Romania's unemployment rate was of 7.08 percent in October, slightly down from 7.35 percent a month earlier, according to the country’s employment agency ANOFM. Romania's jobless rate was 7.1 percent at this time last year.

Local company Remarul 16 Februarie, based in Cluj – Napoca, has signed an agreement with Bombardier Transportation to produce trains of high capacity in Romania. Remarul 16 Februarie will hold the exclusivity in producing and selling AGC trains in six countries in South – Eastern Europe- Romania, Greece, Bulgaria, Croatia, Serbia and Montenegro.

Romania's Culture Ministry will cut 600 jobs in public culture institutions, as well as one vacant state secretary position in its central apparatus, as per decisions adopted in the Government's Wednesday meeting, said minister Hunor Kelemen (in picture).

*BNR about the idea of adding supplementary tax for banks: we will respect the European decision – in Ziarul Financiar
*Unpleasant surprise for Petrom in the third quarter: strong RON and Kazakhstan have taken the company on the loss side – in Ziarul Financiar
*UniCredit's strategy is to increase lending and stop expenses – in Ziarul Financiar
*The Romanian – German Chamber of Commerce proposes a commercial arbitrage court for companies – in Ziarul Financiar
*Cheaper insurance policies brought a drop of business for Allianz – in Ziarul Financiar

The ice hotel near Balcea Lac in the Carpathian Mountains will be inaugurated on December 24 this year and will be opened four tourists until April 30 next year. The price of a room in the Ice Hotel will be of RON 150/person. This year, 14 rooms made of ice will be available.

Romanian migrants in Italy have set up a new political organization, called Europeans for Italy, and hope to run, alone or with other parties, in Italy’s local elections, Italian newspaper La Repubblica reported on Wednesday. The first meeting of the Europeans for Italy movement will take place Saturday in Milan. The organization already has 600 members and has branches in Genoa, Turin and Rome.

The heart of Romania, Sibiu or “Hermannstadt” in German and “Nagyszeben” in Hungarian, is one of the most important Romanian cultural centers. Ranked as “Europe’s 8th most idyllic place to live in”, it was also the “European Capital of Culture” in 2007, alongside with Luxembourg.

Calea Victoriei Foundation, City Compass and Artmark organize a workshop about great Romanian women on November 13 at the Artmark Gallery (18 Logofat Luca Stroici St. MAP ) starting 11,00 hours. The conference will be held by Silvia Timofte.

Six consortia have been pre-selected for the construction of the Drumul Taberei – Hasdeu metro line and four of them submitted final offers. The winning consortium will be chosen in the first part of 2011, according to Bucharest metro company Metrorex

Insurer Allianz- Tiriac posted a volume of EUR 175 million gross subscribed premiums in Romania for the first nine months of the year, which was down 17.8 percent on the same period last year.

Romania's unemployment rate was of 7.08 percent in October, slightly down from 7.35 percent a month earlier, according to the country’s employment agency ANOFM. Romania's jobless rate was 7.1 percent at this time last year.

Local company Remarul 16 Februarie, based in Cluj – Napoca, has signed an agreement with Bombardier Transportation to produce trains of high capacity in Romania. Remarul 16 Februarie will hold the exclusivity in producing and selling AGC trains in six countries in South – Eastern Europe- Romania, Greece, Bulgaria, Croatia, Serbia and Montenegro.

Romania's Culture Ministry will cut 600 jobs in public culture institutions, as well as one vacant state secretary position in its central apparatus, as per decisions adopted in the Government's Wednesday meeting, said minister Hunor Kelemen (in picture).

*BNR about the idea of adding supplementary tax for banks: we will respect the European decision – in Ziarul Financiar
*Unpleasant surprise for Petrom in the third quarter: strong RON and Kazakhstan have taken the company on the loss side – in Ziarul Financiar
*UniCredit's strategy is to increase lending and stop expenses – in Ziarul Financiar
*The Romanian – German Chamber of Commerce proposes a commercial arbitrage court for companies – in Ziarul Financiar
*Cheaper insurance policies brought a drop of business for Allianz – in Ziarul Financiar

The ice hotel near Balcea Lac in the Carpathian Mountains will be inaugurated on December 24 this year and will be opened four tourists until April 30 next year. The price of a room in the Ice Hotel will be of RON 150/person. This year, 14 rooms made of ice will be available.

Romanian migrants in Italy have set up a new political organization, called Europeans for Italy, and hope to run, alone or with other parties, in Italy’s local elections, Italian newspaper La Repubblica reported on Wednesday. The first meeting of the Europeans for Italy movement will take place Saturday in Milan. The organization already has 600 members and has branches in Genoa, Turin and Rome.

The heart of Romania, Sibiu or “Hermannstadt” in German and “Nagyszeben” in Hungarian, is one of the most important Romanian cultural centers. Ranked as “Europe’s 8th most idyllic place to live in”, it was also the “European Capital of Culture” in 2007, alongside with Luxembourg.

Calea Victoriei Foundation, City Compass and Artmark organize a workshop about great Romanian women on November 13 at the Artmark Gallery (18 Logofat Luca Stroici St. MAP ) starting 11,00 hours. The conference will be held by Silvia Timofte.

Six consortia have been pre-selected for the construction of the Drumul Taberei – Hasdeu metro line and four of them submitted final offers. The winning consortium will be chosen in the first part of 2011, according to Bucharest metro company Metrorex

Insurer Allianz- Tiriac posted a volume of EUR 175 million gross subscribed premiums in Romania for the first nine months of the year, which was down 17.8 percent on the same period last year.