28 October 2010

Oil and gas company Rompetrol has invested over USD 300,000 in corporate social responsibility programs in Romania, mostly focusing on health care and environment protection in 2010, according to the company.

28 October 2010

he emergency ordinance 50/2010 on consumer lending contracts should only be applied to new contracts and not to existing ones, said Jeffrey Franks, the head of the International Monetary Fund (IMF) delegation in Romania. Moreover, this will be a condition for Romania receiving the next IMF loan tranche, according to Franks. “The way the European directive was transposed into the Romanian legislation will trigger difficulties and costs.

28 October 2010

Romania will return to economic growth in 2011, most likely of around 1.5 percent, representatives of the International Monetary Fund said Thursday, following media estimations that the country would remain mired in recession for the third consecutive year. Jeffrey Franks, head of the IMF mission to Bucharest (in picture, right), said the media reports were incorrect and the Fund doesn't forecast an economic decline for next year.

28 October 2010

Atteco Club has invested EUR 1.8 million in Oxygen Club in Sun Plaza shopping center in Bucharest, which includes a bowling and pool area, a club, restaurant, terrace and playground. The owners estimate the club, which will be inaugurated on Thursday evening, October 28, will post a EUR 700,000 turnover in 2010, having run since May this year.

28 October 2010

Oil and gas company Rompetrol has invested over USD 300,000 in corporate social responsibility programs in Romania, mostly focusing on health care and environment protection in 2010, according to the company.

28 October 2010

he emergency ordinance 50/2010 on consumer lending contracts should only be applied to new contracts and not to existing ones, said Jeffrey Franks, the head of the International Monetary Fund (IMF) delegation in Romania. Moreover, this will be a condition for Romania receiving the next IMF loan tranche, according to Franks. “The way the European directive was transposed into the Romanian legislation will trigger difficulties and costs.

28 October 2010

Romania will return to economic growth in 2011, most likely of around 1.5 percent, representatives of the International Monetary Fund said Thursday, following media estimations that the country would remain mired in recession for the third consecutive year. Jeffrey Franks, head of the IMF mission to Bucharest (in picture, right), said the media reports were incorrect and the Fund doesn't forecast an economic decline for next year.

28 October 2010

Atteco Club has invested EUR 1.8 million in Oxygen Club in Sun Plaza shopping center in Bucharest, which includes a bowling and pool area, a club, restaurant, terrace and playground. The owners estimate the club, which will be inaugurated on Thursday evening, October 28, will post a EUR 700,000 turnover in 2010, having run since May this year.

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