The owner of Cotroceni Park mall in Bucharest, AFI Europe, has signed the leasing contract with fashion retailer H&M, which should open the first store in Romania within Cotroceni Park in spring next year.

Romanian state-owned companies Avioane Craiova, IOR, Mangalia Shipyard, Cuprumin and Moldomin will be privatized, according to the Economy Minister Adriean Videanu. This is not the first attempt to privatize these companies, which were already on the list of state participations which will be sold on the stock market.

Telecom operator Orange saw its revenues decline by 8.8 percent in the first half of this year, to EUR 484 million, according to Mediafax quoting a company report. The second quarter of the year however brought an improvement on the Romanian market.

Private health care operator Centrul Medical Unirea (CMU) posted EUR 10 million in revenues in the first half of the year, a 36 percent improvement on the same period of last year. CMU's Regina Maria maternity grew its turnover more than two fold during this period.

Pharmaceutical group A&D Pharma posted a sales figure of EUR 303 million in the first half of this year, up 30 percent on the same period last year, the company has announced. Its net profit went up even more – by 90 percent, to EUR 17.45 million.

Coca Coca Hellenic's sales volumes in Romania declined by low-double digit percentage points in the second quarter of the year, reflecting the continued challenging economic environment, earlier timing of Easter this year and the effect of severe flooding in the southern and eastern regions of the country.

Romania will use an integrated information system in its health sector, which includes the introduction of a health card, the electronic chart and the electronic prescription, which it hopes to introduce by the end of next year. This could save the country some EUR 300 million, according to Prime Minister Emil Boc.

Romania businessman Dinu Patriciu, who has met the International Monetary Fund delegation yesterday, said the IMF representatives live in a theoretical world, without knowing anything about the Romanian economy. The Romanian authorities should find a quick solutions, as others have found before, to send the IMF home

Dairy producer Danone Romania saw its sales increase by over 10 percent in Romania in the first half of the year, according to Ziarul Financiar, quoting information from the company. The company has a market share of 60 percent in Romania and posted a turnover of EUR 102 million last year. Last year, its net profit went down compared to a year before, reaching around EUR 6.4 million.

Romanian media, Finance Ministry raises EUR 1.2 billion from banks, 3 times more than planned – in Ziarul Financiar, Banca Transilvania, EUR 4 million profit in Q2 – in Ziarul Financiar, A new term for Property Fund listing: January 2011 – in Ziarul Financiar, Romtelecom launches its own sports TV channel – in Ziarul Financiar, Avon sells 45m euros' worth of cosmetics in rural areas – in Ziarul Financiar, Tarom flies high again after EUR 50 million losses of 2009: 30% growth in H1 – in Ziarul Financiar

The owner of Cotroceni Park mall in Bucharest, AFI Europe, has signed the leasing contract with fashion retailer H&M, which should open the first store in Romania within Cotroceni Park in spring next year.

Romanian state-owned companies Avioane Craiova, IOR, Mangalia Shipyard, Cuprumin and Moldomin will be privatized, according to the Economy Minister Adriean Videanu. This is not the first attempt to privatize these companies, which were already on the list of state participations which will be sold on the stock market.

Telecom operator Orange saw its revenues decline by 8.8 percent in the first half of this year, to EUR 484 million, according to Mediafax quoting a company report. The second quarter of the year however brought an improvement on the Romanian market.

Private health care operator Centrul Medical Unirea (CMU) posted EUR 10 million in revenues in the first half of the year, a 36 percent improvement on the same period of last year. CMU's Regina Maria maternity grew its turnover more than two fold during this period.

Pharmaceutical group A&D Pharma posted a sales figure of EUR 303 million in the first half of this year, up 30 percent on the same period last year, the company has announced. Its net profit went up even more – by 90 percent, to EUR 17.45 million.

Coca Coca Hellenic's sales volumes in Romania declined by low-double digit percentage points in the second quarter of the year, reflecting the continued challenging economic environment, earlier timing of Easter this year and the effect of severe flooding in the southern and eastern regions of the country.

Romania will use an integrated information system in its health sector, which includes the introduction of a health card, the electronic chart and the electronic prescription, which it hopes to introduce by the end of next year. This could save the country some EUR 300 million, according to Prime Minister Emil Boc.

Romania businessman Dinu Patriciu, who has met the International Monetary Fund delegation yesterday, said the IMF representatives live in a theoretical world, without knowing anything about the Romanian economy. The Romanian authorities should find a quick solutions, as others have found before, to send the IMF home

Dairy producer Danone Romania saw its sales increase by over 10 percent in Romania in the first half of the year, according to Ziarul Financiar, quoting information from the company. The company has a market share of 60 percent in Romania and posted a turnover of EUR 102 million last year. Last year, its net profit went down compared to a year before, reaching around EUR 6.4 million.

Romanian media, Finance Ministry raises EUR 1.2 billion from banks, 3 times more than planned – in Ziarul Financiar, Banca Transilvania, EUR 4 million profit in Q2 – in Ziarul Financiar, A new term for Property Fund listing: January 2011 – in Ziarul Financiar, Romtelecom launches its own sports TV channel – in Ziarul Financiar, Avon sells 45m euros' worth of cosmetics in rural areas – in Ziarul Financiar, Tarom flies high again after EUR 50 million losses of 2009: 30% growth in H1 – in Ziarul Financiar