Oil and gas company Rompetrol will organize a press conference on Wednesday to clarify issues related to the company's debt to the state, as well as the finalization of the public takeover offer for Rompetrol Rafinare.

Around 4.5 million Romanians have loans, more than the total number of employed people in Romania, according to a report from the Romanian Central Bank (BNR). Out of this number, 500,000 people fall into the riskiest category, with three loans, two with banks and one with a non-banking financial institution.

Companies' and population debt reaches EUR 72 billion – in Ziarul Financiar, Tiriac merges its car dealers – in Ziarul Financiar, Lidl takes 100 Romanians to Germany to train them to become managers – in Ziarul Financiar, BRD pays its employees EUR 13.7 million in bonuses for last year – in Ziarul Financiar, PwC: Romania will produce 520,000 cars in 2014 – in Ziarul Financiar, State prepares for trial with Rompetrol – in Ziarul Financiar, Over 500,000 Romanians have to queue up to pay their social contributions – in Gandul, Interest on deposits has decreased Romanians' savings – in Gandul

After focusing on opening supermarkets since the beginning of the year, French retailer Carrefour will open a new hypermarket in Romania. The retailer's 23rd unit will be located in Drobeta Turnu Severin and will cover 7,100 sqm. This is the first hypermarket opened by Carrefour in the last year and a half. The opening is scheduled for Wednesday, August 25, within Severin Shopping Center. The retailer did not announce the value of the investment in this new store.

More than 65 percent of Internet users said they were influenced by online advertising and spread out messages related to brands, product and services they see online, found a recent study by IAB Romania and eResearch Corp.

Romania's car production could go up by as much as 75 percent in 2014 compared to last year, to around 520,000 units produced locally, according to a recent study by PricewaterhouseCoopers (PwC). This would be the third fastest growth pace in Central and Eastern Europe.

Utilities, oil and gas and pharmaceutical companies had the best performances in the first half of the year among the Bucharest Stock Exchange listed companies, according to a recent report by brokerage company Tradeville. Chemical, metallurgical and car industries, which posted poorer financial results, but which witnessed a positive variation against the BET index.

State-owned company Nuclearelectrica, which administrates the two nuclear reactors in Cernavoda, posted a loss of around EUR 46 million in the first six months of the year. The company turned to loss after making a gross profit of around EUR 25.6 million in the first six months of last year.

Banks keep small clients locked in high interest loans, accuse business people – in Ziarul Financiar, IKEA- Land prices are still high – in Ziarul Financiar, Consumer protection: Banks the keep the current level of interest only if the clients agree – in Ziarul Financiar, Berceanu fires 8,000 railway workers to save EUR 187 million – in Ziarul Financiar, Public debt goes down by 36.4% of GDP mid-year – in Gandul, Rosia Montana: The journalists who were tempted to New Zealand say they're on holiday – on Adevarul.ro

The Romanian Railways Company (CFR) will have to axe between 7,100 and 8,300 people by 2011, which would lead to savings of around EUR 187 million next year, according to Transport Ministry's restructuring strategy for CFR.

Oil and gas company Rompetrol will organize a press conference on Wednesday to clarify issues related to the company's debt to the state, as well as the finalization of the public takeover offer for Rompetrol Rafinare.

Around 4.5 million Romanians have loans, more than the total number of employed people in Romania, according to a report from the Romanian Central Bank (BNR). Out of this number, 500,000 people fall into the riskiest category, with three loans, two with banks and one with a non-banking financial institution.

Companies' and population debt reaches EUR 72 billion – in Ziarul Financiar, Tiriac merges its car dealers – in Ziarul Financiar, Lidl takes 100 Romanians to Germany to train them to become managers – in Ziarul Financiar, BRD pays its employees EUR 13.7 million in bonuses for last year – in Ziarul Financiar, PwC: Romania will produce 520,000 cars in 2014 – in Ziarul Financiar, State prepares for trial with Rompetrol – in Ziarul Financiar, Over 500,000 Romanians have to queue up to pay their social contributions – in Gandul, Interest on deposits has decreased Romanians' savings – in Gandul

After focusing on opening supermarkets since the beginning of the year, French retailer Carrefour will open a new hypermarket in Romania. The retailer's 23rd unit will be located in Drobeta Turnu Severin and will cover 7,100 sqm. This is the first hypermarket opened by Carrefour in the last year and a half. The opening is scheduled for Wednesday, August 25, within Severin Shopping Center. The retailer did not announce the value of the investment in this new store.

More than 65 percent of Internet users said they were influenced by online advertising and spread out messages related to brands, product and services they see online, found a recent study by IAB Romania and eResearch Corp.

Romania's car production could go up by as much as 75 percent in 2014 compared to last year, to around 520,000 units produced locally, according to a recent study by PricewaterhouseCoopers (PwC). This would be the third fastest growth pace in Central and Eastern Europe.

Utilities, oil and gas and pharmaceutical companies had the best performances in the first half of the year among the Bucharest Stock Exchange listed companies, according to a recent report by brokerage company Tradeville. Chemical, metallurgical and car industries, which posted poorer financial results, but which witnessed a positive variation against the BET index.

State-owned company Nuclearelectrica, which administrates the two nuclear reactors in Cernavoda, posted a loss of around EUR 46 million in the first six months of the year. The company turned to loss after making a gross profit of around EUR 25.6 million in the first six months of last year.

Banks keep small clients locked in high interest loans, accuse business people – in Ziarul Financiar, IKEA- Land prices are still high – in Ziarul Financiar, Consumer protection: Banks the keep the current level of interest only if the clients agree – in Ziarul Financiar, Berceanu fires 8,000 railway workers to save EUR 187 million – in Ziarul Financiar, Public debt goes down by 36.4% of GDP mid-year – in Gandul, Rosia Montana: The journalists who were tempted to New Zealand say they're on holiday – on Adevarul.ro

The Romanian Railways Company (CFR) will have to axe between 7,100 and 8,300 people by 2011, which would lead to savings of around EUR 187 million next year, according to Transport Ministry's restructuring strategy for CFR.