Low cost airline Blue Air will launch a direct flight connecting Romanian city of Bacau to Dublin from March next year, the company has announced. The price of a ticket on this route will start from EUR 29,99, taxes included.

*Euro goes up to RON 4.31, tension builds up again – in Ziarul Financiar
*Tuborg shareholders bring 46-year old Israeli to replace Shachar Shaine – in Ziarul Financiar
*Head of P&G is optimistic: he sees economic growth in spring – in Ziarul Financiar
*Number of Austrians who came to Romania in the first nine months grows by 0.6% to 139,000 people – in Ziarul Financiar

Romania ranks 151st out of 183 economies in the most recent PricewaterhouseCoopers and World Bank report Paying Taxes 2011. The country is down four places compared to last year.

Three people died and three others were injured on Tuesday in a blast on the Cincu shooting ground in Brasov county, central Romania. People close to the matter said the explosion occurred during a military drill, according to Mediafax newswire

The first Museum of waste in Europe was inaugurated on Tuesday, in Bucharest, at the initiative of the Center of Excellence for Sustainable Development (CEDD) and the Ministry of Environment and Forests, with the support of AFI Palace Cotroceni shopping center, where the museum is located.

Romania’s Senate adopted Tuesday with 45 to 31 votes and eight abstentions a draft law drawn up by ruling democrat liberals, which reduces the flat tax to 10%, from 16%.

Hezy Ovadia (in picture) is the new president of United Romanian Breweries Bereprod (URBB), replacing Shachar Shaine from January 2011. Shaine has been leading URBB for the last six years. Ovadia has been working in the FMCG sector and has 19 years of experience.

This week’s Romanian city is Targoviste, the former Wallachian capital and Royal Court located 80 km from the current Romanian capital Bucharest. It is a city where history springs from every corner, and its closeness to Bucharest makes it a great week-end escape destination.

The Romanian leu opened Tuesday’s session at 4.3 to the euro, close to Monday's closing levels, when it was trading at 4.297/4.299 to the euro.

Investment in research and development is one of the essential ingredients required to generate economic growth. EU funds are available for R&D activities as well, and Romania-Insider.com looks at the main features of the EU funds for research and development, as well as at several foreign investments in the Romanian R&D sector.

Low cost airline Blue Air will launch a direct flight connecting Romanian city of Bacau to Dublin from March next year, the company has announced. The price of a ticket on this route will start from EUR 29,99, taxes included.

*Euro goes up to RON 4.31, tension builds up again – in Ziarul Financiar
*Tuborg shareholders bring 46-year old Israeli to replace Shachar Shaine – in Ziarul Financiar
*Head of P&G is optimistic: he sees economic growth in spring – in Ziarul Financiar
*Number of Austrians who came to Romania in the first nine months grows by 0.6% to 139,000 people – in Ziarul Financiar

Romania ranks 151st out of 183 economies in the most recent PricewaterhouseCoopers and World Bank report Paying Taxes 2011. The country is down four places compared to last year.

Three people died and three others were injured on Tuesday in a blast on the Cincu shooting ground in Brasov county, central Romania. People close to the matter said the explosion occurred during a military drill, according to Mediafax newswire

The first Museum of waste in Europe was inaugurated on Tuesday, in Bucharest, at the initiative of the Center of Excellence for Sustainable Development (CEDD) and the Ministry of Environment and Forests, with the support of AFI Palace Cotroceni shopping center, where the museum is located.

Romania’s Senate adopted Tuesday with 45 to 31 votes and eight abstentions a draft law drawn up by ruling democrat liberals, which reduces the flat tax to 10%, from 16%.

Hezy Ovadia (in picture) is the new president of United Romanian Breweries Bereprod (URBB), replacing Shachar Shaine from January 2011. Shaine has been leading URBB for the last six years. Ovadia has been working in the FMCG sector and has 19 years of experience.

This week’s Romanian city is Targoviste, the former Wallachian capital and Royal Court located 80 km from the current Romanian capital Bucharest. It is a city where history springs from every corner, and its closeness to Bucharest makes it a great week-end escape destination.

The Romanian leu opened Tuesday’s session at 4.3 to the euro, close to Monday's closing levels, when it was trading at 4.297/4.299 to the euro.

Investment in research and development is one of the essential ingredients required to generate economic growth. EU funds are available for R&D activities as well, and Romania-Insider.com looks at the main features of the EU funds for research and development, as well as at several foreign investments in the Romanian R&D sector.