RBS Romania will move its headquarters to a 8,700 sqm space in Lake View office building on Barbu Vacarescu boulevard at the beginning of November. The bank will occupy the ground floor of the building, where it will have a branch, as well as the first three floors of the office building, according to its representatives

*ButanGas invests EUR 44 million in wind projects – in Ziarul Financiar
*Hidroelectrica has a EUR 3 billion investment plan for 5-7 years – in Ziarul Financiar
*Owner of Zara brings construction company to Romania – in Ziarul Financiar
*Mobius about energy giants: If they do not generate added value, we're not interested in them – in Ziarul Financiar
*Romanian Brewers: Crisis and rain trigger 10% beer sales drop in H1 – in Ziarul Financiar

The Swiss franc – Romanian leu exchange rate reached a peak of RON 3.35 per franc on Wednesday, after the Swiss currency has continuously appreciated throughout the year. The Romanian currency depreciated by 18 percent against the Swiss franc compared to January this year.

The Romanian Senate has OKed the new law on consumer credit contracts, which removes the early repayment fee for loans with floating interest rate. The ordinance transposes a a European Directive in Romanian legislation.

Romanian beer sales dropped by 11 percent in the first half of the year, compared to the same interval in 2009, to about eight million hectoliters, accordin

Traditional Japanese drums (Taiko) performer Eitetsu Hayashi will hold a concert in Bucharest on October 20, 19,00 hours, together with the George Enescu orchestra at the Sala Palatului hall in Bucharest. A second show will follow in Sibiu, on October 23. Hayashi will perform compositions of George Enescu, Ciprian Porumbescu, Béla Bartók, Doru Popovici, Tiberiu Olah and Grigoras Dinicu.

'I have noticed that as far as the rise in the VAT is concerned, VAT tax collection in the first month of its implementation was 25 percent higher than in the months before. This could be a positive signal, but we have to wait and see how things evolve.

Romanian film Passo Doble (Pas Dublu), directed by Dan Pita, will be screened at the Romanian Cultural Institute in London on September 23 starting 7pm. The film, in Romania with English subtitles, features actors Claudiu Bleont, Petre Nicolae, Anda Onesa, Ecaterina Nazare.

For the third consecutive year, Romania will take part in The Mayor's Thames Festival, with a traditional stand and a series of live acts organized by the Romanian Cultural Institute in London. The event will take place on September 11 and 12, between 12 noon and 10pm, on the South Bank riverside walkway, from Westminster Bridge to Tower Bridge. Admission is free.

Seven established and upcoming Romanian designers will present for the first time their latest collections in London, during the Fashion Week. Agnes Toma, Carmen Secareanu, Cristhelen B., Cristian Samfira, Diana Nita, Iris Serban and Vika Gorencu will showcase their creations at the Romanian Cultural Institute in London.

RBS Romania will move its headquarters to a 8,700 sqm space in Lake View office building on Barbu Vacarescu boulevard at the beginning of November. The bank will occupy the ground floor of the building, where it will have a branch, as well as the first three floors of the office building, according to its representatives

*ButanGas invests EUR 44 million in wind projects – in Ziarul Financiar
*Hidroelectrica has a EUR 3 billion investment plan for 5-7 years – in Ziarul Financiar
*Owner of Zara brings construction company to Romania – in Ziarul Financiar
*Mobius about energy giants: If they do not generate added value, we're not interested in them – in Ziarul Financiar
*Romanian Brewers: Crisis and rain trigger 10% beer sales drop in H1 – in Ziarul Financiar

The Swiss franc – Romanian leu exchange rate reached a peak of RON 3.35 per franc on Wednesday, after the Swiss currency has continuously appreciated throughout the year. The Romanian currency depreciated by 18 percent against the Swiss franc compared to January this year.

The Romanian Senate has OKed the new law on consumer credit contracts, which removes the early repayment fee for loans with floating interest rate. The ordinance transposes a a European Directive in Romanian legislation.

Romanian beer sales dropped by 11 percent in the first half of the year, compared to the same interval in 2009, to about eight million hectoliters, accordin

Traditional Japanese drums (Taiko) performer Eitetsu Hayashi will hold a concert in Bucharest on October 20, 19,00 hours, together with the George Enescu orchestra at the Sala Palatului hall in Bucharest. A second show will follow in Sibiu, on October 23. Hayashi will perform compositions of George Enescu, Ciprian Porumbescu, Béla Bartók, Doru Popovici, Tiberiu Olah and Grigoras Dinicu.

'I have noticed that as far as the rise in the VAT is concerned, VAT tax collection in the first month of its implementation was 25 percent higher than in the months before. This could be a positive signal, but we have to wait and see how things evolve.

Romanian film Passo Doble (Pas Dublu), directed by Dan Pita, will be screened at the Romanian Cultural Institute in London on September 23 starting 7pm. The film, in Romania with English subtitles, features actors Claudiu Bleont, Petre Nicolae, Anda Onesa, Ecaterina Nazare.

For the third consecutive year, Romania will take part in The Mayor's Thames Festival, with a traditional stand and a series of live acts organized by the Romanian Cultural Institute in London. The event will take place on September 11 and 12, between 12 noon and 10pm, on the South Bank riverside walkway, from Westminster Bridge to Tower Bridge. Admission is free.

Seven established and upcoming Romanian designers will present for the first time their latest collections in London, during the Fashion Week. Agnes Toma, Carmen Secareanu, Cristhelen B., Cristian Samfira, Diana Nita, Iris Serban and Vika Gorencu will showcase their creations at the Romanian Cultural Institute in London.