French-owned bank BRD has granted EUR 250 million of mortgage loans under the First House program within the previous 12 months. BRD covered 28 percent of the total volume of loans granted by banks under this program since its start one year ago.

The Romanian Central Bank (BNR) headquarters, located in the old part of Bucharest, the Lipscani area, will host a museum after the end of ongoing restoration works. The BNR palace, which was built in 1880, will organize a museum in the hall, which was initially meant for hosting those who were there for bank operations.

It takes 7 procedures and 11 days to establish a foreign-owned limited liability company (LLC or SRL) in Romania (Bucharest), slightly faster than the regional average for Europe and Central Asia but much faster than the IAB global average, according to a recent report published by the World Bank. This sends Romania on the second place, with an index of 89.5 out of 100 points. Slovakia got 92.1 points.

Snacks and chips producer Standard Snacks has entered insolvency at the request of Piraeus Leasing, to whom the snacks producer owes EUR 100,000. Standard Snacks' judiciary administrator is Casa de Insolventa Transilvania.

Events during the week-end, July 9-11: Antiques Fair, Craftsmen Fair, Anim’est- Best of 2008-2009, Fly Project, T-Pain, Fedde le Grand, Eros Ramazzotti, Chicane

Romanian media, Meinl, Austrian coffee baron buys back Kandia at five times lower price – in Ziarul Financiar, Foreign banks have maintained their exposure to Romania – in Ziarul Financiar, Alexander Hergan steps down as Avrig 35 chief executive – in Ziarul Financiar, Romanians bet 150m euros on football games and tennis tournaments – in Ziarul Financiar, Finance Ministry goes back on decision to tax interests calculated before July 1 – in Ziarul Financiar,

The Dubliner is an Irish bar, an institution among many, and it has been around for seventeen years on the Bucharest Night Life scene. It has the feel of a traditional Irish bar and has a loyal gang of regulars which sit at the bar solving the problems of the world.

„Bună tuturor!” Welcome to our … third Romanian language „class”. After having studied some basic vocabulary items related to SALUTURI, NUME, ȚĂRI, NAȚIONALITĂȚI (= Greetings, Names, Countries, Nationalities) and ORAȘE, PROFESII (Towns, Jobs), we should get ready for … business networking!

Kraft Foods has sold Romanian soft cake and sugar confectionery business Cadbury's Kandia-Excelent to Oryxa Capital, an international investment fund, for an undisclosed sum. The sale includes Kandia-Excelent brands, such as Rom, Magura, Kandia, Laura, Sugus and Silvana, related trademarks and the manufacturing facility in Bucharest.

We've asked our readers to share their ideas on how we can re-start Romania. Or better said, on how can Romania be re...

French-owned bank BRD has granted EUR 250 million of mortgage loans under the First House program within the previous 12 months. BRD covered 28 percent of the total volume of loans granted by banks under this program since its start one year ago.

The Romanian Central Bank (BNR) headquarters, located in the old part of Bucharest, the Lipscani area, will host a museum after the end of ongoing restoration works. The BNR palace, which was built in 1880, will organize a museum in the hall, which was initially meant for hosting those who were there for bank operations.

It takes 7 procedures and 11 days to establish a foreign-owned limited liability company (LLC or SRL) in Romania (Bucharest), slightly faster than the regional average for Europe and Central Asia but much faster than the IAB global average, according to a recent report published by the World Bank. This sends Romania on the second place, with an index of 89.5 out of 100 points. Slovakia got 92.1 points.

Snacks and chips producer Standard Snacks has entered insolvency at the request of Piraeus Leasing, to whom the snacks producer owes EUR 100,000. Standard Snacks' judiciary administrator is Casa de Insolventa Transilvania.

Events during the week-end, July 9-11: Antiques Fair, Craftsmen Fair, Anim’est- Best of 2008-2009, Fly Project, T-Pain, Fedde le Grand, Eros Ramazzotti, Chicane

Romanian media, Meinl, Austrian coffee baron buys back Kandia at five times lower price – in Ziarul Financiar, Foreign banks have maintained their exposure to Romania – in Ziarul Financiar, Alexander Hergan steps down as Avrig 35 chief executive – in Ziarul Financiar, Romanians bet 150m euros on football games and tennis tournaments – in Ziarul Financiar, Finance Ministry goes back on decision to tax interests calculated before July 1 – in Ziarul Financiar,

The Dubliner is an Irish bar, an institution among many, and it has been around for seventeen years on the Bucharest Night Life scene. It has the feel of a traditional Irish bar and has a loyal gang of regulars which sit at the bar solving the problems of the world.

„Bună tuturor!” Welcome to our … third Romanian language „class”. After having studied some basic vocabulary items related to SALUTURI, NUME, ȚĂRI, NAȚIONALITĂȚI (= Greetings, Names, Countries, Nationalities) and ORAȘE, PROFESII (Towns, Jobs), we should get ready for … business networking!

Kraft Foods has sold Romanian soft cake and sugar confectionery business Cadbury's Kandia-Excelent to Oryxa Capital, an international investment fund, for an undisclosed sum. The sale includes Kandia-Excelent brands, such as Rom, Magura, Kandia, Laura, Sugus and Silvana, related trademarks and the manufacturing facility in Bucharest.

We've asked our readers to share their ideas on how we can re-start Romania. Or better said, on how can Romania be re...