Online retailer eMAG has opened a 300 sqm showroom in Constanta, the biggest in its chain outside Bucharest so far and expects the showroom to bring revenues of EUR 1 million this year and EUR 3.5 million next year, according to Iulian Stanciu, director of eMAG.ro. This is the company's second largest showroom, after the one in Bucharest.

RBS Romania will move its headquarters to a 8,700 sqm space in Lake View office building on Barbu Vacarescu boulevard at the beginning of November. The bank will occupy the ground floor of the building, where it will have a branch, as well as the first three floors of the office building, according to its representatives

*ButanGas invests EUR 44 million in wind projects – in Ziarul Financiar
*Hidroelectrica has a EUR 3 billion investment plan for 5-7 years – in Ziarul Financiar
*Owner of Zara brings construction company to Romania – in Ziarul Financiar
*Mobius about energy giants: If they do not generate added value, we're not interested in them – in Ziarul Financiar
*Romanian Brewers: Crisis and rain trigger 10% beer sales drop in H1 – in Ziarul Financiar

The Swiss franc – Romanian leu exchange rate reached a peak of RON 3.35 per franc on Wednesday, after the Swiss currency has continuously appreciated throughout the year. The Romanian currency depreciated by 18 percent against the Swiss franc compared to January this year.

The Romanian Senate has OKed the new law on consumer credit contracts, which removes the early repayment fee for loans with floating interest rate. The ordinance transposes a a European Directive in Romanian legislation.

Romanian beer sales dropped by 11 percent in the first half of the year, compared to the same interval in 2009, to about eight million hectoliters, accordin

'I have noticed that as far as the rise in the VAT is concerned, VAT tax collection in the first month of its implementation was 25 percent higher than in the months before. This could be a positive signal, but we have to wait and see how things evolve.

The Swiss Federal Council will offer a EUR 140 million financing for Romania, with the targeted areas including the development of the business climate, the reform of the judicial system, the Eastern border security, education and social inclusion. The two countries have recently signed an agreement for a Swiss-Romanian Cooperation Programme on narrowing the economic and social disparities within the European Union.

Romanian Environment Minister Laszlo Borbely said Tuesday that the car pollution tax will be changed to the effect that owners of older cars, “which produce more pollution,” will have to pay a higher tax.

*Every job in a multinational is chased by hundreds of candidates – in Ziarul Financiar
*Head of Asesoft, in top 20 wind park developers, with 340 MW projects – in Ziarul Financiar
*Smart Wings wants to enter Bucharest – Prague low cost flights – in Ziarul Financiar
*EUR 135 million funds from the Swiss Federal Council – in Ziarul Financiar
*Small and medium companies need to submit taxation declarations online – in Ziarul Financiar

Online retailer eMAG has opened a 300 sqm showroom in Constanta, the biggest in its chain outside Bucharest so far and expects the showroom to bring revenues of EUR 1 million this year and EUR 3.5 million next year, according to Iulian Stanciu, director of eMAG.ro. This is the company's second largest showroom, after the one in Bucharest.

RBS Romania will move its headquarters to a 8,700 sqm space in Lake View office building on Barbu Vacarescu boulevard at the beginning of November. The bank will occupy the ground floor of the building, where it will have a branch, as well as the first three floors of the office building, according to its representatives

*ButanGas invests EUR 44 million in wind projects – in Ziarul Financiar
*Hidroelectrica has a EUR 3 billion investment plan for 5-7 years – in Ziarul Financiar
*Owner of Zara brings construction company to Romania – in Ziarul Financiar
*Mobius about energy giants: If they do not generate added value, we're not interested in them – in Ziarul Financiar
*Romanian Brewers: Crisis and rain trigger 10% beer sales drop in H1 – in Ziarul Financiar

The Swiss franc – Romanian leu exchange rate reached a peak of RON 3.35 per franc on Wednesday, after the Swiss currency has continuously appreciated throughout the year. The Romanian currency depreciated by 18 percent against the Swiss franc compared to January this year.

The Romanian Senate has OKed the new law on consumer credit contracts, which removes the early repayment fee for loans with floating interest rate. The ordinance transposes a a European Directive in Romanian legislation.

Romanian beer sales dropped by 11 percent in the first half of the year, compared to the same interval in 2009, to about eight million hectoliters, accordin

'I have noticed that as far as the rise in the VAT is concerned, VAT tax collection in the first month of its implementation was 25 percent higher than in the months before. This could be a positive signal, but we have to wait and see how things evolve.

The Swiss Federal Council will offer a EUR 140 million financing for Romania, with the targeted areas including the development of the business climate, the reform of the judicial system, the Eastern border security, education and social inclusion. The two countries have recently signed an agreement for a Swiss-Romanian Cooperation Programme on narrowing the economic and social disparities within the European Union.

Romanian Environment Minister Laszlo Borbely said Tuesday that the car pollution tax will be changed to the effect that owners of older cars, “which produce more pollution,” will have to pay a higher tax.

*Every job in a multinational is chased by hundreds of candidates – in Ziarul Financiar
*Head of Asesoft, in top 20 wind park developers, with 340 MW projects – in Ziarul Financiar
*Smart Wings wants to enter Bucharest – Prague low cost flights – in Ziarul Financiar
*EUR 135 million funds from the Swiss Federal Council – in Ziarul Financiar
*Small and medium companies need to submit taxation declarations online – in Ziarul Financiar