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Tackling a taxing problem

Doubling the penalties for tax evasion – this was a measure suggested in an amendment to a law put forward by Senate vice-president, Dan Voiculescu. The amendment was not supported by his collea...

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The winner takes it all?

With elections knocking on Romania’s door, the current government coalition has finalized the latest changes made to the electoral system so that MPs will now be elected on a single vote

Like rats from a sinking ship...

With the elections knocking on Romania’s door, the ruling party is taking all the aces it has been keeping up its sleeve and putting them on the table with a flourish

Better the devil you know?

The elections are fast approaching and it seems like we are entering deeper and deeper into what is officially called the electoral campaign

WINNERS of the Romanian Energy Awards 2012 Gala

The Diplomat-Bucharest awarded the excellence in the Romanian energy sector during the "Romanian Energy Awards 2012" gala.
The elite event, at which participated over 150 personalities - ...

Funds and games

We all rejoiced when Romania joined the European Union. The year was 2007 and we all hoped that our lives would change significantly, obviously for the better, especially in terms of income

New Romanian politics: tarring everyone with the same brush

Once again Romanians are in the spotlight of the foreign media. This time it’s not the usual round of accusations of corruption or criminality, but because thousands of citizens have been protes...

Few signs of a prosperous New Year

As the festive season approaches, we at The Diplomat – Bucharest have another reason to celebrate: our eighth anniversary on the market. It’s an achievement we’re proud of – especially given tha...

The King’s speech throws less than regal light on local politics

One of October’s main political events was, undoubtedly, the national council of the Social Democrat Party (PSD)

Are we the authors of our own misfortune?

One of the hot topics of the last month has been the TV show featuring a group of French comedians, broadcast by a major TV station in the Hexagon, mocking Romanians whom it describes as dirty b...

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How many cars does it take to drive the economy forward?

One of the indicators that show us how a country’s economy is faring is undoubtedly consumption. Let’s take for instance the auto market

How the small became big

One of the hot topics of recent weeks has been Romania’s potential territorial re-division. But nobody knows the real reasons why the idea was made the subject of public debate...

Statistically speaking, we're fine

The March statistics on net salary income show an 80 RON hike in absolute value. This is up on the February figures, but down year on year. Are we to understand that we are fine or are we kiddin...

Superpower wins as Romanian media botches local Wikileaks release

Romania’s publishing of its own Wikileaks revelations has descended into a bitter war between two media outlets, as opposed to a fight with authority on the principles of free access to informat...

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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.