Romania will not draw the last installment of its loan from the International Monetary Fund, of EUR 1 billion, and will use only the disbursement from the European Union, Romanian president Traian Basescu said on Sunday evening.

Lufthansa German Airlines carried 615,000 passengers in and out Romania last year, a 10 percent higher passenger volume compared to 2009, according to Stefan Versemann, the company's manager for Romania and the Republic of Moldova.

The World Bank will offer Romania EUR 750 million for healthcare and social assistance programs, as well as deliver the third and last loan installment, of EUR 400 million, which should cover development policies.

Swedish retailer H&M will open the first store in Bucharest on March 25 in AFI Palace Cotroceni shopping center. The store will be located on two floors in the shopping center. The retailer plans to open six stores in the first half of 2011.

The Romanian Central Bank (BNR) has decided to keep the key interest rate at 6.25 percent during its second monetary policy meeting of the year.

Telecom company Vodafone Romania witnessed its average revenue per user drop to EUR 6.2 in the third quarter of last year, from EUR 7.6 in the same quarter of the previous year.

Millennium Bank Romania posted a loss of EUR 24 million in 2010, which was down 38 percent on 2009, the bank has announced. The year before, the bank had posted a loss of EUR 38.5 million, higher than the loss posted in 2008.

The shareholders of Kilpatrick Executive Search have brought Talent Works International on the Romanian market. Bogdan Dragoescu will lead the Talent Works International Romania teams in Bucharest and Timisoara. He has more than 15 years of experience in Business Management Consultancy. Dragoescu is a Psychology graduate with a Professional Diploma in Management.

UniCredit Tiriac Bank expects foreign direct investments in Romania to stay between EUR 4 and 5 billion this year. The bank's chief economist Rozalia Pal believes Romania will continue to see negative results in the first and second quarters of the year, which will influence the investor sentiment.

Romania posted the seventh growth in installed wind power capacity among the European Union member states in 2010, namely a 448-megawatt increase to a total of 462 MW, according to a report of the European wind energy association EWEA.

Romania will not draw the last installment of its loan from the International Monetary Fund, of EUR 1 billion, and will use only the disbursement from the European Union, Romanian president Traian Basescu said on Sunday evening.

Lufthansa German Airlines carried 615,000 passengers in and out Romania last year, a 10 percent higher passenger volume compared to 2009, according to Stefan Versemann, the company's manager for Romania and the Republic of Moldova.

The World Bank will offer Romania EUR 750 million for healthcare and social assistance programs, as well as deliver the third and last loan installment, of EUR 400 million, which should cover development policies.

Swedish retailer H&M will open the first store in Bucharest on March 25 in AFI Palace Cotroceni shopping center. The store will be located on two floors in the shopping center. The retailer plans to open six stores in the first half of 2011.

The Romanian Central Bank (BNR) has decided to keep the key interest rate at 6.25 percent during its second monetary policy meeting of the year.

Telecom company Vodafone Romania witnessed its average revenue per user drop to EUR 6.2 in the third quarter of last year, from EUR 7.6 in the same quarter of the previous year.

Millennium Bank Romania posted a loss of EUR 24 million in 2010, which was down 38 percent on 2009, the bank has announced. The year before, the bank had posted a loss of EUR 38.5 million, higher than the loss posted in 2008.

The shareholders of Kilpatrick Executive Search have brought Talent Works International on the Romanian market. Bogdan Dragoescu will lead the Talent Works International Romania teams in Bucharest and Timisoara. He has more than 15 years of experience in Business Management Consultancy. Dragoescu is a Psychology graduate with a Professional Diploma in Management.

UniCredit Tiriac Bank expects foreign direct investments in Romania to stay between EUR 4 and 5 billion this year. The bank's chief economist Rozalia Pal believes Romania will continue to see negative results in the first and second quarters of the year, which will influence the investor sentiment.

Romania posted the seventh growth in installed wind power capacity among the European Union member states in 2010, namely a 448-megawatt increase to a total of 462 MW, according to a report of the European wind energy association EWEA.