The Bucharest-based subsidiary of Gazprom Marketing & Trading Limited has recently received the approval to supply natural gas in Romania. The license issued by the Romanian Energy Regulatory Authority (ANRE) is valid for one year.

Local construction materials producer AdePlast increased its turnover by 25 percent in the first half of the year compared to the same period of last year, to EUR 13.7 million, the company has announced.

Over 86 percent of Romanians would leave to work abroad, should they have the opportunity, founds a recent study carried on by the recruitment website myjob.ro. Half of the respondents in the study would leave the country to get a job for which they are already qualified, while an extra 25 percent said they would leave the country at any time.

Cable company UPC Romania posted a one percent increase in its revenues in the second quarter of this year, compared to the same period of last year. However, the company's subscribers dropped in number – down 3.1 percent. The company has lost analog cable customers due to the difficult market conditions, as well as to the promotion of digital and high definition TV services.

BCR has recently issued bonds worth EUR 3 million on the Luxembourg market. The bonds come with an eight-year timeline and a zero coupon.

The International Monetary Fund was content with the results of discussions in Bucharest, as part of the review mission which should end today, according to the head of the mission, Jeffrey Franks.

Italian group UniCredit posted a gross profit of EUR 42 million in the first half of the year in Romania, down 15.5 percent compared to the same period of last year, according to the group's financial results.

Star Storage, a company which specializes in data storage and information management, grew its turnover by 51 percent in the first half of the year, to EUR 7.8 million, compared to the first six months of last year. The company hopes to achieve an overall increase of 30 percent for the entire year, reaching EUR 18 million in turnover.

The unemployment level in Romania should stay at a stable rate towards the end of the year, said Romanian Labor Minister Mihai Seitan. “I don't expect an increase to a level higher than what it was in December lats year – 8.3 or 8.1. I can't give specific numbers, but anyway, it won't be higher than the level at the end of last year,” said Seitan.

Car dealer Romcar, part of Tiriac Holdings, which has previously sold Ford cars in Romania, will become a car parts distribution company for the TiriacAuto dealers network, according to Ziarul Financiar, quoting Alexandru Ion Tiriac.

The Bucharest-based subsidiary of Gazprom Marketing & Trading Limited has recently received the approval to supply natural gas in Romania. The license issued by the Romanian Energy Regulatory Authority (ANRE) is valid for one year.

Local construction materials producer AdePlast increased its turnover by 25 percent in the first half of the year compared to the same period of last year, to EUR 13.7 million, the company has announced.

Over 86 percent of Romanians would leave to work abroad, should they have the opportunity, founds a recent study carried on by the recruitment website myjob.ro. Half of the respondents in the study would leave the country to get a job for which they are already qualified, while an extra 25 percent said they would leave the country at any time.

Cable company UPC Romania posted a one percent increase in its revenues in the second quarter of this year, compared to the same period of last year. However, the company's subscribers dropped in number – down 3.1 percent. The company has lost analog cable customers due to the difficult market conditions, as well as to the promotion of digital and high definition TV services.

BCR has recently issued bonds worth EUR 3 million on the Luxembourg market. The bonds come with an eight-year timeline and a zero coupon.

The International Monetary Fund was content with the results of discussions in Bucharest, as part of the review mission which should end today, according to the head of the mission, Jeffrey Franks.

Italian group UniCredit posted a gross profit of EUR 42 million in the first half of the year in Romania, down 15.5 percent compared to the same period of last year, according to the group's financial results.

Star Storage, a company which specializes in data storage and information management, grew its turnover by 51 percent in the first half of the year, to EUR 7.8 million, compared to the first six months of last year. The company hopes to achieve an overall increase of 30 percent for the entire year, reaching EUR 18 million in turnover.

The unemployment level in Romania should stay at a stable rate towards the end of the year, said Romanian Labor Minister Mihai Seitan. “I don't expect an increase to a level higher than what it was in December lats year – 8.3 or 8.1. I can't give specific numbers, but anyway, it won't be higher than the level at the end of last year,” said Seitan.

Car dealer Romcar, part of Tiriac Holdings, which has previously sold Ford cars in Romania, will become a car parts distribution company for the TiriacAuto dealers network, according to Ziarul Financiar, quoting Alexandru Ion Tiriac.