Construction materials producer Somaco Grup Prefabricate sold 37 percent more aerated concrete blocks (BCA) products in the first nine months of the year compared to the same period of last year, the company has announced. Somaco plans to reach a sales increase of 10 percent throughout the entire year and estimates it will increase its turnover by up to 18 percent this year on last year.

Watercooler company La Fantana has bought the water purification importer and distributor Rokor Ecostyle, the company has announced. The enterprise value of the bought company was of EUR 4.35 million. The seller was Romanian investor Serban Andrei. Rokor Ecostyle will keep its brand and operate under La Fantana umbrella. The buyer says it will hold an 80 percent market share on the water purification market.

*Five bankers cashed in over EUR 1 million in 2009 for their 2008 results – in Ziarul Financiar
*Alcatel Lucent continues to hire software producers and engineers – in Ziarul Financiar
*Horvath & Partners: Romania ranks third in region in terms of investment potential – in Ziarul Financiar
*Gregory's changes director and strategy – continues with franchises – in Ziarul Financiar
*Romania, the sixth largest beneficiary of EU funds with EUR 1.7 bln. The absorption capacity by mid-year – 10.1% – in Ziarul Financiar

The Bate Saua Sa Priceapa Iapa local biking association will organize a biking march on Wednesday, September 29, starting 18,00 hours. (So there's still a bit of time to prepare for the event.)

Mircea Cartarescu is one of the best known contemporary Romanian authors. He is a poet, novelist and essayst, member of the Romanian Writers’ Union and of the European Cultural Parliament. His works have been translated into more than 14 languages, bringing him international fame.

Romanian Prime Minister Emil Boc has changed his mind about using a police escort after initially announcing he had given up on a police traffic escort after some members of the Romanian Police had rallied in Bucharest last week. "It was a way to show my disapproval of those who breached the law and express my standpoint concerning those who were supposed to defend the law but violated it," said the prime minister.

The new Bucharest Obor Market will be opened at the beginning of October, when the two-floorey building which was developed on the site will be finalized. The project, a partnership between the Bucharest Sector 2 city hall and a group of local developers, will feature traditional grocery sales areas, hosting some of the individuals producers which used to sell fruits and vegetables in the old Obor Market.

Two Romanians and a British have embarked on a five-day memorial walk from Bucharest to Brasov, hoping to raise funds and increase awareness for injured Romanian rugby players. Istvan Balint, the general manager of the Gyopar Club Hotel in Hungary, Alexandru Benga, a former martial arts practitioner and Martin Dixon, the editor of The Expat Life magazine started the 170-kilometers walk this morning and expect to arrive in Brasov on Saturday. Other walkers are expected to join on the last section of the track, between Sacele and Brasov, on Saturday.

Around 40 percent of private companies in Romania estimate an average 6.8 percent raise in salaries in 2011, compared with an average 4.3 percent salary raise in 2010, according to a PayWell Romania survey on salary and benefits, conducted by PricewaterhouseCoopers (PwC).

Local firm Shopping Center Holding, which has taken over the formerly known Tiago Mall Oradea in a deal estimated at EUR 30.5 million, will build the 30,000 sqm Oradea Shopping City on the premises, the firm has announced.

Construction materials producer Somaco Grup Prefabricate sold 37 percent more aerated concrete blocks (BCA) products in the first nine months of the year compared to the same period of last year, the company has announced. Somaco plans to reach a sales increase of 10 percent throughout the entire year and estimates it will increase its turnover by up to 18 percent this year on last year.

Watercooler company La Fantana has bought the water purification importer and distributor Rokor Ecostyle, the company has announced. The enterprise value of the bought company was of EUR 4.35 million. The seller was Romanian investor Serban Andrei. Rokor Ecostyle will keep its brand and operate under La Fantana umbrella. The buyer says it will hold an 80 percent market share on the water purification market.

*Five bankers cashed in over EUR 1 million in 2009 for their 2008 results – in Ziarul Financiar
*Alcatel Lucent continues to hire software producers and engineers – in Ziarul Financiar
*Horvath & Partners: Romania ranks third in region in terms of investment potential – in Ziarul Financiar
*Gregory's changes director and strategy – continues with franchises – in Ziarul Financiar
*Romania, the sixth largest beneficiary of EU funds with EUR 1.7 bln. The absorption capacity by mid-year – 10.1% – in Ziarul Financiar

The Bate Saua Sa Priceapa Iapa local biking association will organize a biking march on Wednesday, September 29, starting 18,00 hours. (So there's still a bit of time to prepare for the event.)

Mircea Cartarescu is one of the best known contemporary Romanian authors. He is a poet, novelist and essayst, member of the Romanian Writers’ Union and of the European Cultural Parliament. His works have been translated into more than 14 languages, bringing him international fame.

Romanian Prime Minister Emil Boc has changed his mind about using a police escort after initially announcing he had given up on a police traffic escort after some members of the Romanian Police had rallied in Bucharest last week. "It was a way to show my disapproval of those who breached the law and express my standpoint concerning those who were supposed to defend the law but violated it," said the prime minister.

The new Bucharest Obor Market will be opened at the beginning of October, when the two-floorey building which was developed on the site will be finalized. The project, a partnership between the Bucharest Sector 2 city hall and a group of local developers, will feature traditional grocery sales areas, hosting some of the individuals producers which used to sell fruits and vegetables in the old Obor Market.

Two Romanians and a British have embarked on a five-day memorial walk from Bucharest to Brasov, hoping to raise funds and increase awareness for injured Romanian rugby players. Istvan Balint, the general manager of the Gyopar Club Hotel in Hungary, Alexandru Benga, a former martial arts practitioner and Martin Dixon, the editor of The Expat Life magazine started the 170-kilometers walk this morning and expect to arrive in Brasov on Saturday. Other walkers are expected to join on the last section of the track, between Sacele and Brasov, on Saturday.

Around 40 percent of private companies in Romania estimate an average 6.8 percent raise in salaries in 2011, compared with an average 4.3 percent salary raise in 2010, according to a PayWell Romania survey on salary and benefits, conducted by PricewaterhouseCoopers (PwC).

Local firm Shopping Center Holding, which has taken over the formerly known Tiago Mall Oradea in a deal estimated at EUR 30.5 million, will build the 30,000 sqm Oradea Shopping City on the premises, the firm has announced.