US companies have invested USD 1.2 billion in Romania since 2009 and American companies are still interested in making local investments, according to Mark Gitenstein, the US ambassador to Romania. Procter & Gamble is one of these investors, said Gitenstein, quoted by Romanian media.

*Euro goes up to RON 4.31, tension builds up again – in Ziarul Financiar
*Tuborg shareholders bring 46-year old Israeli to replace Shachar Shaine – in Ziarul Financiar
*Head of P&G is optimistic: he sees economic growth in spring – in Ziarul Financiar
*Number of Austrians who came to Romania in the first nine months grows by 0.6% to 139,000 people – in Ziarul Financiar

Romania ranks 151st out of 183 economies in the most recent PricewaterhouseCoopers and World Bank report Paying Taxes 2011. The country is down four places compared to last year.

Romania’s Senate adopted Tuesday with 45 to 31 votes and eight abstentions a draft law drawn up by ruling democrat liberals, which reduces the flat tax to 10%, from 16%.

The Romanian leu opened Tuesday’s session at 4.3 to the euro, close to Monday's closing levels, when it was trading at 4.297/4.299 to the euro.

Investment in research and development is one of the essential ingredients required to generate economic growth. EU funds are available for R&D activities as well, and Romania-Insider.com looks at the main features of the EU funds for research and development, as well as at several foreign investments in the Romanian R&D sector.

The Romanian car industry posted a turnover of EUR 8.1 billion last year, which was 6 percent of the country's GDP. The auto industry is expected to reach a 10 percent weight of the GDP this year, according to Constantin Stroe, head of the Car Makers Association in Romania.

*400,000 Romanians chose private medical care – in Ziarul Financiar
*Car center in mall: Grand Arena tries to attract visitors. Decathlon comes in December – in Ziarul Financiar
*Ropharma shares on the Bucharest Stock Exchange tomorrow – in Ziarul Financiar
*Firms replace expat managers with Romanians who worked abroad and reduce their salary costs by 20 percent – in Ziarul Financiar

Romania’s car output exceeded 290,000 units in the first ten months of 2010, close to the level registered in 2009, when...

Romania's Government will introduce a financial incentive package to encourage purchases of electric cars through an "ecologic bonus" for consumers and through tax deductions or state aid for producers.

US companies have invested USD 1.2 billion in Romania since 2009 and American companies are still interested in making local investments, according to Mark Gitenstein, the US ambassador to Romania. Procter & Gamble is one of these investors, said Gitenstein, quoted by Romanian media.

*Euro goes up to RON 4.31, tension builds up again – in Ziarul Financiar
*Tuborg shareholders bring 46-year old Israeli to replace Shachar Shaine – in Ziarul Financiar
*Head of P&G is optimistic: he sees economic growth in spring – in Ziarul Financiar
*Number of Austrians who came to Romania in the first nine months grows by 0.6% to 139,000 people – in Ziarul Financiar

Romania ranks 151st out of 183 economies in the most recent PricewaterhouseCoopers and World Bank report Paying Taxes 2011. The country is down four places compared to last year.

Romania’s Senate adopted Tuesday with 45 to 31 votes and eight abstentions a draft law drawn up by ruling democrat liberals, which reduces the flat tax to 10%, from 16%.

The Romanian leu opened Tuesday’s session at 4.3 to the euro, close to Monday's closing levels, when it was trading at 4.297/4.299 to the euro.

Investment in research and development is one of the essential ingredients required to generate economic growth. EU funds are available for R&D activities as well, and Romania-Insider.com looks at the main features of the EU funds for research and development, as well as at several foreign investments in the Romanian R&D sector.

The Romanian car industry posted a turnover of EUR 8.1 billion last year, which was 6 percent of the country's GDP. The auto industry is expected to reach a 10 percent weight of the GDP this year, according to Constantin Stroe, head of the Car Makers Association in Romania.

*400,000 Romanians chose private medical care – in Ziarul Financiar
*Car center in mall: Grand Arena tries to attract visitors. Decathlon comes in December – in Ziarul Financiar
*Ropharma shares on the Bucharest Stock Exchange tomorrow – in Ziarul Financiar
*Firms replace expat managers with Romanians who worked abroad and reduce their salary costs by 20 percent – in Ziarul Financiar

Romania’s car output exceeded 290,000 units in the first ten months of 2010, close to the level registered in 2009, when...

Romania's Government will introduce a financial incentive package to encourage purchases of electric cars through an "ecologic bonus" for consumers and through tax deductions or state aid for producers.