Romanian media, Ioan Niculae, owner of Interagro, moves his businesses to Bulgaria – in Ziarul Financiar, Howard Johnson: stagnating revenues – in Ziarul Financiar, The IMF insists we have trouble in drawing in EU money– in Ziarul Financiar

A project meant to improve the infrastructure for water and wastewater in Dambovita county will be implemented until 2013. The value of the project is of EUR 140 million, one of the biggest such projects undergoing in Romania.

Fondul Proprietatea (Proprietatea Fund) posted a net profit of around EUR 49 million in the first half of this year, which was up 25 percent on the same period of last year.

The biggest retailers in Romania run businesses worth EUR 7.5 billion in total last year, shows the recently published Top 100 companies in Romania report by Romania Insider. Last year, these 15 companies together posted sales of EUR 8.2 billion in total, the report shows.

The British ambassador to Romania, Robin Barnett, who is preparing to end his term in Romania, said the bureaucracy in the country is still high and that the infrastructure problems and the labor Code are barriers to investors in this country, he said, quoted by Mediafax newswire.

International Monetary Fund (IMF) and Romanian Government experts have included a 6.8 percent budget deficit on their economic forecasts, according to the Finance minister Sebastian Vladescu.

Cheese producer Bongrain Europe has recently closed its acquisition of a 52 percent stake in local Delaco, according to Biris Goran law firm, which acted as advisor on the deal for the buyer. The deal, which had been previously announced, has got the Romanian Competition Council clearance.

Online retailer eMAG.ro posted a turnover of EUR 41 million in the first six months of the year, which was up 64 percent on the same period of last year, the company has announced. EMAG expects the online retail market in Romania to grow in the second half of the year, after it went up by 30 percent in the first half.

Air carrier FlyNiki, owned by Formula 1 champion Niki Lauda and by Air Berlin, will increase the number of flights to and from Bucharest on the Bucharest – Vienna route starting October this year

Renault and Automobile Dacia are midway through works for a new Logan model, which should replace the existing Dacia Logan in 2012, according to Ziarul Financiar. The future Logan generation will be named X52 – the existing one is called X90.

Romanian media, Ioan Niculae, owner of Interagro, moves his businesses to Bulgaria – in Ziarul Financiar, Howard Johnson: stagnating revenues – in Ziarul Financiar, The IMF insists we have trouble in drawing in EU money– in Ziarul Financiar

A project meant to improve the infrastructure for water and wastewater in Dambovita county will be implemented until 2013. The value of the project is of EUR 140 million, one of the biggest such projects undergoing in Romania.

Fondul Proprietatea (Proprietatea Fund) posted a net profit of around EUR 49 million in the first half of this year, which was up 25 percent on the same period of last year.

The biggest retailers in Romania run businesses worth EUR 7.5 billion in total last year, shows the recently published Top 100 companies in Romania report by Romania Insider. Last year, these 15 companies together posted sales of EUR 8.2 billion in total, the report shows.

The British ambassador to Romania, Robin Barnett, who is preparing to end his term in Romania, said the bureaucracy in the country is still high and that the infrastructure problems and the labor Code are barriers to investors in this country, he said, quoted by Mediafax newswire.

International Monetary Fund (IMF) and Romanian Government experts have included a 6.8 percent budget deficit on their economic forecasts, according to the Finance minister Sebastian Vladescu.

Cheese producer Bongrain Europe has recently closed its acquisition of a 52 percent stake in local Delaco, according to Biris Goran law firm, which acted as advisor on the deal for the buyer. The deal, which had been previously announced, has got the Romanian Competition Council clearance.

Online retailer eMAG.ro posted a turnover of EUR 41 million in the first six months of the year, which was up 64 percent on the same period of last year, the company has announced. EMAG expects the online retail market in Romania to grow in the second half of the year, after it went up by 30 percent in the first half.

Air carrier FlyNiki, owned by Formula 1 champion Niki Lauda and by Air Berlin, will increase the number of flights to and from Bucharest on the Bucharest – Vienna route starting October this year

Renault and Automobile Dacia are midway through works for a new Logan model, which should replace the existing Dacia Logan in 2012, according to Ziarul Financiar. The future Logan generation will be named X52 – the existing one is called X90.