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Discussions between Romanian authorities and the International Monetary Fund on a potential new loan agreement will begin on January 20, said Prime Minister Emil Boc Sunday on ProTV.
*Raiffeisen sells EUR 30 million of retail loans every month, same as in 2009 – in Ziarul Financiar
*120 Romanians pay between EUR 30,000 and EUR 50,000 a year to send their children to foreign private highschools – in Ziarul Financiar
*Exports reach peak in October, at EUR 3.52 billion – in Ziarul Financiar
*Tiriac invests EUR 14 million in expanding the auto network – in Ziarul Financiar
British retailer Tesco is close to making an acquisition and thus entering the Romanian market, according to Romanian media. The British retailer is currently negotiating to take over hypermarket operator Real Hypermarket Romania, according to Ziarul Financiar.
MONDAY, December 13
10,00 hours Around the World Christmas Expo, at the AFI Palace Cotroceni. On
The Romanian tax authority (ANAF) will open the first store which will sell confiscated goods in Bucharest. The store will be opened on Monday, December 13, and ANAF hopes its revenues from selling confiscated goods will increase with the new opening
Carmaker Ford Europe will showcase at the Geneva car show next year the first car which will be produced in Romania, Ford B-Max. The B-Max model will enter production at Ford's Craiova factory at the end of this year, according to Automotive News Europe, quoting company sources.
A solar panels park on over 190 hectares will be built in Cluj - Napoca, according to Sorin Apostu, the mayor of Cluj Napoca. WWS Energy Development LLC will build the photovoltaic park and 30 percent of the electricity it will produce will be supplied to the city hall.
The first snow of the season started falling in Bucharest on Friday morning (December 10), while snowing has taken over most of Romania during the last 24 hours. Meteorologists have issues a yellow code for snow valid until the beginning of the week-end.
Austrian crystal producer Swarovski has taken into account producing in Romania, at Cluj, according to Romanian newspaper Adevarul, quoting market sources.
Romania's Tourism Ministry plans to install 3D boards on the country's airports to inform tourists on local destinations, according to Elena Udrea, tourism ministry. The value of the investments in these boards is yet unknown.
Peter Weiss (in picture), the former head of RBS Romania, will be the new executive president of Bancpost from January next year, replacing Mihai Bogza. Bogza will become head of the administration council with Bancpost. The changes still require the OK from the Romanian Central Bank (BNR).