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14 October 2010

*M&A market shows signs of revival – in Ziarul Financiar
*Foreign investments drop and the current account deficit grows – in Ziarul Financiar
*Gazprom president signs South Stream memorandum in Bucharest – in Ziarul Financiar
*RCS &RDS- We went to Italy for the one million Romanians working there – in Ziarul Financiar
*Romanian industry takes a break. Last place on growth in August – in Gandul

13 October 2010

Hundreds of employees of the Finance Ministry and the Bucharest Agency for Fiscal Administration (ANAF) staged a spontaneous protest Wednesday on the halls of the Ministry itself, saying they have not received their bonuses, which make a significant part of their wages, for the last two months.

13 October 2010

A Romanian researcher who invented a device which could detect cancer in early stages works on testing the device and eventually producing it in Romania, with the launch expected early next year. Researcher Raluca-Ioana van Staden has become famous for the invention which has been awarded internationally. After working several years abroad, teaming up with her husband, she chose to come back to Romania to help create a strong Romanian research team. She has talked to romania-insider.com about this invention, which could be expanded to detecting other diseases in the future.

13 October 2010

Russian natural gas monopoly Gazprom will send a team of experts to Romania to analyze the opportunity of a joint venture with local peer Romgaz, Gazprom’s president Alexei Miller said Wednesday. Miller met with Romanian officials in Bucharest to discuss the possibility of Romania joining the South Stream pipeline project.

13 October 2010

The chamber music festival SoNoRo 2010 „ Un ballo in maschera“, makes its debut on October 31. The distinctive mark of this year’s edition is the two-artist photo exhibition, dedicated to masks, signed Hiroshi Watanabe and Dragos Lumpan.

13 October 2010

Local telecom company RCS & RDS has launched its mobile telephony service Digi Mobil in Italy, catering to the needs of over 1 million Romanians living there. Italy is the second destination country for Romanian workers where RCS &RDS launches its services, after launching Digi Mobil in Spain in 2008.

13 October 2010

The weight of the green public acquisitions carried out by the Romanian public authorities reaches up to 20 percent of the total amount, which is 30 percent below the level requested by the European Union. The European Commission has established a 50 percent ratio which should go to green acquisitions for each member state.

13 October 2010

The European Commissioner for Agriculture and Rural Development Dacian Ciolos will be attending several events taking place in Bucharest and Sibiu between October 13 and 15. Ciolos will conclude the works of the Conference on the Contribution of EU Funds to Integration of Roma Population.

13 October 2010

Banks active in Romania could lose over EUR 500 million if the Government Ordinance (OUG) 50/2010 stays in its current ambiguous form, according to the head of the Romanian Banks Association (ARB), Radu Gratian Ghetea (in picture).

13 October 2010

Romania has seen the most significant growth in sentiment about companies’ financial outlook, according to the fourth edition of the Deloitte Business Sentiment Index (DBSI). 63 percent of interviewed executives shared optimism - an almost 48 percent increase since the first survey in September 2009 and more than three times higher than the previous edition, issued in April.

13 October 2010

Intersnack has bought the Nutline sunflower seeds, preanuts and dried fruits brand from Alka Group, owned by Amir Krenzia, according to Ziarul Financiar. The deal was estimated at around EUR 10 million, but the two companies have not offered details.

13 October 2010

Dutch social entrepreneur Arnoud Raskin (in picture), who has had the idea of starting a mobile school for homeless children and who will deliver a speech at the TEDx Bucharest event on Friday, October 15, will further attend an open event on Sunday meeting people who are concerned about social entrepreneurship and alternative education methods.

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