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