Movies this week-end in Romania: Step Up, Marmaduke, Macete

Romanian large and medium taxpayers will submit their fiscal statements online as of October 1, through the National Electronic System (SEN), the Ministry of Communications announced on Thursday.

Following the Government reshuffle which was decided and announced earlier on Thursday, the nominations for the Economy, Finance, Labor, Agriculture, Communication and Transport Ministries are on Ion Ariton, Gheorghe Ialomiţianu, Ioan-Nelu Botiş, Valeriu Tabără, Valerian Vreme and Anca Boagiu respectively. Romanian Prime Minister Emil Boc announced the new lineup late on Thursday evening.

Six ministers from the current Government line up will change. Finance Minister Sebastian Vladescu, Agriculture Minister Mihail Dumitru, Labor Minister Mihai Seitan, Communication Minister Gabriel Sandu, as well as Economy Minister Adriean Videanu.

The first snow of the season fell in the Fagaras mountains, at Balea Lac, where it snowed for 24 hours until Thursday morning. The layer of snow reached 10 centimeters at an altitude of over 2,000 meters.

Romania should allot consistent sums of money for developing infrastructure, even in the context of current budgetary constrains, in order to maximize the country's potential to become a logistics hub in Central and Eastern Europe, according to PricewaterhouseCoopers.

Net investments in the Romanian economy fell by 9.8 percent, to EUR 3 billion in the second quarter compared with the year-earlier period, due to slow activity in all sectors, according to the country’s statistics institute INS.

The Transport Ministry will launch tenders with European financing, through the Transport Regional Operational Program, worth EUR 3.14 billion by year-end, according to Transport Minister Radu Berceanu.

The consortium made of Strabag and Straco will build the Deva – Orastie highway, after the challenges submitted following the bid have been rejected. The consortium has already signed the contract with the state. Strabag and Straco have filed an offer of EUR 179 million.

Romanians will cut housing, clothing and mobile phone expenses – in Ziarul Financiar, Clients loose patience and start filing lawsuits against banks to reduce cost of credits – in Ziarul Financiar, BCR becomes 'real estate agent' to stimulate loans – in Ziarul Financiar, EUR 100 million energy export – in Ziarul Financiar, Companies' access on the Romanian market, through the Unique Contact Point – on Dailybusiness.ro, Central Bank Reserves, down for the forth month in a row – on Dailybusiness.ro

Romanian state-owned passenger railway company CFR Calatori and state-run subway company Metrorex will raise tariffs by 8 percent from September 15, according to Transport Minister Radu Berceanu.

Russell Johnsen, the general manager of Provident Financial Romania, has been attracted to bringing change in the organization ever since joining it 28 years ago. A Jack of all trades, as he says, he has been at the helm of the Romanian subsidiary since 2009. The most intense activity so far, he tells romania-insider.com.