The Diplomat-Bucharest

The Diplomat-Bucharest English language media platform and b2b events organizer, active in Romania since 2004

Our reporting team speaks to key figures in business, economics, political parties, non-Governmental organisations and the people their decisions affect. Accuracy, clear information and objectivity are the core principles of the magazine, while the editorial policy remains free from political influence and shadowy interests.

The Ministry of Finance has launched a public consultation on a draft scheme for state aid totaling 5.3 billion lei (app...
30/04/2026

The Ministry of Finance has launched a public consultation on a draft scheme for state aid totaling 5.3 billion lei (approximately €1.05 billion). The initiative aims to strengthen the manufacturing sector by financing investments in economic sectors that currently rely heavily on imports.

“This new program, worth over €1 billion, marks the transition from an import-driven consumption economy to one that generates added value domestically, here in Romania.
It is not just a financial support measure, but a key driver of real support for Romanian industry, essential for protecting our economic stability. We are making strategic investments in areas where the trade deficit makes us vulnerable, giving entrepreneurs the resources to turn ideas into high-performance production units.
The objective is to reduce dependence on external markets and strengthen Romanian capital in an extremely competitive European market,” said Finance Minister Alexandru Nazare.

https://www.thediplomat.ro/2026/04/30/ministry-of-finance-allocates-over-5-3-billion-lei-for-investment-in-production-capacities-in-romania/

Otokar, Türkiye’s leading exporter of land systems and a strategic supplier to NATO and the United Nations, has announce...
30/04/2026

Otokar, Türkiye’s leading exporter of land systems and a strategic supplier to NATO and the United Nations, has announced the signing of an agreement to acquire Automecanica S.A. and its production facility in Mediaș, Romania.

The completion of the transaction is subject to obtaining local regulatory approvals. Through this investment, Otokar takes a significant step in its European industrial strategy and reaffirms its long-term commitment to developing a national defense manufacturing capability in Romania, in line with its obligations under the COBRA II ATBTU Program.

https://www.thediplomat.ro/2026/04/30/otokar-signs-agreement-to-acquire-automecanica-and-launch-production-in-medias/

AnimaWings, a 100% Romanian full-service airline, has announced the signing of a strategic agreement for the local aviat...
30/04/2026

AnimaWings, a 100% Romanian full-service airline, has announced the signing of a strategic agreement for the local aviation industry. BT Asset Management SAI, part of the Banca Transilvania Financial Group, Winners Holding Investments, and EVERGENT Investments are joining as institutional investors.

The new investors create the potential for accelerated growth of the company, with a future combined stake of 50%. AnimaWings aims to establish itself as a regional aviation player.

https://www.thediplomat.ro/2026/04/30/animawings-attracts-three-institutional-investors-to-become-a-regional-player-in-the-aviation-industry/

OMV Petrom announced its financial results for the first quarter of 2026. The company recorded a net profit of 1 billion...
30/04/2026

OMV Petrom announced its financial results for the first quarter of 2026. The company recorded a net profit of 1 billion RON, down 4 percent in Q1, according to a company report.

Christina Verchere, CEO OMV Petrom: “In an exceptionally volatile first quarter, our assets delivered strong performance, with the refinery and power plant running at high levels. Their reliable output made a direct contribution to Romania’s security of supply and energy system stability during a turbulent period. This highlights, once again, the critical role of domestic production – both in upstream and downstream – in ensuring energy resilience.
Looking ahead, we will continue to advance our conventional energy and low and zero carbon projects, further strengthening the resilience of our asset portfolio, while creating long-term value and securing energy for today and tomorrow.”

https://www.thediplomat.ro/2026/04/30/omv-petrom-recorded-net-profit-of-1-billion-ron-down-4-percent-in-q1/

BCR announced its financial performance for Q1 2026, recording a net profit of RON 602 million (EUR 118 million). The re...
30/04/2026

BCR announced its financial performance for Q1 2026, recording a net profit of RON 602 million (EUR 118 million). The result was supported by continued growth in customer business volumes across key segments, despite a challenging market environment.

Operating result reached RON 1,044 million (EUR 205 million) in Q1 2026, marginally below the level of Q1 2025. This evolution reflects operating expenses increasing at a faster pace than operating income, driven by ongoing strategic investments and inflationary pressures.

https://www.thediplomat.ro/2026/04/30/bcr-group-recorded-a-net-profit-of-118-million-euros-in-q1/

Eurowind Energy, a Danish developer and operator of renewable projects, announces the official opening of the Pecineaga ...
29/04/2026

Eurowind Energy, a Danish developer and operator of renewable projects, announces the official opening of the Pecineaga Wind Farm, a strategic investment of approximately 90 million euros. With an installed capacity of 48 MW, the farm adds green energy to the national grid and marks a new important step in Romania’s energy transition. The project is part of the company’s sustained investment plan in Romania, of approximately 300 million euros annually, until 2030.

https://www.thediplomat.ro/2026/04/29/eurowind-energy-romania-inaugurates-the-pecineaga-wind-farm-90-million-euro-investment-and-48-mw-of-green-energy/

“Capital wants to access those companies which can deliver better than the relative base, better returns. So, the bigger...
29/04/2026

“Capital wants to access those companies which can deliver better than the relative base, better returns. So, the bigger you are, the more access you have to investors, to debt markets, and that drives your cost of capital down. It is like a snowball effect,” Marek Noetzel, CEO of NEPI Rockcastle, said today during a press meeting.

“If you do not grow, somebody will outgrow you, and they will occupy available capital to their benefit, not to yours. So, our mission is to continuously grow, but with little risk,” he said.

“We like to take long-term little risk. It always pays off. If you take low risk over the longer term, none of the strategy ever failed,” Noetzel added.

https://www.thediplomat.ro/2026/04/29/marek-noetzel-nepi-rockcastle-we-focus-on-a-low-risk-growth-strategy-and-expanding-energy-investments/

“Romania, beyond many things that function less well, has nevertheless shown in recent years that, in the field of circu...
29/04/2026

“Romania, beyond many things that function less well, has nevertheless shown in recent years that, in the field of circularity, we can also be an example of good practices,” said Mircea Fechet, Deputy, Parliament of Romania during the Circular Economy Conference organized by The Diplomat-Bucharest.

“As regards those fine mechanisms related to parliamentary procedure, they must always exist. It now depends on how we interpret the subtlety with which each side seeks to impose its point of view,” he said.

“I strongly believe in dialogue, and I believe the last thing a legislative amendment should generate would be a situation in which the business environment suffers. On the contrary, the result we pursue every time is intended to be a positive one, while understanding at the same time that whenever a legislative amendment occurs, whether at European or national level, there is an adjustment effort, there are technological flows that must constantly be modified and adapted, and there are costs associated with all these things,” Fechet added.

https://www.thediplomat.ro/2026/04/29/mircea-fechet-romania-can-be-a-model-for-circular-economy-progress-but-implementation-remains-the-key-challenge/

“It has never been easy in public administration to ensure, first of all, that the legislation you draft is as clear as ...
29/04/2026

“It has never been easy in public administration to ensure, first of all, that the legislation you draft is as clear as possible, that it is as predictable as possible, and that changes do not appear overnight,” said Mihaela Frăsineanu, State Counselor, Chancellery of the Prime Minister during the Circular Economy Conference organized by The Diplomat-Bucharest. “What is simple, however, is to talk to people. And I believe that is the most important step that needs to be taken, after first thoroughly reading the European regulations.”

“I think it is very good that we are moving from directives to regulations. Because this means a uniform application of waste management rules, regardless of the waste stream we are talking about, across the territory of the European Union,” she said.

“And this is what we all want, because we do not want another country to which we export waste, or from which we import waste for recycling, to have different legislation or different rules. Nor do we want these rules to become an obstacle to economic activity,” she added.

https://www.thediplomat.ro/2026/04/29/state-counselor-mihaela-frasineanu-clear-legislation-digitalization-and-dialogue-are-key-to-improving-waste-management-in-romania/

🏆 𝐍𝐨𝐦𝐢𝐧𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐫𝐞 𝐨𝐩𝐞𝐧 𝐟𝐨𝐫 𝐭𝐡𝐢𝐬 𝐲𝐞𝐚𝐫'𝐬 𝐄𝐍𝐄𝐑𝐆𝐘 𝐂𝐄𝐎 𝐅𝐎𝐑𝐔𝐌 & 𝐀𝐖𝐀𝐑𝐃𝐒, 2026 - 𝐓𝐡𝐞 15𝐭𝐡 𝐄𝐝𝐢𝐭𝐢𝐨𝐧. ✅ Save the Date: May 28, 2026...
29/04/2026

🏆 𝐍𝐨𝐦𝐢𝐧𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐫𝐞 𝐨𝐩𝐞𝐧 𝐟𝐨𝐫 𝐭𝐡𝐢𝐬 𝐲𝐞𝐚𝐫'𝐬 𝐄𝐍𝐄𝐑𝐆𝐘 𝐂𝐄𝐎 𝐅𝐎𝐑𝐔𝐌 & 𝐀𝐖𝐀𝐑𝐃𝐒, 2026 - 𝐓𝐡𝐞 15𝐭𝐡 𝐄𝐝𝐢𝐭𝐢𝐨𝐧.
✅ Save the Date: May 28, 2026
📌 Venue: InterContinental Athénée Palace Bucharest, Le Diplomate Hall

👉 𝐒𝐮𝐛𝐦𝐢𝐭 𝐘𝐨𝐮𝐫 𝐍𝐨𝐦𝐢𝐧𝐚𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐓𝐡𝐞 𝐁𝐞𝐬𝐭 𝐂𝐨𝐦𝐩𝐚𝐧𝐲, 𝐏𝐫𝐨𝐣𝐞𝐜𝐭 𝐚𝐧𝐝 𝐌𝐚𝐧𝐚𝐠𝐞𝐫 𝐨𝐧 𝐭𝐡𝐞 𝐨𝐧𝐥𝐢𝐧𝐞 𝐩𝐥𝐚𝐭𝐟𝐨𝐫𝐦: https://confxvote.thediplomat.ro/ #/submit/OR58G8

🎓 We thank all the members of The Jury Board:
Dan Virgil Pascu, Vice-President, Consiliul Concurenței
Pavel Casian Nitulescu, State Secretary, Ministerul Energiei - Româniai
Alexandru-Valeriu Binig, Chairman of the Board of Administration,
Eximprod GRUP Engineering
Radu Dudau, Director Policy Group
Silvia Vlasceanu, Executive Director HENRO - Asociatia Producatorilor de Energie Electrica
Cristina Dumitru, Consultant GreenTech & Tax and Legal, AHK Romania
Daniel Apostol-Birzu, General Director, The Energy Employers' Federation FPE - Federația Patronală a Energiei

🎙️ We welcome Daniela Micusan, CEO, TP Romania in the CEO Leaders Forum of the upcoming 𝐑𝐎𝐌𝐀𝐍𝐈𝐀𝐍 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 𝐒𝐄𝐑𝐕𝐈𝐂𝐄𝐒 𝐅𝐎𝐑𝐔𝐌...
29/04/2026

🎙️ We welcome Daniela Micusan, CEO, TP Romania in the CEO Leaders Forum of the upcoming 𝐑𝐎𝐌𝐀𝐍𝐈𝐀𝐍 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 𝐒𝐄𝐑𝐕𝐈𝐂𝐄𝐒 𝐅𝐎𝐑𝐔𝐌 & 𝐀𝐖𝐀𝐑𝐃𝐒 2026.

T𝐡𝐢𝐬 𝐲𝐞𝐚𝐫, 𝐎𝐔𝐓𝐒𝐎𝐔𝐑𝐂𝐈𝐍𝐆 𝐓𝐎𝐃𝐀𝐘 & 𝐓𝐇𝐄 𝐃𝐈𝐏𝐋𝐎𝐌𝐀𝐓-𝐁𝐔𝐂𝐇𝐀𝐑𝐄𝐒𝐓 𝐨𝐫𝐠𝐚𝐧𝐢𝐳𝐞 𝐭𝐡𝐞 12𝐭𝐡 𝐄𝐝𝐢𝐭𝐢𝐨𝐧 𝐨𝐟 𝐓𝐇𝐄 𝐑𝐎𝐌𝐀𝐍𝐈𝐀𝐍 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 𝐒𝐄𝐑𝐕𝐈𝐂𝐄𝐒 𝐅𝐎𝐑𝐔𝐌 & 𝐀𝐖𝐀𝐑𝐃𝐒 𝐨𝐧 𝐌𝐚𝐲 21, 𝐚𝐭 𝐈𝐧𝐭𝐞𝐫𝐂𝐨𝐧𝐭𝐢𝐧𝐞𝐧𝐭𝐚𝐥 𝐀𝐭𝐡é𝐧é𝐞 𝐏𝐚𝐥𝐚𝐜𝐞 𝐁𝐮𝐜𝐡𝐚𝐫𝐞𝐬𝐭, 𝐋𝐞 𝐃𝐢𝐩𝐥𝐨𝐦𝐚𝐭𝐞 𝐜𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐡𝐚𝐥𝐥.

Book your Seat at: https://business-services-forum-awards.thediplomat.ro/

🧭 𝐒𝐚𝐯𝐞 𝐭𝐡𝐞 𝐃𝐚𝐭𝐞: 𝐌𝐀𝐘 21, 2026
📌 𝐕𝐞𝐧𝐮𝐞: 𝐈𝐧𝐭𝐞𝐫𝐂𝐨𝐧𝐭𝐢𝐧𝐞𝐧𝐭𝐚𝐥 𝐀𝐭𝐡é𝐧é𝐞 𝐏𝐚𝐥𝐚𝐜𝐞 𝐁𝐮𝐜𝐡𝐚𝐫𝐞𝐬𝐭, 𝐋𝐞 𝐃𝐢𝐩𝐥𝐨𝐦𝐚𝐭𝐞
____________________________

The event is supported by:

🔷𝐆𝐎𝐋𝐃 𝐏𝐀𝐑𝐓𝐍𝐄𝐑𝐒: Vastint Romania, TP, Wipro, EVO Properties, Accenture, Concentrix, Michelin
🔷𝐏𝐀𝐑𝐓𝐍𝐄𝐑𝐒: BMF GRUP, VOIS Vodafone Intelligent Solutions
🔷𝐒𝐔𝐏𝐏𝐎𝐑𝐓𝐈𝐍𝐆 𝐏𝐀𝐑𝐓𝐍𝐄𝐑𝐒: British Romanian Chamber of Commerce (BRCC), ANIS Romania; HENRO - Asociatia Producatorilor de Energie Electrica , Cluj IT Cluster, Lovering & Partners - Sales, Business & People Performance Consultants, Confederatia Patronala Concordia, ROFMA - Asociația Română de Workplace și Facility Management
🔷𝐌𝐄𝐃𝐈𝐀 𝐏𝐀𝐑𝐓𝐍𝐄𝐑𝐒: Automotive-Today.ro, Sustainability-Today, Financial Intelligence, Revista Economistul, Romania Durabilă, Club Economic, Ziarul Bursa

Address

20 Brailita Strada , Sector 3
Bucharest
031457

Website

Alerts

Be the first to know and let us send you an email when The Diplomat-Bucharest posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to The Diplomat-Bucharest:

Shortcuts

Share

Category