Romanian national gas transport company Transgaz made a profit of EUR 87.3 million last year, an increase of 23 percent on the previous year. The company's turnover advanced by 10.5 percent, to EUR 311.6 million.

Final Distribution, importer of construction materials from Gerard, Delta and Keylite, has opened a production line for gutters and downpipes in Baicoi, Prahova county. The value of the investment goes up to EUR 500,000, according to the company.

Romania wants to double the number of foreign tourists that visit it by 2015 compared to the numbers recorder in 2010, according to the Tourism Ministry’s strategy. According to the country's statistics institute, 1.3 million foreign tourists visited Romania last year, up 5.6 percent compared to 2009.

The Romanian Regional Development and Tourism Ministry will launch programs like “Guardian Angels” (Ingeri Pazitori), “We care” (Ne pasa) and “Romania welcomes you” (Romania iti ureaza bun venit), hoping to attract more tourists to the country. Such programs should start from 2012 and are part of the recently revealed marketing plan, which will cost EUR 118 million over the next four years.

Romania has put aside some EUR 118 million for its strategic and operational marketing plan until 2015 and plans to spend EUR 21.5 million this year alone on promoting the country as a tourist destination.

Romania could exit recession in April this year, if the positive trend recorded in the fourth quarter of the year will continue, said Romanian Prime Minister Emil Boc (in picture).

Romanian oil company Rompetrol on Wednesday increased the pump prices of gasoline by RON 0.02 (EUR 1=RON 4.2584) per liter, while diesel fuel prices rose by RON 0.07 per liter. Thus, Efix 95 gasoline now costs RON 5.07 per liter, while Alto 101 gasoline now costs RON 5.74 per liter.

Fewer Romanian companies suspended their activity in January this year compared to the same month in 2010, which could be one of the signs of incipient economic revival. The number of companies that stopped activity went down by 55.7 percent, to around 2,600, compared to the same month last year, according to the National Trade Registry (ONRC).

Radu Boitan (in picture), the director of real estate agency King Sturge in Bucharest, has been appointed chairman of the Royal Institution of Chartered Surveyors (RICS) in Romania.

The European Film Festival, organized by the Romanian Cultural Institute (ICR) will take place in Bucharest and four other cities in Romania in May this year. As many as 50 European movie productions will be screened during the festival. This is the 15th edition of the event.

Romanian national gas transport company Transgaz made a profit of EUR 87.3 million last year, an increase of 23 percent on the previous year. The company's turnover advanced by 10.5 percent, to EUR 311.6 million.

Final Distribution, importer of construction materials from Gerard, Delta and Keylite, has opened a production line for gutters and downpipes in Baicoi, Prahova county. The value of the investment goes up to EUR 500,000, according to the company.

Romania wants to double the number of foreign tourists that visit it by 2015 compared to the numbers recorder in 2010, according to the Tourism Ministry’s strategy. According to the country's statistics institute, 1.3 million foreign tourists visited Romania last year, up 5.6 percent compared to 2009.

The Romanian Regional Development and Tourism Ministry will launch programs like “Guardian Angels” (Ingeri Pazitori), “We care” (Ne pasa) and “Romania welcomes you” (Romania iti ureaza bun venit), hoping to attract more tourists to the country. Such programs should start from 2012 and are part of the recently revealed marketing plan, which will cost EUR 118 million over the next four years.

Romania has put aside some EUR 118 million for its strategic and operational marketing plan until 2015 and plans to spend EUR 21.5 million this year alone on promoting the country as a tourist destination.

Romania could exit recession in April this year, if the positive trend recorded in the fourth quarter of the year will continue, said Romanian Prime Minister Emil Boc (in picture).

Romanian oil company Rompetrol on Wednesday increased the pump prices of gasoline by RON 0.02 (EUR 1=RON 4.2584) per liter, while diesel fuel prices rose by RON 0.07 per liter. Thus, Efix 95 gasoline now costs RON 5.07 per liter, while Alto 101 gasoline now costs RON 5.74 per liter.

Fewer Romanian companies suspended their activity in January this year compared to the same month in 2010, which could be one of the signs of incipient economic revival. The number of companies that stopped activity went down by 55.7 percent, to around 2,600, compared to the same month last year, according to the National Trade Registry (ONRC).

Radu Boitan (in picture), the director of real estate agency King Sturge in Bucharest, has been appointed chairman of the Royal Institution of Chartered Surveyors (RICS) in Romania.

The European Film Festival, organized by the Romanian Cultural Institute (ICR) will take place in Bucharest and four other cities in Romania in May this year. As many as 50 European movie productions will be screened during the festival. This is the 15th edition of the event.