*National Bank officials about the possibility to exit crisis: the budget adjustment is just the start of reforms – in Ziarul Financiar
*Patriciu wants to invest EUR 100 million in putting Mic.ro on wheels – in Ziarul Financiar
*Astra profit grows four times in nine months to EUR 4.3 million – in Ziarul Financiar
*Ardaf won EUR 2.6 million but its business dropped 23 percent – in Ziarul Financiar
*BCR Life Insurance sees business up 37 percent – in Ziarul Financiar

The use of renewable energy sources, the increase in energy efficiency and a clean and safe energy infrastructure are all challenges that once accomplished might boost Romanian productivity and thus competitiveness. Romania-insider.com looks at the structural funds for economic competitiveness and at the companies that got them.

Calendar of events for the period November 15-18; business events, workshops, press conferences, exhibitions

The Romanian gross domestic product (GDP) contracted by 0.7 percent in the third quarter of this year from the second and it dropped by 2.3 percent from January to September, according to the National Institute of Statistics. The Romanian GDP in the third quarter shrank by 2.5 percent in gross series compared to July-Sept. of 2009 and by 2.3 percent by seasonally adjusted series.

Romanian Prime Minister Emil Boc and Transport Minister Anca Boagiu on Saturday cut the ribbon to open a new ten-kilometer section of the Transylvania Highway between Turda and Campia Turzii in northwestern Romania. Boc then got behind the wheel to test the road together with the transport minister.

Romania won the women's team epee world title Friday at the Fencing World Championship in Paris, France. Romania's Anca Maroiu, Simona Alexandru and Ana Branza won 35-26 against Germany in the final.

The Bucharest City Hall has started demolishing the old houses on the Buzesti boulevard in the capital city to expand the boulevard. The first houses – on the right side of the boulevard, coming from Victoriei Square to Vasile Parvan – were demolished on Thursday night and 87 houses in total will be knocked down to make room for the extension.

The National Bank of Romania (BNR) will issue a gold coin celebrating the anniversary of 135 years since the birth of Queen Marie of Romania. The coin will be available from November 15.

Two tourism associations, APDT Brasov and Association Monteoru Renaissance have recently launched the Carpathian Tourism Cluster Romania, a network of regional and national stakeholders in the Romanian tourism industry. The aim of this cluster is to support sustainable tourism development and create additional value for the tourism industry in region of the Carpathian Mountains. Members of the cluster are tourism development associations, NGOs, local and national authorities, tour operators, travel agencies, tourism guides, event agencies, suppliers of the tourism industry and service and consulting companies.

Address: Strada Benjamin Franklin Nr. 14

Phone: +40 (0)741 123 098

Web: www.fourteen.ro

Fourteen is an...

*National Bank officials about the possibility to exit crisis: the budget adjustment is just the start of reforms – in Ziarul Financiar
*Patriciu wants to invest EUR 100 million in putting Mic.ro on wheels – in Ziarul Financiar
*Astra profit grows four times in nine months to EUR 4.3 million – in Ziarul Financiar
*Ardaf won EUR 2.6 million but its business dropped 23 percent – in Ziarul Financiar
*BCR Life Insurance sees business up 37 percent – in Ziarul Financiar

The use of renewable energy sources, the increase in energy efficiency and a clean and safe energy infrastructure are all challenges that once accomplished might boost Romanian productivity and thus competitiveness. Romania-insider.com looks at the structural funds for economic competitiveness and at the companies that got them.

Calendar of events for the period November 15-18; business events, workshops, press conferences, exhibitions

The Romanian gross domestic product (GDP) contracted by 0.7 percent in the third quarter of this year from the second and it dropped by 2.3 percent from January to September, according to the National Institute of Statistics. The Romanian GDP in the third quarter shrank by 2.5 percent in gross series compared to July-Sept. of 2009 and by 2.3 percent by seasonally adjusted series.

Romanian Prime Minister Emil Boc and Transport Minister Anca Boagiu on Saturday cut the ribbon to open a new ten-kilometer section of the Transylvania Highway between Turda and Campia Turzii in northwestern Romania. Boc then got behind the wheel to test the road together with the transport minister.

Romania won the women's team epee world title Friday at the Fencing World Championship in Paris, France. Romania's Anca Maroiu, Simona Alexandru and Ana Branza won 35-26 against Germany in the final.

The Bucharest City Hall has started demolishing the old houses on the Buzesti boulevard in the capital city to expand the boulevard. The first houses – on the right side of the boulevard, coming from Victoriei Square to Vasile Parvan – were demolished on Thursday night and 87 houses in total will be knocked down to make room for the extension.

The National Bank of Romania (BNR) will issue a gold coin celebrating the anniversary of 135 years since the birth of Queen Marie of Romania. The coin will be available from November 15.

Two tourism associations, APDT Brasov and Association Monteoru Renaissance have recently launched the Carpathian Tourism Cluster Romania, a network of regional and national stakeholders in the Romanian tourism industry. The aim of this cluster is to support sustainable tourism development and create additional value for the tourism industry in region of the Carpathian Mountains. Members of the cluster are tourism development associations, NGOs, local and national authorities, tour operators, travel agencies, tourism guides, event agencies, suppliers of the tourism industry and service and consulting companies.

Address: Strada Benjamin Franklin Nr. 14

Phone: +40 (0)741 123 098

Web: www.fourteen.ro

Fourteen is an...