The Romanian Central Bank (BNR) has approved Omer Tetik's naming as the president and head of the administration council for Credit Europe Bank. Tetik (in picture) aims to relaunch the bank's lending activity this year, while increasing operational efficiency, he said.

Six years after the Fondul Proprietatea was create, the Bucharest Stock Exchange has approved the Fondul Proprietatea listing on the spot regulated market from January 25, according to Franklin Templeton, the fund manager. The listing will be carried through without an initial public offering (IPO).

The International Monetary Fund will make available for Romania EUR 3.6 billion in a new, precautionary deal that will be signed after the current stand-by agreement expires in April, according to Mediafax newswire, quoting people close to the talks.

Friday, January 7 (click on location name for MAP)

09,00 Beyond the White Cube exhibition by Monica Morariu at the Ro...

Movies opening this week-end

The Tourist (trailer below)

with Angelina Jolie, Johnny Depp

on at: Movieplex Cinema...

IndieWire, a specialized publication in the US writing about independent filmmakers, has reviewed Romania's Oscar entry movie 'If I want to Whistle, I whistle', saying the film marks a strong debut in the awards. The publication has offered the B grade for the movie, which had its premiere in the US earlier this week.

Online payments using bank cards increased by 38 percent in 2010, to EUR127.8 million and the number of transactions rose by 82 percent, to 2.26 million, according to data released by Romanian credit card transaction processor Romcard. In 2009, electronic commerce payments saw an increase of 75 percent, to EUR 92.8 million.

Czech energy company CEZ has bought TMK Hydroenergy Power in Romania, which runs a hydroenergy system in Caras Severin county, near Resita city, the company has announced.

ABB has won the USD 24 million bid to build a new substation which will connect Verbund's wind farm in Tulcea to the national power grid. The order was received in the fourth quarter of 2010 from Transelectrica, the national transmission utility and a consortium of four European companies.

Romanian President Traian Basescu, Prime Minister Emil Boc, Romanian Central Bank governor Mugur Isarescu, Finance Minister Gheorghe Ialomitianu on Thursday set the parameters of a new, precautionary agreement with the International Monetary Fund and the European Union, the Romanian Central Bank (BNR) said in a statement.

The Romanian Central Bank (BNR) has approved Omer Tetik's naming as the president and head of the administration council for Credit Europe Bank. Tetik (in picture) aims to relaunch the bank's lending activity this year, while increasing operational efficiency, he said.

Six years after the Fondul Proprietatea was create, the Bucharest Stock Exchange has approved the Fondul Proprietatea listing on the spot regulated market from January 25, according to Franklin Templeton, the fund manager. The listing will be carried through without an initial public offering (IPO).

The International Monetary Fund will make available for Romania EUR 3.6 billion in a new, precautionary deal that will be signed after the current stand-by agreement expires in April, according to Mediafax newswire, quoting people close to the talks.

Friday, January 7 (click on location name for MAP)

09,00 Beyond the White Cube exhibition by Monica Morariu at the Ro...

Movies opening this week-end

The Tourist (trailer below)

with Angelina Jolie, Johnny Depp

on at: Movieplex Cinema...

IndieWire, a specialized publication in the US writing about independent filmmakers, has reviewed Romania's Oscar entry movie 'If I want to Whistle, I whistle', saying the film marks a strong debut in the awards. The publication has offered the B grade for the movie, which had its premiere in the US earlier this week.

Online payments using bank cards increased by 38 percent in 2010, to EUR127.8 million and the number of transactions rose by 82 percent, to 2.26 million, according to data released by Romanian credit card transaction processor Romcard. In 2009, electronic commerce payments saw an increase of 75 percent, to EUR 92.8 million.

Czech energy company CEZ has bought TMK Hydroenergy Power in Romania, which runs a hydroenergy system in Caras Severin county, near Resita city, the company has announced.

ABB has won the USD 24 million bid to build a new substation which will connect Verbund's wind farm in Tulcea to the national power grid. The order was received in the fourth quarter of 2010 from Transelectrica, the national transmission utility and a consortium of four European companies.

Romanian President Traian Basescu, Prime Minister Emil Boc, Romanian Central Bank governor Mugur Isarescu, Finance Minister Gheorghe Ialomitianu on Thursday set the parameters of a new, precautionary agreement with the International Monetary Fund and the European Union, the Romanian Central Bank (BNR) said in a statement.