Telecom solutions provider Huawei hopes to reach a 10 percent market share of mobile telephony sales in Romania by 2011, with plans to launch six new models by mid next month. The company had announced earlier this summer its plans to launch a PC tablet by the end of the year, which will sell at EUR 350.

A Gazprom delegation led by the Russian company's general manager Alexei Miller is expected in Bucharest on Wednesday, to meet Economy Minister representatives, according to Agepres, quoting Government sources. The Economy Minister Ion Ariton will attend the meeting, along with Romgaz representatives.

*Investors found EUR 400 million for shopping malls – in Ziarul Financiar
*The increase in food prices send inflation up to a maximum of 8 percent – in Ziarul Financiar
*Catalin Dima withdraws from the Romtelecom management for his own business – in Ziarul Financiar
*Huawei brought 100 Chinese to work in Romania – in Ziarul Financiar
*Romania, in top 10 milk producers, but only one liter out of five goes to factories – in Ziarul Financiar
*Romanian exports, up 23 percent – in Gandul

As many as 700 Volksbank clients have started legal procedures against the bank on the allegedly illegal contract clauses added by the bank after the issuance of the Government Ordinance 50. The bank clients are represented by Piperea & Asociatii law firm, the firm has announced.

Over 1,000 Romanians have already cashed in private pensions worth a total of EUR 342,000, two years and a half from the start of the private pensions system, according to the Private Pensions Surveillance Commission system.

Mark Mobius, the head of emerging markets for Franklin Templeton, who is perceived worldwide as an investment guru, believes the greatest potential in Romania can come from privatizing companies in the energy sector. The transportation sector also appears to have important potential in the long term, as do postal services

Romania's trade deficit grew by 1.9 percent in the first eight months on the same period last year, to EUR 6.09 billion, with exports growing at a slightly higher pace than imports, according to data from the National Statistics Institute (INS).

*How did UTI increase its profit margin: layoffs, temporary salary cuts and lower rents – in Ziarul Financiar
*Real back to expansion plans: 2-3 stores a year – in Ziarul Financiar
*Tanasescu: A new two-year agreement with the IMF will be enough for Romania to strengthen its position – in Ziarul Financiar
*Bankers increase mortgage loan installment rate by 20% – in Ziarul Financiar
*Wine business, lower than in 2009 – in Gandul

Romanian airline Blue Air will continue to operate, either on its own or under a court-appointed administrator, and will submit a request for the suspension of the insolvency procedure on Monday, said Gheorghe Racaru, the parent group's strategy and development manager. Racaru said the court's case file contains proof that the company has paid its debts.

Romanian carmaker Dacia sold 44,194 Logan cars in Russia in the first nine months of 2010, up 15 percent from 2009, ranking sixth among the best-sold brands, in a market which grew 18 percent, to 1.3 million cars. In September , Dacia sold 4,805 Logan cars, 37 percent more than the 3,497 units sold in September 2009, according to the data of the Auto Constructor Commission with the Association of European Companies in the Russian Federation.

Telecom solutions provider Huawei hopes to reach a 10 percent market share of mobile telephony sales in Romania by 2011, with plans to launch six new models by mid next month. The company had announced earlier this summer its plans to launch a PC tablet by the end of the year, which will sell at EUR 350.

A Gazprom delegation led by the Russian company's general manager Alexei Miller is expected in Bucharest on Wednesday, to meet Economy Minister representatives, according to Agepres, quoting Government sources. The Economy Minister Ion Ariton will attend the meeting, along with Romgaz representatives.

*Investors found EUR 400 million for shopping malls – in Ziarul Financiar
*The increase in food prices send inflation up to a maximum of 8 percent – in Ziarul Financiar
*Catalin Dima withdraws from the Romtelecom management for his own business – in Ziarul Financiar
*Huawei brought 100 Chinese to work in Romania – in Ziarul Financiar
*Romania, in top 10 milk producers, but only one liter out of five goes to factories – in Ziarul Financiar
*Romanian exports, up 23 percent – in Gandul

As many as 700 Volksbank clients have started legal procedures against the bank on the allegedly illegal contract clauses added by the bank after the issuance of the Government Ordinance 50. The bank clients are represented by Piperea & Asociatii law firm, the firm has announced.

Over 1,000 Romanians have already cashed in private pensions worth a total of EUR 342,000, two years and a half from the start of the private pensions system, according to the Private Pensions Surveillance Commission system.

Mark Mobius, the head of emerging markets for Franklin Templeton, who is perceived worldwide as an investment guru, believes the greatest potential in Romania can come from privatizing companies in the energy sector. The transportation sector also appears to have important potential in the long term, as do postal services

Romania's trade deficit grew by 1.9 percent in the first eight months on the same period last year, to EUR 6.09 billion, with exports growing at a slightly higher pace than imports, according to data from the National Statistics Institute (INS).

*How did UTI increase its profit margin: layoffs, temporary salary cuts and lower rents – in Ziarul Financiar
*Real back to expansion plans: 2-3 stores a year – in Ziarul Financiar
*Tanasescu: A new two-year agreement with the IMF will be enough for Romania to strengthen its position – in Ziarul Financiar
*Bankers increase mortgage loan installment rate by 20% – in Ziarul Financiar
*Wine business, lower than in 2009 – in Gandul

Romanian airline Blue Air will continue to operate, either on its own or under a court-appointed administrator, and will submit a request for the suspension of the insolvency procedure on Monday, said Gheorghe Racaru, the parent group's strategy and development manager. Racaru said the court's case file contains proof that the company has paid its debts.

Romanian carmaker Dacia sold 44,194 Logan cars in Russia in the first nine months of 2010, up 15 percent from 2009, ranking sixth among the best-sold brands, in a market which grew 18 percent, to 1.3 million cars. In September , Dacia sold 4,805 Logan cars, 37 percent more than the 3,497 units sold in September 2009, according to the data of the Auto Constructor Commission with the Association of European Companies in the Russian Federation.