Investors from Saudi Arabia, the United Arab Emirates, Bahrain, Oman, Kuweit and Qatar are interested in placing their money in Romania in sectors like agriculture, infrastructure and the financial sector, with a budget of minimum USD 20 million per project, according to Forum Invest, which will organize a business forum in this topic in Bucharest.

A new Romanian movie will be released this year. The film, called 'Loverboy', is produced by Strada Film, directed by Catalin Mitulescu and features actors who starred in 'If I want to Whistle, I Whistle'.

Polyurethane foam and hotmelt producer Den Braven Romania registered total sales of EUR 39.5 million in 2010, an increase of 28 percent compared to the sales recorded in 2009.

The Radio Hall in Bucharest will host the first “Army in Concert” show for the current season on Wednesday, February 24 starting 19,00 hours, . The Army Representative Orchestra will be guided by master Aurel Gheorghita and the event’s special guest will be the pianist Horia Maxim.

Most Romanians go on holiday once a year and prefer to spend it in Romania, Bulgaria or Greece, according to a survey made by the Romanian portal www.infoturism.ro in cooperation with iVox. Respondents to this survey book their holiday directly in the travel agency and prefer the own car as transportation.

Romanian band Byron will launch its third album on Thursday, February 17, from 22,00 hours at the Silver Church club, where it will also go on stage, playing songs from the new album. The album will contain a total number of 16 track adaptations of popular Romanian songs performed in Byron's own manner.

BRD - Groupe Societe Generale posted a net profit of EUR 119 million last year, a drop of 36 percent on 2009, the bank has announced. The group's net profit, which also includes BRD Sogelease and BRD Finance, was 31 percent lower than in 2009.

Consumer prices in Romania grew by 0.77 percent on the month in January, while the annual inflation eased to 6.99percent , the country’s statistics institute INS said Monday. In December, the annual inflation peaked at 7.96 percent, mostly driven by a higher sales tax.

Romanians bought around 7 million cinema tickets last year, one third more than in 2009, which made it the biggest increase pace in the European Union. In 2009, 5.3 million cinema tickets were sold in Romania, while 6.8 million were sold last year, according to the National Cinema Center in Romania.

Romania’s state-owned railway company CFR SA will close 20 percent of the country's railroad network, about 4,000 kilometers of railway lines, unless it finds investors to ensure their maintenance, reads the letter of intent agreed upon by the Government and the International Monetary Fund.

Low cost airline Wizz Air will launch a new flight connecting Bucharest to Malaga in Spain, the company has announced. The new route will be operated from March 26 and will initially have one flight a week, on Sundays.

Romania will allot EUR 15 million to hospitals this year for IT&C projects, according to Romanian Communications Minister Valerian Vreme.The Communications Ministry will spend as much as EUR 400,000 per hospital to outfit around 40 units, said Vreme.