The first mono brand Gucci store in Bucharest will be opened by mid December this year, despite initial rumors of a possible delay, according to CPP Luxury Industry Management Consultants. The Gucci store will be located on the ground floor of the five – star hotel Athenee Palace Hilton and will cover 280 sqm. The retail area in the hotel has recently underwent renovation.

The Millenium Cross monument in Charles de Gaulle Plaza in Bucharest will be moved to make room for the underground passage which will be build in the area. The passage will cost EUR 58 million for 1,400 meters of road.

Romanian band Vama has launched a song called Sarkozy versus Gypsy, inspired by the Rroma deportation saga which took place this summer, when hundreds of Roma people were sent back to Romania and Bulgaria from France.

As we are about to enter the party season, we are looking at the greatest party drink of them all – Champagne! It is very interesting how people’s perception of the French fizz has changed over the past 30 years. Once it was considered something only for special occasions like Christmas, birthdays and weddings. The reason for the change in attitude is that Champagne prices have barely increased in recent years, whereas increased wealth makes it relatively more affordable.

Romania's Government will introduce a financial incentive package to encourage purchases of electric cars through an "ecologic bonus" for consumers and through tax deductions or state aid for producers.

Polyurethane foams and hotmelt producer Den Braven Romania posted EUR 33.7 million in turnover in the first ten months of the year, up 30 percent on the same period last year. The company already exceeded the entire sales volume for 2009, which stood at EUR 30.8 million and which was on a downwards trend compared to 2008. For the entire 2010, the company expects a EUR 37 million turnover.

Car sales in Romania will reach 96,000 units by yer-end and will grow by 7 percent in 2011, to 103,000 units, according to Henrik Nenzen, the general manager of the Ford National Sales Company in Romania.

City Compass will launch the 2011 Bucharest, Romania and Beyond Guide in English on November 25, starting 19,00 hours, at the Grano – Italian Fine Food (40 Putul lui Zamfir St.).

The Romanian Government has recently approved a program meant to modernize 10,000 km of national and local roads, connect villages to water and sewage systems and modernize the rural areas in Romania, the Regional Development and Tourism Ministry has announced. The program will take place between 2011 and 2020.

Telecom operator Cosmote Romania will bring the iPhone 4 to Romania in the following period, the company has announced, without mentioning the exact date of the launch. Cosmote is the third operator on the Romanian market to announce it will sell the iPhone 4 locally, after Orange Romania and Vodafone Romania. Orange actually launched the iPhone 4 in Romania on September 24, and Vodafone has recently said it will bring the terminal to Romania by Christmas.

The first mono brand Gucci store in Bucharest will be opened by mid December this year, despite initial rumors of a possible delay, according to CPP Luxury Industry Management Consultants. The Gucci store will be located on the ground floor of the five – star hotel Athenee Palace Hilton and will cover 280 sqm. The retail area in the hotel has recently underwent renovation.

The Millenium Cross monument in Charles de Gaulle Plaza in Bucharest will be moved to make room for the underground passage which will be build in the area. The passage will cost EUR 58 million for 1,400 meters of road.

Romanian band Vama has launched a song called Sarkozy versus Gypsy, inspired by the Rroma deportation saga which took place this summer, when hundreds of Roma people were sent back to Romania and Bulgaria from France.

As we are about to enter the party season, we are looking at the greatest party drink of them all – Champagne! It is very interesting how people’s perception of the French fizz has changed over the past 30 years. Once it was considered something only for special occasions like Christmas, birthdays and weddings. The reason for the change in attitude is that Champagne prices have barely increased in recent years, whereas increased wealth makes it relatively more affordable.

Romania's Government will introduce a financial incentive package to encourage purchases of electric cars through an "ecologic bonus" for consumers and through tax deductions or state aid for producers.

Polyurethane foams and hotmelt producer Den Braven Romania posted EUR 33.7 million in turnover in the first ten months of the year, up 30 percent on the same period last year. The company already exceeded the entire sales volume for 2009, which stood at EUR 30.8 million and which was on a downwards trend compared to 2008. For the entire 2010, the company expects a EUR 37 million turnover.

Car sales in Romania will reach 96,000 units by yer-end and will grow by 7 percent in 2011, to 103,000 units, according to Henrik Nenzen, the general manager of the Ford National Sales Company in Romania.

City Compass will launch the 2011 Bucharest, Romania and Beyond Guide in English on November 25, starting 19,00 hours, at the Grano – Italian Fine Food (40 Putul lui Zamfir St.).

The Romanian Government has recently approved a program meant to modernize 10,000 km of national and local roads, connect villages to water and sewage systems and modernize the rural areas in Romania, the Regional Development and Tourism Ministry has announced. The program will take place between 2011 and 2020.

Telecom operator Cosmote Romania will bring the iPhone 4 to Romania in the following period, the company has announced, without mentioning the exact date of the launch. Cosmote is the third operator on the Romanian market to announce it will sell the iPhone 4 locally, after Orange Romania and Vodafone Romania. Orange actually launched the iPhone 4 in Romania on September 24, and Vodafone has recently said it will bring the terminal to Romania by Christmas.