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18 October 2010

A delegation of the International Monetary Fund arrives in Romania Wednesday, October 20, to review the country’s progress under a EUR 13 billion loan agreement and discuss a new agreement, an IMF official told Mediafax newswire.

18 October 2010

*Bank debts exceed 10% of the loans in four counties with low economic results – in Ziarul Financiar
*Carrefour keeps its sales stable due to supermarkets – in Ziarul Financiar
*Atenor Group puts over EUR 30 mln of its own funds in first phase of office compound – in Ziarul Financiar
*Ion Tiriac, Dinu Patriciu and Ioan Niculae, first three places in Top 300 Capital – in Ziarul Financiar
*Remittances from abroad reach only EUR 2.47 bln in eight months – in Adevarul

17 October 2010

Calendar of events for the period October 18 - 21 in Bucharest - business events, conferences, workshops.

17 October 2010

Romania's EU membership enables companies to seek financial support from the EU through structural and cohesion funds. Romania-insider.com starts a new series of articles providing information about European funds, the way companies and individuals can access them, as well as practical advice for those interested in making a successful project. Firstly, let's look at what are the main categories of funds available from the EU.

17 October 2010

The French Romanian Audiovisual and Cinema days will be held on October 18 and 19 at Radisson Blu Hotel in Bucharest, focusing on the transition to digital cinema. This third edition of the event is organized by the Embassy of France and the French Institute in Bucharest, in collaboration with the Ministry of Culture and National Patrimony and the Ministry of Telecommunications.

17 October 2010

Around 100 of the most powerful people in the world attended the Trilateral Commission's European meeting, held in the Romanian capital city between October 15 and 17. It was for the first time Romania hosted the event of the commission, which is often referred to as the world shadow government.

17 October 2010

The Romanian state should seek to recover the fiscal debt from companies through the partnership with private companies, which would get a fee of the recovered amount, said Romanian president Traian Basescu in a TV show on Sunday morning. This would increase the volume of recovered taxes by the Romanian state and would also fuel revenues to the private sector.

16 October 2010

The local Domino's Pizza franchise, owned by Radacini Group, has expanded with a second unit in Bucharest, in the Obor area of the capital city, Romania-insider.com has learned. The company has recently opened this second Domino's Pizza outlet on Ferdinand boulevard, after opening the first unit in Pipera earlier this year.

15 October 2010

The oil and gas market in Romania and in the region will get back to the 2008 level in three or four years, when the demand will return to that level, according to Mosonyi Gyorgy, president of the board with Hungarian oil company Mol. The company will continue to expand its distribution network in Romania, its representative has said.

15 October 2010

Tens of teachers in capital Bucharest staged a spontaneous protest Thursday evening and decided to head for the headquarters of the Education Ministry where they will stay until Education Minister Daniel Funeriu (in picture) resigns. The decision to start a spontaneous protest was taken by education union federation leaders during a meeting Thursday evening.

15 October 2010

Calendar of events in Bucharest during the period October 15-17: David Guetta, Jennifer Rush concerts, Bucharest City Marathon, Celebrating Chopin at the Romanian Athenaeum.

15 October 2010

*Carrefour Romania sales down 2.8% in third quarter, to EUR 270 million - in Ziarul Financiar
*Treich, Erste: They should deliver flyers about the risks of financial products, similarly to drugs - in Ziarul Financiar
*Wizz Air doesn't see Romania as a crisis country. “Our business brings a profit margin of 5 percent” - in Ziarul Financiar
*Govt. introduces fiscal stimuli for the production and acquisition of electric cars - in Ziarul Financiar
*Romanian buy EUR 2.5 million of holidays in 2010 – in Gandul

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