The Romanian car market is expected to grow this year on last year mostly due to the Clunkers program, as well as due to the car pollution tax, which is more favorable for purchasing new cars, according to Fabrice Cambolive (in picture), commercial director of Automobile Dacia car maker.

Romania will sign new, precautionary financing agreements with both the International Monetary Fund and the European Commission, Finance Minister Gheorghe Ialomitianu (in picture) told a news conference Monday.

The Green City residential project, which has asked for the judiciary reorganization procedures, will be finalized in the last quarter of the year, the developers have announced. The reorganization procedure doesn't affect the already built houses and is only meant to protect buyers in the project, according to the Green City Construct, the developer of the project.

The value of books sold in Romania was down 15 percent last year, to EUR 60 million, according to an estimation by Romanian bookstore chain Diverta. The value doesn't include books sold in kiosks, which would take the number up to EUR 112 million, according to Diverta.

Dacia car sales grew by 12 percent to 349,000 units in 2010 on a worldwide level, according to the company. The car maker sold 154.600 Sandero cars, 127.200 Dacia Logan cars and 67.000 Dacia Duster units.

Romania’s trade deficit narrowed to EUR 8.64 billion in the first eleven months, from EUR 8.96 billion in the same period a year earlier, the National Statistics Institute said Monday. Exports rose 27.2 percent on the year to EUR 34 billion, while imports were up 19.5 percent to EUR 42.6 billion.

The Romanian Central Bank (BNR) will publish on a daily basis the government securities reference rates (fixing) from January 10, 2011.

Fondul Proprietatea (FP), managed by Franklin Templeton, has asked for a shareholders meeting in gas company Romgaz in order to revoke the gas company's managers for having approved the EUR 94 million donation to the Romanian state.

German IT security company company Astaro has taken over Cluj – based firm Cososys, which specializes in software to prevent electronic data theft.

The Executive Board of the International Monetary Fund (IMF) has completed the sixth review of Romania’s economic performance and has approved the EUR 904 million loan tranche for the country. This brings the total disbursements under the program to EUR 12.44 billion so far.

The Romanian car market is expected to grow this year on last year mostly due to the Clunkers program, as well as due to the car pollution tax, which is more favorable for purchasing new cars, according to Fabrice Cambolive (in picture), commercial director of Automobile Dacia car maker.

Romania will sign new, precautionary financing agreements with both the International Monetary Fund and the European Commission, Finance Minister Gheorghe Ialomitianu (in picture) told a news conference Monday.

The Green City residential project, which has asked for the judiciary reorganization procedures, will be finalized in the last quarter of the year, the developers have announced. The reorganization procedure doesn't affect the already built houses and is only meant to protect buyers in the project, according to the Green City Construct, the developer of the project.

The value of books sold in Romania was down 15 percent last year, to EUR 60 million, according to an estimation by Romanian bookstore chain Diverta. The value doesn't include books sold in kiosks, which would take the number up to EUR 112 million, according to Diverta.

Dacia car sales grew by 12 percent to 349,000 units in 2010 on a worldwide level, according to the company. The car maker sold 154.600 Sandero cars, 127.200 Dacia Logan cars and 67.000 Dacia Duster units.

Romania’s trade deficit narrowed to EUR 8.64 billion in the first eleven months, from EUR 8.96 billion in the same period a year earlier, the National Statistics Institute said Monday. Exports rose 27.2 percent on the year to EUR 34 billion, while imports were up 19.5 percent to EUR 42.6 billion.

The Romanian Central Bank (BNR) will publish on a daily basis the government securities reference rates (fixing) from January 10, 2011.

Fondul Proprietatea (FP), managed by Franklin Templeton, has asked for a shareholders meeting in gas company Romgaz in order to revoke the gas company's managers for having approved the EUR 94 million donation to the Romanian state.

German IT security company company Astaro has taken over Cluj – based firm Cososys, which specializes in software to prevent electronic data theft.

The Executive Board of the International Monetary Fund (IMF) has completed the sixth review of Romania’s economic performance and has approved the EUR 904 million loan tranche for the country. This brings the total disbursements under the program to EUR 12.44 billion so far.