Romania and Bulgaria are interested in developing hydroelectric power stations on the Danube river in partnership, according to a release issued by the Ministry of Economy.

Officials in the Romanian and Bulgarian Economy Ministries decided to take a common position as regards the construction of Nabucco gas pipeline, which is a priority project for both countries. Representatives of both ministries met on September 2-3 in the capital city Bucharest to analyze the evolution of the Nabucco project, Romania's Economy Ministry said in a statement on Monday.

Romanian investment fund Fondul Proprietatea will pay out a gross dividend of 0.816 lei a share for the 2008 and 2009 profits, according to a shareholders’ decision on Monday. The fund will start paying the dividends, which sum up around EUR 260 million, as of October 11.

Romania needs to pay loans by getting new loans – in Ziarul Financiar, Murfatlar opens several hundreds of its own wine cellars – in Ziarul Financiar, Tiriac puts apartments in Stejarii residential project up for rent – in Ziarul Financiar, Colliers: The number of empty apartments in residential compounds, up 50% – in Ziarul Financiar, Blue Air had EUR 79 million debt in 2009, half of its turnover – in Ziarul Financiar, Fondul Proprietatea stock exchange listing approved – in Gandul

Fondul Proprietatea could be listed on the London Stock Exchange by the end of next year, according to Mark Mobius, president of Franklin Templeton, the company which manages the Proprietatea Fund.

Bonuses paid by employers in Romania to their employees for Christmas, Easter or International Women’s Day (March 8), which exceed 150 lei will be counted for the purposes of social security contributions, according to a draft Government Ordinance.

Investment management firm Franklin Templeton has officially taken over the management of Proprietatea fund, after the fund's shareholders vote earlier today, according to Ziarul Financiar.

Romania may receive a EUR 360 million tranche from the World Bank by the end of October, the bank’s country manager, Francois Rantrua (in picture) said, quoted by Bloomberg.

The Bershka store in Unirea Shopping Center will open today following an investment of EUR 3.5 million. The store, which covers more than 1,100 sqm on two floors, is located in an area which used to host more 20 smaller stores. These tenants have been moved to other areas in Unirea Shopping Center.

Romania is looking at extending its financing agreement with the International Monetary Fund and will discuss the future agreement at the October review mission. Romanian president Traian Basescu mentioned the future deal with the IMF at a meeting with Jeffrey Franks, the head of the IMF mission in Romania.

Romania and Bulgaria are interested in developing hydroelectric power stations on the Danube river in partnership, according to a release issued by the Ministry of Economy.

Officials in the Romanian and Bulgarian Economy Ministries decided to take a common position as regards the construction of Nabucco gas pipeline, which is a priority project for both countries. Representatives of both ministries met on September 2-3 in the capital city Bucharest to analyze the evolution of the Nabucco project, Romania's Economy Ministry said in a statement on Monday.

Romanian investment fund Fondul Proprietatea will pay out a gross dividend of 0.816 lei a share for the 2008 and 2009 profits, according to a shareholders’ decision on Monday. The fund will start paying the dividends, which sum up around EUR 260 million, as of October 11.

Romania needs to pay loans by getting new loans – in Ziarul Financiar, Murfatlar opens several hundreds of its own wine cellars – in Ziarul Financiar, Tiriac puts apartments in Stejarii residential project up for rent – in Ziarul Financiar, Colliers: The number of empty apartments in residential compounds, up 50% – in Ziarul Financiar, Blue Air had EUR 79 million debt in 2009, half of its turnover – in Ziarul Financiar, Fondul Proprietatea stock exchange listing approved – in Gandul

Fondul Proprietatea could be listed on the London Stock Exchange by the end of next year, according to Mark Mobius, president of Franklin Templeton, the company which manages the Proprietatea Fund.

Bonuses paid by employers in Romania to their employees for Christmas, Easter or International Women’s Day (March 8), which exceed 150 lei will be counted for the purposes of social security contributions, according to a draft Government Ordinance.

Investment management firm Franklin Templeton has officially taken over the management of Proprietatea fund, after the fund's shareholders vote earlier today, according to Ziarul Financiar.

Romania may receive a EUR 360 million tranche from the World Bank by the end of October, the bank’s country manager, Francois Rantrua (in picture) said, quoted by Bloomberg.

The Bershka store in Unirea Shopping Center will open today following an investment of EUR 3.5 million. The store, which covers more than 1,100 sqm on two floors, is located in an area which used to host more 20 smaller stores. These tenants have been moved to other areas in Unirea Shopping Center.

Romania is looking at extending its financing agreement with the International Monetary Fund and will discuss the future agreement at the October review mission. Romanian president Traian Basescu mentioned the future deal with the IMF at a meeting with Jeffrey Franks, the head of the IMF mission in Romania.