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20 October 2010

The state-backed program 'Buy Romanian products' ('Cumpara Romaneste') will be shaped in the next two to three months and will receive EUR 1 million in European financing, according to Economy Minister Ion Ariton. The main purpose of the program is to stimulate the sale of domestic products. The program will also includes debates on creating a public policy to stimulate the purchase of more Romanian-made items.

20 October 2010

The Rediscover Sinaia Association organizes a week-end trip to Sinaia between October 22 and 24. Attendants will learn how to prepare pickles using a local recipe on Saturday, followed by a festive dinner. On Sunday, a two-hour Sinaia tour will follow, featuring visits to the old homes of noblemen families in Sinaia. Creative workshops will be organized for children.

20 October 2010

Romania's economic evolution as reflected in numbers looks good for the time being, but the International Monetary Fund is only at the beginning of its analysis on Romania, said Jeffrey Franks (in picture, right), head of the IMF mission for Romania. An IMF delegation is in Romania to review the country's economic evolution. Franks and his team started meetings at the Labor Ministry this morning.

20 October 2010

Named Cluj –Napoca in Romanian, Kolozsvárin in Hungarian, Klausenburg in German, Kluż in Polish, Claudiopolis in Greek and Napoca in Latin, this is the second largest and one of the most visited cities of Romania. A great place to visit over an extended week-end. Romania-Insider.com takes you on a trip to the city of Cluj – Napoca.

20 October 2010

Andrei Serban is a famous Romanian director who is known for his provocative visual images and the way he reinterprets classical works such as Greek tragedy or Chekhov. He has worked for the major theatres in US and Europe, including the American Repertory Theatre in Boston, where he has been directing for more than two decades.

20 October 2010

*Euribor exceeds 1% threshold after 15 months, same as BCE interest, sigh banks see recovery – in Ziarul Financiar
*Mittal brings EUR 23.5 million to share capital in Galati company – in Ziarul Financiar
*Imotrust, EUR 4.5 million financing for a residential project – in Ziarul Financiar
*La Caixa gives EUR 10.5 million loan for Laguna Residence project, developed by GEA 21– in Ziarul Financiar
*Romania, 4th place in the region on IT – in Ziarul Financiar

19 October 2010

Romania’s major union federations are planning a major rally in capital Bucharest on October 27, when the Parliament will debate the opposition’s no-confidence motion that aims to overthrow the Government over its austere measures.

19 October 2010

The Senate on Tuesday passed by unanimous vote a Government's draft law concerning some expropriation measures in the case of projects of national, local and county interest, as amended by the Committee on Privatisation and the Judicial Committee.

19 October 2010

Romania will export this year over two million tons of wheat and a similar quantity of corn, at prices per ton ranging from EUR 180 to EUR 240, Romanian Agriculture Minister Valeriu Tabara told newswire Mediafax. Data presented by the minister indicate Romania will export corn of over EUR 360 million and wheat of over EUR 420 million.

19 October 2010

The Romanian Chamber of Deputies approved the law project which enables the inclusion of bonuses into the base salary for certain categories of state employees. The lack of these bonuses was the main reason which triggered protests at the Finance Ministry last week and the Finance Minister promised protesters they would get the bonuses for the summer.

19 October 2010

Seven Romanian software companies have sent Romania on the fourth position in Deloitte's Central Europe Technology Fast 50 top, the company has announced. However, Romanian companies have registered a slower pace of growth than the region.

19 October 2010

This year's International Sleepless Nights Accordion festival will open with a jazz performance by Romanian accordionist Emy Dragoi on Wednesday, October 20, at the Tete-a-Tete Coffee Art & Chill. The event wil also feature Costel Nitescu as special guest playing the violin.

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