The current current minimum corporate tax will be replaced with a flat-rate tax that will be applied only in areas where...

Dorina Tiron, the head of the National Roads and Highways Company (CNADNR), has been laid off following the results of an activity control report initiated by the new Transport Minister Anca Boagiu.

Romania has received the third loan tranche from the European Commission, some EUR 1.2 billion on Wednesday. So far, Romania cashed in EUR 3.5 billion from the EUR 5 billion EC loan.

Romania will emerge from recession behind most other countries, as the crisis hit with a six-month delay, Prime Minister Emil Boc has said. The recession didn't affect Romania until the end of 2008, while most of the world economies were impacted earlier that year, Boc told a meeting with the Romanian community in New York.

Oil and gas company Petrom has partnered Hunt Oil Company Romania in jointly exploring the onshore areas Adjud and Urziceni East, according to Petrom.

*The Romanian state allows prices to be expressed in EUR, although the national currency is RON – in Ziarul Financiar
*Copos negotiates development of Ana Tower with GTC – in Ziarul Financiar
*New exit from real estate – Alejandro Solano leaves Hercesa after six years – in Ziarul Financiar
*Camelia Sucu closes down Natuzzi store in Unirii but plans re-opening in Pipera – in Ziarul Financiar
*Cristian Ionescu, Coface: Romania and Bulgaria have the lowest ratings in Europe – in Ziarul Financiar

Imagine there were a virus spreading across Europe that severely impeded young children’s intellectual and physical development. The disease was so debilitating that children afflicted by it could never hold responsible jobs or be productive members of society. They would have to be cared for by the state for life.

Rating agency Coface has left its sovereign rating on Romania unchanged at “B” in September, the lowest rating in central and eastern Europe, the agency said Wednesday. Romania and neighbor Bulgaria have been under "B" rating since June 2009.

The number of people tuning in to radio in Romania has dropped during the last period. The most listened station was Radio Zu, while Info Pro Radio has doubled its audience this summer, IMAS and Mercury Research shows in the latest Radio Audience Rating Research.

A Bucharest – Brasov 170 -kilometer memorial walk will be organized from September 28, over five days. The Alex Gradinaru Memorial Walk is being held in memory of 19-year old rugby player Alex Gradinaru, from Brasov, who has died from spinal injuries.

The current current minimum corporate tax will be replaced with a flat-rate tax that will be applied only in areas where...

Dorina Tiron, the head of the National Roads and Highways Company (CNADNR), has been laid off following the results of an activity control report initiated by the new Transport Minister Anca Boagiu.

Romania has received the third loan tranche from the European Commission, some EUR 1.2 billion on Wednesday. So far, Romania cashed in EUR 3.5 billion from the EUR 5 billion EC loan.

Romania will emerge from recession behind most other countries, as the crisis hit with a six-month delay, Prime Minister Emil Boc has said. The recession didn't affect Romania until the end of 2008, while most of the world economies were impacted earlier that year, Boc told a meeting with the Romanian community in New York.

Oil and gas company Petrom has partnered Hunt Oil Company Romania in jointly exploring the onshore areas Adjud and Urziceni East, according to Petrom.

*The Romanian state allows prices to be expressed in EUR, although the national currency is RON – in Ziarul Financiar
*Copos negotiates development of Ana Tower with GTC – in Ziarul Financiar
*New exit from real estate – Alejandro Solano leaves Hercesa after six years – in Ziarul Financiar
*Camelia Sucu closes down Natuzzi store in Unirii but plans re-opening in Pipera – in Ziarul Financiar
*Cristian Ionescu, Coface: Romania and Bulgaria have the lowest ratings in Europe – in Ziarul Financiar

Imagine there were a virus spreading across Europe that severely impeded young children’s intellectual and physical development. The disease was so debilitating that children afflicted by it could never hold responsible jobs or be productive members of society. They would have to be cared for by the state for life.

Rating agency Coface has left its sovereign rating on Romania unchanged at “B” in September, the lowest rating in central and eastern Europe, the agency said Wednesday. Romania and neighbor Bulgaria have been under "B" rating since June 2009.

The number of people tuning in to radio in Romania has dropped during the last period. The most listened station was Radio Zu, while Info Pro Radio has doubled its audience this summer, IMAS and Mercury Research shows in the latest Radio Audience Rating Research.

A Bucharest – Brasov 170 -kilometer memorial walk will be organized from September 28, over five days. The Alex Gradinaru Memorial Walk is being held in memory of 19-year old rugby player Alex Gradinaru, from Brasov, who has died from spinal injuries.