22 November 2010

The Romanian Government approved the second budget revision this year, Prime Minister Emil Boc announced Monday. According to the revision draft, the budget revenue and expenditure estimates for this year were slightly raised, to EUR 38 billion and EUR 46.7 billion, respectively.

22 November 2010

*Finance Ministry has to raise EUR 1 billion from banks on Thursday – in Ziarul Financiar
*Only 14% of Romanian got a holiday during July – September – in Ziarul Financiar
*OTP lost EUR 7 million in the third quarter. Pressure moves to mortgage loans – in Ziarul Financiar
*Sanofi- Aventis, close to finalizing move of ten products to Bucharest. Exports start in in February – March – in Ziarul Financiar
*Romanians spend EUR 100 million a year on construction tools – in Ziarul Financiar

21 November 2010

A collection of art pieces made by Constantin Brancusi, which belonged to artists Nicoleta Dumitrescu and Alexandru Istrati, will be auctioned in Paris on November 30. The collection is estimated to be worth between EUR 1.5 million and EUR 2 million. The collection includes three sculptures, 20 furniture pieces and objects made by or transformed by Brancusi for his daily use, along with some of his personal items.

20 November 2010

Works on the underground car park in Universitate area in Bucharest have been slowed down by the discovery of 300 years old ruins, believed to be the premises of the Sfantu Sava Academy. Archeologists have been granted permission to unearth the ruins, but the Bucharest City Hall, which works on building the car park, says this will not affect the entire project, as they could incorporate the ruins into the car park.

22 November 2010

The Romanian Government approved the second budget revision this year, Prime Minister Emil Boc announced Monday. According to the revision draft, the budget revenue and expenditure estimates for this year were slightly raised, to EUR 38 billion and EUR 46.7 billion, respectively.

22 November 2010

*Finance Ministry has to raise EUR 1 billion from banks on Thursday – in Ziarul Financiar
*Only 14% of Romanian got a holiday during July – September – in Ziarul Financiar
*OTP lost EUR 7 million in the third quarter. Pressure moves to mortgage loans – in Ziarul Financiar
*Sanofi- Aventis, close to finalizing move of ten products to Bucharest. Exports start in in February – March – in Ziarul Financiar
*Romanians spend EUR 100 million a year on construction tools – in Ziarul Financiar

21 November 2010

A collection of art pieces made by Constantin Brancusi, which belonged to artists Nicoleta Dumitrescu and Alexandru Istrati, will be auctioned in Paris on November 30. The collection is estimated to be worth between EUR 1.5 million and EUR 2 million. The collection includes three sculptures, 20 furniture pieces and objects made by or transformed by Brancusi for his daily use, along with some of his personal items.

20 November 2010

Works on the underground car park in Universitate area in Bucharest have been slowed down by the discovery of 300 years old ruins, believed to be the premises of the Sfantu Sava Academy. Archeologists have been granted permission to unearth the ruins, but the Bucharest City Hall, which works on building the car park, says this will not affect the entire project, as they could incorporate the ruins into the car park.

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