*The biggest mall on the stock exchange gained EUR 8 million in a day – in Ziarul Financiar
*How are the millions of euros invested in wind mills recovered? By a 30% increase in the energy bill – in Ziarul Financiar
*Halving of provisions lead to double profit for Raiffeisen in Romania in the third quarter – in Ziarul Financiar
*Head of Rolang Berger Romania, promoted to regional level – in Ziarul Financiar

New Europe Property Investments (NEPI) fund has bought the Floreasca Business Park office complex in Bucharest at a purchase price of EUR 27.6 million, having valued the building at around EUR 100 million. This is the largest deals on the Romanian real estate market this year.

Investment fund Fondul Proprietatea will be listed on the Bucharest Stock Exchange on January 25 next year, according to investment manager Franklin Templeton. The listing prospect will be submitted on December 3 with the National Securities Commission (CNVM). The fund will be promoted locally and internationally between January 10 and 31 next year.

Romania will record an 1.5 percent growth of its Gross Domestic Product (GDP) in 2011, while this year it will shrink by 1.9 percent from 2009, shows the autumn economic forecast issued by the European Commission.

The activity in Romania has helped Raiffeisen International decrease its provisions for South Eastern Europe since the beginning of the year, as a result of the sale of retail customer loans.

Local company BDR Associates Communication Group, affiliated with Hill & Knowlton expects to post a USD 1.8 million turnover this year, close to the average of the last five years.

Local company Oltchim Ramnicu Valcea, listed on the Bucharest Stock Exchange (symbol OLT) posted a turnover of EUR 32 million in October, up 14 percent on the average in the first ten months this year.

Romania could receive an extra EUR 306 million from Norway, as the SEE Grants and Norwegian Grants programs have been extended until 2014. The funds will contribute to Romania's economic and social cohesion development. Money will go to areas like climate change, renewable energy, green industry innovation and in promoting the concept of decent work.

Romania will invest in the technological and informational development of state-owned postal company Posta Romana in the next two years, said Romanian Communications Minister Valerian Vreme.

Romania wants to get EUR 1 billion for its 45.9 percent share package in telecom operator Romtelecom. “As a representative of the state, the Communication Ministry will take into account the market realities and will not sell the share package at any price. We will deal with the issue as any serious business,” said Communication Minister Valerian Vreme.

*The biggest mall on the stock exchange gained EUR 8 million in a day – in Ziarul Financiar
*How are the millions of euros invested in wind mills recovered? By a 30% increase in the energy bill – in Ziarul Financiar
*Halving of provisions lead to double profit for Raiffeisen in Romania in the third quarter – in Ziarul Financiar
*Head of Rolang Berger Romania, promoted to regional level – in Ziarul Financiar

New Europe Property Investments (NEPI) fund has bought the Floreasca Business Park office complex in Bucharest at a purchase price of EUR 27.6 million, having valued the building at around EUR 100 million. This is the largest deals on the Romanian real estate market this year.

Investment fund Fondul Proprietatea will be listed on the Bucharest Stock Exchange on January 25 next year, according to investment manager Franklin Templeton. The listing prospect will be submitted on December 3 with the National Securities Commission (CNVM). The fund will be promoted locally and internationally between January 10 and 31 next year.

Romania will record an 1.5 percent growth of its Gross Domestic Product (GDP) in 2011, while this year it will shrink by 1.9 percent from 2009, shows the autumn economic forecast issued by the European Commission.

The activity in Romania has helped Raiffeisen International decrease its provisions for South Eastern Europe since the beginning of the year, as a result of the sale of retail customer loans.

Local company BDR Associates Communication Group, affiliated with Hill & Knowlton expects to post a USD 1.8 million turnover this year, close to the average of the last five years.

Local company Oltchim Ramnicu Valcea, listed on the Bucharest Stock Exchange (symbol OLT) posted a turnover of EUR 32 million in October, up 14 percent on the average in the first ten months this year.

Romania could receive an extra EUR 306 million from Norway, as the SEE Grants and Norwegian Grants programs have been extended until 2014. The funds will contribute to Romania's economic and social cohesion development. Money will go to areas like climate change, renewable energy, green industry innovation and in promoting the concept of decent work.

Romania will invest in the technological and informational development of state-owned postal company Posta Romana in the next two years, said Romanian Communications Minister Valerian Vreme.

Romania wants to get EUR 1 billion for its 45.9 percent share package in telecom operator Romtelecom. “As a representative of the state, the Communication Ministry will take into account the market realities and will not sell the share package at any price. We will deal with the issue as any serious business,” said Communication Minister Valerian Vreme.