Romania’s Constitutional Court on Tuesday cleared a government emergency decree issued in 2009 that raised taxes on gambling and the minimal value of share capital required for a gambling license. The Court was called to rule on an exception of unconstitutionality raised during a trial by the Romanian Gambling Association.

Romania's Transport Ministry will invest EUR 18.8 million in upgrading the road infrastructure around the Dacia-Groupe Renault factory and the Renault Technologie Roumanie center. The ministry will built four lanes on 4.1 kilometers of national road DN 73 and on a connection road DN 73D.

The World Bank is prepared to offer Romania technical and financial assistance for its planned follow-up deal with the International Monetary Fund and the European Commission, much like it did when the initial bailout package was signed two years ago, a World Bank official said Tuesday.

General Electric (GE) will supply 14 win turbines for Monsson Alma's wind projects in Romania totaling 35 MW. GE will supply 10 turbines for the company's wind park project Silistea 1 and four wind turbines for its project Mireasa 2.

Citibank has installed an ATM which allows users to withdraw both RON and EUR. The ATM is located in the bank's branch in Baneasa Shopping City mall, north of capital city Bucharest.

Romanian IT&C company Asesoft Distribution's own brand, Serioux, was the best sold of its products, with USD 10 million in sales last year, according to the company. Asesoft hopes to grow sales to USD 14 million for this brand in 2011 according to Razvan Ziemba (in picture), the company's general manager.

Romanians who will take out loans within the “First Home” state backed lending program must guarantee their loan with their current account and can file currency swap requests, according to the explanatory note to a Government decision which amends the norms implementing the program.

Address: 2 Stefan Dumitru St., Old Tow

This restaurant is named after Sergiu Malagamba, the Moldovan Jazz drummer from the 1940′s and if Malagamba were still alive, I feel he would be proud to lend his name to this new establishment.

Mark Mobius (in picture), the executive president of Templeton Emerging Markets Group, said he expects a long process to recover the recently debated donation from Romgaz to the Romanian state, but Franklin Templeton will take all the measures to recover the money.

Enel Green Power's new wind park in Dobrogea area of Romania has become functional and will produce an estimated 85.5 million KWh a year. The Salbatica wind park, located near Tulcea, in North Dobrogea, will cover the power demand of 29.000 households.

Romania’s Constitutional Court on Tuesday cleared a government emergency decree issued in 2009 that raised taxes on gambling and the minimal value of share capital required for a gambling license. The Court was called to rule on an exception of unconstitutionality raised during a trial by the Romanian Gambling Association.

Romania's Transport Ministry will invest EUR 18.8 million in upgrading the road infrastructure around the Dacia-Groupe Renault factory and the Renault Technologie Roumanie center. The ministry will built four lanes on 4.1 kilometers of national road DN 73 and on a connection road DN 73D.

The World Bank is prepared to offer Romania technical and financial assistance for its planned follow-up deal with the International Monetary Fund and the European Commission, much like it did when the initial bailout package was signed two years ago, a World Bank official said Tuesday.

General Electric (GE) will supply 14 win turbines for Monsson Alma's wind projects in Romania totaling 35 MW. GE will supply 10 turbines for the company's wind park project Silistea 1 and four wind turbines for its project Mireasa 2.

Citibank has installed an ATM which allows users to withdraw both RON and EUR. The ATM is located in the bank's branch in Baneasa Shopping City mall, north of capital city Bucharest.

Romanian IT&C company Asesoft Distribution's own brand, Serioux, was the best sold of its products, with USD 10 million in sales last year, according to the company. Asesoft hopes to grow sales to USD 14 million for this brand in 2011 according to Razvan Ziemba (in picture), the company's general manager.

Romanians who will take out loans within the “First Home” state backed lending program must guarantee their loan with their current account and can file currency swap requests, according to the explanatory note to a Government decision which amends the norms implementing the program.

Address: 2 Stefan Dumitru St., Old Tow

This restaurant is named after Sergiu Malagamba, the Moldovan Jazz drummer from the 1940′s and if Malagamba were still alive, I feel he would be proud to lend his name to this new establishment.

Mark Mobius (in picture), the executive president of Templeton Emerging Markets Group, said he expects a long process to recover the recently debated donation from Romgaz to the Romanian state, but Franklin Templeton will take all the measures to recover the money.

Enel Green Power's new wind park in Dobrogea area of Romania has become functional and will produce an estimated 85.5 million KWh a year. The Salbatica wind park, located near Tulcea, in North Dobrogea, will cover the power demand of 29.000 households.