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26 January 2011

Oil company Lukoil plans to shut down its Petrotel refinery in Ploiesti, Romania, for maintenance next month. The halt will last for two weeks, between February 13 and 18, for regular equipment inspections, the company has announced.

26 January 2011

Romanian actor Radu Beligan (93) will return on stage in a performance called "Confessions about Life and Art”, on February 16, from 19,30 hours, at the Children's National Palace in Bucharest. Ticket prices: RON 60. Get tickets here.

26 January 2011

The hike in 2010 of pump prices in Romania was groundless and did not reflect the evolution of international quotes for crude oil, exchange rates and duties and fees, while most of the local oil firms reported significant losses, and their real profits were not reflected accordingly.

26 January 2011

Romania has a wind energy potential of around 14,000 MW and wind turbines totaling 500 MW could be installed by 2015, according to Danish wind turbine producer Vestas, which has recently opened an office in Romania.

26 January 2011

Nicola Calabro, general manager of Intesa Sanpaolo Bank Romania has ended his four-year mandate in Romania. He will be named general manager of Banca di Trento e Bolzano, part of Intesa Sanpaolo Group, where he worked at the very beginning of his career back in 1987.

26 January 2011

Romania has often been labeled as one of history’s greatest survivors. A past of invasions and occupations, Romania has recently undergone dynamic social and economic changes and joined the EU in 2007. While the country attempts to leave behind its communist past, present day attitudes and traditions still reflect this part of its turbulent history. Modest attitudes and behaviors coupled with Orthodox Christian beliefs reflect their simple-minded and down-to-earth mentality that has been shaped by years of hardship.

26 January 2011

T-Systems, the IT services division of German Deutsche Telekom, has opened a subsidiary in Romania. The company is called T-Systems ICT Romania and is managed by Peter Ilosvai, the head of T-System in Hungary and by Roman Kuka

26 January 2011

Romanian Bogdan Mustata is one of the four winners of the Sundance Institute/Mahindra Global Filmmaking Award. His film project, called 'Wolf' (Lupu'), joins three other projects in Israel, Malaysia and Mexico. Each of the winners will receive a USD 10,000 cash prize, attendance at industry meetings at the Sundance Film Festival, mentoring from Institute staff and participation in a feature film program lab.

26 January 2011

PwC Romania has two new partners in its Advisory department, Andrej Vizjak (in picture) and Bogdan Belciu have been named partners with PwC Romania's advisory department. The company now has 20 partners.

25 January 2011

Mother Africa Circus of Joy, currently on a world tour, will perform in front of the Bucharest audience on February 27 at Sala Palatului. 40 famous artists from different countries of the African continent like Tanzania, Ethiopia, Kenya, Sudan, Ghana, Burkina Faso, Ivory Coast, Zimbabwe and South Africa will present ingenious numbers of acrobatics, jugglers, contortionism, music and traditional dances.

25 January 2011

The Imperial Hotel, Bristol Hotel or Metropol Hotel, Brancoveanu Palace, The Grand Theatre, Vacaresti Monastery, Saint Sava Monastery – these are some of the lost places of Bucharest. Discover their story and much more in a seminar on the “City of Lost Places”, held at Calea Victoriei Foundation, on February 3, from 19,00 hours.

25 January 2011

The first day of trading for Fondul Proprietatea shares triggered a record volume of over EUR 50 million in trading with FP shares. The maximum price per share was of RON 0.675 during the first trading day, below the nominal value of the fund's shares, which is of RON 1. The fund's shares recorded 5,638 trades on the first day, which was a record on BSE. The day also brought the highest number of pre-opening orders on a single listed share- 3,500.

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