The Diplomat Bucharest
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The Diplomat Bucharest aims to bring a fair and balanced analysis and comprehensive coverage of the political and business scene in Romania.
The Diplomat Bucharest
3h ago
Orange announces the appointment of Carl Al Khawand as Chief Financial Officer (CFO) of the Orange Romania Group, starting July 1, 2024. He will take over the responsibilities of Adela Guédon, who will continue her career within the Orange Group from the position of CFO of the cyber security division – Orange Cyberdefence.
With over 10 years of experience within the Orange Group, Carl Al Khawand is currently Financial Director for the North East region of Orange France, overseeing financial planning and analysis for several operational units, including Orange stores, call center departments, r ..read more
The Diplomat Bucharest
3h ago
NN Asigurari de Viata covered medical expenses and paid claims to health insurance customers totaling approximately 40 million euro from 2016 to date.
In addition to concerns about accessing the needed medical services, an accident or a health problem can also lead to financial worries on account of the unforeseen costs that many families in Romania cannot always cover without difficulties.
Romania remains one of the European countries with a significant protection deficit, with an average family needing 132,000 RON more than its available financial resources to cover expenses in an unexpected ..read more
The Diplomat Bucharest
3h ago
Schneider Electric Romania strengthens its management team by appointing Marius Tudor as Sales Director of the System Integrators, OEM & Industrial End Customers department. He has over 16 years of experience in sales and project management.
“We are happy to have Marius Tudor with us as Sales Director. His wealth of experience and passion for the industry will significantly contribute to strengthening our market position and achieving our strategic goals. We are confident that under Marius’ leadership, our team will continue to perform, especially in such important segments and to which we ..read more
The Diplomat Bucharest
10h ago
Garanti BBVA is launching the GIA chatbot, designed to enhance customer experience and simplify support services. The GIA virtual assistant is available on all devices (smartphone, tablet, or desktop) and can respond to customer inquiries in two languages, Romanian and English, providing answers to frequently asked questions and assistance for complex needs.
“We are committed to continuously adapting to the needs and expectations of our customers, and the introduction of this next-generation chatbot is a crucial step in that direction. We place special emphasis on improving digital options and ..read more
The Diplomat Bucharest
10h ago
“Buildings are responsible for 40% of energy consumption in the European Union. Renovating existing buildings can lead to significant energy savings and lower CO2 emissions. Through România Eficientă program we want to increase the quality of life, educate future generations and demonstrate that energy can be consumed responsibly. The new face of the Zig-Zag kindergarten is a proof that România Eficientă can make a difference and we continue to support it, working closely with our partners and local authorities”, said Christina Verchere, OMV Petrom CEO.
OMV Petrom and Energy Policy Group (EPG ..read more
The Diplomat Bucharest
10h ago
Virgil Ichim, CEO of Allianz-Țiriac Private Pensions, is stepping down from his role effective April 30, 2024. He has been leading the pension fund’s operations since 2019, and prior to that, he held various leadership roles overseeing teams and strategic initiatives within Allianz-Țiriac Insurance for over 20 years.
Allianz-Țiriac Private Pensions has grown to nearly 1.7 million participants and 28.3 billion lei in net assets (as of the end of March 2024), more than two and a half times the level of five years ago, with an annualized return of 7.13% over the past 5 years.
“After 5 years at th ..read more
The Diplomat Bucharest
4d ago
Distributie Energie Electrică Romania (DEER), the largest national distributor of electricity, organizes, between April 22-26, the educational project “Different School with Little Energetician”, a project that is part of the educational campaign of DEER “Little Energetician”, launched in 2023, on the occasion of International Children’s Day.
Between April 22-26, over 3000 students from primary education classes, from the 18 counties where DEER operates, but not exclusively, participate in interactive presentations about energy. During the meetings, which take place at the DEER premises, or i ..read more
The Diplomat Bucharest
4d ago
STRABAG SE, the publicly listed European technology group for construction services, was faced with largely declining markets in 2023.
Thanks to its ability to cover the entire construction value chain and due to its broad geographical presence, however, STRABAG can look back on a strong performance in 2023. The output volume of the Group increased by 8% to € 19.1 billion, the order backlog remained more or less stable at a very high level of € 23.5 billion. The net income after minorities increased by 33% to € 631million, the highest figure in the history of STRABAG SE.
On the Romanian marke ..read more
The Diplomat Bucharest
4d ago
Armand Domuța, CEO & Founder Restart Energy: “In the current climate, energy costs can make the difference between a profitable industrial business and one that is barely moving forward”
The panels installed in the city of Constanța cover a total area of 6,480 sqm;
The photovoltaic plant, with a total power of 807 kWp, produces 888 MWh annually;
The project equates to a reduction in energy costs of € 171,000 per year;
CO2 emissions will be reduced by 293 tonnes per year and radioactive waste by 2.66 kg per year;
Restart Energy has so far completed more than 120 PV projects, which have the ..read more
The Diplomat Bucharest
4d ago
Societatea Națională Nuclearelectrica S.A. (SNN) recently visited Doosan Enerbility’s Changwon headquarters as part of the delegation led by Romanian President Klaus Iohannis. The scope of the visit was to assess Doosan’s advanced SMR production capabilities.
The visit envisaged the development of bilateral cooperation and technological exchange relations between Romania and its strategic partners. During this visit, tours of forging and nuclear workshops were carried out, and vital installations for SMR production were reviewed.
Cosmin Ghita, CEO of SN Nuclearelectrica, highlighted: “The Ro ..read more