The Cluj county Consumer Protection has applied a RON 100,000 (around EUR 23,000) fine to BCR and has asked for the suspension of lending after the bank has included the risk commission in the administration commission, although this has been forbidden by the Ordinance 50/2010.

French sports retailer Decathlon will open its fifth store in Romania, within Grand Arena Mall in Bucharest. The new store will cover 5,550 sqm.

Meteorologists on Friday issued a code yellow snow storm advisory for 14 counties in eastern and southeastern Romania, valid Saturday afternoon through Sunday morning. According to meteorologists, snow and blizzard will occur in Moldova (E), the eastern part of Muntenia (S), Dobrogea (S-E) and the Eastern Carpathians.

Romania is a rich country when it comes to traditions and superstitions. Modern Romanians only keep a few of them, but more of the local traditions can be discovered in the countryside, in remote areas of the country. Romania-Insider.com presents some of the winter traditions and customs in Romania that you are likely to witness during December, if you spend your holidays in the country. If you learned of a custom and you'd like to share, drop us an e-mail at editor@romania-insider.com.

*Consumption survives after VAT increase and drop in salaries – in Ziarul Financiar
*Medicover plans to double sales and add 500 employees – in Ziarul Financiar
*Owner of AFI Palace Cotroceni delays Warsaw stock exchange listing – in Ziarul Financiar
*The second management change in Ford Romania in less than two months – in Ziarul Financiar

Swedish security solutions provider Securitas has bought Romanian sector firm Cobra Security for an enterprise value of EUR 3.2 million from Romanian company UTI, owned by Tiberiu Urdareanu. Cobra, with a staff of more than 1,000 people and annual sales of nearly EUR 4.2 million, provides guarding and monitoring services, reads Securitas' statement.

Polish company ABC Data has taken over a 50.9 percent share package in local Scop Computers and plans to buy the remainder of the shares in the following three years. The total price of the block of 846 shares of Scop Computers on the day of the transaction was EUR 5 million, according to ABC Data

You'll start hearing more often the Romanian song of this week in the following period, probably mostly in clubs and on radio stations. And as the week-end approaches, let's get into the party mood while listening to the most recent single by Radio Killer, called Lonely Heart (listen to it below).

Calendar of events during the week-end - from Friday, December 3, to Sunday, December 5- concert, fairs, exhibitions.

Jan Gijsen is the new president of Ford Romania and the head of the car maker's factory in Craiova. Gijsen will come to office at the beginning of January, joining the Romanian subsidiary from the position of head of new markets divisions for Ford Europe.

The Cluj county Consumer Protection has applied a RON 100,000 (around EUR 23,000) fine to BCR and has asked for the suspension of lending after the bank has included the risk commission in the administration commission, although this has been forbidden by the Ordinance 50/2010.

French sports retailer Decathlon will open its fifth store in Romania, within Grand Arena Mall in Bucharest. The new store will cover 5,550 sqm.

Meteorologists on Friday issued a code yellow snow storm advisory for 14 counties in eastern and southeastern Romania, valid Saturday afternoon through Sunday morning. According to meteorologists, snow and blizzard will occur in Moldova (E), the eastern part of Muntenia (S), Dobrogea (S-E) and the Eastern Carpathians.

Romania is a rich country when it comes to traditions and superstitions. Modern Romanians only keep a few of them, but more of the local traditions can be discovered in the countryside, in remote areas of the country. Romania-Insider.com presents some of the winter traditions and customs in Romania that you are likely to witness during December, if you spend your holidays in the country. If you learned of a custom and you'd like to share, drop us an e-mail at editor@romania-insider.com.

*Consumption survives after VAT increase and drop in salaries – in Ziarul Financiar
*Medicover plans to double sales and add 500 employees – in Ziarul Financiar
*Owner of AFI Palace Cotroceni delays Warsaw stock exchange listing – in Ziarul Financiar
*The second management change in Ford Romania in less than two months – in Ziarul Financiar

Swedish security solutions provider Securitas has bought Romanian sector firm Cobra Security for an enterprise value of EUR 3.2 million from Romanian company UTI, owned by Tiberiu Urdareanu. Cobra, with a staff of more than 1,000 people and annual sales of nearly EUR 4.2 million, provides guarding and monitoring services, reads Securitas' statement.

Polish company ABC Data has taken over a 50.9 percent share package in local Scop Computers and plans to buy the remainder of the shares in the following three years. The total price of the block of 846 shares of Scop Computers on the day of the transaction was EUR 5 million, according to ABC Data

You'll start hearing more often the Romanian song of this week in the following period, probably mostly in clubs and on radio stations. And as the week-end approaches, let's get into the party mood while listening to the most recent single by Radio Killer, called Lonely Heart (listen to it below).

Calendar of events during the week-end - from Friday, December 3, to Sunday, December 5- concert, fairs, exhibitions.

Jan Gijsen is the new president of Ford Romania and the head of the car maker's factory in Craiova. Gijsen will come to office at the beginning of January, joining the Romanian subsidiary from the position of head of new markets divisions for Ford Europe.