Romania's Regional Development and Tourism Ministry, along with the Defense Ministry are planing to built the largest residential compound in Bucharest, which will spread over 186 hectares on sectors 5 and 6 of the capital city.

The Romanian Finance Ministry will have to refinance a EUR 4 billion debt in 2011, found a survey issued by ING Bank. The country's public debt fell to EUR 41.2 billion in June from EUR 41.5 billion a month earlier.

Over 164,000 cars older than ten years were scrapped until the beginning of September within Romania's clunkers program, according to the Romanian Environment Ministry. More than 38,000new cars were sold within the program, out of which 17,215 were made locally. This has triggered the national car park renewal program meeting 87 percent of its objectives by September 3.

Romania and Ukraine will likely face “strong” demand for their planned Eurobond offerings after the Czech Republic raised euro-denominated debt in an oversubscribed issue, Credit Agricole Cheuvreux SA said, quoted by Bloomberg.

Fondul Proprietatea shareholders have chosen Deloitte & Touche to audit the fund's financial situations. Only two companies had filed offers to audit the fund's financial results. The other bidder was a Romanian firm from Piatra Neamt, Expert Cont.

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.

Romania's Regional Development and Tourism Ministry, along with the Defense Ministry are planing to built the largest residential compound in Bucharest, which will spread over 186 hectares on sectors 5 and 6 of the capital city.

The Romanian Finance Ministry will have to refinance a EUR 4 billion debt in 2011, found a survey issued by ING Bank. The country's public debt fell to EUR 41.2 billion in June from EUR 41.5 billion a month earlier.

Over 164,000 cars older than ten years were scrapped until the beginning of September within Romania's clunkers program, according to the Romanian Environment Ministry. More than 38,000new cars were sold within the program, out of which 17,215 were made locally. This has triggered the national car park renewal program meeting 87 percent of its objectives by September 3.

Romania and Ukraine will likely face “strong” demand for their planned Eurobond offerings after the Czech Republic raised euro-denominated debt in an oversubscribed issue, Credit Agricole Cheuvreux SA said, quoted by Bloomberg.

Fondul Proprietatea shareholders have chosen Deloitte & Touche to audit the fund's financial situations. Only two companies had filed offers to audit the fund's financial results. The other bidder was a Romanian firm from Piatra Neamt, Expert Cont.

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.