OMV Petrom's net income stood at around EUR 358 million (RON 1.52 billion) in the first half of the year, which is more than four times the profit it made during the same interval last year and almost double the net profit for the entire 2009.

Italian group UniCredit posted a gross profit of EUR 42 million in the first half of the year in Romania, down 15.5 percent compared to the same period of last year, according to the group's financial results.

A new group of 44 Peace Corps volunteers will start their two-year mission in Romania this summer, the US Embassy to Romania has announced. The volunteers will be sworn in on Friday, August 6, at the US Embassy in Bucharest.

Asociaţia Ovidiu Rom and the Ministry of Education, Research, Youth, and Sport (MECTS) are organizing contest among Romanian mayors to get every poor child in their communities in kindergarten this school year. The contest came as an idea from American actor Ethan Hawke

Nadia Comaneci is probably the most famous Romanian in the world, being the first gymnast to receive a perfect score of ten in an Olympic competition.

Star Storage, a company which specializes in data storage and information management, grew its turnover by 51 percent in the first half of the year, to EUR 7.8 million, compared to the first six months of last year. The company hopes to achieve an overall increase of 30 percent for the entire year, reaching EUR 18 million in turnover.

The unemployment level in Romania should stay at a stable rate towards the end of the year, said Romanian Labor Minister Mihai Seitan. “I don't expect an increase to a level higher than what it was in December lats year – 8.3 or 8.1. I can't give specific numbers, but anyway, it won't be higher than the level at the end of last year,” said Seitan.

Car dealer Romcar, part of Tiriac Holdings, which has previously sold Ford cars in Romania, will become a car parts distribution company for the TiriacAuto dealers network, according to Ziarul Financiar, quoting Alexandru Ion Tiriac.

Pambac Bacau, which produces bread and bakery products, has seen its profit shrinking by 25 percent in the first half of the year, as Romanians started to buy cheaper products.

Real estate developer Atrium European Real Estate has appointed Jorg Banzhaf as chief investment officer. Banzhaf will be responsible for the management and co-ordination of Atrium’s planned investment program as the Company continues to seek out opportunities for growth.

OMV Petrom's net income stood at around EUR 358 million (RON 1.52 billion) in the first half of the year, which is more than four times the profit it made during the same interval last year and almost double the net profit for the entire 2009.

Italian group UniCredit posted a gross profit of EUR 42 million in the first half of the year in Romania, down 15.5 percent compared to the same period of last year, according to the group's financial results.

A new group of 44 Peace Corps volunteers will start their two-year mission in Romania this summer, the US Embassy to Romania has announced. The volunteers will be sworn in on Friday, August 6, at the US Embassy in Bucharest.

Asociaţia Ovidiu Rom and the Ministry of Education, Research, Youth, and Sport (MECTS) are organizing contest among Romanian mayors to get every poor child in their communities in kindergarten this school year. The contest came as an idea from American actor Ethan Hawke

Nadia Comaneci is probably the most famous Romanian in the world, being the first gymnast to receive a perfect score of ten in an Olympic competition.

Star Storage, a company which specializes in data storage and information management, grew its turnover by 51 percent in the first half of the year, to EUR 7.8 million, compared to the first six months of last year. The company hopes to achieve an overall increase of 30 percent for the entire year, reaching EUR 18 million in turnover.

The unemployment level in Romania should stay at a stable rate towards the end of the year, said Romanian Labor Minister Mihai Seitan. “I don't expect an increase to a level higher than what it was in December lats year – 8.3 or 8.1. I can't give specific numbers, but anyway, it won't be higher than the level at the end of last year,” said Seitan.

Car dealer Romcar, part of Tiriac Holdings, which has previously sold Ford cars in Romania, will become a car parts distribution company for the TiriacAuto dealers network, according to Ziarul Financiar, quoting Alexandru Ion Tiriac.

Pambac Bacau, which produces bread and bakery products, has seen its profit shrinking by 25 percent in the first half of the year, as Romanians started to buy cheaper products.

Real estate developer Atrium European Real Estate has appointed Jorg Banzhaf as chief investment officer. Banzhaf will be responsible for the management and co-ordination of Atrium’s planned investment program as the Company continues to seek out opportunities for growth.