia is targeting Romania as an investment partner in its development plan for agriculture, energy and tourism - Levan Metreveli, Ambassador of Georgia to Bucharest tells Michael Bird

Fittest will survive as decentralisation kicks off

Local Government control of hospitals may see better performing hospitals – but fewer, with up to half at risk of shut-down. Marius Savu, Bucharest’s general director of administration of hospit...

Keys to the cash

Carrying out ambitious multi-million Euro public works and responsible for allocating billions in EU funds, Elena Udrea’s Ministry of Regional Development and Tourism has become a key player in ...

Green imperative

The money is available for Romania’s environment – but does the new Minister Laszlo Borbely have the muscle to put the cash to work? Profile by Ana Maria Nitoi

Talking tough on trash

With the nation threatened by multi-million EU fine for failing to close its rubbish dumps, watchdog the National Environmental Guard's Silvian Ionescu talks enforcing the law on councils. Profi...

No escape from the fair deal

From catching scheming hoteliers, probing petrol stations to opening up the notary market, President of the Competition Council Bogdan Chiritoiu talks cartel-busting to Ana Maria Nitoi

More on Features
US investments in Romania: Tremendous potential

One of the fastest growing economies in Europe, Romania is an attractive market for foreign investors in several industries, with potential yet to be developed. The Diplomat - Bucharest talked w...

French investments in Romania: Building on solid foundation

France and Romania became business partners in the early '90s and since then the bonds have been built on trust and mutual commitment. Currently, French investors have gained a leadership positi...

Transport and Logistics: Plenty more to come

The vacancy rate for logistics and industrial spaces in Bucharest is close to zero, with low deliveries of new projects and high demand in the first quarter. According to data from JLL Romania, ...

Future challenges for Romania's energy industry

With a National Strategy draft still to be approved, Romania faces many challenges regarding the energy market to find a way for major investments that are critically needed to enhance the devel...

Coaching - a journey one must never underestimate

If you are passionate about your work and you welcome challenges, but your company does not offer you any opportunities to grow, then you know it's time for a change The year 2008 was a turning...

Liceul Teoretic International de Informatica Bucuresti - An authentic model of education

In every family, the problem of choosing the best school is essential and argued about for a long time because school years are defining for the development of the early adolescent. We all want ...

Orange Romania: Two decades of growing innovation and leading the digital transformation

Interview with Liudmila Climoc, CEO, Orange Romania

Jeffrey Puritt, TELUS International: CSR is Good Business and Good for Business!

Committed to supporting the communities where they operate, TELUS International invests in excess of 100,000 Euros in corporate social responsibility (CSR) programmes and their employees volunte...

Romania on the road to become Emerging Capital Market

Romania is set to attract billions of Euro once upgraded to an Emerging Market - a status which will allow the economy to benefit from massive capital inflows, concluded representatives involved...

Retailers to continue their expansion this year on the local market

Retailers will continue their expansion plans in 2017, possibly with a larger number of store openings than 2016. Consumption will continue to grow and new laws that come into force are among th...

Sergiu Oprescu, ARB: We need to rebuild trust between banks

Trust between Romanian banks must be rebuilt, according to Sergiu Oprescu, Chairman of the Board of the Romanian Banking Association (ARB). He said the banking system in 2017 should focus primar...

Automotive industry still has room for growth, but at a slower pace?

The past few decades have witnessed the automotive industry gaining significantly from the globalization opportunity. Having established a footprint across most major markets, companies across t...

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Editorial

Daily Info
Bonds of Globalworth will start trading on Bucharest Stock Exchange on July 31
Bucharest Stock Exchange (BVB) informs that the bonds of Globalworth will start trading on the main market on July 31, 2017, and are defined by the following: 5,500 bonds, nominative, dematerialized, freely tra...

OTP Bank Romania to take over Banca Romaneasca from National Bank of Greece
The National Bank of Greece signed an agreement with OTP Bank Romania on the sale of its equity holding of 99.28 per cent in Banca Romaneasca. The transaction involves the shares in Banca Romaneasca (BROM) held...

The healthcare system must be a priority, FIC says
Health is now a priority for Romanian authorities and the total spending on healthcare has grown significantly over the last four years (although it is still the lowest proportion of GDP allocated to healthcare...

CET Govora reached 30 million RON profit in H1 2017
Heat and electricity producer CET Govora registered a net profit of 30.6 million RON in the first six months of 2017, compared to a net loss of five million RON in the same period of last year....

E van Wijk agrees new lease at P3 Bucharest park
Pan-European logistics property investor-developer P3 has signed a deal with Logistic E van Wijk, provider of integrated transport and logistics services, to lease 10,180 sqm of warehouse space and 252 sqm of o...