Romania’s electricity and gas prices will go up between 2013 and 2015, since the Government will eliminate regulated prices, in compliance with requests by the International Monetary Fund, Romanian Prime Minister Emil Boc said Monday.

About 35 percent of Romanians polled by website ivox.ro said they can spend EUR 300 to EUR 500 this year on holidays, while 19.37 percent said their 2011 holiday budget ranges between EUR 500 and EUR 1,000.

(Order of President of National Agency of Fiscal Administration no. 73 / 2011, published in the Official Gazette no. 89...

Heavy metal band Judas Priest will return to Romania for a concert on July 3 at Romexpo in capital city Bucharest, according to the band’s official website. The gig is part of the band's Epitaph tour, the last world tour in the band's 40-year career.

Romania's Central Bank BNR revised upward its forecast on the annual inflation to 3.6 percent at the end of 2011, from 3.4 percent previously, Romanian Central Bank governor Mugur Isarescu (in picture) said Monday. For 2012, the bank forecasts an annual rate of 3.2 percent, Isarescu said at the presentation of the quarterly inflation report.

Tomohiro Nakashima is the new general manager of Sony Romania, having replaced Taiju Ishikawa from the beginning of February. Nakashima, 38, is the country head Eastern Balkans & Romania, Sony Central and Southeast Europe and will also supervise the Romanian activities.

Romania's industrial output went up by 12 percent last year, mostly due to growth in the manufacturing industry, according to data from the National Statistics Institute. The mining industry took a nosedive of 5.3 percent last year on 2009.

Vulcan mountain resort in Romania, one of the newest such resorts in the country, has received a new cable car, part of a larger ski resort development program financed by the Tourism Ministry and the local city council. The cable car was however stuck during the inauguration ceremony last week-end, due to a broken sensor.

IT&C distribution company Asesoft Distribution posted a turnover of EUR 145 million in 2010 and hopes it will reach EUR 165 million in 2011, the company has announced. Last year's results reflected a 45 percent increase on the previous year. The company thus targets a 14 percent turnover increase on an IT&C distribution market which is expected to grow by 10 percent.

Romania’s Government will transfer a railway sector supervision body to the Competition Council from the Transport Ministry to avoid an infringement procedure from the European Union.

Romania’s electricity and gas prices will go up between 2013 and 2015, since the Government will eliminate regulated prices, in compliance with requests by the International Monetary Fund, Romanian Prime Minister Emil Boc said Monday.

About 35 percent of Romanians polled by website ivox.ro said they can spend EUR 300 to EUR 500 this year on holidays, while 19.37 percent said their 2011 holiday budget ranges between EUR 500 and EUR 1,000.

(Order of President of National Agency of Fiscal Administration no. 73 / 2011, published in the Official Gazette no. 89...

Heavy metal band Judas Priest will return to Romania for a concert on July 3 at Romexpo in capital city Bucharest, according to the band’s official website. The gig is part of the band's Epitaph tour, the last world tour in the band's 40-year career.

Romania's Central Bank BNR revised upward its forecast on the annual inflation to 3.6 percent at the end of 2011, from 3.4 percent previously, Romanian Central Bank governor Mugur Isarescu (in picture) said Monday. For 2012, the bank forecasts an annual rate of 3.2 percent, Isarescu said at the presentation of the quarterly inflation report.

Tomohiro Nakashima is the new general manager of Sony Romania, having replaced Taiju Ishikawa from the beginning of February. Nakashima, 38, is the country head Eastern Balkans & Romania, Sony Central and Southeast Europe and will also supervise the Romanian activities.

Romania's industrial output went up by 12 percent last year, mostly due to growth in the manufacturing industry, according to data from the National Statistics Institute. The mining industry took a nosedive of 5.3 percent last year on 2009.

Vulcan mountain resort in Romania, one of the newest such resorts in the country, has received a new cable car, part of a larger ski resort development program financed by the Tourism Ministry and the local city council. The cable car was however stuck during the inauguration ceremony last week-end, due to a broken sensor.

IT&C distribution company Asesoft Distribution posted a turnover of EUR 145 million in 2010 and hopes it will reach EUR 165 million in 2011, the company has announced. Last year's results reflected a 45 percent increase on the previous year. The company thus targets a 14 percent turnover increase on an IT&C distribution market which is expected to grow by 10 percent.

Romania’s Government will transfer a railway sector supervision body to the Competition Council from the Transport Ministry to avoid an infringement procedure from the European Union.