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

Raiffeisen Bank posted a net profit of almost EUR 50 million in the first half of the year, the bank has announced. The bank's operational profit was of EUR 83.8 million – compared to EUR 106.2 million mid-2009. The net profit for the first half this year was close to the value reported after the first half of 2009 – EUR 52.7 million.

Local group of companies RTC Holding, owned by Romanian businessman Octavian Radu, posted a turnover of EUR 56 million in the first half of this year, down 12 percent on the same period of last year.

The Romanian Competition Council has applied a EUR 1.2 million fine to several private pensions administration companies which were accused in 2007 of having agreed to equally share the participants in two funds, although they were supposed to be allocated randomly.

The long – awaited iPhone 4 is now available for sale in Romania through two online stores, Pcfun.ro and eMag.ro.

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

Raiffeisen Bank posted a net profit of almost EUR 50 million in the first half of the year, the bank has announced. The bank's operational profit was of EUR 83.8 million – compared to EUR 106.2 million mid-2009. The net profit for the first half this year was close to the value reported after the first half of 2009 – EUR 52.7 million.

Local group of companies RTC Holding, owned by Romanian businessman Octavian Radu, posted a turnover of EUR 56 million in the first half of this year, down 12 percent on the same period of last year.

The Romanian Competition Council has applied a EUR 1.2 million fine to several private pensions administration companies which were accused in 2007 of having agreed to equally share the participants in two funds, although they were supposed to be allocated randomly.

The long – awaited iPhone 4 is now available for sale in Romania through two online stores, Pcfun.ro and eMag.ro.