The EU structural funds absorption represents an opportunity to sustain economic growth and to reduce the development gap, which under the circumstances of international financial crisis becomes a new challenge for Romania. Romania-insider.com takes a look at the operational programs designed to improve the economic and social conditions in Romania.

Romanian writer Liliana Lazar was awarded the Prize of the five continents of Francophonie, on Friday, during a ceremony held at the Château de Chillon, Montreux (Switzerland), in the context of the 13th Congress of the Francophonie.

Calendar of events during the period October 25-28 in Bucharest: business conferences, press conferences, workshops

The Romanian Government approved a draft act which introduces a highway toll system alongside the existing road toll system, according to Mediafax newswire. The reason behind this decision is that the sums allotted from the state budget and from the country's public roads authority CNADNR are not enough to upkeep highways to be constructed with funds from the European Union.

Romanian gymnast Ana Porgras on Sunday won the gold medal on balance beam at the 2010 Artistic Gymnastics World Championship in Rotterdam, the Netherlands. Porgras scored a 15,366, the top mark of the day, which brought her gold at the balance beam finals, the first medal of Romania's delegation at the World Championship in Rotterdam.

The president of the European Court of Human Rights (ECHR) Jean-Paul Costa told the Senate that he found a positive attitude of the Romanian authorities to the ECHR decisions being put into effect.

Nearly 80,000 trade union members are expected on Wednesday October 27 to attend a meeting to be staged in Bucharest City by the five national trade union confederations, according to First Deputy Chairman of the BNS National Trade Union Bloc Ioan Pisc.

Calendar of events in Bucharest during the week-end: October 22-24.

*IMF asking for Oltchim and Cuprumin privatization in the new agreement, which also includes EU funding – in Ziarul Financiar
*Provident makes half a million euro in nine months – in Ziarul Financiar
*Goodyear Dunlop will open five Premio franchises by the end of the year – in Ziarul Financiar
*Patriciu's stores on wheels start selling in Bucharest – in Ziarul Financiar
*EC grants EUR 124 million for Arad- Timisoara highway – in Gandul

A Chinese – Romanian public- private partnership will fuel the development of a EUR 500 million production units for cellulose and paper at the Somes Dej factory in Cluj – Napoca county. Chinese company Avic International Holding will partner SCR Romania, the majority shareholder in Somes SA Dej. The Romanian company will have to invest EUR 150 million into the project.

The EU structural funds absorption represents an opportunity to sustain economic growth and to reduce the development gap, which under the circumstances of international financial crisis becomes a new challenge for Romania. Romania-insider.com takes a look at the operational programs designed to improve the economic and social conditions in Romania.

Romanian writer Liliana Lazar was awarded the Prize of the five continents of Francophonie, on Friday, during a ceremony held at the Château de Chillon, Montreux (Switzerland), in the context of the 13th Congress of the Francophonie.

Calendar of events during the period October 25-28 in Bucharest: business conferences, press conferences, workshops

The Romanian Government approved a draft act which introduces a highway toll system alongside the existing road toll system, according to Mediafax newswire. The reason behind this decision is that the sums allotted from the state budget and from the country's public roads authority CNADNR are not enough to upkeep highways to be constructed with funds from the European Union.

Romanian gymnast Ana Porgras on Sunday won the gold medal on balance beam at the 2010 Artistic Gymnastics World Championship in Rotterdam, the Netherlands. Porgras scored a 15,366, the top mark of the day, which brought her gold at the balance beam finals, the first medal of Romania's delegation at the World Championship in Rotterdam.

The president of the European Court of Human Rights (ECHR) Jean-Paul Costa told the Senate that he found a positive attitude of the Romanian authorities to the ECHR decisions being put into effect.

Nearly 80,000 trade union members are expected on Wednesday October 27 to attend a meeting to be staged in Bucharest City by the five national trade union confederations, according to First Deputy Chairman of the BNS National Trade Union Bloc Ioan Pisc.

Calendar of events in Bucharest during the week-end: October 22-24.

*IMF asking for Oltchim and Cuprumin privatization in the new agreement, which also includes EU funding – in Ziarul Financiar
*Provident makes half a million euro in nine months – in Ziarul Financiar
*Goodyear Dunlop will open five Premio franchises by the end of the year – in Ziarul Financiar
*Patriciu's stores on wheels start selling in Bucharest – in Ziarul Financiar
*EC grants EUR 124 million for Arad- Timisoara highway – in Gandul

A Chinese – Romanian public- private partnership will fuel the development of a EUR 500 million production units for cellulose and paper at the Somes Dej factory in Cluj – Napoca county. Chinese company Avic International Holding will partner SCR Romania, the majority shareholder in Somes SA Dej. The Romanian company will have to invest EUR 150 million into the project.