Local lender BCR has granted over 10,000 mortgage loans as part of the First House program so far, with the total financing exceeding EUR 420 million on this program. BCR, which started offering the First House loans in August last year, gave most of its loans in Bucharest – over 3,000 loans totaling EUR 150 million.

Romanians' only chance to get 4% interest on loans per year – in Ziarul Financiar, Romanians won't pay any more than 500 RON for a PC monitor on average – in Ziarul Financiar, Holcim's cement sales decline slows down in Q2 – in Ziarul Financiar, Austria's Volksbank brings Lucian Cojocaru from BRD to run retail operations – in Ziarul Financiar

Radu Timis profits from real estate context to set up 200-district store network – in Ziarul Financiar

Vienna Insurance Group's companies active in Romania posted EUR 274 million of gross subscribed premiums in the first half of the year, a drop of 12.5 percent compared to the same period of 2009. However, VIG grew its profit in Romania by 18.7 percent, to EUR 14.3 million during this period. VIG owns BCR Asigurari de Viata, BCR Asigurari, Omniasig, Omniasig Life and Asirom in Romania.

Local company Avicarvil has finalized the first stage of the investment in “La Provincia, pui de casa” (La Provincia, farm chicken), whose business model relies on raising chicken in a traditional way and then selling poultry on the Romanian market. The company plans to invest in a a fodder factory which should be fueled by locally-produced fodder.

The Romanian Labor Code will be modified this fall to allow a simpler partnership between employer and employees, said Economy Minister Adriean Videanu. “We will have a pleasant surprise in fall. They are working on it,” said Videanu who attended a seminar about energy investments.

Bucharest is the most expensive market in Europe based on the report of revenues and the cost of housing, according to a study by Polish company Home Broker. Sofia and Warsaw follow in the top. The average annual salary in Romania, Bulgaria and Poland cover the purchase of only 1-2 square meters of housing in a downtown area.

Romania imported 3.1 million tonnes of equivalent petrol in the first half of this year, which was 10.8 percent less than in the same period of 2009, according to data from the National Institute of Statistics.

Kazakhs have paid only 10% of Petromidia's debt to the state - in Ziarul Financiar, Bergenbier axes staff from production and hires on sales - in Ziarul Financiar, Raiffeisen: We have inverted the decreasing trend on loans - in Ziarul Financiar, Offers to intermediate Proprietatea Fund listing, between EUR 1,852 and EUR 7,000 - in Ziarul Financiar, Government approves first budget reshuffle this year - in Ziarul Financiar, Money for Tiago Mall Oradea was paid. Financing comes from UniCredit – on Wall-street.ro

US company Energiz Renewable has started a joint venture with Canadian company World Renewable Energy Group's local subsidiary (WREG) for several projects in Romania, pending on receiving government grants and finding private financing, romania-insider.com has learned. The company wants to built two solar panels factories in Romania, an investment of USD 64 million, according to Edward T. Whelan, head of Energiz Renewable, quoted by Romanian media.

The Proprietatea Fund stock market listing has attracted 13 brokerage companies which bought the bid documentation for intermediating the fund's listing. Four consortia have submitted offers, according to the fund

Local lender BCR has granted over 10,000 mortgage loans as part of the First House program so far, with the total financing exceeding EUR 420 million on this program. BCR, which started offering the First House loans in August last year, gave most of its loans in Bucharest – over 3,000 loans totaling EUR 150 million.

Romanians' only chance to get 4% interest on loans per year – in Ziarul Financiar, Romanians won't pay any more than 500 RON for a PC monitor on average – in Ziarul Financiar, Holcim's cement sales decline slows down in Q2 – in Ziarul Financiar, Austria's Volksbank brings Lucian Cojocaru from BRD to run retail operations – in Ziarul Financiar

Radu Timis profits from real estate context to set up 200-district store network – in Ziarul Financiar

Vienna Insurance Group's companies active in Romania posted EUR 274 million of gross subscribed premiums in the first half of the year, a drop of 12.5 percent compared to the same period of 2009. However, VIG grew its profit in Romania by 18.7 percent, to EUR 14.3 million during this period. VIG owns BCR Asigurari de Viata, BCR Asigurari, Omniasig, Omniasig Life and Asirom in Romania.

Local company Avicarvil has finalized the first stage of the investment in “La Provincia, pui de casa” (La Provincia, farm chicken), whose business model relies on raising chicken in a traditional way and then selling poultry on the Romanian market. The company plans to invest in a a fodder factory which should be fueled by locally-produced fodder.

The Romanian Labor Code will be modified this fall to allow a simpler partnership between employer and employees, said Economy Minister Adriean Videanu. “We will have a pleasant surprise in fall. They are working on it,” said Videanu who attended a seminar about energy investments.

Bucharest is the most expensive market in Europe based on the report of revenues and the cost of housing, according to a study by Polish company Home Broker. Sofia and Warsaw follow in the top. The average annual salary in Romania, Bulgaria and Poland cover the purchase of only 1-2 square meters of housing in a downtown area.

Romania imported 3.1 million tonnes of equivalent petrol in the first half of this year, which was 10.8 percent less than in the same period of 2009, according to data from the National Institute of Statistics.

Kazakhs have paid only 10% of Petromidia's debt to the state - in Ziarul Financiar, Bergenbier axes staff from production and hires on sales - in Ziarul Financiar, Raiffeisen: We have inverted the decreasing trend on loans - in Ziarul Financiar, Offers to intermediate Proprietatea Fund listing, between EUR 1,852 and EUR 7,000 - in Ziarul Financiar, Government approves first budget reshuffle this year - in Ziarul Financiar, Money for Tiago Mall Oradea was paid. Financing comes from UniCredit – on Wall-street.ro

US company Energiz Renewable has started a joint venture with Canadian company World Renewable Energy Group's local subsidiary (WREG) for several projects in Romania, pending on receiving government grants and finding private financing, romania-insider.com has learned. The company wants to built two solar panels factories in Romania, an investment of USD 64 million, according to Edward T. Whelan, head of Energiz Renewable, quoted by Romanian media.

The Proprietatea Fund stock market listing has attracted 13 brokerage companies which bought the bid documentation for intermediating the fund's listing. Four consortia have submitted offers, according to the fund