Real estate projects worth around EUR 500 million are expected to go bankrupt in 2011, according to Coldwell Banker Affiliates of Romania. The volume of projects which will end up bankrupt will thus double on this year's, according to Valentin Ilie, CEO Coldwell Banker Affiliates of Romania.

German do-it-yourself retailer Hornbach, which has opened its fourth store in Romania on the former Prisma location near Bucharest, plans to further invest EUR 30 million in the fourth store of the chain in the capital city.

*New highway segment out for bid between Lugoj and Deva: EUR 260 million for 27 km of roads – in Ziarul Financiar
*Vienna trams will have body carriages made in Romania – in Ziarul Financiar
*Lindab expects EUR 25 million in sales for next year, similarly to 2009 – in Ziarul Financiar
*Hornbach expects EUR 93 million from the new Prisma store in 2011 – in Ziarul Financiar

*Raiffeisen sells EUR 30 million of retail loans every month, same as in 2009 – in Ziarul Financiar
*120 Romanians pay between EUR 30,000 and EUR 50,000 a year to send their children to foreign private highschools – in Ziarul Financiar
*Exports reach peak in October, at EUR 3.52 billion – in Ziarul Financiar
*Tiriac invests EUR 14 million in expanding the auto network – in Ziarul Financiar

British retailer Tesco is close to making an acquisition and thus entering the Romanian market, according to Romanian media. The British retailer is currently negotiating to take over hypermarket operator Real Hypermarket Romania, according to Ziarul Financiar.

Austrian crystal producer Swarovski has taken into account producing in Romania, at Cluj, according to Romanian newspaper Adevarul, quoting market sources.

*Gold sparkles for Romanians, with 40 percent yields a year – in Ziarul Financiar
*150 MPs stay in Centre Ville apartments, where prices start at EUR 2,200 a month – in Ziarul Financiar
*Low-cost flights to move from Baneasa – in Ziarul Financiar
*Carrefour enters Botosani, a city avoided by large retailers – in Ziarul Financiar

French retailer Carrefour will open two new hypermarkets in 2011, one in Bucharest, within the Colosseum shopping center in North West of the city and one in Botosani. For this year, three more supermarket openings are expected for Carrefour.

Romanian employers will file a single declaration for the income tax and for the social security contributions (CAS) of their employees from 2011, prime minister Emil Boc said on Wednesday. This will replace the existing five declarations.

*Ten ministers have EUR 4 billion for investments in 2011. What will they spend it on? - in Ziarul Financiar
*New Vodafone executive director: we will invest EUR 500 million in the next five years - in Ziarul Financiar
*Volksbank, the sixth bank on the local market, is up for sale. Will buyers step in? - in Ziarul Financiar
*Google launches Street View in eight Romanian cities - in Ziarul Financiar

Real estate projects worth around EUR 500 million are expected to go bankrupt in 2011, according to Coldwell Banker Affiliates of Romania. The volume of projects which will end up bankrupt will thus double on this year's, according to Valentin Ilie, CEO Coldwell Banker Affiliates of Romania.

German do-it-yourself retailer Hornbach, which has opened its fourth store in Romania on the former Prisma location near Bucharest, plans to further invest EUR 30 million in the fourth store of the chain in the capital city.

*New highway segment out for bid between Lugoj and Deva: EUR 260 million for 27 km of roads – in Ziarul Financiar
*Vienna trams will have body carriages made in Romania – in Ziarul Financiar
*Lindab expects EUR 25 million in sales for next year, similarly to 2009 – in Ziarul Financiar
*Hornbach expects EUR 93 million from the new Prisma store in 2011 – in Ziarul Financiar

*Raiffeisen sells EUR 30 million of retail loans every month, same as in 2009 – in Ziarul Financiar
*120 Romanians pay between EUR 30,000 and EUR 50,000 a year to send their children to foreign private highschools – in Ziarul Financiar
*Exports reach peak in October, at EUR 3.52 billion – in Ziarul Financiar
*Tiriac invests EUR 14 million in expanding the auto network – in Ziarul Financiar

British retailer Tesco is close to making an acquisition and thus entering the Romanian market, according to Romanian media. The British retailer is currently negotiating to take over hypermarket operator Real Hypermarket Romania, according to Ziarul Financiar.

Austrian crystal producer Swarovski has taken into account producing in Romania, at Cluj, according to Romanian newspaper Adevarul, quoting market sources.

*Gold sparkles for Romanians, with 40 percent yields a year – in Ziarul Financiar
*150 MPs stay in Centre Ville apartments, where prices start at EUR 2,200 a month – in Ziarul Financiar
*Low-cost flights to move from Baneasa – in Ziarul Financiar
*Carrefour enters Botosani, a city avoided by large retailers – in Ziarul Financiar

French retailer Carrefour will open two new hypermarkets in 2011, one in Bucharest, within the Colosseum shopping center in North West of the city and one in Botosani. For this year, three more supermarket openings are expected for Carrefour.

Romanian employers will file a single declaration for the income tax and for the social security contributions (CAS) of their employees from 2011, prime minister Emil Boc said on Wednesday. This will replace the existing five declarations.

*Ten ministers have EUR 4 billion for investments in 2011. What will they spend it on? - in Ziarul Financiar
*New Vodafone executive director: we will invest EUR 500 million in the next five years - in Ziarul Financiar
*Volksbank, the sixth bank on the local market, is up for sale. Will buyers step in? - in Ziarul Financiar
*Google launches Street View in eight Romanian cities - in Ziarul Financiar