The Government doesn't take into account, but is not ruling out either a new agreement with the International Monetary Fund, according to Romanian Finance Minister Sebastian Vladescu. The Romanian Government will analyze the need for a new agreement, hence a new round of financing from the IMF, at the end of this year, he also said.

Romanian Prime Minister Emil Boc will meet the International Monetary Fund delegation today, which is the second to last day of the IMF review mission in Romania. The meeting will start at 09,30.

German media company Waz (Westdeutsche Allgemeine Zeitung), one of the owners of Romania Libera newspaper, intends to withdraw from the Romanian and Serbian markets by the end of this year, according to handelsblatt.com. The group's strategy involves withdrawal from the entire Balkan area, according to Bodo Hombach, the group's CEO

Japanese car market Infiniti sold six cars in Romania since the beginning of the year, which was higher than qhat it has sold during the same period of last year: one Infiniti car.

The local subsidiary of Oracle Corporation, signed a five-year agreement for a 14,000 sqm office area in two office buildings, Oracle Tower and Nusco Tower, according to The Advisers/Knight Frank, who represented Oracle in the deal. Oracle will move to the new premises in Nusco Tower starting this autumn.

Den Braven Group, which has been recently taken over by financial companies Egeria and Wagram in an EUR 1 billion deal, will invest in expanding production capacities in Romania. The local subsidiary expects to reach a turnover of EUR 60 million within the following three year

Telecom operator RCS&RDS has introduced a new online bill payment facility. The facility was built in partnership with lender BCR and EuroPayment Services. The online payment facility is accessible through the telecom's operator webpage, through a Digi account

The net profit of local lender BRD-Groupe Societe Generale went down by 13.7 percent in the first half of the year, to around EUR 88.6 million. Its net banking revenues was 7 percent higher, to EUR 422 million.

The Romanian economy will drop by more than it was previously expected due to a series of decisions and measures taken this year, said Romanian Prime Minister Emil Boc. The VAT increase, the flooding and the international context have contributed to the slowdown. Emil Boc sees a revival of the Romanian economy next year. He is yet to put forward a value for both the GDP decrease expected this year and the increase for next year.

Ten insurance companies have together accumulated a loss of EUR 80 million last year, according to a report published by the Insurance Surveillance Commission (CSA). The ten companies which have posted losses last year are Ardaf, BCR Asigurari, Fata Asigurari, Groupama, OTP Garancia, Certasig, Eureko, KD Life, Omniasig Viata and Signal Iduna. There are 40 insurance companies on the Romanian market.

The Government doesn't take into account, but is not ruling out either a new agreement with the International Monetary Fund, according to Romanian Finance Minister Sebastian Vladescu. The Romanian Government will analyze the need for a new agreement, hence a new round of financing from the IMF, at the end of this year, he also said.

Romanian Prime Minister Emil Boc will meet the International Monetary Fund delegation today, which is the second to last day of the IMF review mission in Romania. The meeting will start at 09,30.

German media company Waz (Westdeutsche Allgemeine Zeitung), one of the owners of Romania Libera newspaper, intends to withdraw from the Romanian and Serbian markets by the end of this year, according to handelsblatt.com. The group's strategy involves withdrawal from the entire Balkan area, according to Bodo Hombach, the group's CEO

Japanese car market Infiniti sold six cars in Romania since the beginning of the year, which was higher than qhat it has sold during the same period of last year: one Infiniti car.

The local subsidiary of Oracle Corporation, signed a five-year agreement for a 14,000 sqm office area in two office buildings, Oracle Tower and Nusco Tower, according to The Advisers/Knight Frank, who represented Oracle in the deal. Oracle will move to the new premises in Nusco Tower starting this autumn.

Den Braven Group, which has been recently taken over by financial companies Egeria and Wagram in an EUR 1 billion deal, will invest in expanding production capacities in Romania. The local subsidiary expects to reach a turnover of EUR 60 million within the following three year

Telecom operator RCS&RDS has introduced a new online bill payment facility. The facility was built in partnership with lender BCR and EuroPayment Services. The online payment facility is accessible through the telecom's operator webpage, through a Digi account

The net profit of local lender BRD-Groupe Societe Generale went down by 13.7 percent in the first half of the year, to around EUR 88.6 million. Its net banking revenues was 7 percent higher, to EUR 422 million.

The Romanian economy will drop by more than it was previously expected due to a series of decisions and measures taken this year, said Romanian Prime Minister Emil Boc. The VAT increase, the flooding and the international context have contributed to the slowdown. Emil Boc sees a revival of the Romanian economy next year. He is yet to put forward a value for both the GDP decrease expected this year and the increase for next year.

Ten insurance companies have together accumulated a loss of EUR 80 million last year, according to a report published by the Insurance Surveillance Commission (CSA). The ten companies which have posted losses last year are Ardaf, BCR Asigurari, Fata Asigurari, Groupama, OTP Garancia, Certasig, Eureko, KD Life, Omniasig Viata and Signal Iduna. There are 40 insurance companies on the Romanian market.