Romanian drivers will not be obliged to equip their vehicles with snow tires this winter. The measure will be implemented starting November 2011. Romanian Transport Minister Anca Boagiu said Thursday drivers who will cause accidents or block streets because their cars are not properly equipped will be fined and will be compelled to cover road-clearing costs if they get snowed in.

Yet another week-end full of events in Bucharest, so again plenty of things to choose from if you're staying in the capital city. There's the Damian Draghici concert coming up on Friday evening, the Sex Pistol Experience (in picture) event on Saturday- both of them not to miss. The Mono Jacks, the Logistics concerts and two tribute events, for Michael Jackson and for U2 will fill your week-end evenings. During the day, you can choose the Earth Market - traditional, healthy products - or Kilipirim - the bargains fair.

See the list of events below. Whatever you choose, we hope you'll enjoy it. Maybe you could also drop us a line to tell us about the events you attended.

Several companies announced their financial results yesterday and the Romanian media was quick to capture them: A&D Pharma, Rompetrol Rafinare, Ranbaxy, Edy International Spedition. Most of them posted positive results, which trigger hopes of growth for the future too. Meanwhile, a new real estate investment was announced: the Electroputere shopping center in Craiova, which will include an Auchan hypermarket and several other retail brands from the portfolio owned by billionaire family Mulliez, writes the local media. Read more headlines from the Romanian and international media.

Movies opening this week-end:

Unstoppable (trailer below)

with Denzel Washington, Chris Pine

On at: Movieplex...

Omar Hayssam, convicted of terrorism in Romania, is currently in a Syrian prison, said Syrian President Bashar al-Assad in an interview with daily newspaper "Adevarul," adding the two states will discuss a further course of action once Hayssam has served his sentence. The Syrian President also said that the issue is not political, but judicial.

More than half of Romanians struggle to pay their bills and almost one in four is in debt, according to the population confidence index measured by the Consumer Confidence Barometer developed by market research firm GfK. However, the confidence index has increased slightly from previous months.

Romanian movie 'The medal of honor' (Medalia de onoare), which features former Romanian president Ion Iliescu playing his own character, will be screened in Bucharest cinemas starting Friday, November 12. The premiere screening will take place at the Studio Cinema in Bucharest from 20,00 hours.

Real estate developer K&S Developments, owned by investors Kris Carton and Steven Van Den Bossche, will open the Electroputere Parc shopping center in Craiova in the second half of next year. The shopping center will feature an Auchan unit, the French retailer has announced. The new shopping center will be built on 12 hectares of land on the Electroputere Craiova industrial platform, owned by Al Arrab.

Romania has set a too optimistic target in joining the Eurozone in 2015, according to Peter Sanfey, chief economist with the European Bank for Reconstruction and Development (EBRD).

Local transport company edy International Spedition posted EUR 49 million in revenues for the first nine months of the year, up 25 percent on the same period last year. This is above the market increase level and was triggered by the increase in volumes and by the optimization measures taken by the company, according to edy International Spedition.

Romanian drivers will not be obliged to equip their vehicles with snow tires this winter. The measure will be implemented starting November 2011. Romanian Transport Minister Anca Boagiu said Thursday drivers who will cause accidents or block streets because their cars are not properly equipped will be fined and will be compelled to cover road-clearing costs if they get snowed in.

Yet another week-end full of events in Bucharest, so again plenty of things to choose from if you're staying in the capital city. There's the Damian Draghici concert coming up on Friday evening, the Sex Pistol Experience (in picture) event on Saturday- both of them not to miss. The Mono Jacks, the Logistics concerts and two tribute events, for Michael Jackson and for U2 will fill your week-end evenings. During the day, you can choose the Earth Market - traditional, healthy products - or Kilipirim - the bargains fair.

See the list of events below. Whatever you choose, we hope you'll enjoy it. Maybe you could also drop us a line to tell us about the events you attended.

Several companies announced their financial results yesterday and the Romanian media was quick to capture them: A&D Pharma, Rompetrol Rafinare, Ranbaxy, Edy International Spedition. Most of them posted positive results, which trigger hopes of growth for the future too. Meanwhile, a new real estate investment was announced: the Electroputere shopping center in Craiova, which will include an Auchan hypermarket and several other retail brands from the portfolio owned by billionaire family Mulliez, writes the local media. Read more headlines from the Romanian and international media.

Movies opening this week-end:

Unstoppable (trailer below)

with Denzel Washington, Chris Pine

On at: Movieplex...

Omar Hayssam, convicted of terrorism in Romania, is currently in a Syrian prison, said Syrian President Bashar al-Assad in an interview with daily newspaper "Adevarul," adding the two states will discuss a further course of action once Hayssam has served his sentence. The Syrian President also said that the issue is not political, but judicial.

More than half of Romanians struggle to pay their bills and almost one in four is in debt, according to the population confidence index measured by the Consumer Confidence Barometer developed by market research firm GfK. However, the confidence index has increased slightly from previous months.

Romanian movie 'The medal of honor' (Medalia de onoare), which features former Romanian president Ion Iliescu playing his own character, will be screened in Bucharest cinemas starting Friday, November 12. The premiere screening will take place at the Studio Cinema in Bucharest from 20,00 hours.

Real estate developer K&S Developments, owned by investors Kris Carton and Steven Van Den Bossche, will open the Electroputere Parc shopping center in Craiova in the second half of next year. The shopping center will feature an Auchan unit, the French retailer has announced. The new shopping center will be built on 12 hectares of land on the Electroputere Craiova industrial platform, owned by Al Arrab.

Romania has set a too optimistic target in joining the Eurozone in 2015, according to Peter Sanfey, chief economist with the European Bank for Reconstruction and Development (EBRD).

Local transport company edy International Spedition posted EUR 49 million in revenues for the first nine months of the year, up 25 percent on the same period last year. This is above the market increase level and was triggered by the increase in volumes and by the optimization measures taken by the company, according to edy International Spedition.