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Tal Roma, AFI Europe Romania
In 2017, the companies were facing a more competitive labour market»
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CFR Calatori passenger trains register total delays of almost nine years in 2017

The trains ran by the state-owned company CFR Calatori registered total delays of some 4.53 million minutes in 2017, which translates into around 8.6 years, according to data from the company.

Around 35 percent of the Romanian roads are covered with stone and soil, statistics show

Romania has made little progress last year in modernizing its infrastructure, official statistics released on Wednesday showing that 35 percent of the roads are covered with stone and soil and o...

Bucharest to build new terminal for Henri Coanda International airport

The procedures for building a new terminal at the Henri Coanda International Airport, which serves Romania’s capital, are ongoing.

New bill regulating activity of Uber, Taxify in Romania, submitted to Parliament

A draft bill regulating ridesharing services in Romania, such the ones provided by Uber or Taxify, has been submitted to the Parliament by several MPs from both ruling and opposition parties.

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Bucharest wants to expand its Old Town

Bucharest's Old Town, the city's historic district, will expand to include 50 other streets in the city center, Bucharest mayor Gabriela Firea. The Old Town will also include the Jewish district...

Nuclearelectrica: Unit 1 in Cernavoda will be stopped in 2026 for refurbishment, project costs up to 1.5 billion Euro

Unit 1 in Cernavoda nuclear power plant will have undergo a process of refurbishment in 2026, a project that will cost around 1.2-1.5 billion Euro, according to Romeo Urjan, the head of Nucleare...

Telekom launches the third Smart City pilot project in Romania

Telekom Romania launched in Piatra Neamt, the third Smart City pilot project, after the ones in Bucharest and Constanta. The company's project is part of the strategy of expanding its own operat...

Romania and Hungary to build high-speed railway from Cluj to Budapest

Romania's foreign affairs minister Teodor Melescanu and Hungarian counterpart Peter Szijjarto agreed on Monday on the development of a high-speed railway between Cluj-Napoca and Budapest, Szijja...

Posta Romana auto park to increase by 180 units, following investment of 3 million Euro

Posta Romana auto park will increase by 180 units, out of which 80 cars of 3.5 tones will be functional this week, following that until the end of the month to be distributed the rest of 100 car...

BMW to build test track for self-driving cars

German luxury automaker BMW said on Friday it will spend over 100 million euros ($118 million) on a test track for self-driving and electric cars in the Czech Republic, as it expands its foray i...

Constructions sector down by 5.4 per cent in 2017

Constructions works sector down year-on-year by 5.4 per cent in 2017, affected by the decrease in the infrastructure works and non-residential constructions, while the residential constructions ...

E-Distributie Muntenia invested 14.5 million RON for the modernisation of the Cotroceni primary station

E-Distributie Muntenia invested about 14.5 million RON (3.15 million Euro) for the first stages of the modernization of the Cotroceni primary station in Bucharest, a 3-year project which began i...

CNAIR auctioned infrastructure projects worth four billion Euro in 2017

The National Road Infrastructure Management Company (CNAIR) informs that it auctioned projects worth around four billion Euro in 2017, the highest value in the last 27 years.

Timisoara ponders metro line

Timisoara, a city in western Romania, is planning to allot 31,182 Euro of this year’s budget to a pre-feasibility study for a metro-type public transport system.

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ING Bank Romania to accelerate business development through digitization

Customers are increasingly interacting with the bank through its digital platforms and are making more card payments, according to a report issued by ING Bank Romania.

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TransferGo: We will come to a point where money transfers will be dominated by app usage

Cash will become obsolete and this will be the result of digital finance advancement, Marius Nedelcu, Country Manager at TransferGo told The Diplomat-Bucharest.

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Immofinanz: Constant, visible shift towards energy efficiency on the local office sector

Romania's strong economic growth in 2017 placed the country in a leading position in the CEE region and the trend is expected be sustainable over the next years, Christian Traunfellner, Head of ...

2 Comments

JLL Romania: 80 per cent of buildings under construction built according to international green standards

Stability and sustainability are the words that can describe the Romanian office market in 2017, according to Madalina Marinescu, Office Department consultant JLL Romania.

Great potential comes with big challenges

The residential market in Romania registered new record investments in 2017, one of its best years so far - and analysts said the trend will continue for sure this year.

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AFI Europe Romania: Romanian office market was exceptionally successful in 2017

The Romanian office market in 2017 was exceptionally successful, fuelled mainly by increased expansions and new entries in the IT&C, BPO sectors, as Tal Roma, Business Development Manager AFI Eu...

Globalworth: The number of green accredited buildings continues to grow every year

Romania today is one of the few economies in Europe that had a consistent expansion over the past six years, outpacing EU average growth, Dimitris Raptis, deputy CEO and Chief Investment Officer...

3 Comments

Crosspoint: Currently, there is a relatively small number of green office buildings throughout Romania

2017 has been a good year for the office market all throughout the CEE region: low vacancy rates (Bucharest - nine per cent, Warsaw - 14 per cent, Budapest - 9.2 per cent, Prague - 10.3 per cent...

UniCredit announces updates in the Mobile Banking application

UniCredit Bank launches new facilities in the up-to-date version of its Mobile Banking application to provide customers with a simpler and faster user experience.

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Iulius Mall: 2017 a good year both for office premises delivery and office demand from companies planning to expand

Compared to the other countries in the region, Romania still has some catching up to do in terms of high quality office spaces that measure up to European standards, Laurentiu Manea, Manager Off...

CW Echinox: Green certifications now a standard on the Romanian real estate market

2017 was a well-performing year for Bucharest's office market, with many new occupiers and expansions, and the delivered projects were rapidly absorbed, leading to a significant decrease of the ...

2 Comments

ESOP: We expect that the green building trend further grows

The Romanian market is one of the most dynamic in the region due to the accelerated development in IT&C, BPO, shared services industries, and to the expansion of research & development centres t...

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Daily Info
New Kopel Car to import BYD electric vehicles in Romania
New Kopel Car Import, a SIXT Group Romania company, announced that it became the importer of BYD Electric busses and vehicles in Romania.

CTP appoints Daniel Paraschiv as business development manager for Transylvania region
Industrial parks developer CTP has appointed Daniel Paraschiv as Business Development Manager for Transylvania, starting June. He will oversee the company's growth and strengthening in the Western region of Rom...

Dutch office company Spaces opens first locations in Bucharest
Dutch workspace company Spaces is opening its first two locations in Bucharest at Unirii View Tower and Campus 6. Constructions have already started and they are due by Q3 2018.

World Bank signs new Country Partnership Framework with Romania
The World Bank Group's Board of Executive Directors endorsed a new five-year Country Partnership Framework (CPF) for Romania that will prioritize investments in people, support for vibrant private sector develo...

AFI Europe Romania starts the construction of AFI City residential project
AFI Europe Romania announces the start of the AFI City residential project construction. First phase is to end in 16 months and will deliver two buildings with 190 homes.