Franz Rattenstetter (in picture) returns to the helm of the five-star hotel Crown Plaza in Bucharest, after having headed the unit between 2001 and 2007. Rattenstetter is the new GM of the hotel in the portfolio of Ana Hotels, a company owned by Romanian businessman George Copos.

Murat Kazaz is the new CEO and executive board member of real estate developer Anchor Grup in Romania. The real estate company owns Bucuresti Mall, Plaza Romania shopping centers in Bucharest, the InCity Residence and the Anchor Plaza office building in Bucharest, as well as MallDova mall in Chisinau, the Republic of Moldova.

American company Yahoo will launch its e-mail service in Romanian and its Yahoo.ro page in Romania in March this year, according to Mihai Fanache, manager of Media Cafe, the company that sells advertising on Yahoo's websites in Romania, quoted by Romanian online publication Wall-street.ro.

The Third District City Hall in Bucharest will pay around EUR 2.4 million for the preservation, restoration and enhancement works of Eliad Culture House, a historic monument located on Mircea Voda Street. A company called S.C. Euroconex has been awarded the renovation contract.

The fourth edition of the B'Estfest music festival in Romania will take place between July 1 and 3 this year. The organizers have confirmed Pendulum and Skunk Anansie among the festival's headliners this year.

Romanian national gas transport company Transgaz made a profit of EUR 87.3 million last year, an increase of 23 percent on the previous year. The company's turnover advanced by 10.5 percent, to EUR 311.6 million.

Final Distribution, importer of construction materials from Gerard, Delta and Keylite, has opened a production line for gutters and downpipes in Baicoi, Prahova county. The value of the investment goes up to EUR 500,000, according to the company.

Romania wants to double the number of foreign tourists that visit it by 2015 compared to the numbers recorder in 2010, according to the Tourism Ministry’s strategy. According to the country's statistics institute, 1.3 million foreign tourists visited Romania last year, up 5.6 percent compared to 2009.

The Romanian Regional Development and Tourism Ministry will launch programs like “Guardian Angels” (Ingeri Pazitori), “We care” (Ne pasa) and “Romania welcomes you” (Romania iti ureaza bun venit), hoping to attract more tourists to the country. Such programs should start from 2012 and are part of the recently revealed marketing plan, which will cost EUR 118 million over the next four years.

Romania has put aside some EUR 118 million for its strategic and operational marketing plan until 2015 and plans to spend EUR 21.5 million this year alone on promoting the country as a tourist destination.

Franz Rattenstetter (in picture) returns to the helm of the five-star hotel Crown Plaza in Bucharest, after having headed the unit between 2001 and 2007. Rattenstetter is the new GM of the hotel in the portfolio of Ana Hotels, a company owned by Romanian businessman George Copos.

Murat Kazaz is the new CEO and executive board member of real estate developer Anchor Grup in Romania. The real estate company owns Bucuresti Mall, Plaza Romania shopping centers in Bucharest, the InCity Residence and the Anchor Plaza office building in Bucharest, as well as MallDova mall in Chisinau, the Republic of Moldova.

American company Yahoo will launch its e-mail service in Romanian and its Yahoo.ro page in Romania in March this year, according to Mihai Fanache, manager of Media Cafe, the company that sells advertising on Yahoo's websites in Romania, quoted by Romanian online publication Wall-street.ro.

The Third District City Hall in Bucharest will pay around EUR 2.4 million for the preservation, restoration and enhancement works of Eliad Culture House, a historic monument located on Mircea Voda Street. A company called S.C. Euroconex has been awarded the renovation contract.

The fourth edition of the B'Estfest music festival in Romania will take place between July 1 and 3 this year. The organizers have confirmed Pendulum and Skunk Anansie among the festival's headliners this year.

Romanian national gas transport company Transgaz made a profit of EUR 87.3 million last year, an increase of 23 percent on the previous year. The company's turnover advanced by 10.5 percent, to EUR 311.6 million.

Final Distribution, importer of construction materials from Gerard, Delta and Keylite, has opened a production line for gutters and downpipes in Baicoi, Prahova county. The value of the investment goes up to EUR 500,000, according to the company.

Romania wants to double the number of foreign tourists that visit it by 2015 compared to the numbers recorder in 2010, according to the Tourism Ministry’s strategy. According to the country's statistics institute, 1.3 million foreign tourists visited Romania last year, up 5.6 percent compared to 2009.

The Romanian Regional Development and Tourism Ministry will launch programs like “Guardian Angels” (Ingeri Pazitori), “We care” (Ne pasa) and “Romania welcomes you” (Romania iti ureaza bun venit), hoping to attract more tourists to the country. Such programs should start from 2012 and are part of the recently revealed marketing plan, which will cost EUR 118 million over the next four years.

Romania has put aside some EUR 118 million for its strategic and operational marketing plan until 2015 and plans to spend EUR 21.5 million this year alone on promoting the country as a tourist destination.