The Romanian Central Bank (BNR) has decided to keep the key interest rate at 6.25 percent during its second monetary policy meeting of the year.

Telecom company Vodafone Romania witnessed its average revenue per user drop to EUR 6.2 in the third quarter of last year, from EUR 7.6 in the same quarter of the previous year.

Romania was visited by 7.5 million foreigners last year, a drop of 1 percent compared to the year before. Most of these visitors came from European Union countries- 59.4 percent, according to data from the National Statistics Institute.

Millennium Bank Romania posted a loss of EUR 24 million in 2010, which was down 38 percent on 2009, the bank has announced. The year before, the bank had posted a loss of EUR 38.5 million, higher than the loss posted in 2008.

Kogainon Films, a US-based media production company set up by film director Nicholas Dimancescu (in picture), plans to continue a series of documentaries focusing on Romania, after having released two documentaries about Romania in the world wars. The production company will release a documentary about Romanian ancestors Dacians and Romans, hoping to bring a fresh story line which would change the old fashion view of Romanians' ancestors, Nicholas Dimancescu tells Romania-Insider.com.

Nearly 80 border police and customs workers have been detained Thursday morning in the Siret customs, one the border with the Republic of Moldova, on cigarette smuggling and bribe taking charges.

The shareholders of Kilpatrick Executive Search have brought Talent Works International on the Romanian market. Bogdan Dragoescu will lead the Talent Works International Romania teams in Bucharest and Timisoara. He has more than 15 years of experience in Business Management Consultancy. Dragoescu is a Psychology graduate with a Professional Diploma in Management.

UniCredit Tiriac Bank expects foreign direct investments in Romania to stay between EUR 4 and 5 billion this year. The bank's chief economist Rozalia Pal believes Romania will continue to see negative results in the first and second quarters of the year, which will influence the investor sentiment.

The leadership style is yet another area where cultural intelligence is required and where local cultures play an important role. The sort of leadership valued in the Netherlands is, for example, a weakness in Romania, where authoritative leadership is seen as a strength. On the same note, the qualities of a good leader in the US would not necessarily work in Central and Eastern Europe. We'd love to hear your stories and experiences when it comes to intercultural leadership in the CEE region.

Romania posted the seventh growth in installed wind power capacity among the European Union member states in 2010, namely a 448-megawatt increase to a total of 462 MW, according to a report of the European wind energy association EWEA.

The Romanian Central Bank (BNR) has decided to keep the key interest rate at 6.25 percent during its second monetary policy meeting of the year.

Telecom company Vodafone Romania witnessed its average revenue per user drop to EUR 6.2 in the third quarter of last year, from EUR 7.6 in the same quarter of the previous year.

Romania was visited by 7.5 million foreigners last year, a drop of 1 percent compared to the year before. Most of these visitors came from European Union countries- 59.4 percent, according to data from the National Statistics Institute.

Millennium Bank Romania posted a loss of EUR 24 million in 2010, which was down 38 percent on 2009, the bank has announced. The year before, the bank had posted a loss of EUR 38.5 million, higher than the loss posted in 2008.

Kogainon Films, a US-based media production company set up by film director Nicholas Dimancescu (in picture), plans to continue a series of documentaries focusing on Romania, after having released two documentaries about Romania in the world wars. The production company will release a documentary about Romanian ancestors Dacians and Romans, hoping to bring a fresh story line which would change the old fashion view of Romanians' ancestors, Nicholas Dimancescu tells Romania-Insider.com.

Nearly 80 border police and customs workers have been detained Thursday morning in the Siret customs, one the border with the Republic of Moldova, on cigarette smuggling and bribe taking charges.

The shareholders of Kilpatrick Executive Search have brought Talent Works International on the Romanian market. Bogdan Dragoescu will lead the Talent Works International Romania teams in Bucharest and Timisoara. He has more than 15 years of experience in Business Management Consultancy. Dragoescu is a Psychology graduate with a Professional Diploma in Management.

UniCredit Tiriac Bank expects foreign direct investments in Romania to stay between EUR 4 and 5 billion this year. The bank's chief economist Rozalia Pal believes Romania will continue to see negative results in the first and second quarters of the year, which will influence the investor sentiment.

The leadership style is yet another area where cultural intelligence is required and where local cultures play an important role. The sort of leadership valued in the Netherlands is, for example, a weakness in Romania, where authoritative leadership is seen as a strength. On the same note, the qualities of a good leader in the US would not necessarily work in Central and Eastern Europe. We'd love to hear your stories and experiences when it comes to intercultural leadership in the CEE region.

Romania posted the seventh growth in installed wind power capacity among the European Union member states in 2010, namely a 448-megawatt increase to a total of 462 MW, according to a report of the European wind energy association EWEA.