Travel planner»

Travel Planner: Biking to the lake dwellings in Comana Forest

Travel Planner: Biking to the lake dwellings in Comana Forest

September 6th, 2010 at 10:09 pm
I had found out about the lake dwellings near Bucharest by accident, while browsing through a biking magazine. The idea to go there came immediately. I was attracted by the...

Business News»

Regional Development and Tourism Ministry plans to build 186-hectare residential project in Bucharest

Regional Development and Tourism Ministry plans to build 186-hectare residential project in Bucharest

September 7th, 2010 at 04:09 pm
Romania’s Regional Development and Tourism Ministry, along with the Defense Ministry are planing to built the largest residential compound in Bucharest, which will spread...

press review»

Tuesday headlines: Fondul Proprietatea listing approved, empty apartments up 50%, president wants new IMF loan

Tuesday headlines: Fondul Proprietatea listing approved, empty apartments up 50%, president wants new IMF loan

September 7th, 2010 at 09:09 am
Romanian media Romania needs to pay loans by getting new loans – in Ziarul Financiar Murfatlar opens several hundreds of its own wine cellars – in Ziarul Financiar Tiriac...

Life»

Romanian paratrooper wins gold in Montenegro

September 7th, 2010 at 10:09 pm
Romanian Alexandru Nicolau, member of the Romanian Aeroclub, has won the gold medal and the title of world champion at the Skydiving World Championships, for his precision...

Events»

European Journalism Festival kicks off in Targu Jiu this week

September 7th, 2010 at 02:09 pm
The European Journalism Festival will take place in Romanian city Targu-Jiu between September 9 and 12. The event is organized by the Eurolife Association and Romania’s...

Recent Articles

Romanian paratrooper wins gold in Montenegro

Romanian Alexandru Nicolau, member of the Romanian Aeroclub, has won the gold medal and the title of world champion at the Skydiving World Championships, for his precision of landing, having competed at the junior category. The competition was held in Niksic, Montenegro, between August 28th and September 4th, 2010.

Regional Development and Tourism Ministry plans to build 186-hectare residential project in Bucharest

Romania’s Regional Development and Tourism Ministry, along with the Defense Ministry are planing to built the largest residential compound in Bucharest, which will spread over 186 hectares on sectors 5 and 6 of the capital city.

Bucharest in one day: Casa Capsa on Calea Victoriei – the core of Bucharest in its glory days

Casa Capsa, standing on a street corner on Calea Victoriei, used to be the core of the political, artistic and high life in Bucharest. It was set up by the Capsa brothers late 1800s, but its rich history dates further behind.

European Journalism Festival kicks off in Targu Jiu this week

The European Journalism Festival will take place in Romanian city Targu-Jiu between September 9 and 12. The event is organized by the Eurolife Association and Romania’s UNESCO National Commission. More than 500 journalists from the European Union and the neighbor countries are expected to participate.

Finance Ministry will have to refinance EUR 4 bln local debt, survey finds

The Romanian Finance Ministry will have to refinance a EUR 4 billion debt in 2011, found a survey issued by ING Bank. The country’s public debt fell to EUR 41.2 billion in June from EUR 41.5 billion a month earlier.

Book Insider: Stepping into the poem- the Celan Bachmann Correspondence

Poet, translator, essayist, and lecturer, influenced by French surrealism and symbolism, Celan was born in Romania, he lived in France, and wrote in German. His parents were killed in the Holocaust; the author himself escaped death by working in a Nazi labor camp. “Death is a Master from Germany”, Celan’s most quoted words, translated into English in different ways, are from the poem ‘Todesfuge’ (Death Fugue).

Romanians scrap over 164,000 cars under this year’s clunkers program

Over 164,000 cars older than ten years were scrapped until the beginning of September within Romania’s clunkers program, according to the Romanian Environment Ministry. More than 38,000new cars were sold within the program, out of which 17,215 were made locally. This has triggered the national car park renewal program meeting 87 percent of its objectives by September 3.

Bar review: Gradina Verona, 13-15 Pictor Arthur St.

Gradina Verona is a garden cafe bar situated at the back the Carturesti Book Store, 2 minutes walk from Piata Romana in the direction of Piata Universitatii. The entrance is on Pictor Arthur Verona.

Bloomberg: Czech Republic’s `huge’ eurobond demand means Romania, Ukraine to follow

Romania and Ukraine will likely face “strong” demand for their planned Eurobond offerings after the Czech Republic raised euro-denominated debt in an oversubscribed issue, Credit Agricole Cheuvreux SA said, quoted by Bloomberg.

Deloitte to audit Fondul Proprietatea’s financial situations

Fondul Proprietatea shareholders have chosen Deloitte & Touche to audit the fund’s financial situations. Only two companies had filed offers to audit the fund’s financial results. The other bidder was a Romanian firm from Piatra Neamt, Expert Cont.

Romanian President wants to address Parliament on Sept. 21

President Traian Basescu has informed the Senate and the Chamber of Deputies that he wanted to address the Parliament’s plenary session on September 21, on current domestic policy issues, according to the Presidential Administration.

Hydroelectric power stations on Danube to be developed in partnership with Bulgaria

Romania and Bulgaria are interested in developing hydroelectric power stations on the Danube river in partnership, according to a release issued by the Ministry of Economy.

Romania, Bulgaria to join forces in Nabucco gas pipe project

Officials in the Romanian and Bulgarian Economy Ministries decided to take a common position as regards the construction of Nabucco gas pipeline, which is a priority project for both countries. Representatives of both ministries met on September 2-3 in the capital city Bucharest to analyze the evolution of the Nabucco project, Romania’s Economy Ministry said in a statement on Monday.

Fondul Proprietatea to pay dividends Of RON 0.816 a share for 2008 and 2009

Romanian investment fund Fondul Proprietatea will pay out a gross dividend of 0.816 lei a share for the 2008 and 2009 profits, according to a shareholders’ decision on Monday. The fund will start paying the dividends, which sum up around EUR 260 million, as of October 11.