The increase in gas prices in Romania was caused by the international quotations and by the depreciation of the Romanian leu against the dollar, according to oil and gas company OMV Petrom, who issued a statement on Wednesday. The price of gas was up 20 percent last year, while the price of diesel oil grew by 24 percent in 2010, according to OMV Petrom.

The National Art Museum of Romania will host the exhibition titled “Destinies at crossroads; Hebrew Artists during the Holocaust”, until February 13. The event is organized in partnership with the National Institute for Holocaust Studies in Romania "Elie Wiesel."

The Romanian National History Museum currently hosts the exhibition "Age of King Ferdinand I - return of Bulgaria in Europe," dedicated to the celebration of 100 years since the signing of Bulgarian Declaration of Independence. The exhibition will end on February 6.

Private equity company Enterprise Investors plans to raise a new investment fund in 2011 targeting several countries in the SEE region, Romania included. The new buyout fund, Polish Enterprise Fund VII, will start raising money mid-2011, as Polish Enterprise Fund VI is almost fully invested, according to Enterprise Investors.

Private equity fund Innova Capital has acquired a 96 percent share package in Provus Services provider and in its Romanian subsidiary RomCard from Turkven Private Equity and a consortium of Turkish investors. The value of the deal has not been disclosed.

Romania has 2.5 million users on the Facebook social network, with around 300,000 of them residing in Bucharest, according to a recent study by Facebrands.ro. Cluj- Napoca, Timisoara and Constanta come next in the top of Facebook users in Romania.

Oil company Lukoil plans to shut down its Petrotel refinery in Ploiesti, Romania, for maintenance next month. The halt will last for two weeks, between February 13 and 18, for regular equipment inspections, the company has announced.

Romanian actor Radu Beligan (93) will return on stage in a performance called "Confessions about Life and Art”, on February 16, from 19,30 hours, at the Children's National Palace in Bucharest. Ticket prices: RON 60. Get tickets here.

The hike in 2010 of pump prices in Romania was groundless and did not reflect the evolution of international quotes for crude oil, exchange rates and duties and fees, while most of the local oil firms reported significant losses, and their real profits were not reflected accordingly.

Romania has a wind energy potential of around 14,000 MW and wind turbines totaling 500 MW could be installed by 2015, according to Danish wind turbine producer Vestas, which has recently opened an office in Romania.

The increase in gas prices in Romania was caused by the international quotations and by the depreciation of the Romanian leu against the dollar, according to oil and gas company OMV Petrom, who issued a statement on Wednesday. The price of gas was up 20 percent last year, while the price of diesel oil grew by 24 percent in 2010, according to OMV Petrom.

The National Art Museum of Romania will host the exhibition titled “Destinies at crossroads; Hebrew Artists during the Holocaust”, until February 13. The event is organized in partnership with the National Institute for Holocaust Studies in Romania "Elie Wiesel."

The Romanian National History Museum currently hosts the exhibition "Age of King Ferdinand I - return of Bulgaria in Europe," dedicated to the celebration of 100 years since the signing of Bulgarian Declaration of Independence. The exhibition will end on February 6.

Private equity company Enterprise Investors plans to raise a new investment fund in 2011 targeting several countries in the SEE region, Romania included. The new buyout fund, Polish Enterprise Fund VII, will start raising money mid-2011, as Polish Enterprise Fund VI is almost fully invested, according to Enterprise Investors.

Private equity fund Innova Capital has acquired a 96 percent share package in Provus Services provider and in its Romanian subsidiary RomCard from Turkven Private Equity and a consortium of Turkish investors. The value of the deal has not been disclosed.

Romania has 2.5 million users on the Facebook social network, with around 300,000 of them residing in Bucharest, according to a recent study by Facebrands.ro. Cluj- Napoca, Timisoara and Constanta come next in the top of Facebook users in Romania.

Oil company Lukoil plans to shut down its Petrotel refinery in Ploiesti, Romania, for maintenance next month. The halt will last for two weeks, between February 13 and 18, for regular equipment inspections, the company has announced.

Romanian actor Radu Beligan (93) will return on stage in a performance called "Confessions about Life and Art”, on February 16, from 19,30 hours, at the Children's National Palace in Bucharest. Ticket prices: RON 60. Get tickets here.

The hike in 2010 of pump prices in Romania was groundless and did not reflect the evolution of international quotes for crude oil, exchange rates and duties and fees, while most of the local oil firms reported significant losses, and their real profits were not reflected accordingly.

Romania has a wind energy potential of around 14,000 MW and wind turbines totaling 500 MW could be installed by 2015, according to Danish wind turbine producer Vestas, which has recently opened an office in Romania.