Polyurethane foam and hotmelt producer Den Braven Romania registered total sales of EUR 39.5 million in 2010, an increase of 28 percent compared to the sales recorded in 2009.

BRD - Groupe Societe Generale posted a net profit of EUR 119 million last year, a drop of 36 percent on 2009, the bank has announced. The group's net profit, which also includes BRD Sogelease and BRD Finance, was 31 percent lower than in 2009.

Consumer prices in Romania grew by 0.77 percent on the month in January, while the annual inflation eased to 6.99percent , the country’s statistics institute INS said Monday. In December, the annual inflation peaked at 7.96 percent, mostly driven by a higher sales tax.

Romania’s state-owned railway company CFR SA will close 20 percent of the country's railroad network, about 4,000 kilometers of railway lines, unless it finds investors to ensure their maintenance, reads the letter of intent agreed upon by the Government and the International Monetary Fund.

Romania will allot EUR 15 million to hospitals this year for IT&C projects, according to Romanian Communications Minister Valerian Vreme.The Communications Ministry will spend as much as EUR 400,000 per hospital to outfit around 40 units, said Vreme.

The Romanian Communications Ministry will carry out a EUR 84 million project, funded by the European Union, to provide Internet access to the remaining unconnected areas in the country, according to minister Valerian Vreme.

Romanian carmaker Automobile Dacia, the Romanian unit of Finnish mobile giant Nokia, oil company OMV Petrom and oil refinery Rompetrol Rafinare were the country’s top exporters in 2010 both in the European Union and outside the EU, the Economy Ministry said Friday.

The Romanian Government has delayed until the spring of 2012 the sale of a 15 percent stake in natural gas producer Romgaz Medias, according to the country’s draft letter of intent agreed with the International Monetary Fund.

Romanian foreign direct investments, or FDI, fell 25.6 percent to EUR 2.6 billion in 2010, from EUR 3.5 billion in the previous year, the central bank said Friday.

Romanian lender Banca Transilvania (BT) manages EUR 311 million in wealth on the private banking segment, having increased by 20 percent the volume of managed assets for wealthy clients in 2010. Its clients need to have cash of at least EUR 100,000 placed with the bank for at least three months in the row, to qualify for the private banking services.

Polyurethane foam and hotmelt producer Den Braven Romania registered total sales of EUR 39.5 million in 2010, an increase of 28 percent compared to the sales recorded in 2009.

BRD - Groupe Societe Generale posted a net profit of EUR 119 million last year, a drop of 36 percent on 2009, the bank has announced. The group's net profit, which also includes BRD Sogelease and BRD Finance, was 31 percent lower than in 2009.

Consumer prices in Romania grew by 0.77 percent on the month in January, while the annual inflation eased to 6.99percent , the country’s statistics institute INS said Monday. In December, the annual inflation peaked at 7.96 percent, mostly driven by a higher sales tax.

Romania’s state-owned railway company CFR SA will close 20 percent of the country's railroad network, about 4,000 kilometers of railway lines, unless it finds investors to ensure their maintenance, reads the letter of intent agreed upon by the Government and the International Monetary Fund.

Romania will allot EUR 15 million to hospitals this year for IT&C projects, according to Romanian Communications Minister Valerian Vreme.The Communications Ministry will spend as much as EUR 400,000 per hospital to outfit around 40 units, said Vreme.

The Romanian Communications Ministry will carry out a EUR 84 million project, funded by the European Union, to provide Internet access to the remaining unconnected areas in the country, according to minister Valerian Vreme.

Romanian carmaker Automobile Dacia, the Romanian unit of Finnish mobile giant Nokia, oil company OMV Petrom and oil refinery Rompetrol Rafinare were the country’s top exporters in 2010 both in the European Union and outside the EU, the Economy Ministry said Friday.

The Romanian Government has delayed until the spring of 2012 the sale of a 15 percent stake in natural gas producer Romgaz Medias, according to the country’s draft letter of intent agreed with the International Monetary Fund.

Romanian foreign direct investments, or FDI, fell 25.6 percent to EUR 2.6 billion in 2010, from EUR 3.5 billion in the previous year, the central bank said Friday.

Romanian lender Banca Transilvania (BT) manages EUR 311 million in wealth on the private banking segment, having increased by 20 percent the volume of managed assets for wealthy clients in 2010. Its clients need to have cash of at least EUR 100,000 placed with the bank for at least three months in the row, to qualify for the private banking services.