15 July 2010

The tourist information touch screens, which have been installed in the Universitate passage earlier this year but have stayed in their factory wrapping every since are finally functional and have attracted tourists and locals alike. The multimedia equipments installed by the Bucharest City Hall in the passage include the touch screens, as well as interactive areas on the floor.

15 July 2010

Romanian media Retailers realize consumption revival is not without massive price cuts – in Ziarul Financiar, IKEA converts Timpuri Noi into apartments, offices and retail space – in Ziarul Financiar, Eight million Romanians have to insure their homes – in Ziarul Financiar, Alcatel Lucent hires another 200 engineers in Timisoara – in Ziarul Financiar, Schaeffler expects 100m euros higher turnover for Brasov plant – in Ziarul Financiar

14 July 2010

More companies decided to cancel their business activity in Romania in the first half of this year than in the same period of last year, according to data from the National Trade Registry (ONRC). There was a whooping six times increase in the number of firms which filed for voluntary cancellation of their business, to 118,000. The amount also includes automatic cancellations.

14 July 2010

After a good first quarter which brought profits for banks in Romania, the local banking system posted a loss of around EUR 49 million after the first five months of the year, according to data from the Romanian Central Bank (BNR). BNR has centralized data from the banks active in Romania showing a cumulative loss in the sector, although in the first three months of the year it had a profit of nearly EUR 25 million.

14 July 2010

This week as a change of scene I am commenting on a wine shop rather than a wine bar. Ethic Wines is an independent wine shop based opposite Floreasca fruit and vegetable market. The shop is owned and run by Cornel and Lucian, a pair of wine enthusiasts who appreciate the grape.

15 July 2010

The tourist information touch screens, which have been installed in the Universitate passage earlier this year but have stayed in their factory wrapping every since are finally functional and have attracted tourists and locals alike. The multimedia equipments installed by the Bucharest City Hall in the passage include the touch screens, as well as interactive areas on the floor.

15 July 2010

Romanian media Retailers realize consumption revival is not without massive price cuts – in Ziarul Financiar, IKEA converts Timpuri Noi into apartments, offices and retail space – in Ziarul Financiar, Eight million Romanians have to insure their homes – in Ziarul Financiar, Alcatel Lucent hires another 200 engineers in Timisoara – in Ziarul Financiar, Schaeffler expects 100m euros higher turnover for Brasov plant – in Ziarul Financiar

14 July 2010

More companies decided to cancel their business activity in Romania in the first half of this year than in the same period of last year, according to data from the National Trade Registry (ONRC). There was a whooping six times increase in the number of firms which filed for voluntary cancellation of their business, to 118,000. The amount also includes automatic cancellations.

14 July 2010

After a good first quarter which brought profits for banks in Romania, the local banking system posted a loss of around EUR 49 million after the first five months of the year, according to data from the Romanian Central Bank (BNR). BNR has centralized data from the banks active in Romania showing a cumulative loss in the sector, although in the first three months of the year it had a profit of nearly EUR 25 million.

14 July 2010

This week as a change of scene I am commenting on a wine shop rather than a wine bar. Ethic Wines is an independent wine shop based opposite Floreasca fruit and vegetable market. The shop is owned and run by Cornel and Lucian, a pair of wine enthusiasts who appreciate the grape.

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