French retailer Carrefour will open two new hypermarkets in 2011, one in Bucharest, within the Colosseum shopping center in North West of the city and one in Botosani. For this year, three more supermarket openings are expected for Carrefour.

Romanian employers will file a single declaration for the income tax and for the social security contributions (CAS) of their employees from 2011, prime minister Emil Boc said on Wednesday. This will replace the existing five declarations.

*Ten ministers have EUR 4 billion for investments in 2011. What will they spend it on? - in Ziarul Financiar
*New Vodafone executive director: we will invest EUR 500 million in the next five years - in Ziarul Financiar
*Volksbank, the sixth bank on the local market, is up for sale. Will buyers step in? - in Ziarul Financiar
*Google launches Street View in eight Romanian cities - in Ziarul Financiar

The revenues on the telecom segment in Romania continued to drop this year, but to a lower extent than in 2009, according to Catalin Marinescu, president of the National Authority for Management and Regulation in Communications (ANCOM). Last year, the market reached EUR 3.9 billion, down 15 percent on 2008.

Romania's industrial output went up by 10.5 percent in the first ten months of the year compared to the same period of last year, according to data from the Statistics Institute. The mining sector went down by 7.1 percent, while capital goods went up 17.1 percent.

Private healthcare operator Medas has opened a new medical clinic on 2,500 sqm within Unirea Shopping Center in Bucharest, following an investment of EUR 4 million. This is the forth clinic in the Medas network and includes 23 medical rooms.

Romania's excises on fuels and tobacco will be raised as of January 1, 2011, which could lead to new increases in the price of such products, according to a draft emergency ordinance amending the Fiscal Code.

Real estate developer Copper Beech Capital, which has built the Blue Tower residential project in Bucharest, has been declared bankrupt after the court rejected its reorganization plan. The 16-storey block of flats in Colentina area of Bucharest should have been finalized in September last year and was expected to have 156 apartments.

A 10 percent drop in software piracy for Romania could lead to the creation of 3,700 new jobs and to additional revenues of USD 498 million for the local IT industry in the next four years, according to a recent study issued by International Data Corporation (IDC).

The court has blocked the shares owned by Romanian businessman Dan Adamescu in Astra Asigurari and Unirea Shopping Center in a forced execution case, according to reports sent by the two companies to the Bucharest Stock Exchange, where their shares are listed.

French retailer Carrefour will open two new hypermarkets in 2011, one in Bucharest, within the Colosseum shopping center in North West of the city and one in Botosani. For this year, three more supermarket openings are expected for Carrefour.

Romanian employers will file a single declaration for the income tax and for the social security contributions (CAS) of their employees from 2011, prime minister Emil Boc said on Wednesday. This will replace the existing five declarations.

*Ten ministers have EUR 4 billion for investments in 2011. What will they spend it on? - in Ziarul Financiar
*New Vodafone executive director: we will invest EUR 500 million in the next five years - in Ziarul Financiar
*Volksbank, the sixth bank on the local market, is up for sale. Will buyers step in? - in Ziarul Financiar
*Google launches Street View in eight Romanian cities - in Ziarul Financiar

The revenues on the telecom segment in Romania continued to drop this year, but to a lower extent than in 2009, according to Catalin Marinescu, president of the National Authority for Management and Regulation in Communications (ANCOM). Last year, the market reached EUR 3.9 billion, down 15 percent on 2008.

Romania's industrial output went up by 10.5 percent in the first ten months of the year compared to the same period of last year, according to data from the Statistics Institute. The mining sector went down by 7.1 percent, while capital goods went up 17.1 percent.

Private healthcare operator Medas has opened a new medical clinic on 2,500 sqm within Unirea Shopping Center in Bucharest, following an investment of EUR 4 million. This is the forth clinic in the Medas network and includes 23 medical rooms.

Romania's excises on fuels and tobacco will be raised as of January 1, 2011, which could lead to new increases in the price of such products, according to a draft emergency ordinance amending the Fiscal Code.

Real estate developer Copper Beech Capital, which has built the Blue Tower residential project in Bucharest, has been declared bankrupt after the court rejected its reorganization plan. The 16-storey block of flats in Colentina area of Bucharest should have been finalized in September last year and was expected to have 156 apartments.

A 10 percent drop in software piracy for Romania could lead to the creation of 3,700 new jobs and to additional revenues of USD 498 million for the local IT industry in the next four years, according to a recent study issued by International Data Corporation (IDC).

The court has blocked the shares owned by Romanian businessman Dan Adamescu in Astra Asigurari and Unirea Shopping Center in a forced execution case, according to reports sent by the two companies to the Bucharest Stock Exchange, where their shares are listed.