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RAZVAN GRIGORESCU, CEC BANK
There was a lack of communication between the banks on the local market»
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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...

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...

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...

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...

Tuchila, Romanian Banking Association: Digitalization in the financial banking services could be a game changer

Competition is increasing in the banking and financial services, there are new entrants on the market and this is driven by the customers' requirements in the digital era, according to Rodica Tu...

Insurance market going digital

Insurance companies face many challenges every day, but nowadays it seems that the adoption of digital technology might be the biggest challenge yet. The digital revolution has the potential to ...

Romania's hospitality industry raises a glass to constant progress

"Slow and steady wins the race," they say, and it seems that Romania's hospitality industry plans on doing so. Step by step, the market has shown that it can grow despite certain snags and that ...

Operational leasing on a wider road towards growth

As Romania's operational leasing industry is on a rise in an accelerated competitive environment, digitalization and the increasing interest of SMEs in the segment are reshaping its structure, c...

2016's Courier Industry: Testing the Waters

Romania's courier business is pretty dynamic these days and tends to become more and more high tech as players are trying to find innovative solutions to keep up with users' need for mobility. C...

Romanian Energy Awards 2016 - Cream of the crop in energy

After more than a month of intricate deliberation process conducted by a prominent jury, The Diplomat - Bucharest celebrated the winners of 20 assigned categories for both conventional and renew...

The path to circular economy: waste as resource

Text courtesy of Mr. Constantin Damov, Green Group co-founder

Transport and Logistics: Still on the Move

While the local transport and logistics industry sees double-digit growths y-o-y, its players dream of Romania as an international hub. However, its future depends heavily on infrastructure with...

Hello, market

With more than 20 years of telecom history-making in Romania, the companies in the field, under the skies of keen local competition with significant projects to be launched, are also keeping an ...

Romania's tourism: a walk on thin air

Last year, Romania's tourism had a tumultuous trip itself due to domestic legal changes, introduction of holiday vouchers, terrorist attacks and alerts. This year it plans to put in its backpack...

More on Features
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...

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...

G4S

Raluca Florentina Dumitriu, General Manager of G4S Secure Solutions Romania

Romelectro Goes Global!

Romelectro is one of the most important EPC contractors in Romania for complex projects in the energy field. The company has over 45 years of experience in the field. It started out as a Contrac...

Romania: Every market has a silver lining

Authorities should continue to adjust their models of economic growth and put more emphasis on the absorption of EU funds and infrastructure development, according to the private sector, for the...

Romania's hospitality industry raises a glass to constant progress

"Slow and steady wins the race," they say, and it seems that Romania's hospitality industry plans on doing so. Step by step, the market has shown that it can grow despite certain snags and that ...

Tuchila, Romanian Banking Association: Digitalization in the financial banking services could be a game changer

Competition is increasing in the banking and financial services, there are new entrants on the market and this is driven by the customers' requirements in the digital era, according to Rodica Tu...

Insurance market going digital

Insurance companies face many challenges every day, but nowadays it seems that the adoption of digital technology might be the biggest challenge yet. The digital revolution has the potential to ...

Adrian Peake, Medicover:The economic growth offers confidence to invest in development and people

As Medicover Romania seems to have an accelerated growth by opening new clinics and acquiring other players, Alexandra Cioboata talks to Adrian Peake, general manager of the private healthcare o...

Private management: from papers to facts

Case study: Nuclearelectrica

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Editorial

Daily Info
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 public pension ...

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 year-on-year i...

Deloitte Romania appoints Alexandru Reff as new country managing partner
Alexandru Reff has been appointed country managing partner Deloitte Romania and Moldova, effective June 1, 2017. He will succeed Ahmed Hassan, who takes on a regional leadership position.

Cushman & Wakefield Echinox expands its retail department with new appointment
Cushman & Wakefield Echinox consolidates its retail team by recruiting Dana Radoveneanu, a specialist with six years of experience of the local retail market, a press release shows.