Low cost airline Wizz Air transported 1.6 million passengers on flights to and from Romania in the first nine months of the year, with an airplane load factor of 86 percent, the company has announced. The company's profit margin in Romania is of 4 to 5 percent, said its vice-president John Stephenson. Romania is one of the company's most successful markets, said Stephenson, who thinks the airline industry is coming out of the crisis.

Clothing retailer Sprider Stores has opened a new store in Promenada Mall in Braila, following a EUR 1 million...

*M&A market shows signs of revival – in Ziarul Financiar
*Foreign investments drop and the current account deficit grows – in Ziarul Financiar
*Gazprom president signs South Stream memorandum in Bucharest – in Ziarul Financiar
*RCS &RDS- We went to Italy for the one million Romanians working there – in Ziarul Financiar
*Romanian industry takes a break. Last place on growth in August – in Gandul

Russian natural gas monopoly Gazprom will send a team of experts to Romania to analyze the opportunity of a joint venture with local peer Romgaz, Gazprom’s president Alexei Miller said Wednesday. Miller met with Romanian officials in Bucharest to discuss the possibility of Romania joining the South Stream pipeline project.

Local telecom company RCS & RDS has launched its mobile telephony service Digi Mobil in Italy, catering to the needs of over 1 million Romanians living there. Italy is the second destination country for Romanian workers where RCS &RDS launches its services, after launching Digi Mobil in Spain in 2008.

Banks active in Romania could lose over EUR 500 million if the Government Ordinance (OUG) 50/2010 stays in its current ambiguous form, according to the head of the Romanian Banks Association (ARB), Radu Gratian Ghetea (in picture).

Romania has seen the most significant growth in sentiment about companies’ financial outlook, according to the fourth edition of the Deloitte Business Sentiment Index (DBSI). 63 percent of interviewed executives shared optimism - an almost 48 percent increase since the first survey in September 2009 and more than three times higher than the previous edition, issued in April.

Intersnack has bought the Nutline sunflower seeds, preanuts and dried fruits brand from Alka Group, owned by Amir Krenzia, according to Ziarul Financiar. The deal was estimated at around EUR 10 million, but the two companies have not offered details.

*Intersnack buys Nutline – in Ziarul Financiar
*Merkel demands that debt to German firms be paid – in Ziarul Financiar
*Qatar's national airline starts recruitment campaign in Romania– in Ziarul Financiar
*Dacia has produced a million Logan cars in Mioveni, worth EUR 8 billion – in Ziarul Financiar
*Salaries of employees in the private sector are up by 9 percent – in Gandul
*BCR's unhappy customers: The bank hasn't showed up to reconciliation, we're going to court – in Gandul
*Georgescu sells Gecad ePayment to South African Naspers – in Adevarul

Allegro, a company of the South – Africa-based media group Naspers has taken over 83 percent in local Gecad ePayment from Romania businessman Radu Georgescu (in picture). Naspers is at its second acquisition in Romania, after buying the Autovit.ro website.

Low cost airline Wizz Air transported 1.6 million passengers on flights to and from Romania in the first nine months of the year, with an airplane load factor of 86 percent, the company has announced. The company's profit margin in Romania is of 4 to 5 percent, said its vice-president John Stephenson. Romania is one of the company's most successful markets, said Stephenson, who thinks the airline industry is coming out of the crisis.

Clothing retailer Sprider Stores has opened a new store in Promenada Mall in Braila, following a EUR 1 million...

*M&A market shows signs of revival – in Ziarul Financiar
*Foreign investments drop and the current account deficit grows – in Ziarul Financiar
*Gazprom president signs South Stream memorandum in Bucharest – in Ziarul Financiar
*RCS &RDS- We went to Italy for the one million Romanians working there – in Ziarul Financiar
*Romanian industry takes a break. Last place on growth in August – in Gandul

Russian natural gas monopoly Gazprom will send a team of experts to Romania to analyze the opportunity of a joint venture with local peer Romgaz, Gazprom’s president Alexei Miller said Wednesday. Miller met with Romanian officials in Bucharest to discuss the possibility of Romania joining the South Stream pipeline project.

Local telecom company RCS & RDS has launched its mobile telephony service Digi Mobil in Italy, catering to the needs of over 1 million Romanians living there. Italy is the second destination country for Romanian workers where RCS &RDS launches its services, after launching Digi Mobil in Spain in 2008.

Banks active in Romania could lose over EUR 500 million if the Government Ordinance (OUG) 50/2010 stays in its current ambiguous form, according to the head of the Romanian Banks Association (ARB), Radu Gratian Ghetea (in picture).

Romania has seen the most significant growth in sentiment about companies’ financial outlook, according to the fourth edition of the Deloitte Business Sentiment Index (DBSI). 63 percent of interviewed executives shared optimism - an almost 48 percent increase since the first survey in September 2009 and more than three times higher than the previous edition, issued in April.

Intersnack has bought the Nutline sunflower seeds, preanuts and dried fruits brand from Alka Group, owned by Amir Krenzia, according to Ziarul Financiar. The deal was estimated at around EUR 10 million, but the two companies have not offered details.

*Intersnack buys Nutline – in Ziarul Financiar
*Merkel demands that debt to German firms be paid – in Ziarul Financiar
*Qatar's national airline starts recruitment campaign in Romania– in Ziarul Financiar
*Dacia has produced a million Logan cars in Mioveni, worth EUR 8 billion – in Ziarul Financiar
*Salaries of employees in the private sector are up by 9 percent – in Gandul
*BCR's unhappy customers: The bank hasn't showed up to reconciliation, we're going to court – in Gandul
*Georgescu sells Gecad ePayment to South African Naspers – in Adevarul

Allegro, a company of the South – Africa-based media group Naspers has taken over 83 percent in local Gecad ePayment from Romania businessman Radu Georgescu (in picture). Naspers is at its second acquisition in Romania, after buying the Autovit.ro website.