Nicola Calabro, general manager of Intesa Sanpaolo Bank Romania has ended his four-year mandate in Romania. He will be named general manager of Banca di Trento e Bolzano, part of Intesa Sanpaolo Group, where he worked at the very beginning of his career back in 1987.

Romania has often been labeled as one of history’s greatest survivors. A past of invasions and occupations, Romania has recently undergone dynamic social and economic changes and joined the EU in 2007. While the country attempts to leave behind its communist past, present day attitudes and traditions still reflect this part of its turbulent history. Modest attitudes and behaviors coupled with Orthodox Christian beliefs reflect their simple-minded and down-to-earth mentality that has been shaped by years of hardship.

T-Systems, the IT services division of German Deutsche Telekom, has opened a subsidiary in Romania. The company is called T-Systems ICT Romania and is managed by Peter Ilosvai, the head of T-System in Hungary and by Roman Kuka

Romanian Bogdan Mustata is one of the four winners of the Sundance Institute/Mahindra Global Filmmaking Award. His film project, called 'Wolf' (Lupu'), joins three other projects in Israel, Malaysia and Mexico. Each of the winners will receive a USD 10,000 cash prize, attendance at industry meetings at the Sundance Film Festival, mentoring from Institute staff and participation in a feature film program lab.

PwC Romania has two new partners in its Advisory department, Andrej Vizjak (in picture) and Bogdan Belciu have been named partners with PwC Romania's advisory department. The company now has 20 partners.

Mother Africa Circus of Joy, currently on a world tour, will perform in front of the Bucharest audience on February 27 at Sala Palatului. 40 famous artists from different countries of the African continent like Tanzania, Ethiopia, Kenya, Sudan, Ghana, Burkina Faso, Ivory Coast, Zimbabwe and South Africa will present ingenious numbers of acrobatics, jugglers, contortionism, music and traditional dances.

The Imperial Hotel, Bristol Hotel or Metropol Hotel, Brancoveanu Palace, The Grand Theatre, Vacaresti Monastery, Saint Sava Monastery – these are some of the lost places of Bucharest. Discover their story and much more in a seminar on the “City of Lost Places”, held at Calea Victoriei Foundation, on February 3, from 19,00 hours.

The first day of trading for Fondul Proprietatea shares triggered a record volume of over EUR 50 million in trading with FP shares. The maximum price per share was of RON 0.675 during the first trading day, below the nominal value of the fund's shares, which is of RON 1. The fund's shares recorded 5,638 trades on the first day, which was a record on BSE. The day also brought the highest number of pre-opening orders on a single listed share- 3,500.

Romanian state-owned airline Tarom wants to break even in 2011, after its 2010 budget provided for a EUR 4.6 million, according to a draft government decision by the Ministry of Transport. In 2009, Tarom projected around a EUR 176,000 profit, but the net result was actually around a EUR 21 million loss.

Artmark auction house recorded auction art sales of EUR 5.5 million last year, which makes up for 68 percent of the local art sales, according to data from the company. The company posted EUR 1.8 million in auction sales in 2009, which made 48 percent of the market.

Nicola Calabro, general manager of Intesa Sanpaolo Bank Romania has ended his four-year mandate in Romania. He will be named general manager of Banca di Trento e Bolzano, part of Intesa Sanpaolo Group, where he worked at the very beginning of his career back in 1987.

Romania has often been labeled as one of history’s greatest survivors. A past of invasions and occupations, Romania has recently undergone dynamic social and economic changes and joined the EU in 2007. While the country attempts to leave behind its communist past, present day attitudes and traditions still reflect this part of its turbulent history. Modest attitudes and behaviors coupled with Orthodox Christian beliefs reflect their simple-minded and down-to-earth mentality that has been shaped by years of hardship.

T-Systems, the IT services division of German Deutsche Telekom, has opened a subsidiary in Romania. The company is called T-Systems ICT Romania and is managed by Peter Ilosvai, the head of T-System in Hungary and by Roman Kuka

Romanian Bogdan Mustata is one of the four winners of the Sundance Institute/Mahindra Global Filmmaking Award. His film project, called 'Wolf' (Lupu'), joins three other projects in Israel, Malaysia and Mexico. Each of the winners will receive a USD 10,000 cash prize, attendance at industry meetings at the Sundance Film Festival, mentoring from Institute staff and participation in a feature film program lab.

PwC Romania has two new partners in its Advisory department, Andrej Vizjak (in picture) and Bogdan Belciu have been named partners with PwC Romania's advisory department. The company now has 20 partners.

Mother Africa Circus of Joy, currently on a world tour, will perform in front of the Bucharest audience on February 27 at Sala Palatului. 40 famous artists from different countries of the African continent like Tanzania, Ethiopia, Kenya, Sudan, Ghana, Burkina Faso, Ivory Coast, Zimbabwe and South Africa will present ingenious numbers of acrobatics, jugglers, contortionism, music and traditional dances.

The Imperial Hotel, Bristol Hotel or Metropol Hotel, Brancoveanu Palace, The Grand Theatre, Vacaresti Monastery, Saint Sava Monastery – these are some of the lost places of Bucharest. Discover their story and much more in a seminar on the “City of Lost Places”, held at Calea Victoriei Foundation, on February 3, from 19,00 hours.

The first day of trading for Fondul Proprietatea shares triggered a record volume of over EUR 50 million in trading with FP shares. The maximum price per share was of RON 0.675 during the first trading day, below the nominal value of the fund's shares, which is of RON 1. The fund's shares recorded 5,638 trades on the first day, which was a record on BSE. The day also brought the highest number of pre-opening orders on a single listed share- 3,500.

Romanian state-owned airline Tarom wants to break even in 2011, after its 2010 budget provided for a EUR 4.6 million, according to a draft government decision by the Ministry of Transport. In 2009, Tarom projected around a EUR 176,000 profit, but the net result was actually around a EUR 21 million loss.

Artmark auction house recorded auction art sales of EUR 5.5 million last year, which makes up for 68 percent of the local art sales, according to data from the company. The company posted EUR 1.8 million in auction sales in 2009, which made 48 percent of the market.