City Insurance plans to invest EUR 0.5 million in opening 40 insurance agencies across Romania by the end of 2010 and hopes to sell up to 30,000 home insurance policies, according to the company.

Consumer goods producer Procter & Gamble, which has recently opened its factory in Urlati, Romania, intends to invest in renewable energy that it could trade on the stock market, company representatives have said. “We intend to look at European funds for renewable energy, together with the Ministry of Environment. We could trade renewable energy on the stock market, as the transactions with green certificates are pending regulations,” said Ramona Brad, associate director for external relations with P&G.

Austrian wood production company Egger will invest EUR 150 million in a production line for oriented strand boards (OSB) in its Radauti factory, the company has announced. The company still needs to receive construction authorization for works on the new production line.

UPDATE: The concert in Bucharest was canceled. Project Events will announce a possible new date for the event.
Famous 80's singers Sabrina and Samantha Fox will arrive this autumn in the Romanian capital city. The 80’s music lovers will have the opportunity to see them performing a live show at Sala Palatului on November, 26, according to Project Events, organizers of the concert.

The Romanian Central Bank (BNR) has kept the key interest rate at 6.25 percent, as expected by market analysts. BNR has...

onstruction permits issued for residential buildings in August this year stood at 4,670, up 9.5 percent from July 2010 and 0.4 percent from the same month last year, according to the National Statistics Institute (INS).

Romanian meteorologists have issued an advisory for rain and gusty wind, valid from Wednesday evening until Thursday morning for the country’s southern and south-eastern regions.

Einuiea band will perform on October 3 during the screening of the movie “Nosferatu, symphony of horror” within the “Dracula – king and vampire” exhibition at the National Museum of Art (MNAR), the museum has announced. The performance will be hosted by the museum hall dedicated to the evolution of Dracula's image and of vampires in the international cinema.

Construction materials producer Somaco Grup Prefabricate sold 37 percent more aerated concrete blocks (BCA) products in the first nine months of the year compared to the same period of last year, the company has announced. Somaco plans to reach a sales increase of 10 percent throughout the entire year and estimates it will increase its turnover by up to 18 percent this year on last year.

Watercooler company La Fantana has bought the water purification importer and distributor Rokor Ecostyle, the company has announced. The enterprise value of the bought company was of EUR 4.35 million. The seller was Romanian investor Serban Andrei. Rokor Ecostyle will keep its brand and operate under La Fantana umbrella. The buyer says it will hold an 80 percent market share on the water purification market.

City Insurance plans to invest EUR 0.5 million in opening 40 insurance agencies across Romania by the end of 2010 and hopes to sell up to 30,000 home insurance policies, according to the company.

Consumer goods producer Procter & Gamble, which has recently opened its factory in Urlati, Romania, intends to invest in renewable energy that it could trade on the stock market, company representatives have said. “We intend to look at European funds for renewable energy, together with the Ministry of Environment. We could trade renewable energy on the stock market, as the transactions with green certificates are pending regulations,” said Ramona Brad, associate director for external relations with P&G.

Austrian wood production company Egger will invest EUR 150 million in a production line for oriented strand boards (OSB) in its Radauti factory, the company has announced. The company still needs to receive construction authorization for works on the new production line.

UPDATE: The concert in Bucharest was canceled. Project Events will announce a possible new date for the event.
Famous 80's singers Sabrina and Samantha Fox will arrive this autumn in the Romanian capital city. The 80’s music lovers will have the opportunity to see them performing a live show at Sala Palatului on November, 26, according to Project Events, organizers of the concert.

The Romanian Central Bank (BNR) has kept the key interest rate at 6.25 percent, as expected by market analysts. BNR has...

onstruction permits issued for residential buildings in August this year stood at 4,670, up 9.5 percent from July 2010 and 0.4 percent from the same month last year, according to the National Statistics Institute (INS).

Romanian meteorologists have issued an advisory for rain and gusty wind, valid from Wednesday evening until Thursday morning for the country’s southern and south-eastern regions.

Einuiea band will perform on October 3 during the screening of the movie “Nosferatu, symphony of horror” within the “Dracula – king and vampire” exhibition at the National Museum of Art (MNAR), the museum has announced. The performance will be hosted by the museum hall dedicated to the evolution of Dracula's image and of vampires in the international cinema.

Construction materials producer Somaco Grup Prefabricate sold 37 percent more aerated concrete blocks (BCA) products in the first nine months of the year compared to the same period of last year, the company has announced. Somaco plans to reach a sales increase of 10 percent throughout the entire year and estimates it will increase its turnover by up to 18 percent this year on last year.

Watercooler company La Fantana has bought the water purification importer and distributor Rokor Ecostyle, the company has announced. The enterprise value of the bought company was of EUR 4.35 million. The seller was Romanian investor Serban Andrei. Rokor Ecostyle will keep its brand and operate under La Fantana umbrella. The buyer says it will hold an 80 percent market share on the water purification market.