Romanian investor Dinu Patriciu and journalist Sorin Rosca Stanescu have recently launched an online bookstore under the brand Corect Books, which will sell only digital books. The investment in the project was of EUR 100,000, but will reach EUR 2 million for a wider project which includes a media portal as well.

Bogdan Speteanu is the new general manager of BCR Leasing non-banking financial institution. Speteanu has previously worked as program director with Erste Group in Vienna. He has replaced Thomas Tolazzi.

Romanians have sent money back home from 170 countries in the world, according to Western Union. The remittances are higher in the countries where the Romanian communities are bigger – in Europe, in the US and even in the Persian Golf.

The Romanian Central Bank governor Mugur Isarescu believes Romania no longer needs a new financial agreement with the International Monetary Fund (IMF).

*IMF: Romania needs EUR 38 billion next year – in Ziarul Financiar
*Kazakhs now want state's shares in Petromidia – in Ziarul Financiar
*EUR 10,000 from the state for young people who want to start businesses – in Ziarul Financiar
*Hornbach opens the Prisma store by the end of the year – in Ziarul Financiar
*IMF money move BNR's reserves up to EUR 32.6 billion in September – in Gandul

The Nobel Prize – which will announce its 2010 winners from October 4 – went to only three Romanian-born so far. However...

A new edition of the Spanish Movie Days will take place in Bucharest from October 8 at Cinema Studio in Bucharest. Movie lovers will be able to watch 11 Spanish and South American movies during the week long festival.

MONDAY, October 4

09,00 hours Time Management – conference at the Novotel Hotel, 37 B Calea Victoriei

TUESDAY, October...

A recent article published by Reuters newswire points out to a trend that has been catching in Romania: local company owners prefer to incorporate their business in neighboring Bulgaria, where the Government has implemented measures which help companies weather the crisis, rather than continuing to pay taxes in their home country.

Romanian foreign exchange (forex) reserves rose by EUR 1 billion on the month to EUR 32.58 billion in September, boosted by money from the International Monetary Fund and the European Commission, the Romanian Central Bank (BNR) said Friday. End-August, hard currency reserves reached EUR 31.55 billion.

Romanian investor Dinu Patriciu and journalist Sorin Rosca Stanescu have recently launched an online bookstore under the brand Corect Books, which will sell only digital books. The investment in the project was of EUR 100,000, but will reach EUR 2 million for a wider project which includes a media portal as well.

Bogdan Speteanu is the new general manager of BCR Leasing non-banking financial institution. Speteanu has previously worked as program director with Erste Group in Vienna. He has replaced Thomas Tolazzi.

Romanians have sent money back home from 170 countries in the world, according to Western Union. The remittances are higher in the countries where the Romanian communities are bigger – in Europe, in the US and even in the Persian Golf.

The Romanian Central Bank governor Mugur Isarescu believes Romania no longer needs a new financial agreement with the International Monetary Fund (IMF).

*IMF: Romania needs EUR 38 billion next year – in Ziarul Financiar
*Kazakhs now want state's shares in Petromidia – in Ziarul Financiar
*EUR 10,000 from the state for young people who want to start businesses – in Ziarul Financiar
*Hornbach opens the Prisma store by the end of the year – in Ziarul Financiar
*IMF money move BNR's reserves up to EUR 32.6 billion in September – in Gandul

The Nobel Prize – which will announce its 2010 winners from October 4 – went to only three Romanian-born so far. However...

A new edition of the Spanish Movie Days will take place in Bucharest from October 8 at Cinema Studio in Bucharest. Movie lovers will be able to watch 11 Spanish and South American movies during the week long festival.

MONDAY, October 4

09,00 hours Time Management – conference at the Novotel Hotel, 37 B Calea Victoriei

TUESDAY, October...

A recent article published by Reuters newswire points out to a trend that has been catching in Romania: local company owners prefer to incorporate their business in neighboring Bulgaria, where the Government has implemented measures which help companies weather the crisis, rather than continuing to pay taxes in their home country.

Romanian foreign exchange (forex) reserves rose by EUR 1 billion on the month to EUR 32.58 billion in September, boosted by money from the International Monetary Fund and the European Commission, the Romanian Central Bank (BNR) said Friday. End-August, hard currency reserves reached EUR 31.55 billion.