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.

Tzafrir Granat, the marketing manager of dairy company Muller Dairy Romania, has been promoted general manager of the company. He has replaced Jacob Katz, who will hold another position in the mother company CBC Group.

Around 70,000 tax payers have acquired digital certificates in order to submit their fiscal declarations online in Romania, according to the National Agency for Fiscal Administration (ANAF). The companies which haven't acquired digital certificates have a six-month grace period to do so and can still submit the declaration in hard copy at the ANAF offices. In total, around 470,000 tax payers have to submit the single declaration for social contribution and income tax.- the 112 declaration.

Google has recently launched the Hotpot service, allowing users in 38 countries, including Romania, to see recommendations for restaurants, hotels and coffee shops, based on other users' feedback.

Slawomir Nizalowski is the new general manager of Mars Romania. He will replace Tomasz Pawlowski, who has become general manager of Mars' subsidiary in Poland, the company has announced.

Two deals with Fondul Proprietatea shares worth EUR 9.9 million were carried through on Wednesday morning on the Bucharest Stock Exchange, according to Ziarul Financiar. As many as 66.5 million Fondul Proprietatea shares were sold in these two transactions, at an average price of RON 0.633 per share.

The Romanian roofing products market reached EUR 75 million in 2010, with metal roofing covering half of the market, according to an estimation by Finnish company Ruukki Romania. The company saw an increase of 8 percent in its metal roofing sales in Romania last year on the previous. Metal roofing makes around 16 percent of Ruukki Romania's sales.

The Egyptian army has sent a hidden message to president Hosni Mubarak (in picture), suggesting they would back up street protesters in the country, said one of the protesters: 'We loved you 30 years ago. We don't want to humiliate you. We don't want you to end like [Romanian president] Nicolae Ceausescu. Go in peace,” said the Egyptian protester, quoted by The Guardian.

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.

Tzafrir Granat, the marketing manager of dairy company Muller Dairy Romania, has been promoted general manager of the company. He has replaced Jacob Katz, who will hold another position in the mother company CBC Group.

Around 70,000 tax payers have acquired digital certificates in order to submit their fiscal declarations online in Romania, according to the National Agency for Fiscal Administration (ANAF). The companies which haven't acquired digital certificates have a six-month grace period to do so and can still submit the declaration in hard copy at the ANAF offices. In total, around 470,000 tax payers have to submit the single declaration for social contribution and income tax.- the 112 declaration.

Google has recently launched the Hotpot service, allowing users in 38 countries, including Romania, to see recommendations for restaurants, hotels and coffee shops, based on other users' feedback.

Slawomir Nizalowski is the new general manager of Mars Romania. He will replace Tomasz Pawlowski, who has become general manager of Mars' subsidiary in Poland, the company has announced.

Two deals with Fondul Proprietatea shares worth EUR 9.9 million were carried through on Wednesday morning on the Bucharest Stock Exchange, according to Ziarul Financiar. As many as 66.5 million Fondul Proprietatea shares were sold in these two transactions, at an average price of RON 0.633 per share.

The Romanian roofing products market reached EUR 75 million in 2010, with metal roofing covering half of the market, according to an estimation by Finnish company Ruukki Romania. The company saw an increase of 8 percent in its metal roofing sales in Romania last year on the previous. Metal roofing makes around 16 percent of Ruukki Romania's sales.

The Egyptian army has sent a hidden message to president Hosni Mubarak (in picture), suggesting they would back up street protesters in the country, said one of the protesters: 'We loved you 30 years ago. We don't want to humiliate you. We don't want you to end like [Romanian president] Nicolae Ceausescu. Go in peace,” said the Egyptian protester, quoted by The Guardian.