Investment in research and development is one of the essential ingredients required to generate economic growth. EU funds are available for R&D activities as well, and Romania-Insider.com looks at the main features of the EU funds for research and development, as well as at several foreign investments in the Romanian R&D sector.

The Romanian car industry posted a turnover of EUR 8.1 billion last year, which was 6 percent of the country's GDP. The auto industry is expected to reach a 10 percent weight of the GDP this year, according to Constantin Stroe, head of the Car Makers Association in Romania.

*400,000 Romanians chose private medical care – in Ziarul Financiar
*Car center in mall: Grand Arena tries to attract visitors. Decathlon comes in December – in Ziarul Financiar
*Ropharma shares on the Bucharest Stock Exchange tomorrow – in Ziarul Financiar
*Firms replace expat managers with Romanians who worked abroad and reduce their salary costs by 20 percent – in Ziarul Financiar

Romania’s car output exceeded 290,000 units in the first ten months of 2010, close to the level registered in 2009, when...

Romania's Government will introduce a financial incentive package to encourage purchases of electric cars through an "ecologic bonus" for consumers and through tax deductions or state aid for producers.

Polyurethane foams and hotmelt producer Den Braven Romania posted EUR 33.7 million in turnover in the first ten months of the year, up 30 percent on the same period last year. The company already exceeded the entire sales volume for 2009, which stood at EUR 30.8 million and which was on a downwards trend compared to 2008. For the entire 2010, the company expects a EUR 37 million turnover.

Car sales in Romania will reach 96,000 units by yer-end and will grow by 7 percent in 2011, to 103,000 units, according to Henrik Nenzen, the general manager of the Ford National Sales Company in Romania.

The Romanian Government approved the second budget revision this year, Prime Minister Emil Boc announced Monday. According to the revision draft, the budget revenue and expenditure estimates for this year were slightly raised, to EUR 38 billion and EUR 46.7 billion, respectively.

Car market Daimler AG's shares will be available for Romanian investors on the Bucharest Stock Exchange platform starting November 23, without being actually listed on the BSE. The stock exchange has approved shares trading on the ATS alternative system.

*Finance Ministry has to raise EUR 1 billion from banks on Thursday – in Ziarul Financiar
*Only 14% of Romanian got a holiday during July – September – in Ziarul Financiar
*OTP lost EUR 7 million in the third quarter. Pressure moves to mortgage loans – in Ziarul Financiar
*Sanofi- Aventis, close to finalizing move of ten products to Bucharest. Exports start in in February – March – in Ziarul Financiar
*Romanians spend EUR 100 million a year on construction tools – in Ziarul Financiar

Investment in research and development is one of the essential ingredients required to generate economic growth. EU funds are available for R&D activities as well, and Romania-Insider.com looks at the main features of the EU funds for research and development, as well as at several foreign investments in the Romanian R&D sector.

The Romanian car industry posted a turnover of EUR 8.1 billion last year, which was 6 percent of the country's GDP. The auto industry is expected to reach a 10 percent weight of the GDP this year, according to Constantin Stroe, head of the Car Makers Association in Romania.

*400,000 Romanians chose private medical care – in Ziarul Financiar
*Car center in mall: Grand Arena tries to attract visitors. Decathlon comes in December – in Ziarul Financiar
*Ropharma shares on the Bucharest Stock Exchange tomorrow – in Ziarul Financiar
*Firms replace expat managers with Romanians who worked abroad and reduce their salary costs by 20 percent – in Ziarul Financiar

Romania’s car output exceeded 290,000 units in the first ten months of 2010, close to the level registered in 2009, when...

Romania's Government will introduce a financial incentive package to encourage purchases of electric cars through an "ecologic bonus" for consumers and through tax deductions or state aid for producers.

Polyurethane foams and hotmelt producer Den Braven Romania posted EUR 33.7 million in turnover in the first ten months of the year, up 30 percent on the same period last year. The company already exceeded the entire sales volume for 2009, which stood at EUR 30.8 million and which was on a downwards trend compared to 2008. For the entire 2010, the company expects a EUR 37 million turnover.

Car sales in Romania will reach 96,000 units by yer-end and will grow by 7 percent in 2011, to 103,000 units, according to Henrik Nenzen, the general manager of the Ford National Sales Company in Romania.

The Romanian Government approved the second budget revision this year, Prime Minister Emil Boc announced Monday. According to the revision draft, the budget revenue and expenditure estimates for this year were slightly raised, to EUR 38 billion and EUR 46.7 billion, respectively.

Car market Daimler AG's shares will be available for Romanian investors on the Bucharest Stock Exchange platform starting November 23, without being actually listed on the BSE. The stock exchange has approved shares trading on the ATS alternative system.

*Finance Ministry has to raise EUR 1 billion from banks on Thursday – in Ziarul Financiar
*Only 14% of Romanian got a holiday during July – September – in Ziarul Financiar
*OTP lost EUR 7 million in the third quarter. Pressure moves to mortgage loans – in Ziarul Financiar
*Sanofi- Aventis, close to finalizing move of ten products to Bucharest. Exports start in in February – March – in Ziarul Financiar
*Romanians spend EUR 100 million a year on construction tools – in Ziarul Financiar